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Rental Market Trends in East Hanover, NJ

Updated July 2026

The average rent in East Hanover, NJ is $2,920/month.

Rent in East Hanover is 76% higher than the national average rent of $1,662/month, making this one of the more expensive cities statewide.

$2,920/month

Average Rent

811 Sq Ft

Average Size

-2.3%

Change / Year

218

Available Apartments

East Hanover rent varies by unit size and layout:

  • Studio apartments in East Hanover average per month.
  • One-bedroom apartments in East Hanover average $2,920 per month.
  • Two-bedroom apartments in East Hanover average $3,674 per month.
  • Three-bedroom apartments in East Hanover average $4,728 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$2,920/month
811 Sq Ft
Two Bedroom
$3,674/month
1,188 Sq Ft
Three Bedroom
$4,728/month
1,492 Sq Ft
View East Hanover Apartments

How much has average rent changed in East Hanover, NJ?

In the past year, rent has decreased by 2.3%, which averages out to $67 less per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in East Hanover, NJ

July 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in East Hanover, 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 East Hanover, NJ?

Because the average rent in East Hanover is $2,920, you’ll want to make about $9,733 per month or $116,796 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

East Hanover, NJ

218 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare East Hanover, 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.

View the East Hanover Area Guide

Apartment Averages

Apartment Communities in East Hanover We Think You'll Love

Livana East Hanover

Livana East Hanover

72 Eagle Rock Ave,
East Hanover, NJ 07936

1-3 Beds | $2,852 - $4,987

CANTERLY PLACE

CANTERLY PLACE

51 Okner Pkwy,
Livingston, NJ 07039

1-3 Beds | $2,765 - $5,400

Valley View Park East Hanover

Valley View Park East Hanover

6000 Morris Pl,
East Hanover, NJ 07936

1 Bed | $2,785 - $3,110

Parkvue At Livingston

Parkvue At Livingston

1 Briggs Cir,
Livingston, NJ 07039

1-2 Beds | $2,720 - $4,298

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Frequently Asked Questions

What is the average rent in East Hanover?

The average rent in East Hanover is $2,920 per month, which is 75.7% higher than the national average of $1,662.

Are rents going up or down in East Hanover?

Rents in East Hanover, NJ are decreasing, with prices down 2.3% year-over-year and $67 less per month.

What rent range is most common in East Hanover?

In East Hanover, NJ, 100% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

United States New Jersey East Hanover 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 June 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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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity