Elizabeth, NJ Rental Market Trends
Last updated: February 22, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Elizabeth is $1,854, a 0.18% decrease compared to the previous year, when the average rent was $1,858.
Studio Apartments at $1,361 offer the most budget-friendly option with 419 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 650 square feet for $1,774, balancing privacy and affordability.
Two-beedroom units at $2,173 offer 958 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,070 sq ft) for $2,435, suitable for larger households.
Average rent in Elizabeth, NJ
Last updated: February 22, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,854 | 721 sq. ft. |
| Studio | $1,361 | 419 sq. ft. |
| 1 Bed | $1,774 | 650 sq. ft. |
| 2 Beds | $2,173 | 958 sq. ft. |
| 3 Beds | $2,435 | 1,070 sq. ft. |
Elizabeth, NJ rent trends
Rental prices in Elizabeth, NJ have decreased by 0.18% over the past year. The average rent moved from $1,858 to $1,854.
What's the typical rent budget in Elizabeth, NJ?
The largest share of rentals in Elizabeth, NJ (50%) 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 Elizabeth, NJ?
34,268 or 75% of the households in Elizabeth, NJ are renter-occupied while 11,664 or 25% are owner-occupied.
Most affordable neighborhoods in Elizabeth?
Westminster $1,773/month
Elmora $1,891/month
North Elizabeth $2,100/month
All of these neighborhoods fall below the city wide average of $1,854/month.Average Rent in Elizabeth, NJ By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| North Elizabeth | $2,100 |
| Elmora | $1,891 |
| Westminster | $1,773 |
/
Elizabeth | Rent Comparison by Neighborhood
Rent in Elmora is 10% lower than in North Elizabeth
$1,891
Elmora rent is 2% higher than Elizabeth average
Average Rent
$1,891
$2,100
North Elizabeth rent is 13% higher than Elizabeth average
Average Rent
$2,100
How Elizabeth Compares to Other Cities
| City | Average Rent |
|---|---|
| Elizabeth | $1,854 |
| Jersey City | $3,768 |
| Jersey Shore | $2,153 |
| Newark | $1,706 |
| Bayonne | $2,585 |
| East Orange | $1,849 |
| Hoboken | $4,560 |
| Summit | $2,862 |
| Long Branch | $2,563 |
| Paterson | $1,705 |
| Camden | $1,418 |
| New York City | $5,227 |
| Rahway | $2,442 |
| Perth Amboy | $2,416 |
| Union City, NJ | $2,179 |
| Linden, NJ | $2,146 |
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 Elizabeth 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.