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Rental Market Trends in Matawan, NJ

What is the average rent in Matawan, NJ?

$2,016/month

Average Rent

741 Sq Ft

Average Apartment Size

-0.2%

Decrease in the Last Year

As of April 2026, the average rent in Matawan, NJ is $2,016 per month. This is 23% higher than the national average rent price of $1,641/month, making Matawan one of the most expensive cities in the US. When you rent an apartment in Matawan, you can expect to pay about $1,762 per month for a studio, $2,016 for a one-bedroom apartment, and around $2,454 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,996 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,762/month
495 Sq Ft
One Bedroom
$2,016/month
741 Sq Ft
Two Bedroom
$2,454/month
919 Sq Ft
Three Bedroom
$2,996/month
1,230 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 Matawan, NJ?

In the past year, rent has decreased by 0.2%, which averages out to $3 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 Matawan, NJ
Last Updated April 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Matawan, NJ
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
6% $1,001 - $1,500/month
24% $1,501 - $2,000/month
71% Above $2,000/month

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

Because the average rent in Matawan is $2,016, you’ll want to make about $6,720 per month or $80,640 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

Matawan, NJ

178 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Matawan, 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.

Apartment Averages

Nearby City Rent Trends

  • Cliffwood Average Rent
  • Morganville Average Rent
  • Laurence Harbor Average Rent

Apartment communities in Matawan we think you'll love

The Apartments at Aberdeen Station

The Apartments at Aberdeen Station

1000 Central Ave,
Aberdeen, NJ 07747

$2,245 - $3,400

1-2 Beds

The Forge at Glassworks

The Forge at Glassworks

118 Glassworks Blvd,
Cliffwood, NJ 07721

$2,610 - $4,527

1-3 Beds

Old Bridge Town Center

Old Bridge Town Center

3996 Highway 516,
Matawan, NJ 07747

$2,750 - $2,900

2 Beds

Geick Park Residency

Geick Park Residency

4143 County Rd 516,
Matawan, NJ 07747

$1,825 - $2,725

Studio

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United States New Jersey Matawan 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