3-Bedroom Rent · August 2026

3-Bedroom Apartment Rent in Chatham, NJ

$3,890/mo

Median asking rent for a 3-bedroom apartment in Chatham, New Jersey as of August 2026. That's +16% higher than the citywide median of $3,362 and +83% above the national 3-bedroom median of $2,130.

3-Bedroom median
$3,890
August 2026
vs city overall
+16%
$3,362 city median
vs national
+83%
$2,130 US median
New Jersey rank
#166
of 176 cities

Income needed for a 3-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 3-bedroom at the current median rent.

Annual income
$155,600
Monthly gross
$12,967
Hourly (full-time)
$74.81

Rent by apartment size in Chatham

Compare Chatham's median rent across every apartment size.

Studio
$2,240
1-Bedroom
$2,550
2-Bedroom
$3,090
3-Bedroom (current)
$3,890
4+ Bedroom
$4,430

Cheapest cities for a 3-bedroom in New Jersey

#City3-Bedroom rent
1Blackwood$1,173
2Camden$1,710
3West Deptford Township$1,770
4Bellmawr$1,780
5Somerdale$1,950
6Burlington Township$2,020
7Passaic$2,020
8Westwood$2,041
9Guttenberg$2,048
10North Plainfield$2,074
11Phillipsburg$2,090
12Vineland$2,090
13Atlantic City$2,120
14Haddonfield$2,120
15Millville$2,120

Most expensive cities for a 3-bedroom in New Jersey

#City3-Bedroom rent
1Hoboken$4,240
2Mount Arlington$4,040
3Morris Plains$4,040
4Livingston$4,040
5East Hanover Township$4,040
6Cedar Knolls$4,040
7Berkeley Heights$4,040
8Morganville$4,000
9Pine Brook$3,930
10South Orange$3,900
11Chatham (this page)$3,890
12Morristown$3,870
13Edgewater$3,830
14Cresskill$3,830
15Madison$3,730

Nearby cities — 3-bedroom rent

Considering nearby alternatives? 5 of these cities have cheaper 3-bedroom rents than Chatham.

CityDistance3-Bedroom rentvs Chatham
Madison, NJ2.4 mi$3,730$-160 (-4%)
Summit, NJ3.3 mi$3,720$-170 (-4%)
Short Hills, NJ5.5 mi$3,700$-190 (-5%)
Westfield, NJ7 mi$3,690$-200 (-5%)
Livingston, NJ7.1 mi$4,040+$150 (+4%)
Cedar Knolls, NJ7.2 mi$4,040+$150 (+4%)
Plainfield, NJ7.6 mi$2,490$-1,400 (-36%)
Warren Township, NJ9.7 mi$3,160$-730 (-19%)
West Orange, NJ11 mi$3,170$-720 (-19%)
Roselle, NJ11.7 mi$2,460$-1,430 (-37%)
Iselin, NJ12.7 mi$2,980$-910 (-23%)
Metuchen, NJ13.1 mi$3,050$-840 (-22%)

3-Bedroom rent in Chatham — common questions

How much is a 3-bedroom apartment in Chatham?

As of August 2026, the median 3-bedroom apartment rent in Chatham, New Jersey is $3,890 per month. This is +16% higher than the citywide median of $3,362.

What income do you need to afford a 3-bedroom in Chatham?

Using the standard 30% rent-to-income rule, you would need an annual income of about $155,600 ($12,967/month gross), which works out to roughly $74.81/hour at a full-time job.

Is Chatham expensive for a 3-bedroom compared to the rest of the US?

Chatham's 3-bedroom median of $3,890 is +83% above the national 3-bedroom median of $2,130. It ranks in the 95th percentile of US cities tracked.

How does Chatham rank for 3-bedroom rent in New Jersey?

Among the 176 cities in New Jersey with 3-bedroom data, Chatham ranks #166 from cheapest to most expensive.

Are there cheaper 3-bedroom options near Chatham?

Yes — nearby cities with cheaper 3-bedroom rents include Madison ($3,730), Summit ($3,720), Short Hills ($3,700).

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Chatham, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (August 2026) and exclude cities with median rent below $400 or above $20,000.