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Best Places to Rent

New Jersey

Average Rent

$2,301

+1.3% YoY

Rent Comparison

41.4% 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

$3,137

Population

11,757,573

# of Rentals

4,542

Philadelphia Metro Area

Average Rent

$1,911

Population

6,356,584

# of Rentals

10,525

Northern New Jersey Metro Area

Average Rent

$2,325

Population

2,262,066

# of Rentals

3,143

Lehigh Valley Metro Area

Average Rent

$1,744

Population

891,762

# of Rentals

634

Trenton Metro Area

Average Rent

$1,888

Population

395,628

# of Rentals

704

Atlantic City Metro Area

Average Rent

$1,676

Population

373,952

# of Rentals

97

Vineland Metro Area

Average Rent

$1,419

Population

156,713

# of Rentals

70

Lakewood-New Brunswick Metro Area

Average Rent

$2,119

Population

--

# of Rentals

2,898

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.