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Rental Market Trends in Phillipsburg, NJ

Updated July 2026

The average rent in Phillipsburg, NJ is $1,646/month.

Rent in Phillipsburg is roughly equal to the national average rent of of $1,663/month.

$1,646/month

Average Rent

672 Sq Ft

Average Size

-3.6%

Change / Year

97

Available Apartments

Phillipsburg rent varies by unit size and layout:

  • Studio apartments in Phillipsburg average $761 per month.
  • One-bedroom apartments in Phillipsburg average $1,646 per month.
  • Two-bedroom apartments in Phillipsburg average $2,156 per month.
  • Three-bedroom apartments in Phillipsburg average $1,768 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$761/month
485 Sq Ft
One Bedroom
$1,646/month
672 Sq Ft
Two Bedroom
$2,156/month
1,048 Sq Ft
Three Bedroom
$1,768/month
849 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$2,187/month
956 Sq Ft
View Phillipsburg Apartments

How much has average rent changed in Phillipsburg, NJ?

In the past year, rent has decreased by 3.6%, which averages out to $59 less per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Phillipsburg, NJ

July 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 $1,646, you’ll want to make about $5,486 per month or $65,832 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

97 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.

View the Phillipsburg Area Guide

Apartment Averages

Compare Rent Trends Nearby

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

  • Easton

    Easton

Apartment Communities in Phillipsburg We Think You'll Love

The Seville Apartments

The Seville Apartments

56 N 3rd St,
Easton, PA 18042

1-2 Beds | $2,321 - $2,546

Warren Heights

Warren Heights

231 Windmill Ct,
Phillipsburg, NJ 08865

1-2 Beds | $1,910 - $2,635

Village Arms Apartments

Village Arms Apartments

461 Heckman St,
Phillipsburg, NJ 08865

1 Bed | $1,695 - $1,995

Brakeley Gardens

Brakeley Gardens

225 Red School Ln,
Phillipsburg, NJ 08865

1-2 Beds | $1,500 - $2,570

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Frequently Asked Questions

What is the average rent in Phillipsburg?

The average rent in Phillipsburg is $1,646 per month, which is 1.0% lower than the national average of $1,663.

What is the average rent for a house in Phillipsburg?

The average rent for a house in Phillipsburg, NJ is $2,187 per month.

Are rents going up or down in Phillipsburg?

Rents in Phillipsburg, NJ are decreasing, with prices down 3.6% year-over-year and $59 less per month.

What rent range is most common in Phillipsburg?

In Phillipsburg, NJ, 36% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

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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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity