The Ballantine
80 Freeman St,
Newark, NJ 07105
Studio - 2 Beds | $1,860 - $3,555
Rental Market Trends in Kearny, NJ
What is the average rent in Kearny, NJ?
$2,072/month
Average Rent
646 Sq Ft
Average Apartment Size
+2.3%
Increase in the Last Year
As of April 2025, the average rent in Kearny, NJ is $2,072 per month. This is 31% higher than the national average rent price of $1,576/month, making Kearny one of the most expensive cities in the US. When you rent an apartment in Kearny, you can expect to pay about $2,158 per month for a studio, $2,072 for a one-bedroom apartment, and around $2,923 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,641 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Kearny, NJ?
In the past year, rent has increased by 2.3%, which averages out to $48 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2025
Legend
2024
2025
Rent Ranges in Kearny, NJ
Last Updated April 2025
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
8%
$700 - $1,000/month
15%
$1,001 - $1,500/month
38%
$1,501 - $2,000/month
38%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Kearny?
Based on current rent prices, Arlington, Manor Section and South Kearny are the most affordable neighborhoods in Kearny.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Kearny?
Based on current rent prices, South Kearny, Manor Section and Arlington are the most expensive neighborhoods in Kearny.
Neighborhood
Average Rent
Average Sq Ft
Which Kearny neighborhoods have the most rentals available?
The neighborhoods in Kearny with the most apartments available are South Kearny, Manor Section and Arlington .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Kearny, NJ?
Because the average rent in Kearny is $2,072, you’ll want to make about $6,906 per month or $82,872 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 Kearny, NJ compare to other nearby cities and neighborhoods?
Use the tool below to compare Kearny, 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.
Studio
$1,200/month
-
One Bedroom
$1,421/month
-
Two Bedroom
$1,919/month
-
Three Bedroom
$844/month
-
Nearby City Rent Trends
Apartment communities in Kearny we think you'll love
Property Management Companies in Kearny, NJ
Russo Development
-
16
Communities
-
5,542
Units
-
12
Cities
5 Communities in Kearny
Ironstate Development Company
-
16
Communities
-
2,737
Units
-
4
Cities
5 Communities in Kearny
Greystar
-
3,221
Communities
-
894,451
Units
-
829
Cities
3 Communities in Kearny
Bozzuto
-
378
Communities
-
115,823
Units
-
152
Cities
3 Communities in Kearny
BNE Real Estate Group
-
18
Communities
-
4,119
Units
-
15
Cities
3 Communities in Kearny
Goldberg Realty Associates
-
51
Communities
-
5,023
Units
-
39
Cities
1 Community in Kearny
AION Management
-
55
Communities
-
18,671
Units
-
37
Cities
1 Community in Kearny
Capodagli Property Co.
-
31
Communities
-
4,464
Units
-
17
Cities
1 Community in Kearny
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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 February 2025.
* Percentages may not total 100 due to rounding.