Westfield, NJ Rental Market Trends
What is the average rent in Westfield?
The average rent for an apartment in Westfield is $2,113, a 1% decrease compared to the previous year, when the average rent was $2,140.
Average Rent in Westfield, NJ
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$2,113||-1%||842 sq. ft.|
What is the average apartment size in Westfield?
The average size for a Westfield, NJ apartment is 842 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.
Westfield, NJ Apartment Rent Ranges
- > $2,00042%
Westfield, NJ Occupied Housing Units
- Renter-occupied Households24%
- Owner-occupied Households75%
2,481 or 24% of the households in Westfield, NJ are renter-occupied while 7,809 or 75% are owner-occupied.
Westfield, NJ Rent Trends
|Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||May / 2021|
How Westfield Compares to Other Cities
|Average Rent||Y-o-Y Change|
|New York City||$3,374||-14%|