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New Providence, NJ rent trends

Rental prices in New Providence, NJ have decreased by 2.87% over the past year. The average rent moved from $2,478 to $2,407.

Check out the average rent prices in New Providence by neighborhood.

The average price of rental apartments nationwide is $1,741, while the monthly rent in New Providence, NJ is $2,407, on average.

Average rent in New Providence, NJ

$2,407/mo New Providence, NJ average rental price, January 2026
Image Average Rent

The monthly rate for New Providence, NJ apartments is on average $2,407.

    What's the typical rent budget in New Providence, NJ?

    Approximately 20% of apartments in New Providence, NJ charge rents around $1,501-$2,000. A share of 58% of New Providence’s rental apartments have monthly rents between $2,001-$2,500. In the rent range of $2,501-$3,000 there are 19% apartment units. 3% of the city’s apartments are in the price range of > $3,000.

    The largest share of rentals in New Providence, NJ (58%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in New Providence, NJ

    74 /100
    Very Walkable
    50 /100
    Bikeable
    Walk Score®: 74, Bike Score®: 50

    Frequently asked questions

    What are the advantages of renting a 2 bedroom apartment in New Providence, NJ?

    2 bedroom apartments offer more space compared to 1 bedroom or studio apartments. They are more suitable for 2 persons.

    What are the downsides of renting a 2 bedroom apartment in New Providence, NJ?

    A 2 bedroom apartment is usually slightly more expensive than a 1 bedroom apartment.