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Studio Apartments for Rent in Summit, NJ - 2 Rentals available

We found 1 rental in Summit, NJ and 1 rental nearby

  • Apartment in Summit
    145-147 Summit Ave., Summit, NJ 07901
    $1,750 - $2,995
    • Studio-3 Beds
    • 1 Baths
    Available Today!
    (833) 671-7873

We found 1 rental within a 5-mile radius of Summit, NJ

  • Apartment in Downtown Millburn
    218-226 Millburn Avenue, Millburn, NJ 07041
    $1,675 - $1,850
    • Studio-2 Beds

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Summit, NJ Demographics

  • Total Population21,869
  • Female 10,816
    Male 11,053
  • Median Age40.2

Average Rent for Studios in Summit, NJ

  • The average rent for studios in Summit, NJ, November 2018$1,969/mo
  • Studio$1,158
  • 1 Bedroom$1,521
  • 2 Bedrooms$2,186
  • Studio$1,158
  • 1 Bedroom$1,521
  • 2 Bedroom$2,186

Summit, NJ Studios Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Nov / 2018 $1,969 $1,158
Jan / 2018 $1,963 $1,158
Sept / 2017 $1,999 $1,304
May / 2017 $1,938 $1,256
Jan / 2017 $1,897 $1,245
Sept / 2016 $1,868 $1,186
May / 2016 $1,887 $1,161
Jan / 2016 $1,838 $1,126
Sept / 2015 $1,897 $1,149
May / 2015 $1,813 $1,170

Summit, NJ Households

  • Total Number of Households7,702
  • Family 5,547
    Non-family 2,155
  • Children 3,212
    No Children 4,490
  • Average People Per Household2.82
  • Median Household Income$129,583
  • Median Housing Costs Per Month$2,365

Summit, NJ Education Statistics

  • No High School2%
  • Some High School16%
  • Some College10%
  • Associate Degree4%
  • Bachelor Degree33%
  • Graduate Degree34%

Renting a studio apartment in Summit, NJ

Finding an affordable home is definitely not an easy task nowadays, especially if you’re new to the market. When looking for a budget-friendly small apartment, you should decide on the non-negotiables and look for a home that meets your needs. On average, a studio apartment’s size in Summit, NJ is 810 Sqft, which is convenient for a young professional, recent graduate, student or for someone who prefers not to spend more than necessary on a monthly rent. A cheap studio can be rented starting from $1,750, so your next step is to make up your mind regarding the layout of your future nest: do you want a one room apartment, with kitchen in the main room, or a bachelor flat with a separate kitchen? Hard to decide.

The perks of renting an efficiency apartment

They say renting is like dating- you should not expect absolute perfection from a rental home, but you should love the things that make it uniquely yours. If you’re interested in an efficiency apartment in Summit, NJ, we are confident that you will find a great place that complements your lifestyle. Having a small apartment comes with a series of advantages that their larger companions lack. A studio apartment is easier to keep clean and it’s always less cluttered, because there is no room for unnecessary stuff. If single bedroom apartments and small apartments is what you’re after, you are more likely to afford living in the hip parts of the town, within walking or biking distance from entertainment and shopping. You will also notice significant savings year after year. Pick your price limit and square footage and browse through our 1 listing in Summit, NJ and we promise you won’t be disappointed.