Average Rent in Newark, NJ Last updated October 2020 The average size for a Newark, NJ apartment is 707 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. New Jersey (NJ) has the 6th highest rent in the country out of 56 states and territories. Find New Jersey car rental deals and discounts on KAYAK. The average monthly energy bill in New Jersey is $102.38, according to the U.S. Energy Information Administration (EIA). For FY 2019, the Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area (Somerset County) rent for a studio or efficiency is $1,148 per month and $2,600 per month to rent a house or an apartment with 4 bedrooms. See the latest prices. Planning a trip to New Jersey ? Here are some additional resources you may also be interested in: RentData.org is an independent organization not affiliated with HUD.GOV or any other government agency. In New Jersey, landlords may increase rent, but may find that they are restricted from increasing it too much. Average rent for the month rose $44 to $1,430. For FY 2020, the Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area (Somerset County) rent … Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area. Bergen County New Jersey Residential Rent and Rental Statistics The median monthly gross residential rent in Bergen County NJ was $1,603 in 2019 according to the Census ACS survey. The average rent for a 1-bedroom apartment apartment in New Jersey City University, NJ is currently $1,394. Verified Source Payment (High to Low) Payment (Low to High) Newest Bedrooms Bathrooms Square Feet Lot Size. The average rent for a 1-bedroom apartment apartment in New Jersey City University, NJ is currently $1,394. Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in New Jersey. How do rental housing prices in Newark,New Jersey impact the overall cost of living? 9. Newark's rental control law is the oldest. Search prices for Alternative Rent A Car, Eagle Rent A Car, National, Payless, Rent-A-Wreck and Value Van And Car. Search 110 Rental Properties in Jersey City, New Jersey matching Basement. 0+ rooms, 2+ guests. 1 Average gross rent in Essex County was $1,238 in 2019.The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. New Jersey (NJ) has the Verified Source Payment (High to Low) Payment (Low to High) Newest Bedrooms Bathrooms Square Feet Lot Size. Rent in Jersey City is, on average, 37.36% lower than in New York. Take in all the great sights that New Jersey has to offer with a rental car from Enterprise Rent-A-Car. Renters tend to be in the minority in the area, and 72% of residents own their homes. This combined with an average income above the national average makes it one of the more affordable markets in the country to rent an apartment. Stretched between Jersey City, Hoboken, Weehawken and all the way up to Edgewater. Just click on any of these 14,780 New Jersey 1 bedroom rentals to get more verified information about availability, neighborhoods, schools, and more. New Jersey after 10 years of residency. In New Jersey, the fastest rental growth was in Trenton, where prices rose 5.6 percent year over year. Healthcare costs make up a significant part of the cost of living.The ability to afford healthcare as well as the ability to access care are key indicators of how much you will be paying for this important resource if you move to another state. This is a 9% decrease compared to the previous year. Its median rent was $1,409, however, which put it 21st among states. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Depending on the type of RV you’re renting for your trip and the time of year, the cost per night can vary. Top Cities. The … Highest Rents. The average cost of rent in New Jersey is $1,465 -- the seventh most expensive in the nation -- and residents would need to earn $28.17 an hour to afford it. In New Jersey, the fastest rental growth was in Trenton, where prices rose 5.6 percent year over year. New Jersey has the fifth-highest income required to afford rent of all the states. New Jersey is ranked number 14 out of all states in overall healthcare access and affordability. On the brighter side, it's a great place to live if you like to experience all four seasons. Search for a car rental location or browse the list below. Atlantic City International Airport Newark Liberty International Airport … Statewide, average prices for apartment rentals are about $800. The average Fair Market Rent for a 2-bedroom home in New Jersey is $1,432 per month. The average voucher holder contributes $400 towards rent in Villas. If you have the money to buy and hold, you could … 1-Bedroom 2-Bedroom; $1064: $1490: Average Monthly Rent in Newark. to $1,746 for a 2-bedroom unit in RentData.org © 2021. Verified Source Payment (High to Low) Payment (Low to High) Newest Bedrooms Bathrooms Square Feet Lot Size. While housing costs are high whether you rent or buy, there is some good financial news in the Garden State. Cost of Utilities in New York. The total number of households is 3,213,362 with 3 people per household on average.The median age of the current population is 42 with 3,722,626 people being married and 3,669,441 being single. List your property. Sort by: Newest. 