The Ballantine
80 Freeman St,
Newark, NJ 07105
Studio - 2 Beds | $1,995 - $3,400
Rental Market Trends in Kearny, NJ
What is the average rent in Kearny, NJ?
$2,117/month
Average Rent
646 Sq Ft
Average Apartment Size
+4.3%
Increase in the Last Year
As of June 2025, the average rent in Kearny, NJ is $2,117 per month. This is 30% higher than the national average rent price of $1,627/month, making Kearny one of the most expensive cities in the US. When you rent an apartment in Kearny, you can expect to pay about $2,009 per month for a studio, $2,117 for a one-bedroom apartment, and around $2,920 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,645 or more.
Floor Plan Type
Average Rent
Average 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 Kearny, NJ?
In the past year, rent has increased by 4.3%, which averages out to $92 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 June 2025
Legend
2024
2025
Rent Ranges in Kearny, NJ
Last Updated June 2025
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
8%
$700 - $1,000/month
23%
$1,001 - $1,500/month
23%
$1,501 - $2,000/month
46%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Kearny?
Based on current rent prices, South Kearny is the most affordable neighborhood in Kearny.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Kearny?
Based on current rent prices, South Kearny is the most expensive neighborhood in Kearny.
Neighborhood
Average Rent
Average Sq Ft
Which Kearny neighborhoods have the most rentals available?
The neighborhood in Kearny with the most apartments available is South Kearny .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Kearny, NJ?
Because the average rent in Kearny is $2,117, you’ll want to make about $7,056 per month or $84,672 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.
How does Kearny, NJ compare to other nearby cities and neighborhoods?
Use the tool below to compare Kearny, 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.
Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Nearby City Rent Trends
Apartment communities in Kearny we think you'll love
Property Management Companies in Kearny, NJ
Russo Development
-
17
Communities
-
5,817
Units
-
13
Cities
5 Communities in Kearny
Ironstate Development Company
-
17
Communities
-
3,073
Units
-
4
Cities
5 Communities in Kearny
Greystar
-
3,265
Communities
-
907,285
Units
-
843
Cities
3 Communities in Kearny
Bozzuto
-
386
Communities
-
117,599
Units
-
154
Cities
3 Communities in Kearny
BNE Real Estate Group
-
19
Communities
-
4,147
Units
-
16
Cities
3 Communities in Kearny
Atlantic Realty Development Corp.
-
52
Communities
-
16,954
Units
-
29
Cities
2 Communities in Kearny
Goldberg Realty Associates
-
51
Communities
-
5,023
Units
-
39
Cities
1 Community in Kearny
AION Management
-
54
Communities
-
18,581
Units
-
35
Cities
1 Community in Kearny
Learn More with Helpful Articles
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
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 2025.
* Percentages may not total 100 due to rounding.