Homes & Apartments for Rent in New Jersey

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What to Know About

Living in New Jersey

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

New Jersey

As of May 2026, New Jersey's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. New Jersey's average rent is 36.5% ($653) higher than the U.S. average of $1,789.

Average Rent
$2,442
Monthly ChangeMonth Over Month Change
Increased0.2% ($6)
Yearly ChangeYear Over Year Change
Increased1% ($23)
Avg. Days on MarketAverage Days on Market
37
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $2,194 Decreased1.4% ($31) Increased1.6% ($34)
2 Beds $2,705 Decreased1.1% ($29) Decreased2.5% ($69)
3 Beds $3,729 Increased3.4% ($123) Decreased11.5% ($485)
Top Markets in New Jersey Average Rent Avg. Rent vs. NJAverage Rent vs. New Jersey Avg. Days on MarketAverage Days on Market
Newark $2,247 Decreased8% ($195) 21 days
Jersey City $2,671 Increased9.4% ($229) 21 days
East Orange $2,170 Decreased11.1% ($272) 26 days
Trenton $2,109 Decreased13.6% ($333) 29 days
Orange $1,890 Decreased22.6% ($552) 26 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
New Jersey Rental Market FAQs

Explore rental prices, market trends, and availability in New Jersey.

The average rent in New Jersey is $2,442 per month.
Homes in New Jersey typically rent for between $1,536 and $4,848 per month, with an average of $2,442 per month.
In New Jersey, the average rent for a 1-bedroom home is $2,194 per month, for a 2-bedroom home, $2,705 per month, and a 3-bedroom home is $3,729 per month.
The average rent in New Jersey is 36.5% ($653) higher than the national average of $1,789 per month.
The average rent in New Jersey has increased by 0.2% ($6) in the last month and increased by 1.0% ($23) over the past year.
The rental market in New Jersey, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In New Jersey, the average rental stays on the market for approximately 37 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
Based on the current averages, a household would need an annual income of $108,200 to comfortably afford a 2-bedroom home in New Jersey.
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