What's the average rent in Summit, NJ?

Rental Market Trends in Summit, NJ

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SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Summit, NJ is $3,300 per month, which is 73% higher than the national average rent of $1,910 per month.

AVERAGE RENT

$3,300

10.0%$300 increase month-over-month

6.5%$200 increase year-over-year

AVAILABLE RENTALS

APARTMENTS

$2,798

HOUSES

$5,600

TOWNHOUSES

$5,250

As of May 2026, apartments are the most affordable rental option in Summit, NJ at $2,798 per month, while houses are the most expensive at $5,600 per month. Townhomes average $5,250 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$2,100
2 Bedrooms	$2,995
3 Bedrooms	$5,250
4 Bedrooms	$3,800
All	$3,000

As of May 2026, the average rent for a 1 bedroom rental in Summit, NJ is $2,100 per month, followed by $2,995 for a 2 bedroom rental, $5,250 for a 3 bedroom rental, and $3,800 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$3,100
3 Bedrooms	$6,800
4 Bedrooms	$3,800
All	$5,250

As of May 2026, the average rent for a 2 bedroom townhome in Summit, NJ is $3,100 per month, followed by $6,800 for a 3 bedroom townhome, and $3,800 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$2,100
2 Bedrooms	$2,700
3 Bedrooms	$3,500
4 Bedrooms	$3,950
All	$2,800

As of May 2026, the average rent for a 1 bedroom apartment in Summit, NJ is $2,100 per month, followed by $2,700 for a 2 bedroom apartment, $3,500 for a 3 bedroom apartment, and $3,950 for a 4 bedroom apartment.