What's the average rent in Chatham, NJ?

Rental Market Trends in Chatham, NJ

SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Chatham, NJ is $3,118 per month, which is 63% higher than the national average rent of $1,910 per month.

AVERAGE RENT

$3,118
7.2%
$210 increase month-over-month
22.3%
$568 increase year-over-year

AVAILABLE RENTALS

16

APARTMENTS

$2,678

HOUSES

$6,500

TOWNHOUSES

$3,750
As of May 2026, apartments are the most affordable rental option in Chatham, NJ at $2,678 per month, while houses are the most expensive at $6,500 per month. Townhomes average $3,750 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$2,000
2 Bedrooms$3,362
3 Bedrooms$4,600
4 Bedrooms$6,750
All$2,992
As of May 2026, the average rent for a 1 bedroom rental in Chatham, NJ is $2,000 per month, followed by $3,362 for a 2 bedroom rental, $4,600 for a 3 bedroom rental, and $6,750 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has increased by +2% compared to the previous year, which is a +$66 increase.
This year (2026)
Last year (2025)

Rent distribution

42% of rentals have rent of $1,500-$2,199/month

Rental price range

The price range for rentals is $2,000 to $6,750.
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