What's the average rent in Summit, NJ?

Rental Market Trends in Summit, NJ

SOURCE: TRULIA DATA

Rental market highlights

As of November 2026, the average rent in Summit, NJ is $3,000 per month, which is 55% higher than the national average rent of $1,932 per month.

AVERAGE RENT

$3,000

5.7%$163 increase month-over-month

0.0%No change year over year

AVAILABLE RENTALS

APARTMENTS

$2,700

HOUSES

$4,500

TOWNHOUSES

$3,650

As of November 2026, apartments are the most affordable rental option in Summit, NJ at $2,700 per month, while houses are the most expensive at $4,500 per month. Townhomes average $3,650 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$2,600
2 Bedrooms	$3,000
3 Bedrooms	$4,390
4 Bedrooms	$3,700
All	$3,000

As of November 2026, the average rent for a 1 bedroom rental in Summit, NJ is $2,600 per month, followed by $3,000 for a 2 bedroom rental, $4,390 for a 3 bedroom rental, and $3,700 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$3,200
2 Bedrooms	$3,650
3 Bedrooms	$6,300
4 Bedrooms	—
All	$3,650

As of November 2026, the average rent for a 1 bedroom townhome in Summit, NJ is $3,200 per month, followed by $3,650 for a 2 bedroom townhome, and $6,300 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$2,750
2 Bedrooms	$2,800
3 Bedrooms	$3,975
4 Bedrooms	$3,700
All	$2,800

As of November 2026, the average rent for a 1 bedroom apartment in Summit, NJ is $2,750 per month, followed by $2,800 for a 2 bedroom apartment, $3,975 for a 3 bedroom apartment, and $3,700 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$2,850
3 Bedrooms	$3,900
4 Bedrooms	$7,500
All	$4,500

As of November 2026, the average rent for a 2 bedroom house in Summit, NJ is $2,850 per month, followed by $3,900 for a 3 bedroom house, and $7,500 for a 4 bedroom house.