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Rental Market Trends in Randolph, NJ

Updated July 2026

The average rent in Randolph, NJ is $2,045/month.

Rent in Randolph is 23% higher than the national average rent of $1,663/month, making this one of the more expensive cities statewide.

$2,045/month

Average Rent

676 Sq Ft

Average Size

+0.5%

Change / Year

259

Available Apartments

Randolph rent varies by unit size and layout:

  • Studio apartments in Randolph average per month.
  • One-bedroom apartments in Randolph average $2,045 per month.
  • Two-bedroom apartments in Randolph average $2,968 per month.
  • Three-bedroom apartments in Randolph average $3,451 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$2,045/month
676 Sq Ft
Two Bedroom
$2,968/month
940 Sq Ft
Three Bedroom
$3,451/month
1,435 Sq Ft
View Randolph Apartments

How much has average rent changed in Randolph, NJ?

In the past year, rent has increased by 0.5%, which averages out to $10 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Randolph, NJ

July 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Randolph, NJ
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
25% $1,501 - $2,000/month
75% Above $2,000/month

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

Because the average rent in Randolph is $2,045, you’ll want to make about $6,816 per month or $81,792 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

Randolph, NJ

259 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Randolph, 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 Randolph Area Guide

Apartment Averages

Apartment Communities in Randolph We Think You'll Love

Gateways at Randolph

Gateways at Randolph

44 Center Grove Rd,
Randolph, NJ 07869

1-2 Beds | $1,895 - $3,450

Dover Hills Apartments

Dover Hills Apartments

99-120 1st St,
Dover, NJ 07801

1-2 Beds | $1,700 - $2,400

Woodbrook at Randolph

Woodbrook at Randolph

8000 Crescent Cir,
Randolph, NJ 07869

1-3 Beds | $2,840 - $4,835

The Point at Gateways

The Point at Gateways

44-66 Center Grove Rd,
Randolph, NJ 07869

2 Beds | $3,300 - $4,395

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Frequently Asked Questions

What is the average rent in Randolph?

The average rent in Randolph is $2,045 per month, which is 23.0% higher than the national average of $1,663.

Are rents going up or down in Randolph?

Rents in Randolph, NJ are increasing, with prices up 0.5% year-over-year and $10 more per month.

What rent range is most common in Randolph?

In Randolph, NJ, 75% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

United States New Jersey Randolph 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