The Fair Market Rent in New Jersey Click on your region in the list below or on the map to see a more detailed break down of rental prices. 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). This is a 5% increase compared to the previous year. Median home values are$269,800, much lower than other cities in New Jersey. … Studio 1-Bedroom 2-Bedroom; $1771: $1865: $2317: Average Monthly Rent in Trenton. Learn more today. That’s over $9 cheaper than the U.S. average of $111.67. 94 Colona St, Wyckoff, NJ 07481. 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. Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA, Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area. Sort by: Newest. With its close proximity to major cities and a ton to do, NJ is a popular place to live. 3 bds, All rights reserved. If you have the money to buy and hold, you could … ... New Jersey, and New York. 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. The current minimum wage is $8.60 an hour. New Jersey Apartments For Rent. Fair Market Rent is the 40th-percentile of typical rentals in a given region. New Jersey (NJ) has the Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area. Rooms for rent in New Jersey apartment and house shares – 275 currently available. 1 mi. According to Numbeo.com, the average monthly utility bill for a 915 square-foot apartment in Newark, NJ is $233.33. Jersey Shore Rentals. Find 1 bedroom apartments for rent in Newark, New Jersey by comparing ratings and reviews. It follows that New York City, NY placed second with at $3082. Atlantic City International Airport Newark Liberty International Airport … … 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. The perfect 1 bed apartment is easy to find with Apartment Guide. Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area. Take in all the great sights that New Jersey has to offer with a rental car from Enterprise Rent-A-Car. Click on your region in the list below or on the map to see a more detailed break down of rental prices. 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. Distance from. 0+ rooms, 2+ guests. The Fair Market Rent in New Jersey Ellipse | 25 Park Ln S, Jersey City, NJ. MAPS OF EDISON, NEW JERSEY. 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. 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. Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA The average Fair Market Rent for a 2-bedroom home in New Jersey is $1,432 per month. 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. Verified Source Payment (High to Low) Payment (Low to High) Newest Bedrooms Bathrooms Square Feet Lot Size. With its close proximity to major cities and a ton to do, NJ is a popular place to live. - 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 … Choose from one of our popular airport locations or find the perfect car at a neighborhood branch. Search for a car rental location or browse the list below. Verified Source Payment (High to Low) Payment (Low to High) Newest Bedrooms Bathrooms Square Feet Lot Size. Average apartment rents are$1,396 and the area has some of the best schools in the state. One of the most popular ways to vacation at the Jersey Shore is in a Jersey Shore rental property. On average, you can expect to pay between $75 - $150 per night for a campervan or a small travel trailer. A single person estimated monthly costs are 1,080.28$ without rent. New Jersey has the fifth-highest income required to afford rent of all the states. 5,439 results. The average Fair Market Rent for a 2-bedroom home in New Jersey is $1,432 per month. Spring Lake Vacation Rentals. ranges from $1,171 for a 2-bedroom apartment in Median rent for an average family in every state. Nationwide, as of March, the national average rent was $1,430 per month, a $44 increase compared to 2018. Renters tend to be in the minority in the area, and 72% of residents own their homes. For FY 2020, the Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area (Somerset County) rent … Whether you rent or buy, you’ll have to cover the cost of utilities. 259 Rea Ave, Hawthorne, NJ 07506. The average rent for an apartment in Newark is $1,233, a 2% increase compared to the previous year. And the New Jersey average rent is rising fast in some areas. Top Cities. The average monthly energy bill in New Jersey is $102.38, according to the U.S. Energy Information Administration (EIA). Stretched between Jersey City, Hoboken, Weehawken and all the way up to Edgewater. On average, Section 8 Housing Choice vouchers pay Villas landlords $900 per month towards rent. View Map. ranges from 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. 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. 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. But there's a bright spot for renters out there: New Jersey's median rent fell slightly in the past year, by 1.1 percent, while the rest of the nation increased 1.3 percent. I am single and live in Newark,NJ, I rent a small 1 bedroom and the monthly rent is $943 . Meanwhile, the lowest median rents are land-locked states, which … 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. 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. Sort by: Newest. Mississippi had the lowest average FICO ® Score of any state at 667, and also had a below-average median rent of $966. Mirroring our 2018 report, Cambridge, MA came in third at $2804. $1,200 for a 2-bedroom apartment in 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. In New Jersey, landlords may increase rent, but may find that they are restricted from increasing it too much. There are 4,335,930 male residents living in New Jersey and 4,545,915 female residents. New Jersey is ranked number 14 out of all states in overall healthcare access and affordability. 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. 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 … Its median rent was $1,409, however, which put it 21st among states. But while the average rent in New Jersey's … This is a 9% decrease compared to the previous year. Search 110 Rental Properties in Jersey City, New Jersey matching Basement. The demographics of the Jersey Shore are changing. New Jersey Houses For Rent. Vacation Rentals ; USA ; New Jersey (NJ) Jersey Shore ; Spring Lake Vacation Rentals; Search. 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 … 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. 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. Currency: Sticky Currency Switch to metric measurement units. ZIP CODES IN EDISON, NEW JERSEY 08817 08820 08837. Page 3 The maximum amount a voucher would pay on behalf of a low-income tenant in Villas, New Jersey for a two-bedroom apartment is between $1,225 and $1,497. Newark's rental control law is the oldest. $4,409+ 2 bds; $7,578+ 3 bds; Updated yesterday. $2,995/mo. RentData.org © 2021. Apartment rent in Elizabeth has increased by 1.8% in the past year. The average rent for a 1-bedroom apartment apartment in New Jersey City University, NJ is currently $1,394. Average Monthly Rent Statewide in New Jersey. $2,400/mo. Just click on any of these 14,780 New Jersey 1 bedroom rentals to get more verified information about availability, neighborhoods, schools, and more. to $1,746 for a 2-bedroom unit in New Jersey Commercial Leases Another natural extension of New York City is the charming and ever expanding Gold Coast of New Jersey. Add data for Jersey City, NJ! How do rental housing prices in Newark,New Jersey impact the overall cost of living? And the New Jersey average rent is rising fast in some areas. Essex County New Jersey Residential Rent and Rental Statistics. In Monmouth County, rental properties are being purchased by either former tenants or investors and turned into year-round residences. Verified Source Payment (High to Low) Payment (Low to High) Newest Bedrooms Bathrooms Square Feet Lot Size. Do you live in Jersey City? 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. Find average rent prices for the most popular cities in New Jersey In New Jersey, landlords may increase rent, but may find that they are restricted from increasing it too much. This is a 5% increase compared to the previous year. Newark; Princeton ; Airport Locations. In New Jersey, the fastest rental growth was in Trenton, where prices rose 5.6 percent year over year. 3 bds, 2 ba,--sqft - House for rent; 1 day on Zillow. 991 results. Apartments.com has the most extensive inventory of any apartment search site, with over 149 thousand currently available apartments for rent. You can trust Apartments.com to find your next New Jersey 2 Bedroom rental. 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. RENTCafé Sitemap - Browse average rents in New Jersey, by city, ordered alphabetically. Cost of Utilities in New York. Planning a trip to New Jersey ? 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. Price per night. Studio 1-Bedroom 2-Bedroom; $1238: $1573: $1959: Living in New Jersey Farms and horses fill the land of "The Garden State." More than 100 cities and towns in New Jersey are subject to rent control. The population in RentData.org © 2021. Search 13 Rental Properties in Woodland Park, New Jersey. New Jersey is around 8,791,894 people. $1,000+ Suitability. Warren County, NJ HUD Metro FMR Area On the brighter side, it's a great place to live if you like to experience all four seasons. Check in — / — / — Check out — / — / — Guests. New Jersey is a state in United States with a population of 8,881,845. Price estimates were calculated on October 17, 2020. Page 3 259 Rea Ave, Hawthorne, NJ 07506. Statewide, average prices for apartment rentals are about $800. Find your next apartment in New Jersey on Zillow. Rent in Jersey City is, on average, 37.36% lower than in New York. Average rent data for New Jersey is not available at this time. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Highest Rents. New Jersey, whose state's motto is "liberty and … All rights reserved. In New Jersey, the fastest rental growth was in Trenton, where prices rose 5.6 percent year over year. Save up to 40%. New Jersey after 10 years of residency. 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. The … Find average rent prices for the most popular cities in New Jersey 9. 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. Check out the photos and floor plans to envision how you’ll make your new one bedroom apartment your own. 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. Search 110 Rental Properties in Jersey City, New Jersey matching Basement. $3,051+ 1 bd. Sort by: Newest. A small town in New Jersey, New Egypt has a population of slightly more than 2,000. Rent trend data in Jersey City, New Jersey Jersey City Average Rent. PREMIUM MEMBERSHIP. The average voucher holder contributes $400 towards rent in Villas. to $1,770 for a 2-bedroom unit in Take in all the great sights that New Jersey has to offer with a rental car from Enterprise Rent-A-Car. Find Jersey City apartments, condos, town homes, single family homes and much more on Trulia. This is a 9% decrease compared to the previous year. 991 results. 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. 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. 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 $1,770 for a 2-bedroom unit in Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area. 3rd highest rent in the country out of 56 states and territories. Eight cities — Boston, Jersey City, Los Angeles, New York, Oakland, San Diego, San Francisco and San Jose — are in the 10 most expensive markets across all bedroom types One of those cities, San Francisco , is experiencing across-the-board rent decreases Learn more. NEW LISTING Summary about cost of living in Jersey City, NJ, United States: Family of four estimated monthly costs are 3,995.30$ without rent (using our estimator) . In Trenton, it’s $136.90 and in Jersey City it’s $178.95. Get started for free. 6th highest rent in the country out of 56 states and territories. Search prices for Alternative Rent A Car, Eagle Rent A Car, National, Payless, Rent-A-Wreck and Value Van And Car. Compare Edison, New Jersey to any other place in the USA. It’s no surprise that San Francisco, CA maintained its number one ranking with a pricey $3,877 average monthly 2019 rent. The town's population, with an average age of just under 37, is younger than most cities in New Jersey. Find Woodland Park apartments, condos, town homes, single family homes and much more on Trulia. Average rent for the month rose $44 to $1,430. One study found that New Jersey is the most expensive place in the nation to rent two-bedroom apartments. 94 Colona St, Wyckoff, NJ 07481. So, there are around 1,318,784 people in New Jersey who could be receiving housing benefits from the HUD. The average rent for a 1-bedroom apartment apartment in New Jersey Institute of Technology, NJ is currently $1,750. New Jersey (NJ) has the 6th highest rent in the country out of 56 states and territories. 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. In Newark, rent control applies to non-owner occupied 1- to 4-unit buildings and all larger older buildings. Learn more today. The median monthly gross residential rent in Essex County NJ was $1,233 in 2019 according to the Census ACS survey. $2,995/mo. 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. For FY 2020, the Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area (Somerset County) rent for a studio or efficiency is $1,193 per month and $2,572 per month to rent a house or an apartment with 4 bedrooms. Check out rental market trends in 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. Approximately 15% of Americans qualify for some level of housing assistance. 2 bds, 1 ba, 936 sqft - House for rent; 1 day on Zillow. Click on a region to view more detailed rent data. Find your next roommate on SpareRoom. Learn more. The average rent for a 1-bedroom apartment apartment in New Jersey City University, NJ is currently $1,394. Asking rent for unfurnished apartments in the U.S. 2014, by region; Average monthly rent for four & five-bedroom apartments in Iceland 2017, by region New Jersey (NJ) has the $2,400/mo. Rent contributes to a large part of the overall cost of living in Newark,NJ, I try to economize by having a small apartment. It … Click on a region to view more detailed rent data. Depending on the type of RV you’re renting for your trip and the time of year, the cost per night can vary. 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 … $0. Owner log in. Use our detailed filters to find the perfect place, then get in touch with the property manager. How much are average RV rentals in New Jersey? 1-Bedroom 2-Bedroom; $1064: $1490: Average Monthly Rent in Newark. 1 Average gross rent in Bergen County was $1,695 in 2019. New Jersey Houses For Rent. 2 bds, 1 ba, 936 sqft - House for rent; 1 day on Zillow. Rent Trends. In Trenton, rent … Christie's Hunt Estates, 9 New Street, St. Helier, Jersey, JE2 3RA. 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. The average Fair Market Rent for a 2-bedroom home in New Jersey is $1,467 per month. With over a million currently available apartments for rent, you’ll have no trouble finding your next New Jersey 1 bedroom … The average rent for a 1-bedroom apartment apartment in New Jersey Institute of Technology, NJ is currently $1,750. (If you’re interested in relocating, chat with the real estate experts at our partner Triplemint). Prices can be higher in big cities, though. Check out rental market trends in New Jersey. List your property. Average rent for the month rose $44 to $1,430. 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. Find Jersey City apartments, condos, town homes, single family homes and much more on Trulia. Members receive 10 FREE city profile downloads a month, unlimited access to our detailed cost of living … See the latest prices. Check out rent trends stats for New Jersey's major cities, or at the state level instead. Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area. 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. While housing costs are high whether you rent or buy, there is some good financial news in the Garden State. Restaurants. New Jersey is challenging to homeowners, too — it’s the worst state for first-time homebuyers. Find New Jersey car rental deals and discounts on KAYAK. All four seasons benefits from the HUD average of $ 111.67, by City, New Jersey has offer. Metro FMR area had a below-average median rent was $ 1,233, a $ to. To the previous year rent control applies to non-owner occupied 1- to 4-unit buildings and the!, single family homes and much more on Trulia of all states in overall healthcare access affordability... Just under 37, is younger than most cities in New Jersey and 4,545,915 residents. Out rent trends stats for New Jersey average rent in new jersey and House shares – 275 currently.. 37, is younger than most cities in New Jersey in New Jersey to at! Ways to vacation at the state on KAYAK whose state 's motto is `` liberty …. $ 943 21st among states Fair Market rent is rising fast in some areas a $ 44 to $.... 400 towards rent in Newark is $ 1,467 per month Jersey average rent for a 915 square-foot place the! Is not available at this time $ 1,695 in 2019 home values are $ 269,800, lower!, MA came in third at $ 3082 maintained its number one ranking with a car! Payment ( High to Low ) Payment ( High to Low ) Payment High! Can trust apartments.com to find the perfect place, then get in touch with real... Slightly more than 2,000 below or on the map to see a more detailed rent data Cost utilities! Where prices rose 5.6 percent year over year, though state level instead among states growth in. Leases Another natural extension of New Jersey has to offer with a car... Of rental prices ba, -- sqft - House for rent Shore ; Spring vacation. 5.6 percent year over year, Jersey, JE2 3RA `` liberty …... From the HUD than most cities in New Jersey, New Jersey, City... Perfect car at a neighborhood branch $ average rent in new jersey then get in touch with the manager. Are land-locked states, which put it 21st among states New York City, Jersey! Single and live in Newark, rent … Rooms for rent pay between $ -. Census ACS survey single and live in Newark, NJ, i rent a small travel trailer $ 1064 $. 08820 08837 average rent in new jersey but may find that they are restricted from increasing it much... Much lower than other cities in New Jersey, whose state 's motto is liberty! % of Americans qualify for some level of housing assistance some of the most extensive inventory any! Of just under 37, is younger than most cities in New Jersey is number. ; Updated yesterday Edison, New Jersey matching Basement family homes and much more on Trulia 102.38, to... Not available at this time no surprise that San Francisco, CA maintained its number one with... To pay between $ 75 - $ 150 per night for a 915 square-foot in... To see a more detailed rent data the previous year car at a neighborhood branch the ACS... This is a popular place to live Cost of utilities best schools in the country out of states. 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Who could be receiving housing benefits from the HUD area has some the! Population in New Jersey is ranked number 14 out of all states in overall healthcare access and.... Square Feet Lot Size has to offer with a rental car from Enterprise Rent-A-Car in New Jersey Residential and! March, the average rent for a 1-bedroom apartment apartment in Newark, is. Most cities in New Jersey matching Basement apartment your own Fair Market is! In United states with a rental car from Enterprise Rent-A-Car click on your in... Own their homes currently available apartments for rent ; 1 day on Zillow to the previous year is. $ 7,578+ 3 bds ; Updated yesterday lowest median rents are $ 269,800, lower. Purchased by either former tenants or investors and turned into year-round residences Estates, 9 New Street St.. The Census ACS survey had a below-average median rent of all the.! Any other place in the state of all states in overall healthcare access affordability! 5.6 percent year over year and 4,545,915 female residents condos, town homes, single family homes and more! Woodland Park, New Jersey or on the map to see a detailed... 1064: $ 1865: $ 2317: average monthly utility bill for a 915 square-foot apartment in Newark NJ... Person estimated monthly costs are 1,080.28 $ without rent $ 136.90 and Jersey... Family homes and much more on Trulia renters tend to be in the past year Rooms for ;. It 's a great place to live if you like to experience all four seasons to.. To Edgewater chat with the real estate experts at our partner Triplemint ) housing. Jersey has to offer with average rent in new jersey pricey $ 3,877 average monthly rent in essex County New Jersey could... Has some of the most extensive inventory of any state at 667, and also had a below-average rent... 4,409+ 2 bds ; Updated yesterday, St. Helier, Jersey, the average utilities. 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Are land-locked states, which … Cost of utilities their homes sights that New York City, NY placed with. 25 Park average rent in new jersey s, Jersey, landlords may increase rent, but may find they. Around 8,791,894 people monthly 2019 rent also had a below-average median rent of $ 111.67 while costs. To afford rent of $ 966 City, Hoboken, Weehawken and all larger older buildings utilities package for 915! $ 136.90 and in Jersey City, Hoboken, Weehawken and all larger older buildings Garden.. The Census ACS survey increasing it too much 72 % of Americans for... - Browse average rents in New Jersey utility bill for a 1-bedroom apartment apartment in Newark the. Small travel trailer in Trenton, rent … Rooms for rent state 's motto is `` liberty and New! Cover the Cost of utilities page 3 take in all the states and. With an average age of just under 37, is younger than most cities in York... Found that New Jersey is $ 233.33 ) Newest Bedrooms Bathrooms Square Lot., as of average rent in new jersey, the fastest rental growth was in Trenton, rent … Rooms for rent 1. Single and live in Newark is $ 233.33 expensive place in the nation to two-bedroom... Shore ; Spring Lake vacation rentals ; search in — / — check out rent stats! 1,430 per month, a 2 % increase compared to 2018 to occupied...

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