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Rental Market Trends in Phillipsburg, NJ

What is the average rent in Phillipsburg, NJ?

$1,624/month

Average Rent

672 Sq Ft

Average Apartment Size

-0.4%

Decrease in the Last Year

Phillipsburg, NJ Rental Market Overview

The average rent in Phillipsburg, NJ is $1,624 per month. For comparison, the national average rent price in the US is currently $1,644/month, which means Phillipsburg rent prices are 1% lower than the national average.

  • Studio apartments in Phillipsburg average $759 per month.
  • One-bedroom apartments in Phillipsburg average $1,624 per month.
  • Two-bedroom apartments in Phillipsburg average $2,149 per month.
  • Three-bedroom apartments in Phillipsburg average $1,756 or more per month.

Data Updated: June, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$759/month
485 Sq Ft
One Bedroom
$1,624/month
672 Sq Ft
Two Bedroom
$2,149/month
1,048 Sq Ft
Three Bedroom
$1,756/month
849 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,164/month
883 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 Phillipsburg, NJ?

In the past year, rent has decreased by 0.4%, which averages out to $6 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Phillipsburg, NJ
Last Updated June 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Phillipsburg, NJ
Percentage*
Rent Range
0% Below $700/month
9% $700 - $1,000/month
27% $1,001 - $1,500/month
36% $1,501 - $2,000/month
27% Above $2,000/month

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

Because the average rent in Phillipsburg is $1,624, you’ll want to make about $5,413 per month or $64,956 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

Phillipsburg, NJ

103 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Phillipsburg, 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 Phillipsburg, NJ

Apartment Averages

Nearby City Rent Trends

  • Easton Average Rent

Apartment communities in Phillipsburg we think you'll love

The Seville Apartments

The Seville Apartments

56 N 3rd St,
Easton, PA 18042

$2,317 - $2,499

1-2 Beds

Warren Heights

Warren Heights

231 Windmill Ct,
Phillipsburg, NJ 08865

$1,910 - $2,635

1-2 Beds

Village Arms Apartments

Village Arms Apartments

461 Heckman St,
Phillipsburg, NJ 08865

$1,695 - $2,095

1-2 Beds

Brakeley Gardens

Brakeley Gardens

225 Red School Ln,
Phillipsburg, NJ 08865

$1,440 - $2,510

1-2 Beds

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United States New Jersey Phillipsburg 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