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 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
HOUSES
TOWNHOUSES
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 type | Average 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.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $3,750 |
| 3 Bedrooms | $3,333 |
| 4 Bedrooms | — |
| All | $3,333 |
As of August 2026, the average rent for a 2 bedroom townhome in New Providence, NJ is $3,750 per month, followed by $3,333 for a 3 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $2,750 |
| 3 Bedrooms | $3,350 |
| 4 Bedrooms | — |
| All | $3,200 |
As of August 2026, the average rent for a 2 bedroom apartment in New Providence, NJ is $2,750 per month, followed by $3,350 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,600 |
| 2 Bedrooms | — |
| 3 Bedrooms | $6,800 |
| 4 Bedrooms | $4,800 |
| All | $4,800 |
As of August 2026, the average rent for a 1 bedroom house in New Providence, NJ is $1,600 per month, followed by $6,800 for a 3 bedroom house, and $4,800 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
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.