Last updated on October 29, 2026

Average rent in
New Providence, NJ

Median rent

Median rent in New Providence

$3,400/mo

increased by31%

vs previous year

The average rent in New Providence is $3,400 per month as of October 2026. This is 79% above the national average rent, or $1,500 more per month.

$3.56

average price per square foot

Total rentals

Available rentals in New Providence

13

for rent on Zumper.com as of October 2026

Rent price distribution

Share of New Providence rentals at each price point

45%34%23%11%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in New Providence, NJ, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in New Providence, NJ

Average rent prices in New Providence have decreased by 22% over the last month and have increased by 31% since last year.

Rent trends

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

Compare rent prices in New Providence, NJ

Rent prices in New Providence vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in New Providence is $2,275, whereas a house costs $4,250. 1-bedroom apartments in New Providence run $2,168 on average, while 2-bedroom apartments are $2,984.

Listings

Studio

$1,445

-

-

1 bedroom

$2,195

No Change

10%

2 bedroom

$3,027

6%

32%

3 bedroom

$3,400

No Change

24%

4 bedroom

$5,850

8%

-

Studio

Average rent

$1,445

1 bedroom

Average rent

$2,195

Last year

10%

2 bedroom

Average rent

$3,027

Last 30 days

6%

Last year

32%

3 bedroom

Average rent

$3,400

Last year

24%

4 bedroom

Average rent

$5,850

Last 30 days

8%

The table above reflects average rent prices in New Providence, 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.

How does rent in New Providence, NJ compare to other cities?

Compare median rent prices in New Providence and Bedminster Township by all bedroom counts and property types.

New Providence

Median rent price$3,400
increased by79%

higher than the national median

Median rent price$2,800
increased by47%

higher than the national median

Takeaway

The median rent for all rentals in New Providence, NJ is 21% higher than the median rent in Bedminster Township, NJ.

Discover rentals in New Providence, NJ

Murray Hill Gardens: Your Perfect Home Awaits! - Photo 1 of 1

2d ago

8.8

Very good

Murray Hill Gardens: Your Perfect Home Awaits!

48 Southgate Rd, New Providence, NJ 07974

1–2 beds

1 bath

$2,000–$2,500

Price droppedFees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
12 Osborne Ave - Photo 1 of 1

5d+ ago

House for rent in New Providence

Rental, New Providence Boro, NJ

12 Osborne Ave, New Providence, NJ 07974

3 beds

2 baths

$4,500

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for New Providence, NJ

Quick answers to common questions about the New Providence rental market.

How much is rent in New Providence?

The average rent in New Providence is $3,400 per month as of October 24, 2026.

Is rent up or down in New Providence?

Average rent prices in New Providence have decreased by 22% over the last month and have increased by 31% since last year.

How does New Providence rent compare to the national average?

Rent in New Providence is 79% above the national average, which means renters are paying approximately $1,500 more per month.

What salary do I need to afford rent in New Providence?

To comfortably afford rent in New Providence, you'd need to earn approximately $136,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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