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Rental Market Trends in Montclair, NJ

What is the average rent in Montclair, NJ?

$2,402/month

Average Rent

626 Sq Ft

Average Apartment Size

+0.5%

Increase in the Last Year

As of April 2026, the average rent in Montclair, NJ is $2,402 per month. This is 46% higher than the national average rent price of $1,641/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 $2,042 per month for a studio, $2,402 for a one-bedroom apartment, and around $3,059 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,724 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,042/month
477 Sq Ft
One Bedroom
$2,402/month
626 Sq Ft
Two Bedroom
$3,059/month
1,048 Sq Ft
Three Bedroom
$3,724/month
1,491 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,953/month
66 Sq Ft
Three Bedroom
$4,095/month
110 Sq Ft
Four Bedroom
$6,230/month
340 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 0.5%, which averages out to $13 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Montclair, NJ
Last Updated April 2026
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
10% $1,001 - $1,500/month
20% $1,501 - $2,000/month
69% Above $2,000/month

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

Because the average rent in Montclair is $2,402, you’ll want to make about $8,006 per month or $96,072 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

391 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

Nearby City Rent Trends

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

Apartment communities in Montclair we think you'll love

Royal Bloomfield

Royal Bloomfield

620 Bloomfield Ave,
Bloomfield, NJ 07003

$2,437 - $7,003

Studio - 2 Beds

BELLCLAIRE, LLC

BELLCLAIRE, LLC

691 Bloomfield Ave,
Montclair, NJ 07042

$2,885

1 Bed

The Vestry

The Vestry

147 Bloomfield Ave,
Montclair, NJ 07042

$3,925

1 Bed

Clarus Glen Ridge

Clarus Glen Ridge

277 Baldwin St,
Glen Ridge, NJ 07028

$4,650

2 Beds

Property Management Companies in Montclair, NJ

Goldberg Realty Associates
Goldberg Realty Associates
  • 34

    Communities

  • 3,918

    Units

  • 26

    Cities

6 Communities in Montclair
Affiliated Management, Inc.
Affiliated Management, Inc.
  • 38

    Communities

  • 3,910

    Units

  • 29

    Cities

5 Communities in Montclair
Cammeby's
Cammeby's
  • 75

    Communities

  • 20,184

    Units

  • 52

    Cities

3 Communities in Montclair
Sparrow Asset Management
Sparrow Asset Management
  • 15

    Communities

  • 1,545

    Units

  • 14

    Cities

3 Communities in Montclair
Sterling Properties
Sterling Properties
  • 18

    Communities

  • 2,142

    Units

  • 17

    Cities

2 Communities in Montclair
Meli Companies
Meli Companies
  • 19

    Communities

  • 1,059

    Units

  • 14

    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
  • 24

    Communities

  • 5,800

    Units

  • 19

    Cities

1 Community in Montclair

Learn More with Helpful Articles

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Non-Monetary Factors to Consider When Renting or Buying a Home

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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 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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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity