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Best Places to Rent

New Jersey

Average Rent

$2,374

+2.5% YoY

Rent Comparison

44.9% Higher

than national average

Population

9.26 Million

in 2022

The state of New Jersey is comprised of 7 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

$2,911

Population

11,757,573

# of Rentals

7,745

Philadelphia Metro Area

Average Rent

$1,962

Population

6,245,112

# of Rentals

10,157

Northern New Jersey Metro Area

Average Rent

$2,336

Population

2,262,066

# of Rentals

3,488

Lehigh Valley Metro Area

Average Rent

$1,797

Population

873,471

# of Rentals

580

Trenton Metro Area

Average Rent

$2,274

Population

379,405

# of Rentals

553

Atlantic City Metro Area

Average Rent

$1,816

Population

371,186

# of Rentals

138

Vineland Metro Area

Average Rent

$1,428

Population

150,819

# of Rentals

60

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.