The New Jersey rental market
New Jersey tracks median rent across 169 cities, ranging from Millville at $1,461/mo to Margate City at $17,000/mo. The state average of $2,737/mo runs about 42% above the national median of $1,930/mo.
Across New Jersey cities, rents are rising, changing an average of +3.8% over the past year. 176 of 199 tracked cities are priced above the national median, while 23 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 169 tracked cities in New Jersey is $2,737/mo, about 42% above the national median of $1,930/mo.
Which New Jersey city has the highest rent?
Margate City has the highest median rent in New Jersey at $17,000/mo.
Which New Jersey city has the most affordable rent?
Millville is the most affordable tracked city in New Jersey, with a median rent of $1,461/mo.
Are rents rising or falling in New Jersey?
Across New Jersey cities, median rents are rising, changing an average of +3.8% over the past year.
How does New Jersey rent compare to the rest of the country?
176 of 199 tracked New Jersey cities have a median rent above the national median of $1,930/mo, and 23 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.