Renaissance Plaza Square
1 Richmond St,
New Brunswick, NJ 08901
1-2 Beds | $2,968 - $6,928
Rental Market Trends in New Brunswick, NJ
Updated July 2026
The average rent in New Brunswick, NJ is $2,278/month.
Rent in New Brunswick is 37% higher than the national average rent of $1,662/month, making this one of the more expensive cities statewide.
$2,278/month
Average Rent
730 Sq Ft
Average Size
+4.5%
Change / Year
613
Available Apartments
New Brunswick rent varies by unit size and layout:
- Studio apartments in New Brunswick average $1,730 per month.
- One-bedroom apartments in New Brunswick average $2,278 per month.
- Two-bedroom apartments in New Brunswick average $2,932 per month.
- Three-bedroom apartments in New Brunswick average $4,018 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in New Brunswick, NJ?
In the past year, rent has increased by 4.5%, which averages out to $102 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in New Brunswick, NJ
July 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
21%
$1,001 - $1,500/month
18%
$1,501 - $2,000/month
62%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in New Brunswick?
Based on current rent prices, Downtown New Brunswick is the most affordable neighborhood in New Brunswick.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in New Brunswick?
Based on current rent prices, Downtown New Brunswick is the most expensive neighborhood in New Brunswick.
Neighborhood
Average Rent
Average Sq Ft
Which New Brunswick neighborhoods have the most rentals available?
The neighborhood in New Brunswick with the most apartments available is Downtown New Brunswick .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in New Brunswick, NJ?
Because the average rent in New Brunswick is $2,278, you’ll want to make about $7,593 per month or $91,116 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.
Cost of Living
The cost of living in New Brunswick, NJ is 18.1% higher than the national average. Generally, housing in New Brunswick is 46.8% more expensive than the national average, with rent falling between $1,730 - $4,018. You can expect to pay 3.2% more for groceries, 4.8% more for utilities, and 4.0% more for transportation.
How does New Brunswick, NJ compare to other nearby cities and neighborhoods?
Use the tool below to compare New Brunswick, 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.
View the New Brunswick Area GuideStudio
$1,823/month
$1,823/month
One Bedroom
$2,569/month
$2,569/month
Two Bedroom
$3,568/month
$3,568/month
Three Bedroom
$3,681/month
$3,681/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in New Brunswick We Think You'll Love
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Guides for Managing Your Rental
Frequently Asked Questions
What is the average rent in New Brunswick?
The average rent in New Brunswick is $2,278 per month, which is 37.1% higher than the national average of $1,662.
What is the average rent for a house in New Brunswick?
The average rent for a house in New Brunswick, NJ is $3,348 per month.
What is the average rent for a condo in New Brunswick?
The average rent for a condo in New Brunswick, NJ is $2,169 per month.
Are rents going up or down in New Brunswick?
Rents in New Brunswick, NJ are increasing, with prices up 4.5% year-over-year and $102 more per month.
What rent range is most common in New Brunswick?
In New Brunswick, NJ, 62% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.
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 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.