What's the average rent in Summit, NJ?

Rental Market Trends in Summit, NJ

SOURCE: TRULIA DATA

Rental market highlights

As of September 2026, the average rent in Summit, NJ is $2,950 per month, which is 51% higher than the national average rent of $1,948 per month.

AVERAGE RENT

$2,950

-3.8%-$115 decrease month-over-month

-3.9%-$120 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$3,250

HOUSES

$2,250

TOWNHOUSES

$3,750

As of September 2026, houses are the most affordable rental option in Summit, NJ at $2,250 per month, while townhomes are the most expensive at $3,750 per month. Apartments average $3,250 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$2,475
2 Bedrooms	$2,995
3 Bedrooms	$3,750
4 Bedrooms	$3,850
All	$2,950

As of September 2026, the average rent for a 1 bedroom rental in Summit, NJ is $2,475 per month, followed by $2,995 for a 2 bedroom rental, $3,750 for a 3 bedroom rental, and $3,850 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$3,200
2 Bedrooms	$3,250
3 Bedrooms	$3,750
4 Bedrooms	—
All	$3,750

As of September 2026, the average rent for a 1 bedroom townhome in Summit, NJ is $3,200 per month, followed by $3,250 for a 2 bedroom townhome, and $3,750 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$2,475
2 Bedrooms	$2,850
3 Bedrooms	$7,800
4 Bedrooms	$3,850
All	$2,800

As of September 2026, the average rent for a 1 bedroom apartment in Summit, NJ is $2,475 per month, followed by $2,850 for a 2 bedroom apartment, $7,800 for a 3 bedroom apartment, and $3,850 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$2,250
2 Bedrooms	—
3 Bedrooms	$4,500
4 Bedrooms	$6,300
All	$2,250

As of September 2026, the average rent for a 1 bedroom house in Summit, NJ is $2,250 per month, followed by $4,500 for a 3 bedroom house, and $6,300 for a 4 bedroom house.