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Best Places to Rent

New Jersey

Average Rent

$2,306

+2% YoY

Rent Comparison

41.5% 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

$2,762

Population

11,757,573

# of Rentals

7,268

Philadelphia Metro Area

Average Rent

$1,848

Population

6,245,112

# of Rentals

9,792

Northern New Jersey Metro Area

Average Rent

$2,293

Population

2,262,066

# of Rentals

3,449

Lehigh Valley Metro Area

Average Rent

$1,702

Population

873,471

# of Rentals

520

Trenton Metro Area

Average Rent

$2,080

Population

379,405

# of Rentals

589

Atlantic City Metro Area

Average Rent

$1,664

Population

371,186

# of Rentals

152

Vineland Metro Area

Average Rent

$1,427

Population

150,819

# of Rentals

87

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.