Average Rent in Elizabeth, NJ and Rent Price Trends

Rent price trends in
Elizabeth, NJ

Rent price trends

Rent prices for all bedroom counts and property types in Elizabeth, NJ have increased by 2% in the last month and have decreased by 17% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Elizabeth, NJ
The monthly rent for an apartment in Elizabeth, NJ is $2,150. A 1-bedroom apartment in Elizabeth, NJ costs about $1,700 on average, while a 2-bedroom apartment is $2,050. Houses for rent in Elizabeth, NJ are more expensive, with an average monthly cost of $2,600.


1 bedroom	$1,700	1%	20%
2 bedroom	$2,100	1%	15%
3 bedroom	$2,600	No Change	7%
4 bedroom	$2,949	No Change	2%
Studio	$1,650	6%	23%

		Comparables
Downtown Elizabeth	$2,099


Apartments	$2,150	1%	No Change
Condos	$2,100	6%	No Change
Houses	$2,600	3%	No Change
Rooms	$900	2%	-

Studio

Average rent

$1,650

Last 30 days

Last year

23%

1 bedroom

Average rent

$1,700

Last 30 days

Last year

20%

2 bedroom

Average rent

$2,100

Last 30 days

Last year

15%

3 bedroom

Average rent

$2,600

Last 30 days

No Change

Last year

4 bedroom

Average rent

$2,949

Last 30 days

No Change

Last year

The table above reflects average rent prices in Elizabeth, NJ, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Elizabeth, NJ to other cities

Median rent prices in Elizabeth, NJ for all bedroom counts and property types compared to Bayonne, NJ.

Elizabeth

Median rent price$2,150

13%

higher than the national median

Median rent price$2,400

26%

higher than the national median

Takeaway

The median rent for all rentals in Elizabeth, NJ is 10% lower than the median rent in Bayonne, NJ.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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Average rent in
Nearby cities
Explore rent trends in other markets

Bayonne

$2,400

Last year

Belleville

$2,447

Last year

Bloomfield

$2,400

Last year

East Orange

$1,999

Last year

Hillside

$2,200

18%

Last year

Irvington

$2,099

Last year

Jersey City

$2,900

Last year

Linden

$2,397

Last year

Montclair

$2,737

Last year

Newark

$2,150

Last year

Union

$2,900

12%

Last year

Woodbridge Township

$2,400

251%

Last year

Cost of living in
Elizabeth, NJ

The overall cost of living in Elizabeth, NJ is 14% higher than the national average. Explore the cost of essential expenses, then use our rent calculator to help set your budget.