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Best Places to Rent

New Jersey

Average Rent

$2,386

+1.1% YoY

Rent Comparison

45.4% Higher

than national average

Population

9.58 Million

in 2022

The state of New Jersey is comprised of 8 metropolitan areas with a total population of 9,580,476. Explore New Jersey’s metro areas and compare key metrics.

New York Metro Area

Average Rent

$3,210

Population

11,757,573

# of Rentals

4,668

Philadelphia Metro Area

Average Rent

$1,943

Population

6,356,584

# of Rentals

10,053

Northern New Jersey Metro Area

Average Rent

$2,377

Population

2,262,066

# of Rentals

3,096

Lehigh Valley Metro Area

Average Rent

$1,778

Population

891,762

# of Rentals

507

Trenton Metro Area

Average Rent

$1,964

Population

395,628

# of Rentals

616

Atlantic City Metro Area

Average Rent

$1,794

Population

373,952

# of Rentals

57

Vineland Metro Area

Average Rent

$1,479

Population

156,713

# of Rentals

38

Lakewood-New Brunswick Metro Area

Average Rent

$2,209

Population

--

# of Rentals

2,507

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.