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  2. Elizabeth, NJ
Updated

Average Rent in Elizabeth, NJ

6 apartment buildings, 35 units. Real asking prices, refreshed daily.

Avg Rent

$2,716/mo

Cheapest

$1,520/mo

Properties

6

Units

35

Analysis

Rent Price Breakdown

Compare pricing across all 6 properties in Elizabeth, NJ.

Average Rent by Property

Starting Price vs Average

Rent by Bedroom Count

Price per Square Foot

Elizabeth, NJ Rent Prices

All 6 properties ranked by lowest available rent.

Explore Each Property

Elizabeth, NJ Average Rent Prices 2026

The average rent in Elizabeth, NJ is $2,716 per month, based on 35 units across 6 apartment communities. Prices range from $1,520 at Linden Arms, LLC to $2,476 at Canter Green.

Average Rent by Bedroom Type

Type Avg Rent Starting From Units
Studio $1,982/mo $1,520/mo 3
1 Bed $2,448/mo $1,815/mo 16
2 Bed $3,122/mo $2,575/mo 16

Every price comes directly from each property's leasing system, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.

Market Context

Who rents in Elizabeth, NJ, and what they pay

Tracked one-bedroom rent in Elizabeth, NJ averages $2,448/mo, with two-bedroom units averaging $3,122/mo. At the local median household income of $63,874, that works out to 51% of gross income, a severely rent-burdened market by HUD standards.

The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Elizabeth, NJ at $1,463/mo. The current tracked market average runs 86% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Elizabeth, NJ while the tracked market average covers units currently listed in larger apartment communities.

What salary do I need to live comfortably in Elizabeth, NJ?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$109,000/year

30 percent rule -- using our average rent of $2,716/mo.

Comfortable income

$130,000/year

25 percent rule -- leaves more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,520/mo), you need to earn at least $61,000/year.

Median household income in Elizabeth, NJ is $63,874 , about 51% below the comfortable-living threshold.

Cost of living in Elizabeth, NJ

Overall prices in Elizabeth, NJ runs above the national average by about 13% (BEA Regional Price Parity index 112.6, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Elizabeth, NJ's regional price parities.

Category Monthly estimate
Rent (market average) $2,716
Utilities $644
Groceries $585
Transportation $1,534
Healthcare $748
Other goods and services $1,197
Estimated total $7,424/mo

Population

135,887

Median household income

$63,874

Census median rent

$1,463/mo

Rent as % of income

32.1%

Median age

35.8

Mean commute

27 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

Compare

Nearby cities in New Jersey

How Elizabeth, NJ rent compares to other markets in the state.

City Avg Rent vs Elizabeth, NJ Properties
Paterson, NJ $3,421 +26% 5

Frequently asked questions

What is the average rent in Elizabeth, NJ?

The average rent in Elizabeth, NJ is $2,716 per month, based on 35 units across 6 apartment buildings tracked by Average Rent. Prices are updated every morning through our proprietary data sourcing.

What is the cheapest apartment rent in Elizabeth, NJ?

The lowest available rent in Elizabeth, NJ starts at $1,520 per month. Availability changes daily as leasing data is refreshed each morning.

How much is a 1-bedroom apartment in Elizabeth, NJ?

1-bedroom apartments in Elizabeth, NJ average $2,448/mo. The lowest listed 1-bedroom starts at $1,815/mo across 16 units tracked.

How much is a 2-bedroom apartment in Elizabeth, NJ?

2-bedroom apartments in Elizabeth, NJ average $3,122/mo. Units start from $2,575/mo across 16 units currently listed.

Rent Trends in Elizabeth, NJ

Track how apartment prices are changing over time.

View Rent Trends
Adding new buildings daily

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