The Frederick
2 Walter Ave,
Highland Park, NJ 08904
1-2 Beds | $2,700 - $4,195
Rental Market Trends in New Brunswick, NJ
What is the average rent in New Brunswick, NJ?
$2,138/month
Average Rent
704 Sq Ft
Average Apartment Size
-0.2%
Decrease in the Last Year
As of July 2025, the average rent in New Brunswick, NJ is $2,138 per month. This is 31% higher than the national average rent price of $1,636/month, making New Brunswick one of the most expensive cities in the US. When you rent an apartment in New Brunswick, you can expect to pay about $1,669 per month for a studio, $2,138 for a one-bedroom apartment, and around $2,801 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,054 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 New Brunswick, NJ?
In the past year, rent has decreased by 0.2%, which averages out to $3 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 July 2025
Legend
2024
2025
Rent Ranges in New Brunswick, NJ
Last Updated July 2025
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
23%
$1,001 - $1,500/month
23%
$1,501 - $2,000/month
54%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in New Brunswick?
Based on current rent prices, The Gardens at Raritan, Downtown New Brunswick and Bloody 6th Ward are the most affordable neighborhoods in New Brunswick.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in New Brunswick?
Based on current rent prices, Old Queens Historic District, Bloody 6th Ward and Downtown New Brunswick are the most expensive neighborhoods in New Brunswick.
Neighborhood
Average Rent
Average Sq Ft
Which New Brunswick neighborhoods have the most rentals available?
The neighborhoods in New Brunswick with the most apartments available are Downtown New Brunswick, The Gardens at Raritan and Bloody 6th Ward .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in New Brunswick, NJ?
Because the average rent in New Brunswick is $2,138, you’ll want to make about $7,126 per month or $85,512 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.
Cost of Living
The cost of living in New Brunswick, NJ is 16.4% higher than the national average. Generally, housing in New Brunswick is 38.6% more expensive than the national average, with rent falling between $1,669 - $3,054. You can expect to pay 1.2% more for groceries, 2.6% more for utilities, and 7.9% more for transportation.
How does New Brunswick, NJ compare to other nearby cities and neighborhoods?
Use the tool below to compare New Brunswick, 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.
Loading Results...
Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Nearby City Rent Trends
Apartment communities in New Brunswick we think you'll love
Property Management Companies in New Brunswick, NJ
Oxford Realty Group
-
20
Communities
-
4,217
Units
-
10
Cities
9 Communities in New Brunswick
Cammeby's
-
73
Communities
-
19,256
Units
-
51
Cities
6 Communities in New Brunswick
Real Estate Growth Advisors
-
12
Communities
-
793
Units
-
10
Cities
3 Communities in New Brunswick
Greystar
-
3,267
Communities
-
909,043
Units
-
842
Cities
2 Communities in New Brunswick
AION Management
-
54
Communities
-
18,424
Units
-
35
Cities
2 Communities in New Brunswick
Pennrose Management Company
-
48
Communities
-
5,922
Units
-
34
Cities
2 Communities in New Brunswick
Fieldstone Properties, LLC
-
15
Communities
-
8,931
Units
-
13
Cities
2 Communities in New Brunswick
Morgan Properties
-
326
Communities
-
97,970
Units
-
199
Cities
1 Community in New Brunswick
Learn More with Helpful Articles
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
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 2025.
* Percentages may not total 100 due to rounding.