New York-Newark-Jersey City, NY-NJ
N/A transactions last 30d
6.74%
gross yield
$3,400
Median rent
$628,332
Avg home value
N/A
30d transactions
Market data updated Jul 1, 2026
New Jersey Average Rent & Rental Yield
Screen New Jersey rental return signals with average asking rent (median), gross rental yield, home value, and transaction activity. Use this page as a market-level starting point before underwriting individual properties, operators, or borrower prospects.
7.21%
Gross Rental Yield
$3,000
Median Rent
$537,032
Avg Home Value
N/A
Transactions (30d)
Average rent in New Jersey
The median asking rent in New Jersey is $3,000 as of July 2026, based on active rental listings statewide. We report the median — the midpoint of asking rents — because it tracks the typical listing more reliably than a simple average, which luxury and outlier listings can skew.
Against an average home value of $537,032, that rent level prices New Jersey at a 7.21% gross rental yield. Rent and yield vary widely by metro — use the metro breakdown below to compare individual New Jersey markets.
Rental yield snapshot for New Jersey
Gross rental yield is a first-pass market screen. It does not include taxes, insurance, repairs, vacancies, financing, or property-level operating differences. Pair it with observed transaction activity before choosing where to prospect.
N/A
Median Sale Price
N/A
Active Listings
N/A
Avg Days on Market
N/A
Months of Supply
N/A
Price Reduced
Jul 1, 2026
Market Data Date
Metro market heatmap
Featured metros combine the largest New Jersey markets by transaction activity with the highest gross-yield markets, so both demand centers and return outliers stay visible in one screen.
New Jersey metro market heatmap
Each metro tile shows rent, value, transaction context, and a direct path into the Rental Insights workflow.
Under 5.5%5.5% to <6.5%6.5% to <7.5%7.5%+
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
N/A transactions last 30d
9.72%
gross yield
$2,700
Median rent
$324,431
Avg home value
N/A
30d transactions
Atlantic City-Hammonton, NJ
N/A transactions last 30d
8.87%
gross yield
$2,750
Median rent
$382,037
Avg home value
N/A
30d transactions
Trenton-Princeton, NJ
N/A transactions last 30d
9.84%
gross yield
$2,600
Median rent
$316,523
Avg home value
N/A
30d transactions
Vineland, NJ
N/A transactions last 30d
11.78%
gross yield
$2,100
Median rent
$201,030
Avg home value
N/A
30d transactions
Allentown-Bethlehem-Easton, PA-NJ
N/A transactions last 30d
9.18%
gross yield
$2,350
Median rent
$300,553
Avg home value
N/A
30d transactions
Metro
Gross Yield
Median Rent
Avg Home Value
30d Transactions
New York-Newark-Jersey City, NY-NJ
NJ
6.74%
$3,400
$628,332
N/A
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
NJ
9.72%
$2,700
$324,431
N/A
Atlantic City-Hammonton, NJ
NJ
8.87%
$2,750
$382,037
N/A
Trenton-Princeton, NJ
NJ
9.84%
$2,600
$316,523
N/A
Vineland, NJ
NJ
11.78%
$2,100
$201,030
N/A
Allentown-Bethlehem-Easton, PA-NJ
NJ
9.18%
$2,350
$300,553
N/A
All New Jersey rental markets
Average rent and rental yield reports for every covered New Jersey metro (3 markets).
- Atlantic City-Hammonton, NJ8.87% yield
- Trenton-Princeton, NJ9.84% yield
- Vineland, NJ11.78% yield
Turn New Jersey rental signals into a target list
Use yield context to prioritize a market, then move into rental listings, active investors, borrower prospects, or a custom data pull for your team.