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Rental Market Trends in Cranford, NJ

What is the average rent in Cranford, NJ?

$2,867/month

Average Rent

923 Sq Ft

Average Apartment Size

+1.4%

Increase in the Last Year

As of April 2026, the average rent in Cranford, NJ is $2,867 per month. This is 75% higher than the national average rent price of $1,641/month, making Cranford one of the most expensive cities in the US. When you rent an apartment in Cranford, you can expect to pay about $2,191 per month for a studio, $2,867 for a one-bedroom apartment, and around $3,464 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,317 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,191/month
466 Sq Ft
One Bedroom
$2,867/month
923 Sq Ft
Two Bedroom
$3,464/month
1,223 Sq Ft
Three Bedroom
$2,317/month
1,130 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,541/month
958 Sq Ft
Three Bedroom
$3,237/month
919 Sq Ft
Four Bedroom
$4,222/month
679 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,074/month
450 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Cranford, NJ?

In the past year, rent has increased by 1.4%, which averages out to $40 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Cranford, NJ
Last Updated April 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Cranford, NJ
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
100% Above $2,000/month

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

Because the average rent in Cranford is $2,867, you’ll want to make about $9,556 per month or $114,672 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

Cranford, NJ

1,110 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Cranford, 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 Cranford, NJ

Apartment Averages

Nearby City Rent Trends

  • Garwood Average Rent
  • Roselle Park Average Rent
  • Westfield Average Rent
  • Roselle Average Rent
  • Springfield Average Rent

Apartment communities in Cranford we think you'll love

MI Place at First Radio

MI Place at First Radio

450 W Westfield Ave,
Roselle Park, NJ 07204

$2,050 - $3,555

1-2 Beds

Walnut Hill

Walnut Hill

35 Walnut Ave,
Clark, NJ 07066

$3,150 - $4,450

1-2 Beds

Fairways at Cranford

Fairways at Cranford

750 Walnut Ave,
Cranford, NJ 07016

$2,441 - $3,906 Total Monthly Price

Studio - 2 Beds

Birchwood Park

Birchwood Park

225 Birchwood Ave,
Cranford, NJ 07016

$3,000 - $4,780

1-3 Beds

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United States New Jersey Cranford 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