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Rental Market Trends in Wayne, NJ

Updated July 2026

The average rent in Wayne, NJ is $2,178/month.

Rent in Wayne is 31% higher than the national average rent of $1,663/month, making this one of the more expensive cities statewide.

$2,178/month

Average Rent

796 Sq Ft

Average Size

-2%

Change / Year

360

Available Apartments

Wayne rent varies by unit size and layout:

  • Studio apartments in Wayne average $2,401 per month.
  • One-bedroom apartments in Wayne average $2,178 per month.
  • Two-bedroom apartments in Wayne average $2,922 per month.
  • Three-bedroom apartments in Wayne average $5,469 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$2,401/month
555 Sq Ft
One Bedroom
$2,178/month
796 Sq Ft
Two Bedroom
$2,922/month
1,077 Sq Ft
Three Bedroom
$5,469/month
1,928 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$4,116/month
570 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$2,356/month
310 Sq Ft
Two Bedroom
$2,995/month
308 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$3,784/month
960 Sq Ft
View Wayne Apartments

How much has average rent changed in Wayne, NJ?

In the past year, rent has decreased by 2%, which averages out to $42 less per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Wayne, NJ

July 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 $2,178, you’ll want to make about $7,260 per month or $87,120 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

360 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.

View the Wayne Area Guide

Apartment Averages

Apartment Communities in Wayne We Think You'll Love

Berdan Court

Berdan Court

2 Hazen Ct,
Wayne, NJ 07470

1-2 Beds | $2,195 - $2,795

Avalon Wayne

Avalon Wayne

1453 Valley Rd,
Wayne, NJ 07470

Studio - 3 Beds | $2,350 - $5,025

Beaver Brook Gardens

Beaver Brook Gardens

209 Comly Rd,
Lincoln Park, NJ 07035

1 Bed | $2,028 - $2,490

Lakeside Residence

Lakeside Residence

21 Lakeside Ave,
Pompton Lakes, NJ 07442

1-2 Beds | $2,250 - $2,900

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Frequently Asked Questions

What is the average rent in Wayne?

The average rent in Wayne is $2,178 per month, which is 31.0% higher than the national average of $1,663.

What is the average rent for a house in Wayne?

The average rent for a house in Wayne, NJ is $4,116 per month.

What is the average rent for a townhome in Wayne?

The average rent for a townhome in Wayne, NJ is $3,784 per month.

What is the average rent for a condo in Wayne?

The average rent for a condo in Wayne, NJ is $2,356 per month.

Are rents going up or down in Wayne?

Rents in Wayne, NJ are decreasing, with prices down 2.0% year-over-year and $42 less per month.

What rent range is most common in Wayne?

In Wayne, NJ, 88% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

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