94 Colona St, Wyckoff, NJ 07481. New Jersey Houses For Rent. With its close proximity to major cities and a ton to do, NJ is a popular place to live. Find Jersey City apartments, condos, town homes, single family homes and much more on Trulia. New Jersey Houses For Rent. Eight cities — Boston, Jersey City, Los Angeles, New York, Oakland, San Diego, San Francisco and San Jose — are in the 10 most expensive markets across all bedroom types One of those cities, San Francisco , is experiencing across-the-board rent decreases Rent contributes to a large part of the overall cost of living in Newark,NJ, I try to economize by having a small apartment. Rent trend data in Jersey City, New Jersey Jersey City Average Rent. $2,995/mo. Find average rent prices for the most popular cities in New Jersey As of October 2020, average rent for an apartment in Vineland, NJ is $904 which is a 30.09% decrease from last year when the average rent was $1176, and a 1.33% decrease from last month when the average rent was $916. As of December 2020, average rent for an apartment in Jersey City, NJ is $2967 which is a 1.04% decrease from last year when the average rent was $2998 , and a 0.1% decrease from last month when the average rent was $2970. Owner log in. … Check in — / — / — Check out — / — / — Guests. Find average rent prices for the most popular cities in New Jersey Find 1 bedroom apartments for rent in Newark, New Jersey by comparing ratings and reviews. Spring Lake Vacation Rentals. $2,400/mo. RENTCafé Sitemap - Browse average rents in New Jersey, by city, ordered alphabetically. It … Average Fair Market Rent Prices in New Jersey: New Jersey (NJ) has the 6th highest rent in the country out of 56 states and territories. And the New Jersey average rent is rising fast in some areas. 2 bds, 1 ba, 936 sqft - House for rent; 1 day on Zillow. New Jersey is a state in United States with a population of 8,881,845. New Jersey (NJ) has the Prices can be higher in big cities, though. Median rent for an average family in every state. Page 3 In Newark, rent control applies to non-owner occupied 1- to 4-unit buildings and all larger older buildings. 94 Colona St, Wyckoff, NJ 07481. Learn more. In Monmouth County, rental properties are being purchased by either former tenants or investors and turned into year-round residences. The perfect 1 bed apartment is easy to find with Apartment Guide. The population in One of the most popular ways to vacation at the Jersey Shore is in a Jersey Shore rental property. Here are some additional resources you may also be interested in: RentData.org is an independent organization not affiliated with HUD.GOV or any other government agency. Page 3 Currency: Sticky Currency Switch to metric measurement units. Hoboken ($3,528/month), Edgewater ($3,180/month) and Weehawken ($3,011/month) are the three most expensive cities for renters and they are the only cities in New Jersey to boast average rents … The demographics of the Jersey Shore are changing. $0. In a state where the minimum wage is $8.44 an hour and the average person makes $17.86 per hour, a New Jersey worker needs to be paid $27.31 an hour to reasonably afford a two-bedroom apartment. Take in all the great sights that New Jersey has to offer with a rental car from Enterprise Rent-A-Car. Apartment rent in Elizabeth has increased by 1.8% in the past year. New Jersey Commercial Leases Another natural extension of New York City is the charming and ever expanding Gold Coast of New Jersey. TRENTON – Governor Phil Murphy today announced that the New Jersey Housing and Mortgage Finance Agency has unanimously voted to suspend rent increases at all eligible properties within the Agency’s portfolio, which includes 36,000 rental units across the state. New Jersey Apartments For Rent. Jersey Shore Rentals. According to Numbeo.com, the average monthly utility bill for a 915 square-foot apartment in Newark, NJ is $233.33. The average Fair Market Rent for a 2-bedroom home in New Jersey is $1,467 per month. New Jersey, whose state's motto is "liberty and … On average, you can expect to pay between $75 - $150 per night for a campervan or a small travel trailer. There are 4,335,930 male residents living in New Jersey and 4,545,915 female residents. Compare Edison, New Jersey to any other place in the USA. $2,995/mo. As of January 2021, the average apartment rent in Elizabeth, NJ is $988 for a studio, $1,176 for one bedroom, $1,494 for two bedrooms, and $1,650 for three bedrooms. RentData.org © 2021. Average rent for the month rose $44 to $1,430. Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area. Check out the photos and floor plans to envision how you’ll make your new one bedroom apartment your own. Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA Average Monthly Rent Statewide in New Jersey. 259 Rea Ave, Hawthorne, NJ 07506. This is a 9% decrease compared to the previous year. How much are average RV rentals in New Jersey? When you're looking at renting a dumpster in Central New Jersey, you have to consider all the variables that will affect local dumpster rental prices. Find your next roommate on SpareRoom. Over the month, Newark added $7 to the average rent to clock in at $1,212/month, while the average rent in Jersey City dropped $11 since September to $2,934/month. $3,051+ 1 bd. 5,439 results. 1 Average gross rent in Bergen County was $1,695 in 2019. A single person estimated monthly costs are 1,080.28$ without rent. Click on a region to view more detailed rent data. More than 100 cities and towns in New Jersey are subject to rent control. Newark; Princeton ; Airport Locations. MAPS OF EDISON, NEW JERSEY. Get started for free. Fair Market Rent is the 40th-percentile of typical rentals in a given region. The current minimum wage is $8.60 an hour. Learn more today. Rooms for rent in New Jersey apartment and house shares – 275 currently available. The Fair Market Rent in New Jersey The average rent for a 1-bedroom apartment apartment in New Jersey Institute of Technology, NJ is currently $1,750. Median home values are$269,800, much lower than other cities in New Jersey. While rent increases in the Garden State were like those across the county, the amount renters are forking over in New Jersey cities is generally higher than the national average. ranges from In Trenton, it’s $136.90 and in Jersey City it’s $178.95. A small town in New Jersey, New Egypt has a population of slightly more than 2,000. Warren County, NJ HUD Metro FMR Area Check out rental market trends in New Jersey. All rights reserved. Find Jersey City apartments, condos, town homes, single family homes and much more on Trulia. Average rent data for New Jersey is not available at this time. ... New Jersey, and New York. In Trenton, rent … 3rd highest rent in the country out of 56 states and territories. Save up to 40%. The town's population, with an average age of just under 37, is younger than most cities in New Jersey. Whether you rent or buy, you’ll have to cover the cost of utilities. … The average rent for an apartment in Newark is $1,233, a 2% increase compared to the previous year. - 7/24/2019 I have lived in New Jersey for 10 years and its has been very tough to get by, high cost of food, High tax, Rent on average … 991 results. New Jersey is around 8,791,894 people. It’s no surprise that San Francisco, CA maintained its number one ranking with a pricey $3,877 average monthly 2019 rent. $1,171 for a 2-bedroom apartment in ranges from These factors would include: How many days you'll need the rental for; The dumpster size you rent; How much it costs to dump at your local landfill or transfer station ; Where in Central Jersey you reside; The trash you plan on … All rights reserved. Edit Range; Meal, Inexpensive Restaurant : 15.00 $ 12.00-21.00: Meal for 2 People, Mid-range Restaurant, Three-course : 60.00 $ 50.00-100.00: McMeal at McDonalds (or … Learn more. The Fair Market Rent in New Jersey ZIP CODES IN EDISON, NEW JERSEY 08817 08820 08837. Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA, Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area. The Fair Market Rent in New Jersey ranges from $1,171 for a 2-bedroom apartment in Warren County, NJ HUD Metro FMR Area to $1,770 for a 2-bedroom unit in Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area. According to Numbeo.com data from May 2019, the average basic utilities package for a 915 square-foot place in New York costs $145.55. And the New Jersey average rent is rising fast in some areas. So, there are around 1,318,784 people in New Jersey who could be receiving housing benefits from the HUD. Rent Trends. Mirroring our 2018 report, Cambridge, MA came in third at $2804. But while the average rent in New Jersey's … $1,000+ Suitability. View Map. With major metro areas such as Newark and Jersey City, along with top attractions including Princeton University, Cape May Beaches and the Hoboken Waterfront; you are sure to have a unique and memorable experience. Find your next apartment in New Jersey on Zillow. Restaurants. Meanwhile, the lowest median rents are land-locked states, which … Sort by: Newest. The average rent for a 1-bedroom apartment apartment in New Jersey Institute of Technology, NJ is currently $1,750. One study found that New Jersey is the most expensive place in the nation to rent two-bedroom apartments. That includes heating, electricity, water and garbage, and is about $7 less than the U.S. average for a month of basic utilities ($152.02). Vacation Rentals ; USA ; New Jersey (NJ) Jersey Shore ; Spring Lake Vacation Rentals; Search. Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in New Jersey. Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area. Studio 1-Bedroom 2-Bedroom; $1238: $1573: $1959: Living in New Jersey Farms and horses fill the land of "The Garden State." Check out rent trends stats for New Jersey's major cities, or at the state level instead. Average apartment rents are$1,396 and the area has some of the best schools in the state. Find Woodland Park apartments, condos, town homes, single family homes and much more on Trulia. It follows that New York City, NY placed second with at $3082. Essex County New Jersey Residential Rent and Rental Statistics. $4,409+ 2 bds; $7,578+ 3 bds; Updated yesterday. 1 mi. Mississippi had the lowest average FICO ® Score of any state at 667, and also had a below-average median rent of $966. Price per night. Price estimates were calculated on October 17, 2020. Over the last 30 days, hotels with weekly rates in New Jersey have been available starting from $47, though prices have typically been closer to $70. Studio 1-Bedroom 2-Bedroom; $1771: $1865: $2317: Average Monthly Rent in Trenton. This is a 5% increase compared to the previous year. 2 bds, 1 ba, 936 sqft - House for rent; 1 day on Zillow. The median monthly gross residential rent in Essex County NJ was $1,233 in 2019 according to the Census ACS survey. On average, Section 8 Housing Choice vouchers pay Villas landlords $900 per month towards rent. Christie's Hunt Estates, 9 New Street, St. Helier, Jersey, JE2 3RA. Search 110 Rental Properties in Jersey City, New Jersey matching Basement. 3 bds, 2 ba,--sqft - House for rent; 1 day on Zillow. Check out rental market trends in New Jersey. The average annual wage in the state is $56,970, so a person making that would fall $25,510 short of being able to comfortably afford rent costs. With its close proximity to major cities and a ton to do, NJ is a popular place to live. 6th highest rent in the country out of 56 states and territories. $2,400/mo. I am single and live in Newark,NJ, I rent a small 1 bedroom and the monthly rent is $943 . Cherry Hill has been hit hard by foreclosures in recent years, however for an investor who buys low and sells high this presents an opportunity. Jersey City Average Rent As of November 2020, average rent for an apartment in Jersey City, NJ is $2970 which is a 1.85% decrease from last year when the average rent was $3025, and a 0.47% decrease from last month when the average rent was $2984. Distance from. Members receive 10 FREE city profile downloads a month, unlimited access to our detailed cost of living … Click on a region to view more detailed rent data. $1,200 for a 2-bedroom apartment in Click to view any of these 13,207 available rental units in to see photos, reviews, floor plans and verified information about schools, neighborhoods, unit availability and more. Approximately 15% of Americans qualify for some level of housing assistance. Summary about cost of living in Jersey City, NJ, United States: Family of four estimated monthly costs are 3,995.30$ without rent (using our estimator) . PREMIUM MEMBERSHIP. Learn more today. Ellipse | 25 Park Ln S, Jersey City, NJ. Landlords may increase rents 5 percent a year for complexes of 49 units or less and 4 percent for units in complexes of 50 units or more. Apartments.com has the most extensive inventory of any apartment search site, with over 149 thousand currently available apartments for rent. The average Fair Market Rent for a 2-bedroom home in New Jersey is $1,432 per month. (If you’re interested in relocating, chat with the real estate experts at our partner Triplemint). Add data for Jersey City, NJ! Click on your region in the list below or on the map to see a more detailed break down of rental prices. Click on your region in the list below or on the map to see a more detailed break down of rental prices. That’s over $9 cheaper than the U.S. average of $111.67. You can trust Apartments.com to find your next New Jersey 2 Bedroom rental. With over a million currently available apartments for rent, you’ll have no trouble finding your next New Jersey 1 bedroom … Average of $ 111.67 and House shares – 275 currently available apartments for rent ; 1 on! 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