2-Bedroom Apartment Rent in Chatham, NJ
Median asking rent for a 2-bedroom apartment in Chatham, New Jersey as of July 2026. That's +6% lower than the citywide median of $3,272 and +87% above the national 2-bedroom median of $1,655.
Income needed for a 2-bedroom in Chatham
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.
Rent by apartment size in Chatham
Compare Chatham's median rent across every apartment size.
Cheapest cities for a 2-bedroom in New Jersey
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Camden | $1,420 |
| 2 | Audubon | $1,450 |
| 3 | West Deptford Township | $1,470 |
| 4 | Bellmawr | $1,480 |
| 5 | Clementon | $1,493 |
| 6 | Atlantic City | $1,510 |
| 7 | Pleasantville | $1,550 |
| 8 | Vineland | $1,550 |
| 9 | Millville | $1,560 |
| 10 | Somerdale | $1,620 |
| 11 | Phillipsburg | $1,630 |
| 12 | Passaic | $1,640 |
| 13 | Blackwood | $1,643 |
| 14 | Seaside Heights | $1,670 |
| 15 | Burlington Township | $1,680 |
Most expensive cities for a 2-bedroom in New Jersey
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Hoboken | $3,450 |
| 2 | Mount Arlington | $3,210 |
| 3 | Morris Plains | $3,210 |
| 4 | Livingston | $3,210 |
| 5 | East Hanover Township | $3,210 |
| 6 | Cedar Knolls | $3,210 |
| 7 | Pine Brook | $3,120 |
| 8 | Edgewater | $3,110 |
| 9 | Cresskill | $3,110 |
| 10 | South Orange | $3,100 |
| 11 | Chatham (this page) | $3,090 |
| 12 | Morristown | $3,070 |
| 13 | Morganville | $3,000 |
| 14 | Madison | $2,960 |
| 15 | Summit | $2,950 |
Nearby cities — 2-bedroom rent
Considering nearby alternatives? 5 of these cities have cheaper 2-bedroom rents than Chatham.
| City | Distance | 2-Bedroom rent | vs Chatham |
|---|---|---|---|
| Madison, NJ | 2.4 mi | $2,960 | $-130 (-4%) |
| Summit, NJ | 3.3 mi | $2,950 | $-140 (-5%) |
| Short Hills, NJ | 5.5 mi | $2,940 | $-150 (-5%) |
| Westfield, NJ | 7 mi | $2,930 | $-160 (-5%) |
| Livingston, NJ | 7.1 mi | $3,210 | +$120 (+4%) |
| Cedar Knolls, NJ | 7.2 mi | $3,210 | +$120 (+4%) |
| Plainfield, NJ | 7.6 mi | $2,050 | $-1,040 (-34%) |
| Warren Township, NJ | 9.7 mi | $2,620 | $-470 (-15%) |
| West Orange, NJ | 11 mi | $2,520 | $-570 (-18%) |
| Roselle, NJ | 11.7 mi | $1,950 | $-1,140 (-37%) |
| Iselin, NJ | 12.7 mi | $2,470 | $-620 (-20%) |
| Metuchen, NJ | 13.1 mi | $2,530 | $-560 (-18%) |
2-Bedroom rent in Chatham — common questions
How much is a 2-bedroom apartment in Chatham?
As of July 2026, the median 2-bedroom apartment rent in Chatham, New Jersey is $3,090 per month. This is +6% below the citywide median of $3,272.
What income do you need to afford a 2-bedroom in Chatham?
Using the standard 30% rent-to-income rule, you would need an annual income of about $123,600 ($10,300/month gross), which works out to roughly $59.42/hour at a full-time job.
Is Chatham expensive for a 2-bedroom compared to the rest of the US?
Chatham's 2-bedroom median of $3,090 is +87% above the national 2-bedroom median of $1,655. It ranks in the 95th percentile of US cities tracked.
How does Chatham rank for 2-bedroom rent in New Jersey?
Among the 174 cities in New Jersey with 2-bedroom data, Chatham ranks #164 from cheapest to most expensive.
Are there cheaper 2-bedroom options near Chatham?
Yes — nearby cities with cheaper 2-bedroom rents include Madison ($2,960), Summit ($2,950), Short Hills ($2,940).