Property prices for rent in New Jersey region

The average rent price in the New Jersey region has had an strong rise in recent months. There has been a strong rise in the rent prices in this region.

$2,179.17
Average price last 6 months
$14.78
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in New Jersey has risen considerably in the last 6 months. During April, the average price per sq.feet was $2.39. The following month (May) the price had a considerable rise reaching $54.47 per sq.feet. The following two months (June, July) went through a considerable fall of 39 % in the rent price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has had a significant fall of 25 %. This has been obtained by comparing the price of $19.71 for the first four months of the sample with regard to the previous 4 months and the price of $4.91 per sq.feet for the last two months (August, September).

Average price

When referring to the price in New Jersey(region), there have hardly been any changes in the last 6 months. April has an average price of $2,103. During Maythe price had a slight fall till $1,966. The average price for the following two months (June, July) rose from $2,034.5 to $2,190.5. During the last two months the price has gone up 109 % compared to the previous average values going from $2,112.5 a $2,312.5 in August y September.

Average price per bedrooms

The graph displaying the the average rent price per number of bedrooms shows that those with 1 bedroom are the most affordable ones. They are 13 % cheaper than the average price in New Jersey followed by those with 2 with an average price of $2,395. The most expensive properties have 4 bedrooms. They are 41 % more expensive than the average followed by those properties with 3 bedrooms priced at $2,589.

Based on the average price per sq.feet those properties with 2 bedrooms are the most expensive ones with a price of $2.41 / sq.feet being $2.37 / sq.feet the average for New Jersey. The properties with the highest average price are those with 4 bedrooms. These are 529 % more expensive than the average followed by those with 3 bedrooms with a price of $3.06 / sq.feet.

Price per property type

The graph displaying the average rent price according to the property type shows "Apartment" as the most affordable one. With an average cost of $2,270 it is 27 % cheaper than the average in New Jersey. This is followed by "Commercial" with a cost of $1,857. The most expensive property type is "Condo" and is 7 % more costly than the average, followed by "House" with a cost of $2,145.

Based upon the average cost per sq.feet the most affordable property type is "Land with a an average price of $2.35 / sq.feet, followed by "House" with a price of $2.59 / sq.feet. "Commercial" with an average price of $102.58 / sq.feet is the most expensive type of property followed by "Condo" at a price of $78.01 / sq.feet.

Charts data
Average price September
Average price per sq.feet September
Number of properties used in region New Jersey
$2,270
$2.37
91,094
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
2 Bed, 2 Bath New Home Plan In Florham Park, Nj
 24
2 Bed, 2 Bath New Home Plan In Florham Park, Nj
$489,990
Florham Park, New Jersey - For Sale - Condo - 1,570 sq.feet - 2 bedrooms - 2 bathrooms
This to-be-built home is the emerson plan by del webb, and is located in the community of the del webb florham park. Special offer!: 2,000 for our hometown...
2 Bed, 2 Bath New Home Plan In Florham Park, Nj
 22
2 Bed, 2 Bath New Home Plan In Florham Park, Nj
$499,990
Florham Park, New Jersey - For Sale - Condo - 1,604 sq.feet - 2 bedrooms - 2 bathrooms
This to-be-built home is the arcola plan by del webb, and is located in the community of the del webb florham park. Special offer!: 2,000 for our hometown...
2 Bed, 2 Bath New Home Plan In Florham Park, Nj
 23
2 Bed, 2 Bath New Home Plan In Florham Park, Nj
$509,990
Florham Park, New Jersey - For Sale - Condo - 1,743 sq.feet - 2 bedrooms - 2 bathrooms
This to-be-built home is the brooklake plan by del webb, and is located in the community of the del webb florham park. Special offer!: 2,000 for our hometown...
Brand New Home In Barnegat Township, Nj. 2 Bed, 2 Bath
 22
Brand New Home In Barnegat Township, Nj. 2 Bed, 2 Bath
$419,900
New Jersey - For Sale - House - 1,936 sq.feet - 2 bedrooms - 2 bathrooms
This new construction, quick delivery home is the barnegat plan by lennar, and is located in the community of the venue at lighthouse station,active adult at...
Brand New Home In Florham Park, Nj. 3 Bed, 2 Bath
 15
Brand New Home In Florham Park, Nj. 3 Bed, 2 Bath
$733,546
Florham Park, New Jersey - For Sale - House - 2,145 sq.feet - 3 bedrooms - 3 bathrooms
This new construction, quick delivery home is the milan plan by del webb, and is located in the community of the del webb florham park at 9 cunningham drive,...
Modera 44 1 Bedroom Apartment For Rent At 44 Prospect St, Morristown, Nj 07960
 20
Modera 44 1 Bedroom Apartment For Rent At 44 Prospect St, Morristown, Nj 07960
$1,958$2,380
Morristown, New Jersey - For Rent - Apartment - 1 bedroom - 1 bathroom
To the city you go to the new jersey transit station a half mile away which gets you... Elements of new england architecture and then turn that concept inside-out on the inside...
Avalon Somerset 2 Bedroom Apartment For Rent At 500 Bristol Blvd, Somerset, Nj 08873
 20
Avalon Somerset 2 Bedroom Apartment For Rent At 500 Bristol Blvd, Somerset, Nj 08873
$2,435
Somerset, New Jersey - For Rent - Apartment - 1,186 sq.feet - 2 bedrooms - 2 bathrooms
Well-located in central new jersey’s desirable somerset county, avalon somerset is a community of 384 brand new studio, one-, two- and three-bedroom apartments and town...
Avalon Somerset 2 Bedroom Apartment For Rent At 500 Bristol Blvd, Somerset, Nj 08873
 20
Avalon Somerset 2 Bedroom Apartment For Rent At 500 Bristol Blvd, Somerset, Nj 08873
$2,540
Somerset, New Jersey - For Rent - Apartment - 1,281 sq.feet - 2 bedrooms - 2 bathrooms
Well-located in central new jersey’s desirable somerset county, avalon somerset is a community of 384 brand new studio, one-, two- and three-bedroom apartments and town...
Avalon Somerset 2 Bedroom Apartment For Rent At 500 Bristol Blvd, Somerset, Nj 08873
 20
Avalon Somerset 2 Bedroom Apartment For Rent At 500 Bristol Blvd, Somerset, Nj 08873
$2,645
Somerset, New Jersey - For Rent - Apartment - 1,457 sq.feet - 2 bedrooms - 2 bathrooms
Well-located in central new jersey’s desirable somerset county, avalon somerset is a community of 384 brand new studio, one-, two- and three-bedroom apartments and town...
Avalon Piscataway 1 Bedroom Apartment For Rent At 340 Stelton Road, Piscataway Township, N...
 20
Avalon Piscataway 1 Bedroom Apartment For Rent At 340 Stelton Road, Piscataway Township, N...
$2,140$2,145
New Jersey - For Rent - Apartment - 929 sq.feet - 1 bedroom - 1 bathroom
Roadways including i-287, route 18, the new jersey turnpike, and the garden state... Avalon piscataway features brand new, studio, 1, 2, and 3 bedroom piscataway...