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Rental Market Trends in Pequannock, NJ

Updated August 2026

The average rent in Pequannock, NJ is $1,489/month.

Rent in Pequannock is roughly equal to the national average rent of of $1,664/month.

$1,489/month

Average Rent

770 Sq Ft

Average Size

+0.8%

Change / Year

5

Available Apartments

Pequannock rent varies by unit size and layout:

  • Studio apartments in Pequannock average per month.
  • One-bedroom apartments in Pequannock average $1,489 per month.
  • Two-bedroom apartments in Pequannock average per month.
  • Three-bedroom apartments in Pequannock average or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,489/month
770 Sq Ft
View Pequannock Apartments

How much has average rent changed in Pequannock, NJ?

In the past year, rent has increased by 0.8%, which averages out to $12 more per month.

Market Trends Over Time

August 2026

2025 2026
Market Trends Over Time

Rent Ranges in Pequannock, NJ

August 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Pequannock, NJ
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
100% $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 Pequannock, NJ?

Because the average rent in Pequannock is $1,489, you’ll want to make about $4,963 per month or $59,556 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

Pequannock, NJ

5 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Pequannock, 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.

Apartment Averages

Compare Rent Trends Nearby

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

  • Lincoln Park

    Lincoln Park

    Avg Rent: $2,369/month

  • Riverdale

    Riverdale

    Avg Rent: $2,432/month

  • Wayne

    Wayne

    Avg Rent: $2,172/month

  • Pompton Lakes

    Pompton Lakes

    Avg Rent: $2,248/month

  • Butler

    Butler

    Avg Rent: $1,938/month

Apartment Communities in Pequannock We Think You'll Love

11 Benjamin Pl

11 Benjamin Pl

11 Benjamin Pl,
Pequannock Township, NJ 07440

4 Beds | $5,800

19 Anthony Blvd

19 Anthony Blvd

19 Anthony Blvd,
Lincoln Park, NJ 07035

3 Beds | $3,400

19 Crescent Rd

19 Crescent Rd

19 Crescent Rd,
Wayne, NJ 07470

3 Beds | $3,750

105 Newark Pompton Turnpike

105 Newark Pompton Turnpike

105 Newark Pompton Turnpike,
Pequannock Township, NJ 07440

1 Bed | $2,000

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Frequently Asked Questions

What is the average rent in Pequannock?

The average rent in Pequannock is $1,489 per month, which is 10.5% lower than the national average of $1,664.

Are rents going up or down in Pequannock?

Rents in Pequannock, NJ are increasing, with prices up 0.8% year-over-year and $12 more per month.

What rent range is most common in Pequannock?

In Pequannock, NJ, 100% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States New Jersey Pequannock 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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© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity