Studio Apartment Rent in Summit, NJ
Median asking rent for a studio apartment in Summit, New Jersey as of August 2026. That's +29% lower than the citywide median of $3,025 and +66% above the national studio median of $1,290.
Income needed for a studio in Summit
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 studio at the current median rent.
Rent by apartment size in Summit
Compare Summit's median rent across every apartment size.
Cheapest cities for a studio in New Jersey
| # | City | Studio rent |
|---|---|---|
| 1 | Clementon | $862 |
| 2 | Camden | $1,080 |
| 3 | Atlantic City | $1,090 |
| 4 | Pleasantville | $1,120 |
| 5 | West Deptford Township | $1,120 |
| 6 | Bellmawr | $1,130 |
| 7 | Vineland | $1,170 |
| 8 | Millville | $1,180 |
| 9 | Seaside Heights | $1,210 |
| 10 | Lakewood | $1,230 |
| 11 | Passaic | $1,230 |
| 12 | Somerdale | $1,230 |
| 13 | Belmar | $1,240 |
| 14 | Guttenberg | $1,271 |
| 15 | Burlington Township | $1,280 |
Most expensive cities for a studio in New Jersey
| # | City | Studio rent |
|---|---|---|
| 1 | Hoboken | $3,000 |
| 2 | Secaucus | $2,560 |
| 3 | Weehawken | $2,430 |
| 4 | Edgewater | $2,340 |
| 5 | Cresskill | $2,340 |
| 6 | Mount Arlington | $2,330 |
| 7 | Morris Plains | $2,330 |
| 8 | Livingston | $2,330 |
| 9 | East Hanover Township | $2,330 |
| 10 | Cedar Knolls | $2,330 |
| 11 | Berkeley Heights | $2,330 |
| 12 | Pine Brook | $2,260 |
| 13 | South Orange | $2,250 |
| 14 | Chatham | $2,240 |
| 15 | Morristown | $2,230 |
Nearby cities — studio rent
Considering nearby alternatives? 5 of these cities have cheaper studio rents than Summit.
| City | Distance | Studio rent | vs Summit |
|---|---|---|---|
| Short Hills, NJ | 2.9 mi | $2,130 | $-10 (0%) |
| Westfield, NJ | 4.6 mi | $2,120 | $-20 (-1%) |
| Madison, NJ | 4.8 mi | $2,150 | +$10 (0%) |
| Livingston, NJ | 5.5 mi | $2,330 | +$190 (+9%) |
| Plainfield, NJ | 7.8 mi | $1,450 | $-690 (-32%) |
| West Orange, NJ | 8.5 mi | $1,830 | $-310 (-14%) |
| Roselle, NJ | 8.5 mi | $1,410 | $-730 (-34%) |
| Cedar Knolls, NJ | 9.6 mi | $2,330 | +$190 (+9%) |
| Iselin, NJ | 10.6 mi | $1,750 | $-390 (-18%) |
| Metuchen, NJ | 11.9 mi | $1,790 | $-350 (-16%) |
| Warren Township, NJ | 11.9 mi | $1,850 | $-290 (-14%) |
| Montclair, NJ | 12.2 mi | $1,980 | $-160 (-7%) |
Studio rent in Summit — common questions
How much is a studio apartment in Summit?
As of August 2026, the median studio apartment rent in Summit, New Jersey is $2,140 per month. This is +29% below the citywide median of $3,025.
What income do you need to afford a studio in Summit?
Using the standard 30% rent-to-income rule, you would need an annual income of about $85,600 ($7,133/month gross), which works out to roughly $41.15/hour at a full-time job.
Is Summit expensive for a studio compared to the rest of the US?
Summit's studio median of $2,140 is +66% above the national studio median of $1,290. It ranks in the 92th percentile of US cities tracked.
How does Summit rank for studio rent in New Jersey?
Among the 175 cities in New Jersey with studio data, Summit ranks #157 from cheapest to most expensive.
Are there cheaper studio options near Summit?
Yes — nearby cities with cheaper studio rents include Short Hills ($2,130), Westfield ($2,120), Plainfield ($1,450).