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Rental Market Trends in Oak Ridge, NJ

Updated August 2026

The average rent in Oak Ridge, NJ is $969/month.

Rent in Oak Ridge is 42% lower than the national average rent of $1,664/month, making this one of the less expensive cities statewide.

$969/month

Average Rent

0 Sq Ft

Average Size

+0.8%

Change / Year

4

Available Apartments

Oak Ridge rent varies by unit size and layout:

  • Studio apartments in Oak Ridge average per month.
  • One-bedroom apartments in Oak Ridge average $969 per month.
  • Two-bedroom apartments in Oak Ridge average $1,038 per month.
  • Three-bedroom apartments in Oak Ridge average $1,176 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$969/month
0 Sq Ft
Two Bedroom
$1,038/month
0 Sq Ft
Three Bedroom
$1,176/month
0 Sq Ft
View Oak Ridge Apartments

How much has average rent changed in Oak Ridge, NJ?

In the past year, rent has increased by 0.8%, which averages out to $8 more per month.

Market Trends Over Time

August 2026

2025 2026
Market Trends Over Time

Rent Ranges in Oak Ridge, NJ

August 2026
Below $701
Most rental prices fall within this range
Rent Ranges in Oak Ridge, NJ
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Oak Ridge is $969, you’ll want to make about $3,230 per month or $38,760 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

Oak Ridge, NJ

4 Available Apartments for Rent

Search for Nearby Apartments

How does Oak Ridge, NJ compare to other nearby cities and neighborhoods?

Use the tool below to compare Oak Ridge, 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 Oak Ridge Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Sparta

    Sparta

    Avg Rent: $2,061/month

  • Kinnelon

    Kinnelon

    Avg Rent: $2,070/month

  • Lake Hopatcong

    Lake Hopatcong

    Avg Rent: $2,470/month

  • Franklin

    Franklin

    Avg Rent: $951/month

Apartment Communities in Oak Ridge We Think You'll Love

32 Woodland Dr

32 Woodland Dr

32 Woodland Dr,
Jefferson, NJ 07438

1 Bed | $3,200

124 Union Valley Rd

124 Union Valley Rd

124 Union Valley Rd,
West Milford, NJ 07435

1 Bed | $2,350

24 Pine Hollow Ct

24 Pine Hollow Ct

24 Pine Hollow Ct,
Jefferson, NJ 07438

2 Beds | $2,750

27 Old Rte 23

27 Old Rte 23

27 Old Rte 23,
West Milford, NJ 07435

1 Bed | $1,730

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Frequently Asked Questions

What is the average rent in Oak Ridge?

The average rent in Oak Ridge is $969 per month, which is 41.8% lower than the national average of $1,664.

Are rents going up or down in Oak Ridge?

Rents in Oak Ridge, NJ are increasing, with prices up 0.8% year-over-year and $8 more per month.

United States New Jersey Oak Ridge 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 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