How many apartments are available in New Brunswick, NJ on Rentable.co?

Rentable.co has over 1,411 apartments available in New Brunswick.

What is the average rent for a studio apartment in New Brunswick, NJ?

The average rent for a <a href='/new-brunswick-nj/studio-apartments-for-rent' >studio apartment</a> in New Brunswick is around $2,210 per month.

What is the average rent for a one-bedroom apartment in New Brunswick, NJ?

The average rent for a <a href='/new-brunswick-nj/1-bedroom-apartments-for-rent' >one-bedroom apartment</a> in New Brunswick is around $2,430 per month.

What is the average rent for a two-bedroom apartment in New Brunswick, NJ?

The average rent for a <a href='/new-brunswick-nj/2-bedroom-apartments-for-rent' >two-bedroom apartment</a> in New Brunswick is around $2,380 per month.

How expensive is it to rent an apartment in New Brunswick, NJ?

For a two-bedroom apartment in New Brunswick, the average rent price is $2,380 per month, which is higher than the national average of $1,620 per month.

Can I afford an apartment for rent in New Brunswick, NJ?

Based on average rent prices in New Brunswick, to afford a <a href='/new-brunswick-nj/studio-apartments-for-rent' >studio apartment</a> you would need an annual household income of $88,000 to live comfortably.

Apartments in Farrington Lake New Brunswick

New Brunswick:
May Rent Report

Welcome to the May 2024 New Brunswick Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the New Brunswick rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in New Brunswick and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of New Brunswick average rent prices in the chart below.

Monthly Rent Report

$2,650

$1,990

$1,330

$660

Jun. 2023

Jul. 2023

Aug. 2023

Sep. 2023

Oct. 2023

Nov. 2023

Dec. 2023

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

1 BR 2 BR

New Brunswick Rent Prices Increase From April to May

New Brunswick rent prices increased over the last month. From April to May, the city experienced a 3.44% increase for the price of a one-bedroom apartment. The rent price for a New Brunswick one-bedroom apartments currently stands at $2,195.0.

When we take a look at the two-bedroom comparison from April to May, New Brunswick experienced a 0.77% increase for the price of a two-bedroom apartment. The rent price for a New Brunswick two-bedroom apartments currently stands at $2,366.0.

May Prices: New Brunswick vs. Surrounding Areas

Rent Prices in New Brunswick and Surrounding Areas

Rent prices have increased in New Brunswick over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the New Brunswick suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rents did not increase in any of the New Brunswick suburbs
Rents did not decrease in any of the New Brunswick suburbs.

May 2024 Pricing Trends: New Brunswick vs. National Comparisons

New York, NY

San Francisco, CA

Washington, DC

Los Angeles, CA

Chicago, IL

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

$4,056

$3,039

$2,377

$2,336

$1,913

$1,300

$1,283

$1,178

$1,350

$2,700

$4,050

$5,400

Median Rent

New Brunswick Rent Prices More Affordable Than Major Cities

Rent growth in New Brunswick over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, New Brunswick average rent prices appear to be relatively affordable for local residents.

The price for a New Brunswick one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about New Brunswick and surrounding area rent prices, take a look at the complete data set below.

Data set for New Brunswick and suburbs

	1 BR May	1 BR M/M % Change	2 BR May	2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.