What is the average rent in New Jersey?
The average rent in New Jersey for August 2026 is $1,982, according to the most recent data from ApartmentList - July 31, 2026. The average rent of a 2-bedroom apartment in New Jersey is $2,100. The average rent of a 1-bedroom apartment in New Jersey is $1,692.
Compared to the national average of $1,388, New Jersey rent costs 42.8% more. Read our analysis of rents by state to see how New Jersey ranks.
Here's a look at how average rents have changed over time:
How Does New Jersey Rent Compare To The Rest Of The Country?
| Statistic | NJ | USA | % Difference |
|---|---|---|---|
| Average Rent | $1,982 | $1,388 | 42.8% |
| M-o-M Change | $3 | $3 | 0.0% |
| Y-o-Y Change | $12 | -$15 | -180.0% |
| M-o-M % Change | 0.2% | 0.2% | - |
| Y-o-Y % Change | 0.6% | -1.1% | - |
Median Rent By Bedrooms In New Jersey
As you would expect, the median price for rent in New Jersey increases as the number of bedrooms in the unit increases. 1-Bedroom rent is the cheapest in New Jersey clocking in at $1,692, while a 2-bedroom rental will set you back $2,100 per month.
If you don't mind having roommates, the best option on a per room basis is a 2-bedroom rental for $1,050/room/month.
Read on to find out more or for more on New Jersey check out:
- Best Places To Live In New Jersey
- Cheapest Places To Live In New Jersey
- Most Dangerous Cities In New Jersey
Month Over Month New Jersey Rent Statistics
New Jersey has experienced a $3 change in rent over the past month going from $1,979 to $1,982. That change comes out to 0.2%.
For reference, the US national average rent changed $3 in the past month or 0.2%.
Here's a look at the month over month change for each month since 2017 for New Jersey:
Year Over Year New Jersey Rent Statistics
Over the past year, the average rent in New Jersey changed $12 from $1,970 to $1,982. A change of $12 means that rents changed 0.6% in a year.
That compares to the US national change of -$15 in the past year or -1.1%.
Here's a look at the year over year change by month since 2017 for New Jersey:
The 10 Places With The Highest Rent In New Jersey
Population: 5,435
Median Rent: $3,401
More on Englewood Cliffs: Data | Crime | Cost Of Living | Real Estate
Population: 5,031
Median Rent: $3,367
More on Demarest: Data | Crime | Real Estate
Population: 7,648
Median Rent: $2,897
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Population: 6,874
Median Rent: $2,772
More on Rumson: Data | Crime | Cost Of Living | Real Estate
Population: 8,339
Median Rent: $2,610
More on Upper Saddle River: Data | Crime | Cost Of Living | Real Estate
Population: 10,953
Median Rent: $2,551
More on Franklin Lakes: Data | Crime | Cost Of Living | Real Estate
Population: 11,792
Median Rent: $2,461
More on Florham Park: Data | Crime | Cost Of Living | Real Estate
Population: 12,165
Median Rent: $2,426
More on Edgewater: Data | Crime | Cost Of Living | Real Estate
Population: 5,917
Median Rent: $2,411
More on Little Silver: Data | Crime | Cost Of Living | Real Estate
Population: 5,907
Median Rent: $2,400
More on Roseland: Data | Crime | Cost Of Living | Real Estate
Learn More About Living In New Jersey
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