Vermella Broad Street
349-377 Broad St,
Newark, NJ 07104
Studio - 2 Beds | $1,874 - 5,914
Rental Market Trends in Kearny, NJ
What is the average rent in Kearny, NJ?
$2,037/month
Average Rent
642 Sq Ft
Average Apartment Size
-0.1%
Decrease in the Last Year
As of November 2024, the average rent in Kearny, NJ is $2,037 per month. This is 31% higher than the national average rent price of $1,559/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 $2,080 per month for a studio, $2,037 for a one-bedroom apartment, and around $3,021 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,631 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 decreased by 0.1%, which averages out to $1 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 November 2024
Legend
2023
2024
Rent Ranges in Kearny, NJ
Last Updated November 2024
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
8%
$700 - $1,000/month
23%
$1,001 - $1,500/month
31%
$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, Manor Section, Arlington 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, Arlington and Manor Section 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 $2,037, you’ll want to make about $6,790 per month or $81,480 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
-
-
One Bedroom
$896/month
-
Two Bedroom
$1,064/month
-
Three Bedroom
-
-
Nearby City Rent Trends
Apartment communities in Kearny we think you'll love
Property Management Companies in Kearny, NJ
Ironstate Development Company
-
24
Communities
-
6,149
Units
-
7
Cities
7 Communities in Kearny
Russo Development
-
14
Communities
-
4,842
Units
-
11
Cities
5 Communities in Kearny
Greystar
-
3,181
Communities
-
879,996
Units
-
826
Cities
3 Communities in Kearny
Bozzuto
-
349
Communities
-
107,024
Units
-
151
Cities
3 Communities in Kearny
BNE Real Estate Group
-
17
Communities
-
4,009
Units
-
14
Cities
3 Communities in Kearny
Goldberg Realty Associates
-
50
Communities
-
4,969
Units
-
39
Cities
1 Community in Kearny
AION Management
-
60
Communities
-
19,457
Units
-
38
Cities
1 Community in Kearny
SHP Management Corporation
-
21
Communities
-
2,745
Units
-
20
Cities
1 Community in Kearny
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Methodology
† 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.
* Percentages may not total 100 due to rounding.