New Jersey Rental Market Trends
Last updated: May 14, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in New Jersey is $2,416, a 0.79% increase compared to the previous year, when the average rent was $2,397.
Studio Apartments at $2,004 offer the most budget-friendly option with 498 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 748 square feet for $2,159, balancing privacy and affordability.
Two-beedroom units at $2,728 offer 1,046 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,366 sq ft) for $3,628, suitable for larger households.
Average rent in New Jersey
Last updated: May 14, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,416 | 871 sq. ft. |
| Studio | $2,004 | 498 sq. ft. |
| 1 Bed | $2,159 | 748 sq. ft. |
| 2 Beds | $2,728 | 1,046 sq. ft. |
| 3 Beds | $3,628 | 1,366 sq. ft. |
New Jersey rent trends
What's the typical rent budget in New Jersey?
The largest share of rentals in New Jersey (30%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in New Jersey?
1,268,573 or 36% of the households in New Jersey are renter-occupied while 2,239,128 or 64% are owner-occupied.
How New Jersey Compares to Other States
| State | Average Rent | Average Apartment Size |
|---|---|---|
| Alabama | $1,319 | 992 sq. ft. |
| Arizona | $1,569 | 864 sq. ft. |
| Arkansas | $1,148 | 896 sq. ft. |
| California | $2,651 | 853 sq. ft. |
| Colorado | $1,824 | 875 sq. ft. |
| Connecticut | $2,150 | 897 sq. ft. |
| Delaware | $1,709 | 921 sq. ft. |
| District of Columbia | $2,476 | 748 sq. ft. |
| Florida | $1,977 | 983 sq. ft. |
| Georgia | $1,640 | 1,026 sq. ft. |
| Idaho | $1,674 | 931 sq. ft. |
| Illinois | $2,050 | 840 sq. ft. |
| Indiana | $1,342 | 909 sq. ft. |
| Iowa | $1,240 | 897 sq. ft. |
| Kansas | $1,326 | 909 sq. ft. |
| Kentucky | $1,330 | 934 sq. ft. |
| Louisiana | $1,246 | 921 sq. ft. |
| Maine | $2,057 | 837 sq. ft. |
| Maryland | $1,887 | 907 sq. ft. |
| Massachusetts | $2,853 | 880 sq. ft. |
| Michigan | $1,414 | 920 sq. ft. |
| Minnesota | $1,659 | 893 sq. ft. |
| Mississippi | $1,328 | 1,011 sq. ft. |
| Missouri | $1,358 | 901 sq. ft. |
| Montana | $1,722 | 888 sq. ft. |
| Nebraska | $1,355 | 933 sq. ft. |
| Nevada | $1,548 | 909 sq. ft. |
| New Hampshire | $2,177 | 877 sq. ft. |
| New Jersey | $2,416 | 871 sq. ft. |
| New Mexico | $1,418 | 837 sq. ft. |
| New York | $2,613 | 874 sq. ft. |
| North Carolina | $1,555 | 978 sq. ft. |
| North Dakota | $1,164 | 964 sq. ft. |
| Ohio | $1,345 | 900 sq. ft. |
| Oklahoma | $1,070 | 859 sq. ft. |
| Oregon | $1,742 | 845 sq. ft. |
| Pennsylvania | $1,807 | 889 sq. ft. |
| Rhode Island | $2,192 | 915 sq. ft. |
| South Carolina | $1,628 | 1,015 sq. ft. |
| South Dakota | $1,206 | 913 sq. ft. |
| Tennessee | $1,537 | 953 sq. ft. |
| Texas | $1,448 | 892 sq. ft. |
| Utah | $1,635 | 930 sq. ft. |
| Virginia | $2,009 | 923 sq. ft. |
| Washington | $2,037 | 829 sq. ft. |
| Wisconsin | $1,626 | 919 sq. ft. |
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Popular Cities in New Jersey
- Apartments in Atlantic City $1,623
- Apartments in Bayonne $2,580
- Apartments in Blackwood $1,632
- Apartments in Bordentown $1,919
- Apartments in Camden $1,461
- Apartments in Carteret $2,413
- Apartments in Cherry Hill $2,241
- Apartments in Clementon $1,568
- Apartments in East Orange $1,894
- Apartments in Eatontown $2,133
- Apartments in Elizabeth $1,855
- Apartments in Haddon Township $2,151
- Apartments in Hoboken $4,500
- Apartments in Jersey City $3,688
- Apartments in Jersey Shore $2,161
- Apartments in Long Branch $2,369
- Apartments in Lumberton $1,915
- Apartments in Maple Shade $1,760
- Apartments in Marlton $2,227
- Apartments in Mays Landing $1,985
- Apartments in Metuchen $2,994
- Apartments in New Brunswick $2,529
- Apartments in Newark $1,722
- Apartments in Passaic $1,870
- Apartments in Paterson $1,718
- Apartments in Perth Amboy $2,353
- Apartments in Plainfield $2,111
- Apartments in Rahway $2,452
- Apartments in Red Bank $2,596
- Apartments in Sayreville $1,961
- Apartments in Sicklerville $1,974
- Apartments in Summit $2,852
- Apartments in Union City $2,156
- Apartments in Woodbury $2,062
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all New Jersey apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.