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Best Places to Rent

New Jersey

Average Rent

$2,283

+1.3% YoY

Rent Comparison

40.5% Higher

than national average

Population

9.26 Million

in 2022

The state of New Jersey is comprised of 8 metropolitan areas with a total population of 9,255,729. Explore New Jersey’s metro areas and compare key metrics.

New York Metro Area

Average Rent

$3,064

Population

11,757,573

# of Rentals

4,762

Philadelphia Metro Area

Average Rent

$1,888

Population

6,245,112

# of Rentals

10,118

Northern New Jersey Metro Area

Average Rent

$2,327

Population

2,262,066

# of Rentals

3,160

Lehigh Valley Metro Area

Average Rent

$1,701

Population

873,471

# of Rentals

579

Trenton Metro Area

Average Rent

$1,847

Population

379,405

# of Rentals

698

Atlantic City Metro Area

Average Rent

$1,679

Population

371,186

# of Rentals

170

Vineland Metro Area

Average Rent

$1,436

Population

150,819

# of Rentals

76

Lakewood-New Brunswick Metro Area

Average Rent

$2,136

Population

--

# of Rentals

3,134

Average Rent is calculated by averaging the monthly rent of 1 bedroom apartments.

Other States

This information is based on data collected by CoStar Group researchers.