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Rental Market Trends in Montclair, NJ

What is the average rent in Montclair, NJ?

$2,349/month

Average Rent

634 Sq Ft

Average Apartment Size

+0.4%

Increase in the Last Year

As of July 2025, the average rent in Montclair, NJ is $2,349 per month. This is 43% higher than the national average rent price of $1,637/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 $1,984 per month for a studio, $2,349 for a one-bedroom apartment, and around $2,984 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,628 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,984/month
452 Sq Ft
One Bedroom
$2,349/month
634 Sq Ft
Two Bedroom
$2,984/month
1,027 Sq Ft
Three Bedroom
$3,628/month
1,493 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$3,400/month
170 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 0.4%, which averages out to $9 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 July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Montclair, NJ
Last Updated July 2025
Above $2,000
Most rental prices fall within this range
Rent Ranges in Montclair, NJ
Percentage*
Rent Range
0% Below $700/month
2% $700 - $1,000/month
14% $1,001 - $1,500/month
18% $1,501 - $2,000/month
66% Above $2,000/month

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, Pine Street Historic District and Town Center Historic District" are the most affordable neighborhoods in Montclair.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Pine Street Historic District
$2,856/month
703 Sq Ft
Town Center Historic District
$3,079/month
698 Sq Ft

What are the most expensive neighborhoods in Montclair?

Based on current rent prices, Town Center Historic District and Pine Street Historic District" are the most expensive neighborhoods in Montclair.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Town Center Historic District
$3,079/month
698 Sq Ft
Pine Street Historic District
$2,856/month
703 Sq Ft

Which Montclair neighborhoods have the most rentals available?

The neighborhoods in Montclair with the most apartments available are Town Center Historic District and Pine Street Historic District" .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Town Center Historic District
$3,079/month
698 Sq Ft
Pine Street Historic District
$2,856/month
703 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 $2,349, you’ll want to make about $7,830 per month or $93,960 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

250 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

Pine Street 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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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

Montclair Gardens

Montclair Gardens

39-41 N Fullerton Ave,
Montclair, NJ 07042

1-2 Beds | $2,575 - $2,995

THE VESTRY

THE VESTRY

147 Bloomfield Ave,
Montclair, NJ 07042

1 Bed | $3,000

BELLCLAIRE, LLC

BELLCLAIRE, LLC

691 Bloomfield Ave,
Montclair, NJ 07042

1 Bed | $2,835

Clarus Glen Ridge

Clarus Glen Ridge

277 Baldwin St,
Glen Ridge, NJ 07028

1-2 Beds | $3,150 - $4,600

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
  • 17

    Communities

  • 1,842

    Units

  • 16

    Cities

2 Communities in Montclair
Value Companies
Value Companies
  • 17

    Communities

  • 3,330

    Units

  • 12

    Cities

2 Communities in Montclair
Bozzuto
Bozzuto
  • 390

    Communities

  • 117,917

    Units

  • 156

    Cities

1 Community in Montclair
Platinum Realty Management
Platinum Realty Management
  • 23

    Communities

  • 5,640

    Units

  • 18

    Cities

1 Community in Montclair
LCOR Inc.
LCOR Inc.
  • 21

    Communities

  • 6,670

    Units

  • 13

    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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity