New Jersey Rental Property

New Jersey is popularly known and loved for an incredible amount of larger apartment complexes and condominiums. In Jersey City alone - New Jersey’s second most populated city - apartments and condos make-up over half of the housing units in the city. This truly makes New Jersey rental properties seem like an obvious choice.

Red boat passing by Goldman Sachs building and other Jersey City waterfront high-rises

New Jersey Rental Statistics

Average Price $2.6K
Lowest Price $500
Highest Price $125K
Total Listings 659
Avg. Days On Market 69
Avg. Price/SQFT $2

Property Types (active listings)

New Jersey Rental Properties

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5910 Atlantic Ave, VENTNOR CITY

$125,000

↑ $105,000

5910 Atlantic Ave, VENTNOR CITY

7 Beds 5.5 Baths 3,104 SqFt Residential Lease MLS® # NJAC2012316

Farley & Ferry Realty Inc

343 Bridgeboro Rd, MOORESTOWN

$15,000

↓ $4,000

343 Bridgeboro Rd, MOORESTOWN

5 Beds 5 Baths 9,178 SqFt Residential Lease MLS® # NJBL2062318

Compass New Jersey, LLC - Moorestown

501 Columbia Rd S, GLASSBORO

$9,000

↓ $1,000

501 Columbia Rd S, GLASSBORO

12 Beds 5.5 Baths 0 SqFt Residential Lease MLS® # NJGL2038208

RE/MAX ONE Realty

16 Bunning Dr, VOORHEES

$8,000

16 Bunning Dr, VOORHEES

5 Beds 6 Baths 7,056 SqFt Residential Lease MLS® # NJCD2076726

Sabal Real Estate

9 Timber Green Ct, MEDFORD

$7,500

9 Timber Green Ct, MEDFORD

5 Beds 4 Baths 3,974 SqFt Residential Lease MLS® # NJBL2074078

Corcoran Sawyer Smith

4 Seaside Mews, OCEAN CITY

$7,200

4 Seaside Mews, OCEAN CITY

6 Beds 4.5 Baths 3,244 SqFt Residential Lease MLS® # MDWO2022182

RE/MAX Universal

120 Saint Vincent Ct, CHERRY HILL

$6,900

↓ $600

120 Saint Vincent Ct, CHERRY HILL

4 Beds 3.5 Baths 6,800 SqFt Residential Lease MLS® # NJCD2065924

BHHS Fox & Roach-Cherry Hill

4 High Point Dr, MEDFORD

$6,750

↓ $1,450

4 High Point Dr, MEDFORD

4 Beds 4 Baths 3,639 SqFt Residential Lease MLS® # NJBL2071262

Real Broker, LLC

138 W Centennial Dr, MEDFORD

$6,750

↓ $150

138 W Centennial Dr, MEDFORD

5 Beds 5 Baths 6,930 SqFt Residential Lease MLS® # NJBL2069038

SRV Realty LLC

2 Wilderness Dr, MEDFORD

$6,500

2 Wilderness Dr, MEDFORD

6 Beds 5 Baths 5,775 SqFt Residential Lease MLS® # NJBL2073766

EXP Realty, LLC

1157 Barbara Dr, CHERRY HILL

$6,500

↓ $500

1157 Barbara Dr, CHERRY HILL

4 Beds 3.5 Baths 4,898 SqFt Residential Lease MLS® # NJCD2063934

BHHS Fox & Roach-Cherry Hill

827 Longwood Dr, HADDONFIELD

$6,300

↓ $550

827 Longwood Dr, HADDONFIELD

5 Beds 4 Baths 2,944 SqFt Residential Lease MLS® # NJCD2074136

Sureway Realty

New Jersey Rental Property Market Trends

While many areas in New Jersey were already brimming with rental inventory, it’s no surprise with the recent influx of New York City residents from recent years that the investment opportunity for rental properties in New Jersey is absolutely booming.

While apartment and condo rental properties account for over half of the housing units in Jersey City, almost 70% of properties in the city overall are rentals. That just goes to show exactly what the rental market is looking like in New Jersey.

New Jersey - popularly known as the Garden State - is one of the largest growing areas in the country. 

People can experience all of the allure and attractions of New York City just a short drive away and still get to experience the condo living they dream of but at a lower cost through New Jersey prices. The decision here becomes clear with New Jersey rental properties. 

Additionally, one of the largest selling points is that Jersey City tolerates Airbnb properties - as this is rare in most other places including other parts of New Jersey - Airbnb is truly the golden opportunity for investors.

Not to mention why rental properties are also so popular in New Jersey, the state is considered much more landlord friendly with much less regulation and more breathing room. 

New Jersey Rental Property Highlights 

Rental property types vary widely in New Jersey from detaches, ranch style homes boasting several bedrooms to gorgeous lakefront homes. 

Picture yourself enjoying your morning coffee with a group of friends or family as you look out onto the sparkling waters from your fully built deck or sunroom. That is true New Jersey living.

Classically large, stunning homes are available to rent with ample space to set up your potential workspace just the way you like it in huge rooms built for grand offices. Take a break afterwards on your back deck leading to a cozy wooded wonderland 

New Jersey condo rental properties allow you to take a space away from the true quiet of suburban living and take in the city from panoramic views of the waterfront or cityscape from your gorgeous balcony.

Stunning finishings in high end condo rental properties allow for the ultimate New Jersey living experience, right from the comfort of your high rise. 


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