Apartment Space for $1,500: How Much Room Can Renters Expect in New Jersey?
Share this article:
Searching for apartments for rent during the busy summer months can be a real headache, especially if you’re trying to make your money stretch as far as possible. With so many people working remotely, renters want to get the best bang for their buck while still having a cozy and practical place to live. On average, a monthly budget of $1,500 will get you 729 square feet of apartment space. But this changes a lot depending on where you are, because rental markets vary so much across the U.S.
Looking for apartments in New Jersey is a whole different ballgame during the high season when everyone’s competing for rental places. If you want the most space for your money, you have to be smart about where you look and what you need. Things like location, what the place comes with, and the neighborhood all matter.
New Jersey has plenty of options, from lively city spots to quieter suburban areas. To help you out, we found the top three cities in New Jersey where $1,500 a month gets you the most space: Newark, Paterson, and Jersey City. Each city is unique, offering different combinations of space, features, and overall feel to match what you’re looking for. Checking out these places is a good way to find the best fit for your needs and your budget.
Newark offers the most apartment space for $1,500 a month
Newark is a great option if you’re looking for a good amount of space without overspending. For $1,500 a month, you can get around 696 square feet, which is a little less than the national average. This translates to a two-bedroom apartment — a convenient deal for renters who want a decent amount of space without emptying their wallets.
Newark has lots of different neighborhoods, each with its own vibe. North Ironbound, South Ironbound and Downtown Newark are popular for renters. North Ironbound has easy access to major transit hubs like Newark Penn Station, making it great for renters who commute for work to Manhattan and other places in New York City, while South Ironbound is more affordable and tends to be quieter, making it suitable for families and those seeking a more laidback environment. Besides offering excellent transit options, Downtown Newark is known for its artsy atmosphere and has plenty of restaurants, cafes, bars, and shops, offering diverse cuisines and shopping experiences.
The city attracts all kinds of people, from young professionals to families. There’s a ton to do in Newark, including parks, restaurants, and cultural venues like the New Jersey Performing Arts Center and the Newark Museum. And, if you like the outdoors, Branch Brook Park is beautiful in the spring when the cherry blossoms bloom.
Your $1,500 budget gets you 667 square feet in Paterson
In Paterson, you can snag 667 square feet of apartment space for $1,500 a month. It’s a little less than the national average but it’s still a good choice for budget-conscious renters.
Paterson is a good place to rent in New Jersey because it’s affordable and has easy access to transportation. The city has a diverse mix of renters, including students, professionals, and families. There’s plenty to do in Paterson, from the Great Falls National Historical Park to lots of cultural festivals all year round. If you’re a history buff, you should definitely check out the Paterson Museum to learn about the city’s industrial past.
Apartments for rent in Paterson‘s neighborhoods mix old-school charm with modern convenience. For instance, Downtown Paterson is a lively area that’s home to historical landmarks and museums, and also has good access to public transportation options, making commuting easier for renters without a car. On the other hand, Eastside Park has a more suburban feel with plenty of green spaces, historic charm, and a strong sense of community, which makes it perfect for renters with children.
Jersey City renters enjoy urban living with trade-off
Jersey City is known for its urban lifestyle and proximity to Manhattan, but this comes with a trade-off in terms of apartment space. For $1,500 per month, renters can secure only 340 square feet in Jersey City. The city attracts young professionals and those who enjoy a fast-paced urban lifestyle. Jersey City offers numerous amenities, including waterfront parks, trendy restaurants, and a thriving arts scene. The city’s proximity to New York City makes it a convenient option for commuters.
Despite the limited space renters could get for $1,500 a month, Jersey City remains a popular renting spot due to its vibrant neighborhoods like Downtown and Journal Square. Many apartments in Downtown Jersey City are in upscale high-rise buildings and historic brownstones with stunning views of the Manhattan skyline, with easy access to the PATH train to New York City. Renters living in apartments in Journal Square enjoy a more affordable alternative to the downtown area while still being close to the PATH train.
With $1,500 a month for rent, you’ll find different apartment space offers depending on where you look in New Jersey. It’s important to weigh your options and decide what matters most to you: space, price, or amenities. If you want a bigger place, Newark might be a good fit. If you’re looking for a place with history and character, consider Paterson. And if you’re drawn to the energy of city living, Jersey City has a lot to offer. No matter what you’re looking for, New Jersey offers a wide range of options to suit your needs.
Share this article:
Veronica Grecu is a senior creative writer and research analyst for RentCafe. With more than 14 years of experience in the real estate industry, she covers a variety of topics in the apartment market, including rental competitiveness, new construction and other industry trends. Her work has been featured in top publications like The New York Times, The Washington Post, The Wall Street Journal, The Philadelphia Inquirer, The Miami Herald, CNN, CNBC, and more. Prior to RentCafe, Veronica was involved in producing real estate content for Multi-Housing News, Commercial Property Executive and Yardi Matrix. She holds a B.A. in Applied Modern Languages and an M.A. in Advertising and PR.
The Ready Renter has your back
Tips, news, and research curated for renters, straight to your inbox.
Related posts
Subscribe to
The Ready Renter newsletter





