Elizabeth, NJ Rent History
70 months of data, 2020–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-06)
$2,255
1-year change
-2.0%
$-47/mo
5-year change
+37.8%
$618/mo
Monthly rent trend
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Year-by-year rent in Elizabeth
| Year | Median rent | YoY change | vs 2020 |
|---|---|---|---|
| 2020 | $1,538/mo | — | 0.0% |
| 2021 | $1,622/mo | +5.5% | +5.5% |
| 2022 | $1,786/mo | +10.1% | +16.1% |
| 2023 | $1,970/mo | +10.3% | +28.1% |
| 2024 | $2,073/mo | +5.2% | +34.8% |
| 2025 | $2,304/mo | +11.1% | +49.8% |
| 2026 | $2,224/mo | -3.5% | +44.6% |
Frequently asked questions
How much has rent in Elizabeth changed since 2020?
Median rent in Elizabeth, NJ was $1,538 in 2020-09 and is $2,255 as of 2026-06 — a change of $717 per month over 6 years.
How much has Elizabeth rent increased in the last 5 years?
Over the past 5 years, median rent in Elizabeth, NJ has changed +37.8% ($618 per month). The current median is $2,255.
Is rent in Elizabeth going up or down year over year?
Year over year, median rent in Elizabeth, NJ has decreased -2.0% ($-47/mo). Current median: $2,255.