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Rental Market Trends in Caldwell, NJ

What is the average rent in Caldwell, NJ?

$1,993/month

Average Rent

680 Sq Ft

Average Apartment Size

-1.9%

Decrease in the Last Year

As of April 2026, the average rent in Caldwell, NJ is $1,993 per month. This is 21% higher than the national average rent price of $1,641/month, making Caldwell one of the most expensive cities in the US. When you rent an apartment in Caldwell, you can expect to pay about $1,645 per month for a studio, $1,993 for a one-bedroom apartment, and around $2,545 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,245 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,645/month
533 Sq Ft
One Bedroom
$1,993/month
680 Sq Ft
Two Bedroom
$2,545/month
976 Sq Ft
Three Bedroom
$3,245/month
1,285 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 Caldwell, NJ?

In the past year, rent has decreased by 1.9%, which averages out to $37 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Caldwell, NJ
Last Updated April 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Caldwell, NJ
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
9% $1,001 - $1,500/month
27% $1,501 - $2,000/month
64% Above $2,000/month

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

Because the average rent in Caldwell is $1,993, you’ll want to make about $6,643 per month or $79,716 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.

City

Caldwell, NJ

54 Available Apartments for Rent

Search for Nearby Apartments

How does Caldwell, NJ compare to other nearby cities and neighborhoods?

Use the tool below to compare Caldwell, 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.

Explore the Area Guide for Caldwell, NJ

Apartment Averages

Nearby City Rent Trends

  • West Caldwell Average Rent
  • Cedar Grove Average Rent
  • West Orange Average Rent
  • Montclair Average Rent

Apartment communities in Caldwell we think you'll love

Caldwell Village

Caldwell Village

18 Lane Ave,
Caldwell, NJ 07006

$2,350 - $3,550

1-2 Beds

West Gate Apartments of Caldwell

West Gate Apartments of Caldwell

550 Bloomfield Ave,
Caldwell, NJ 07006

$2,750 - $2,900

1 Bed

Westcourt Apts.

Westcourt Apts.

551 Bloomfield Ave,
Caldwell, NJ 07006

$2,050 - $2,295

1-2 Beds

Rumsey Park Apts.

Rumsey Park Apts.

7 Prospect St,
Caldwell, NJ 07006

$1,825 - $1,995

1-2 Beds

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United States New Jersey Caldwell Rental Trends

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 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity