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Studio Apartments for Rent in Summit, NJ
36 Rentals Available

2-23-city

Popular searches Average rent Renters guide Demographics

Average rent in Summit, NJ

$2,365/mo Summit, NJ average rental price, January 2023
Image Average Rent

Apartments in Summit, NJ rent for $2,365 per month, on average.

Summit, NJ apartment rent ranges

Summit, NJ rent trends

Getting around in Summit, NJ

88 /100
Very Walkable
44 /100
Some Transit
49 /100
Somewhat Bikeable
Walk Score®: 88, Transit Score®: 44, Bike Score®: 49

Frequently asked questions

What is the average size of a studio apartment in Summit, NJ?

The average Summit, NJ studio apartment size is 578 sq. ft.

What are the advantages of renting a studio apartment in Summit, NJ?

Studio apartments in Summit, NJ tend to be more affordable than other apartments and they have lower utility costs.

What are the downsides of renting a studio apartment in Summit, NJ?

One of the downsides of living in a studio apartment is the limited storage space. You might be interested in 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RentCafe apartments for rent in Summit, NJ.

Summit, NJ demographics

The total population of Summit, NJ is 21,913, of which 10,458 are men and 11,455 are women, according to the most recent U.S. Census Bureau estimates. The residents of Summit have a median age of 40.2.

Summit, NJ households

  • 5,537 Family
    2,197 Non-family
  • 3,320 Children
    4,414 No Children
  • 7,734Total Number of Households
  • 2.8Average People Per Household
  • $142,845Median Household Income

A total of 7,734 households live in Summit, NJ, of which 5,537 are family households and 2,197 are non-family households, per U.S. Census estimates. Of these, approximately 3,320 households have children and 4,414 households do not have children. The average size of a household in Summit, NJ is 2.8. The median household income in Summit is $142,845 annually, with $2,582 per month going towards housing.

Summit, NJ education statistics

According to Census data, 2% of the population in Summit, NJ have no high school education, 18% went to high school, 10% have some college education, 3% earned an Associate Degree, 33% earned a Bachelor Degree, and 33% earned a Graduate Degree.

Look for studio apartments near me

Are you looking to land a small but cool studio apartment near you? Is an unbeatable location more important to you than lots of space? You can now browse through all available RentCafe listings, to find the perfect studio apartment near you, in your favorite neighborhood, ZIP code, or in another city or state in the U.S. wherever life takes you. Check the ratings and reviews of properties with studio apartments, filter them based on your criteria, and find the one that suits your needs.

Compare the size, price and location, as well as amenities, both inside and outside the apartment. Whether you are looking for a more modern studio near you, or one in a charming old building, or maybe you want to be close to a certain park, the downtown area of your city, or near family or friends, RentCafe allows you to find the best fit for you - so, let's find your new home!

Renting a studio apartment in Summit, NJ

The bad news is that the hip neighborhoods are typically not the places to look for truly affordable homes for rent, and Summit, NJ is no exception. That is unless you are willing to give up the (real or imagined) benefits of multiple rooms and experience the minimalist simplicity of a small apartment located smack dab in the middle of the action. Leaf through 25 listings with a total of 35 units, and you’ll be sure to find at least a couple of cheap studios that will make you wonder whether having one or two extra rooms is really worth the difference in price and commute time. Already a fan of living small? Why don’t you check out our selection of one room apartments—there’s always a better deal out there, you just have to know where to look for it (Elizabeth is the cheapest neighborhood in town—wink wink).

They are called efficiency apartments for a reason

In case you’re still wondering, the time and effort put into finding an efficiency apartment does pay off. Literally, and pretty fast too. The Summit, NJ average rent is currently at $2,600, but a single-bedroom apartment in Summit, NJ can be yours for as low as $1,014 per month. While the cheapest bachelor units normally have a small bath and one bigger, multifunctional space (meaning that the hall and the kitchen in the main room, basically), you don’t need to have that if it’s not your thing. You can find plenty of one-room apartments in Summit, NJ with a separate kitchen. These are still well under the price of an apartment with multiple rooms, but slightly more expensive than your average studio, so it’s a good idea to aim for the higher end of the price range. The currently the most expensive studio apartment in Summit, NJ costs a monthly $11,003.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!