Westfield Crossing
425 South Ave E,
Westfield, NJ 07090
1-2 Beds | $3,000 - $5,500
Rental Market Trends in Garwood, NJ
Updated September 2026
The average rent in Garwood, NJ is $2,678/month.
Rent in Garwood is 61% higher than the national average rent of $1,665/month, making this one of the more expensive cities statewide.
$2,678/month
Average Rent
824 Sq Ft
Average Size
-1.6%
Change / Year
28
Available Apartments
Garwood rent varies by unit size and layout:
- Studio apartments in Garwood average $2,244 per month.
- One-bedroom apartments in Garwood average $2,678 per month.
- Two-bedroom apartments in Garwood average $3,954 per month.
- Three-bedroom apartments in Garwood average $4,767 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Garwood, NJ?
In the past year, rent has decreased by 1.6%, which averages out to $43 less per month.
Market Trends Over Time
September 2026
2025
2026
Rent Ranges in Garwood, NJ
September 2026
Above $2,000
Most rental prices fall within this range
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 Garwood, NJ?
Because the average rent in Garwood is $2,678, you’ll want to make about $8,926 per month or $107,112 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.
How does Garwood, NJ compare to other nearby cities and neighborhoods?
Use the tool below to compare Garwood, 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 Garwood Area GuideCompare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
-
Cranford
Avg Rent: $2,961/month
-
Westfield
Avg Rent: $2,715/month
-
Clark
Avg Rent: $1,899/month
-
Scotch Plains
Avg Rent: $2,345/month
-
Roselle Park
Avg Rent: $1,926/month
-
Springfield
Avg Rent: $2,460/month
-
Roselle
Avg Rent: $1,855/month
Apartment Communities in Garwood We Think You'll Love
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Frequently Asked Questions
What is the average rent in Garwood?
The average rent in Garwood is $2,678 per month, which is 60.8% higher than the national average of $1,665.
Are rents going up or down in Garwood?
Rents in Garwood, NJ are decreasing, with prices down 1.6% year-over-year and $43 less per month.
What rent range is most common in Garwood?
In Garwood, NJ, 100% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.
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 September 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.