What's the average rent in Summit, NJ?

Rental Market Trends in Summit, NJ

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Summit, NJ is $2,900 per month, which is 48% higher than the national average rent of $1,965 per month.

AVERAGE RENT

$2,900

3.6%$100 increase month-over-month

-12.1%-$400 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$3,005

HOUSES

$6,000

TOWNHOUSES

$3,600

As of August 2026, apartments are the most affordable rental option in Summit, NJ at $3,005 per month, while houses are the most expensive at $6,000 per month. Townhomes average $3,600 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$2,195
2 Bedrooms	$2,855
3 Bedrooms	$4,275
4 Bedrooms	$5,250
All	$2,900

As of August 2026, the average rent for a 1 bedroom rental in Summit, NJ is $2,195 per month, followed by $2,855 for a 2 bedroom rental, $4,275 for a 3 bedroom rental, and $5,250 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$2,683
2 Bedrooms	—
3 Bedrooms	$3,600
4 Bedrooms	$7,400
All	$3,600

As of August 2026, the average rent for a 1 bedroom townhome in Summit, NJ is $2,683 per month, followed by $3,600 for a 3 bedroom townhome, and $7,400 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$2,100
2 Bedrooms	$2,750
3 Bedrooms	$4,750
4 Bedrooms	$4,500
All	$2,600

As of August 2026, the average rent for a 1 bedroom apartment in Summit, NJ is $2,100 per month, followed by $2,750 for a 2 bedroom apartment, $4,750 for a 3 bedroom apartment, and $4,500 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$2,250
2 Bedrooms	—
3 Bedrooms	$7,300
4 Bedrooms	$5,400
All	$6,000

As of August 2026, the average rent for a 1 bedroom house in Summit, NJ is $2,250 per month, followed by $7,300 for a 3 bedroom house, and $5,400 for a 4 bedroom house.