Rentometer, Inc. | Data as of 01/10/2026
New Jersey’s rental market reflects the state’s blend of vibrant urban centers, historic suburbs, and scenic coastal communities. From the bustling streets of Newark and Jersey City to the family‑friendly neighborhoods of Middlesex County and the picturesque shoreline towns of Monmouth, renters enjoy easy access to world‑class dining, cultural venues, and major transportation hubs that connect seamlessly to New York City and Philadelphia. The state’s diverse lifestyle options make it a top choice for professionals, students, and growing families alike.
Renters can choose from a wide range of housing types, including modern apartments and single‑family homes. Studio apartments typically fall in the low $2,200 range, while one‑bedroom units average around the $2,300 mark. Two‑bedroom apartments are commonly found in the $3,000 range, and three‑bedroom units often approach $3,500, with larger four‑plus bedroom units surpassing $3,600. For houses, studio‑style rentals start near $2,300, one‑bedroom homes average about $3,200, and three‑bedroom homes hover around $3,100, with premium four‑plus bedroom houses exceeding $4,000. These price points reflect a competitive market that balances affordability with the quality of amenities and location.
Notable neighborhoods such as Hoboken’s waterfront, the historic charm of Princeton, and the bustling retail districts of Atlantic City offer renters a variety of experiences. Proximity to parks like the Delaware Water Gap, cultural institutions such as the New Jersey Performing Arts Center, and top‑rated schools further enhance the appeal of New Jersey rentals. Whether you’re seeking a convenient commuter apartment or a spacious family home, the Garden State’s rental market provides flexible options to suit a broad spectrum of lifestyles.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $2,335 | $2,242 | $1,400 - $3,595 | $1,903 - $2,760 |
| Apartment | 1 Bedroom | $2,456 | $2,379 | $875 - $4,703 | $1,904 - $2,945 |
| Apartment | 2 Bedroom | $3,042 | $2,895 | $977 - $7,225 | $2,275 - $3,708 |
| Apartment | 3 Bedroom | $4,059 | $3,470 | $1,439 - $10,000 | $2,500 - $5,595 |
| Apartment | 4+ Bedroom | $2,587 | $2,525 | $2,450 - $2,850 | $2,500 - $2,850 |
| House | 1 Bedroom | $1,917 | $1,750 | $650 - $3,000 | $1,575 - $2,600 |
| House | 2 Bedroom | $2,214 | $2,225 | $750 - $3,400 | $1,850 - $2,500 |
| House | 3 Bedroom | $2,765 | $2,712 | $1,250 - $4,950 | $2,000 - $3,500 |
| House | 4+ Bedroom | $4,216 | $3,600 | $1,750 - $14,995 | $2,850 - $4,750 |
In the current period, the average rent in New Jersey was $2,317 for Studio, $2,421 for 1 Bedroom, $2,943 for 2 Bedroom, $3,266 for 3 Bedroom, and $3,548 for 4+ Bedroom.
Data provided by Rentometer, Inc.