The New Jersey rental market
New Jersey tracks median rent across 183 cities, ranging from Collingswood at $1,588/mo to Short Hills at $6,896/mo. The state average of $2,689/mo runs about 37% above the national median of $1,962/mo.
Across New Jersey cities, rents are rising, changing an average of +3.0% over the past year. 182 of 199 tracked cities are priced above the national median, while 17 fall below it. The largest rental markets are Newark, Jersey City, Paterson.
New Jersey rent questions
What is the average rent in New Jersey?
The average median rent across 183 tracked cities in New Jersey is $2,689/mo, about 37% above the national median of $1,962/mo.
Which New Jersey city has the highest rent?
Short Hills has the highest median rent in New Jersey at $6,896/mo.
Which New Jersey city has the most affordable rent?
Collingswood is the most affordable tracked city in New Jersey, with a median rent of $1,588/mo.
Are rents rising or falling in New Jersey?
Across New Jersey cities, median rents are rising, changing an average of +3.0% over the past year.
How does New Jersey rent compare to the rest of the country?
182 of 199 tracked New Jersey cities have a median rent above the national median of $1,962/mo, and 17 fall below it.
What are the largest rental markets in New Jersey?
By population, the largest rental markets in New Jersey are Newark, Jersey City, Paterson. Each has its own rent data, trends, and ZIP-level breakdowns on RentDataNow.