Elizabeth, NJ Rent History
73 months of data, 2020–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-09)
$2,230
1-year change
+1.4%
$30/mo
5-year change
+31.3%
$531/mo
Monthly rent trend
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Year-by-year rent in Elizabeth
| Year | Median rent | YoY change | vs 2020 |
|---|---|---|---|
| 2020 | $1,574/mo | — | 0.0% |
| 2021 | $1,638/mo | +4.1% | +4.1% |
| 2022 | $1,810/mo | +10.5% | +15.0% |
| 2023 | $1,985/mo | +9.7% | +26.1% |
| 2024 | $2,071/mo | +4.3% | +31.6% |
| 2025 | $2,228/mo | +7.6% | +41.6% |
| 2026 | $2,214/mo | -0.6% | +40.7% |
Frequently asked questions
How much has rent in Elizabeth changed since 2020?
Median rent in Elizabeth, NJ was $1,574 in 2020-09 and is $2,230 as of 2026-09 — a change of $656 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 +31.3% ($531 per month). The current median is $2,230.
Is rent in Elizabeth going up or down year over year?
Year over year, median rent in Elizabeth, NJ has increased +1.4% ($30/mo). Current median: $2,230.