Avenel, NJ Rental Market Trends
Last updated: February 18, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Avenel is $2,308, a 1.8% increase compared to the previous year, when the average rent was $2,267.
One-bedroom apartments provide 867 square feet for $2,061, balancing privacy and affordability.
Two-beedroom units at $2,494 offer 1,116 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,634 sq ft) for $3,289, suitable for larger households.
Average rent in Avenel, NJ
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,308 | 1,012 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $2,061 | 867 sq. ft. |
| 2 Beds | $2,494 | 1,116 sq. ft. |
| 3 Beds | $3,289 | 1,634 sq. ft. |
Avenel, NJ rent trends
Rental prices in Avenel, NJ have increased by 1.8% over the past year. The average rent moved from $2,267 to $2,308.
What's the typical rent budget in Avenel, NJ?
The largest share of rentals in Avenel, NJ (44%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Avenel, NJ?
2,830 or 50% of the households in Avenel, NJ are renter-occupied while 2,799 or 50% are owner-occupied.
How Avenel Compares to Other Cities
| City | Average Rent |
|---|---|
| Avenel | $2,308 |
| Jersey City | $3,768 |
| Jersey Shore | $2,153 |
| Newark | $1,706 |
| Bayonne | $2,585 |
| East Orange | $1,849 |
| Elizabeth | $1,854 |
| Hoboken | $4,560 |
| Summit | $2,862 |
| Long Branch | $2,563 |
| Paterson | $1,705 |
| New York City | $5,227 |
| Woodbridge | $2,618 |
| Iselin | $2,423 |
| Fords | $2,318 |
| Short Hills | $4,041 |
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 Avenel 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.