The average monthly rent of apartments in Wharton, NJ is $2,488.
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Rental prices in Wharton, NJ have decreased by 3.4% over the past year. The average rent moved from $2,575 to $2,488.
Compared to the national average rent of $1,741, the average rent in Wharton, NJ is $2,488.
The average monthly rent of apartments in Wharton, NJ is $2,488.
About 25% of apartment rents in Wharton, NJ range between $2,001-$2,500. Meanwhile, apartments around $2,501-$3,000 represent 42% of apartments. Around 18% of Wharton’s apartments are in the $1,501-$2,000 price range. 1% of apartments are priced between $1,001-$1,500. A share of 15% of apartment rentals in Wharton are in the > $3,000 range.
The largest share of rentals in Wharton, NJ (42%) fall between $2,501-$3,000 per month. This suggests that most people succesfully find suitable apartments within this price.
In Wharton, 38% of the residents are renting compared to 62% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 23% of Wharton's rentals, 69% are small-scale complexes with under 50 units, and 8% are single-family rentals.
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