Homes & Apartments for Rent in 07201

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What to Know About

Life in Elizabeth & Beyond

Elizabeth shares many of the great qualities that make New Jersey a desirable place to live.

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

Elizabeth, NJ

As of June 2026, Elizabeth's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Elizabeth's average rent is 1.6% ($38) lower than the New Jersey average of $2,449 and 34.2% ($614) higher than the U.S. average of $1,797.

Average Rent
$2,411
Monthly ChangeMonth Over Month Change
Increased0.2% ($5)
Yearly ChangeYear Over Year Change
Decreased2.2% ($55)
Avg. Days on MarketAverage Days on Market
47
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $2,067 Increased3.1% ($62) Decreased14.8% ($358)
2 Beds $2,571 Decreased0.2% ($6) Decreased7% ($194)
3 Beds $3,461 Decreased2.6% ($92) Decreased19.6% ($844)
Nearby Cities Average Rent Avg. Rent vs. ElizabethAverage Rent vs. Elizabeth Avg. Days on MarketAverage Days on Market
Elizabethport $2,277 Decreased5.6% ($134) 47 days
Hillside $2,126 Decreased11.8% ($285) 47 days
Roselle $2,319 Decreased3.8% ($92) 49 days
Roselle Park $2,441 Increased1.2% ($30) 49 days
Union $2,321 Decreased3.7% ($90) 43 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Elizabeth Rental Market FAQs

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

The average rent in Elizabeth, NJ is $2,411 per month.
Homes in Elizabeth typically rent for between $1,447 and $4,499 per month, with an average of $2,411 per month.
In Elizabeth, the average rent for a 1-bedroom home is $2,067 per month, for a 2-bedroom home, $2,571 per month, and a 3-bedroom home is $3,461 per month.
The average rent in Elizabeth is 34.2% ($614) higher than the national average of $1,797 per month.
The average rent in Elizabeth has increased by 0.2% ($5) in the last month and decreased by 2.2% ($55) over the past year.
The rental market in Elizabeth, NJ, is currently stable, offering a predictable rental market where most units lease within a few weeks.
In Elizabeth, NJ, the average rental stays on the market for approximately 47 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 23 rental properties available in Elizabeth, NJ.
Based on the current averages, a household would need an annual income of $102,840 to comfortably afford a 2-bedroom home in Elizabeth.
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