Wharton, NJ Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Wharton is $2,495, a 2.76% decrease compared to the previous year, when the average rent was $2,565.
One-bedroom apartments provide 772 square feet for $2,238, balancing privacy and affordability.
Two-beedroom units at $2,683 offer 1,077 square feet, perfect for roommates or small families.
Average rent in Wharton, NJ
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,495 | 936 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $2,238 | 772 sq. ft. |
| 2 Beds | $2,683 | 1,077 sq. ft. |
| 3 Beds | n/a | n/a |
Wharton, NJ rent trends
Rental prices in Wharton, NJ have decreased by 2.76% over the past year. The average rent moved from $2,565 to $2,495.
What's the typical rent budget in Wharton, NJ?
The largest share of rentals in Wharton, NJ (42%) fall between $2,501-$3,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Wharton, NJ?
1,795 or 38% of the households in Wharton, NJ are renter-occupied while 2,966 or 62% are owner-occupied.
How Wharton Compares to Other Cities
| City | Average Rent |
|---|---|
| Wharton | $2,495 |
| Jersey City | $3,786 |
| Jersey Shore | $2,164 |
| Newark | $1,741 |
| East Orange | $1,868 |
| Elizabeth | $1,871 |
| Bayonne | $2,604 |
| Hoboken | $4,577 |
| Paterson | $1,718 |
| Summit | $2,852 |
| Camden | $1,426 |
| Caldwell | $2,161 |
| Pompton Lakes | $2,108 |
| New Providence | $2,173 |
| Roseland | $3,217 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Wharton apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.