Elizabeth, NJ Rental Market Trends
The average rent for an apartment in Elizabeth is $1,295, a 5% increase compared to the previous year.
Average Rent in Elizabeth, NJ
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,295||5%||690 sq. ft.|
The average size for a Elizabeth, NJ apartment is 690 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Elizabeth, NJ Apartment Rent Ranges
- > $2,0002%
Elizabeth, NJ Occupied Housing Units
- Renter-occupied Households29%
- Owner-occupied Households70%
11,727 or 29% of the households in Elizabeth, NJ are renter-occupied while 28,492 or 70% are owner-occupied.
Elizabeth, NJ Rent Trends
|Nov / 2016||Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Dec / 2019|
How Elizabeth Compares to Other Cities
For more information about the Elizabeth rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!