Renaissance Plaza Square
1 Richmond St,
New Brunswick, NJ 08901
1-3 Beds | $2,294 - $12,020
Rental Market Trends in New Brunswick, NJ
What is the average rent in New Brunswick, NJ?
$2,062/month
Average Rent
707 Sq Ft
Average Apartment Size
+2.4%
Increase in the Last Year
As of March 2025, the average rent in New Brunswick, NJ is $2,062 per month. This is 32% higher than the national average rent price of $1,560/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 $1,642 per month for a studio, $2,062 for a one-bedroom apartment, and around $2,698 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,033 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 increased by 2.4%, which averages out to $50 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 March 2025
Legend
2024
2025
Rent Ranges in New Brunswick, NJ
Last Updated March 2025
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
27%
$1,001 - $1,500/month
27%
$1,501 - $2,000/month
46%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in New Brunswick?
Based on current rent prices, Downtown New Brunswick is the most affordable neighborhood in New Brunswick.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in New Brunswick?
Based on current rent prices, Downtown New Brunswick is the most expensive neighborhood in New Brunswick.
Neighborhood
Average Rent
Average Sq Ft
Which New Brunswick neighborhoods have the most rentals available?
The neighborhood in New Brunswick with the most apartments available is Downtown New Brunswick .
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 $2,062, you’ll want to make about $6,873 per month or $82,476 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 15.9% higher than the national average. Generally, housing in New Brunswick is 36.5% more expensive than the national average, with rent falling between $1,642 - $3,033. You can expect to pay 1.5% more for groceries, 4.4% more for utilities, and 7.4% 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.
Studio
$1,818/month
$1,818/month
One Bedroom
$2,326/month
$2,326/month
Two Bedroom
$3,260/month
$3,260/month
Three Bedroom
$4,579/month
$4,579/month
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
-
4,179
Units
-
10
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9 Communities in New Brunswick
Cammeby's
-
72
Communities
-
18,850
Units
-
51
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6 Communities in New Brunswick
Real Estate Growth Advisors
-
12
Communities
-
793
Units
-
10
Cities
3 Communities in New Brunswick
Greystar
-
3,221
Communities
-
893,679
Units
-
827
Cities
2 Communities in New Brunswick
Pennrose Management Company
-
53
Communities
-
6,467
Units
-
38
Cities
2 Communities in New Brunswick
AION Management
-
55
Communities
-
18,695
Units
-
37
Cities
2 Communities in New Brunswick
Fieldstone Properties, LLC
-
15
Communities
-
8,931
Units
-
13
Cities
2 Communities in New Brunswick
Morgan Properties
-
315
Communities
-
95,209
Units
-
193
Cities
1 Community in New Brunswick
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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.