What's the average rent in New Providence, NJ?

Rental Market Trends in New Providence, NJ

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in New Providence, NJ is $3,350 per month, which is 71% higher than the national average rent of $1,962 per month.

AVERAGE RENT

$3,350
-9.5%
-$350 decrease month-over-month
-6.9%
-$250 decrease year-over-year

AVAILABLE RENTALS

18

APARTMENTS

$3,018

HOUSES

$4,800

TOWNHOUSES

$3,333
As of August 2026, apartments are the most affordable rental option in New Providence, NJ at $3,018 per month, while houses are the most expensive at $4,800 per month. Townhomes average $3,333 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$2,113
2 Bedrooms$2,750
3 Bedrooms$4,199
4 Bedrooms$4,800
All$3,350
As of August 2026, the average rent for a 1 bedroom rental in New Providence, NJ is $2,113 per month, followed by $2,750 for a 2 bedroom rental, $4,199 for a 3 bedroom rental, and $4,800 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -1% compared to the previous year, which is a $50 decrease.
This year (2026)
Last year (2025)

Rent distribution

35% of rentals have rent of $3,000-$3,799/month

Rental price range

The price range for rentals is $1,600 to $7,000.
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