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Rental Market Trends in Wayne, NJ

What is the average rent in Wayne, NJ?

$2,177/month

Average Rent

796 Sq Ft

Average Apartment Size

-4%

Decrease in the Last Year

Wayne, NJ Rental Market Overview

The average rent in Wayne, NJ is $2,177 per month. This is 32% higher than the national average rent price of $1,644/month, making Wayne one of the most expensive cities in the US.

  • Studio apartments in Wayne average $2,448 per month.
  • One-bedroom apartments in Wayne average $2,177 per month.
  • Two-bedroom apartments in Wayne average $2,915 per month.
  • Three-bedroom apartments in Wayne average $5,290 or more per month.

Data Updated: June, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,448/month
555 Sq Ft
One Bedroom
$2,177/month
796 Sq Ft
Two Bedroom
$2,915/month
1,077 Sq Ft
Three Bedroom
$5,290/month
1,928 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,583/month
325 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 Wayne, NJ?

In the past year, rent has decreased by 4%, which averages out to $86 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 Wayne, NJ
Last Updated June 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Wayne, NJ
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
12% $1,501 - $2,000/month
88% Above $2,000/month

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

Because the average rent in Wayne is $2,177, you’ll want to make about $7,256 per month or $87,072 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

Wayne, NJ

368 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Wayne, 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 Wayne, NJ

Apartment Averages

Apartment communities in Wayne we think you'll love

Berdan Court

Berdan Court

2 Hazen Ct,
Wayne, NJ 07470

$2,395 - $2,795

1-2 Beds

Avalon Wayne

Avalon Wayne

1453 Valley Rd,
Wayne, NJ 07470

$2,400 - $4,830

Studio - 3 Beds

Lakeside Residence

Lakeside Residence

21 Lakeside Ave,
Pompton Lakes, NJ 07442

$2,350 - $2,975

1-2 Beds

Citizen Little Falls Apartments

Citizen Little Falls Apartments

405 Main St,
Little Falls, NJ 07424

$2,780 - $3,985

1-2 Beds

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United States New Jersey Wayne 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