Renaissance Plaza Square
1 Richmond St,
New Brunswick, NJ 08901
$2,597 - $5,432
1-2 Beds
$2,212/month
Average Rent
730 Sq Ft
Average Apartment Size
+1.6%
Increase in the Last Year
New Brunswick, NJ Rental Market Overview
The average rent in New Brunswick, NJ is $2,212 per month. This is 35% higher than the national average rent price of $1,644/month, making New Brunswick one of the most expensive cities in the US.
In the past year, rent has increased by 1.6%, which averages out to $36 more per month.
Based on current rent prices, Downtown New Brunswick is the most affordable neighborhood in New Brunswick.
Based on current rent prices, Downtown New Brunswick is the most expensive neighborhood in New Brunswick.
The neighborhood in New Brunswick with the most apartments available is Downtown New Brunswick .
Because the average rent in New Brunswick is $2,212, you’ll want to make about $7,373 per month or $88,476 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.
The cost of living in New Brunswick, NJ is 17.7% higher than the national average. Generally, housing in New Brunswick is 48.1% more expensive than the national average, with rent falling between $1,697 - $3,890. You can expect to pay 1.7% more for groceries, 3.1% more for utilities, and 5.0% more for transportation.
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.
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† 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.