Wharton, NJ Rental Market Trends
Last updated: June 02, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Wharton is $2,398, a 5.5% decrease compared to the previous year, when the average rent was $2,537.
One-bedroom apartments provide 770 square feet for $2,156, balancing privacy and affordability.
Two-beedroom units at $2,559 offer 1,085 square feet, perfect for roommates or small families.
Average rent in Wharton, NJ
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,398 | 937 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $2,156 | 770 sq. ft. |
| 2 Beds | $2,559 | 1,085 sq. ft. |
| 3 Beds | n/a | n/a |
Wharton, NJ rent trends
Rental prices in Wharton, NJ have decreased by 5.5% over the past year. The average rent moved from $2,537 to $2,398.
What's the typical rent budget in Wharton, NJ?
The largest share of rentals in Wharton, NJ (38%) 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?
237 or 35% of the households in Wharton, NJ are renter-occupied while 430 or 64% are owner-occupied.
How Wharton Compares to Other Cities
| City | Average Rent |
|---|---|
| Wharton | $2,398 |
| Jersey City | $3,688 |
| Jersey Shore | $2,161 |
| Newark | $1,722 |
| East Orange | $1,894 |
| Bayonne | $2,580 |
| Elizabeth | $1,855 |
| Paterson | $1,718 |
| Hoboken | $4,500 |
| Camden | $1,461 |
| New Brunswick | $2,529 |
| Mount Arlington | $2,487 |
| Florham Park | $3,329 |
| New Providence | $2,275 |
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.