Livana East Hanover
72 Eagle Rock Ave,
East Hanover, NJ 07936
1-3 Beds | $2,847 - $5,592
Rental Market Trends in East Hanover, NJ
What is the average rent in East Hanover, NJ?
$2,956/month
Average Rent
853 Sq Ft
Average Apartment Size
-2.9%
Decrease in the Last Year
East Hanover, NJ Rental Market Overview
The average rent in East Hanover, NJ is $2,956 per month. This is 80% higher than the national average rent price of $1,645/month, making East Hanover one of the most expensive cities in the US.
- Studio apartments in East Hanover average per month.
- One-bedroom apartments in East Hanover average $2,956 per month.
- Two-bedroom apartments in East Hanover average $3,673 per month.
- Three-bedroom apartments in East Hanover average $4,766 or more per month.
Data Updated: June 1, 2026
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
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Average Sq Ft
How much has average rent changed in East Hanover, NJ?
In the past year, rent has decreased by 2.9%, which averages out to $85 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2026
Legend
2025
2026
Rent Ranges in East Hanover, NJ
Last Updated June 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
0%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
100%
Above $2,000/month
What salary do I need to live comfortably in East Hanover, NJ?
Because the average rent in East Hanover is $2,956, you’ll want to make about $9,853 per month or $118,236 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does East Hanover, NJ compare to other nearby cities and neighborhoods?
Use the tool below to compare East Hanover, NJ to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Frequently Asked Questions
What is the average rent in East Hanover?
The average rent in East Hanover is $2,956 per month, which is 79.7% higher than the national average of $1,645.
Are rents going up or down in East Hanover?
Rents in East Hanover, NJ are decreasing, with prices down 2.9% year-over-year and $85 less per month.
What rent range is most common in East Hanover?
In East Hanover, NJ, 100% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.