What's the average rent in New Providence, NJ?
Rental Market Trends in New Providence, NJ
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SOURCE: TRULIA DATA
Rental market highlights
As of July 2026, the average rent in New Providence, NJ is $3,700 per month, which is 90% higher than the national average rent of $1,951 per month.
AVERAGE RENT
$3,700
5.7%$200 increase month-over-month
-2.1%-$80 decrease year-over-year
AVAILABLE RENTALS
22
APARTMENTS
HOUSES
TOWNHOUSES
As of July 2026, apartments are the most affordable rental option in New Providence, NJ at $2,830 per month, while townhomes are the most expensive at $7,100 per month. Houses average $5,300 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,095 |
| 2 Bedrooms | $2,750 |
| 3 Bedrooms | $3,950 |
| 4 Bedrooms | $7,100 |
| All | $3,700 |
As of July 2026, the average rent for a 1 bedroom rental in New Providence, NJ is $2,095 per month, followed by $2,750 for a 2 bedroom rental, $3,950 for a 3 bedroom rental, and $7,100 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $3,700 |
| 3 Bedrooms | — |
| 4 Bedrooms | $7,100 |
| All | $7,100 |
As of July 2026, the average rent for a 2 bedroom townhome in New Providence, NJ is $3,700 per month, followed by $7,100 for a 4 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,095 |
| 2 Bedrooms | $2,900 |
| 3 Bedrooms | $3,950 |
| 4 Bedrooms | $7,200 |
| All | $3,195 |
As of July 2026, the average rent for a 1 bedroom apartment in New Providence, NJ is $2,095 per month, followed by $2,900 for a 2 bedroom apartment, $3,950 for a 3 bedroom apartment, and $7,200 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $3,950 |
| 4 Bedrooms | $5,900 |
| All | $5,300 |
As of July 2026, the average rent for a 3 bedroom house in New Providence, NJ is $3,950 per month, followed by $5,900 for a 4 bedroom house.
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
27% of rentals have rent of $2,200-$2,999/month
Rental price range
The price range for rentals is $1,950 to $7,750.
