New Jersey is known for its beaches along the Jersey Shore to some of the most iconic landmarks in the nation, such as the Liberty Bell, the Statue of Liberty, and Ellis Island. From the bustling streets of Newark to the picturesque shorelines of Cape May, New Jersey is a state unlike any other. Discover its dynamic culture and rich heritage by visiting iconic landmarks like Liberty State Park and the Ellis Island National Museum of Immigration. And for those seeking knowledge, New Jersey is home to renowned universities like Rutgers University and Princeton University.

Whether you're an outdoor enthusiast or a sports fan, New Jersey has plenty to offer, including the New York Giants (NFL), New York Jets (NFL), New Jersey Devils (NHL), and the New Jersey Nets (NBA). Enjoy the beautiful coastline by fishing, surfing, or sailing, and hit the slopes of nearby mountains. Make sure to visit famous attractions like the Atlantic City Boardwalk, the Camden Waterfront, and the historic town of Cape May.

A state that never stops moving, New Jersey is a melting pot of cultures, experiences, and opportunities waiting to be experienced, making it a great place to call home.

Rental Market Trends

Carteret, NJ

As of July 2025, Carteret's rental market is balanced, with an even mix of renter demand and available inventory leading to typical leasing times. Carteret's average rent is 1.9% ($46) higher than the New Jersey average of $2,461 and 41.2% ($732) higher than the U.S. average of $1,775.

Average Rent

$2,507

Monthly ChangeMonth Over Month Change

1.5% ($39)

Yearly ChangeYear Over Year Change

1.3% ($33)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$2,150	9.4% ($185)	8.2% ($163)
2 Beds	$2,561	0.6% ($15)	1% ($25)
3 Beds	$3,847	3% ($117)	2.6% ($96)

Nearby Cities	Average Rent	Avg. Rent vs. CarteretAverage Rent vs. Carteret	Avg. Days on MarketAverage Days on Market
Linden	$2,244	10.5% ($263)	48 days
Rahway	$2,508	0% ($1)	47 days
Woodbridge	$2,622	4.6% ($115)	51 days
Iselin	$2,357	6% ($150)	56 days
Roselle	$1,491	40.5% ($1016)	49 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Carteret Rental Market FAQs

Explore rental prices, market trends, and availability in Carteret, NJ.

What is the average rent in Carteret, NJ?

The average rent in Carteret, NJ is $2,507 per month.

What is the rental price range for homes in Carteret, NJ?

Homes in Carteret typically rent for between $1,505 and $5,001 per month, with an average of $2,507 per month.

What is the average rent for different bedroom sizes in Carteret, NJ?

In Carteret, the average rent for a 1-bedroom home is $2,150 per month, for a 2-bedroom home, $2,561 per month, and a 3-bedroom home is $3,847 per month.

How do rent prices in Carteret, NJ compare with the national average?

The average rent in Carteret is 41.2% ($732) higher than the national average of $1,775 per month.

How have rent prices in Carteret, NJ changed recently?

The average rent in Carteret has decreased by 1.5% ($39) in the last month and increased by 1.3% ($33) over the past year.

How competitive is the rental market in Carteret, NJ?

The rental market in Carteret, NJ, is currently balanced, with an even mix of renter demand and available inventory leading to typical leasing times.

How long do rentals stay on the market in Carteret, NJ?

In Carteret, NJ, the average rental stays on the market for approximately 52 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Carteret, NJ?

There is currently 1 rental property available in Carteret, NJ.

Can I afford to rent a home in Carteret, NJ?

Based on the current averages, a household would need an annual income of $102,440 to comfortably afford a 2-bedroom home in Carteret.