Royal Bloomfield
620 Bloomfield Ave,
Bloomfield, NJ 07003
$1,985 - $7,937
Studio - 2 Beds
Rental Market Trends in Montclair, NJ
What is the average rent in Montclair, NJ?
$2,418/month
Average Rent
627 Sq Ft
Average Apartment Size
+1.5%
Increase in the Last Year
As of March 2026, the average rent in Montclair, NJ is $2,418 per month. This is 49% higher than the national average rent price of $1,627/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 $2,052 per month for a studio, $2,418 for a one-bedroom apartment, and around $3,038 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,707 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 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 March 2026
Legend
2025
2026
Rent Ranges in Montclair, NJ
Last Updated March 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
2%
$700 - $1,000/month
10%
$1,001 - $1,500/month
20%
$1,501 - $2,000/month
69%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Montclair?
Based on current rent prices, Town Center Historic District is the most affordable neighborhood in Montclair.
Neighborhood
Average Rent
Average 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.
Neighborhood
Average Rent
Average Sq Ft
Which Montclair neighborhoods have the most rentals available?
The neighborhood in Montclair with the most apartments available is Town Center Historic District .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Montclair, NJ?
Because the average rent in Montclair is $2,418, you’ll want to make about $8,060 per month or $96,720 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 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.
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
Apartment communities in Montclair we think you'll love
Property Management Companies in Montclair, NJ
Goldberg Realty Associates
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33
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3,888
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26
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6 Communities in Montclair
Affiliated Management, Inc.
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37
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3,842
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30
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4 Communities in Montclair
Cammeby's
-
75
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20,184
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52
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3 Communities in Montclair
Sparrow Asset Management
-
12
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1,164
Units
-
11
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3 Communities in Montclair
Sterling Properties
-
18
Communities
-
2,142
Units
-
17
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2 Communities in Montclair
Meli Companies
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19
Communities
-
1,063
Units
-
17
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2 Communities in Montclair
Value Companies
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17
Communities
-
3,220
Units
-
12
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2 Communities in Montclair
Platinum Realty Management
-
24
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-
5,800
Units
-
19
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1 Community in Montclair
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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.
* Percentages may not total 100 due to rounding.