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Rental Market Trends in Montclair, NJ

What is the average rent in Montclair, NJ?

$2,362/month

Average Rent

647 Sq Ft

Average Apartment Size

+1.5%

Increase in the Last Year

As of October 2025, the average rent in Montclair, NJ is $2,362 per month. This is 45% higher than the national average rent price of $1,630/month, making Montclair one of the most expensive cities in the US. When you rent an apartment in Montclair, you can expect to pay about $2,050 per month for a studio, $2,362 for a one-bedroom apartment, and around $2,980 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,682 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,050/month
476 Sq Ft
One Bedroom
$2,362/month
647 Sq Ft
Two Bedroom
$2,980/month
1,048 Sq Ft
Three Bedroom
$3,682/month
1,493 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,780/month
234 Sq Ft
Two Bedroom
$2,649/month
150 Sq Ft
Four Bedroom
$8,580/month
540 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 Montclair, NJ?

In the past year, rent has increased by 1.5%, which averages out to $37 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 October 2025
Legend
2024 2025
Market Trends Over Time

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Montclair?

Based on current rent prices, Town Center Historic District is the most affordable neighborhood in Montclair.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Town Center Historic District
$2,876/month
751 Sq Ft

What are the most expensive neighborhoods in Montclair?

Based on current rent prices, Town Center Historic District is the most expensive neighborhood in Montclair.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Town Center Historic District
$2,876/month
751 Sq Ft

Which Montclair neighborhoods have the most rentals available?

The neighborhood in Montclair with the most apartments available is Town Center Historic District .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Town Center Historic District
$2,876/month
751 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Montclair is $2,362, you’ll want to make about $7,873 per month or $94,476 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

Montclair, NJ

234 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Montclair, 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 Montclair, NJ

Apartment Averages

Town Center Historic District

Montclair, NJ

Town Center Historic District

Montclair, NJ

Studio
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-
One Bedroom
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-
Two Bedroom
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-
Three Bedroom
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Search
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Nearby City Rent Trends

  • Glen Ridge Average Rent
  • Bloomfield Average Rent
  • Cedar Grove Average Rent
  • Nutley Average Rent

Apartment communities in Montclair we think you'll love

The Vestry

The Vestry

147 Bloomfield Ave,
Montclair, NJ 07042

$3,150

1 Bed

BELLCLAIRE, LLC

BELLCLAIRE, LLC

691 Bloomfield Ave,
Montclair, NJ 07042

$2,950

1 Bed

Montclair Gardens

Montclair Gardens

39-41 N Fullerton Ave,
Montclair, NJ 07042

$2,995

2 Beds

Clarus Glen Ridge

Clarus Glen Ridge

277 Baldwin St,
Glen Ridge, NJ 07028

$4,450 - $4,750

2 Beds

Property Management Companies in Montclair, NJ

Goldberg Realty Associates
Goldberg Realty Associates
  • 51

    Communities

  • 5,023

    Units

  • 39

    Cities

4 Communities in Montclair
Affiliated Management, Inc.
Affiliated Management, Inc.
  • 32

    Communities

  • 3,612

    Units

  • 27

    Cities

4 Communities in Montclair
Cammeby's
Cammeby's
  • 74

    Communities

  • 19,695

    Units

  • 52

    Cities

3 Communities in Montclair
Sterling Properties
Sterling Properties
  • 18

    Communities

  • 2,142

    Units

  • 17

    Cities

2 Communities in Montclair
Value Companies
Value Companies
  • 17

    Communities

  • 3,220

    Units

  • 12

    Cities

2 Communities in Montclair
Platinum Realty Management
Platinum Realty Management
  • 23

    Communities

  • 5,640

    Units

  • 18

    Cities

1 Community in Montclair
Russo Development
Russo Development
  • 18

    Communities

  • 6,295

    Units

  • 13

    Cities

1 Community in Montclair
LCOR Inc.
LCOR Inc.
  • 19

    Communities

  • 5,766

    Units

  • 11

    Cities

1 Community in Montclair

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United States New Jersey Montclair 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 September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity