Last updated on August 4, 2026

Average rent in
Summit, NJ

Median rent

Median rent in Summit

$3,000/mo

decreased by3%

vs previous year

The average rent in Summit is $3,000 per month as of August 2026. This is 55% above the national average rent, or $1,060 more per month.

$5.44

average price per square foot

Total rentals

Available rentals in Summit

25

for rent on Zumper.com as of August 2026

Rent price distribution

Share of Summit rentals at each price point

55%41%28%14%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Summit, NJ

Average rent prices in Summit have remained the same over the last month and have decreased by 3% 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 Summit, NJ

Rent prices in Summit vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Summit is $2,725, whereas a house costs $5,895. 1-bedroom apartments in Summit run $2,200 on average, while 2-bedroom apartments are $2,800.

Listings

Studio

$1,900

4%

-

1 bedroom

$2,400

1%

3%

2 bedroom

$2,775

3%

8%

3 bedroom

$4,300

6%

32%

4 bedroom

$4,725

54%

19%

Studio

Average rent

$1,900

Last 30 days

4%

1 bedroom

Average rent

$2,400

Last 30 days

1%

Last year

3%

2 bedroom

Average rent

$2,775

Last 30 days

3%

Last year

8%

3 bedroom

Average rent

$4,300

Last 30 days

6%

Last year

32%

4 bedroom

Average rent

$4,725

Last 30 days

54%

Last year

19%

The table above reflects average rent prices in Summit, 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 Summit, NJ compare to other cities?

Compare median rent prices in Summit and Berkeley Heights by all bedroom counts and property types.

Summit

Median rent price$3,000
increased by55%

higher than the national median

Median rent price$3,225
increased by66%

higher than the national median

Takeaway

The median rent for all rentals in Summit, NJ is 7% lower than the median rent in Berkeley Heights, NJ.

Discover rentals in Summit, NJ

390 Morris Ave #8 - Photo 1 of 1

5d+ ago

Condo for rent in Summit

CONDOS - Summit City, NJ

390 Morris Ave #8, Summit, NJ 07901

2 beds

1 bath

$2,250

Condo for rent

516 Morris Ave - Photo 1 of 1

5d+ ago

Apartment for rent in Summit

MULTI_FAMILY - Summit City, NJ

516 Morris Ave, Summit, NJ 07901

2 beds

1 bath

$2,400

Apartment for rent

91 Broad St Apt 2nd - Photo 1 of 1

5d+ ago

Apartment for rent in Summit

Apartment for rent

23B William St - Photo 1 of 1

5d+ ago

Apartment for rent in Summit

MULTI_FAMILY - Summit City, NJ

23B William St, Summit, NJ 07901

4 beds

2 baths

$4,500

Apartment for rent

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 Summit, NJ

Quick answers to common questions about the Summit rental market.

How much is rent in Summit?

The average rent in Summit is $3,000 per month as of August 1, 2026.

Is rent up or down in Summit?

Average rent prices in Summit have remained the same over the last month and have decreased by 3% since last year.

How does Summit rent compare to the national average?

Rent in Summit is 55% above the national average, which means renters are paying approximately $1,060 more per month.

What salary do I need to afford rent in Summit?

To comfortably afford rent in Summit, you'd need to earn approximately $120,000/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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