Most Expensive Places To Rent In NJ: Some Pay Over $3K Per Month

NEW JERSEY — Renters in some New Jersey towns pay more than $3,000 a month for housing, according to newly-released data from the U.S. Census.

The 2022 American Community Survey includes town-by-town information on renting, showing where people in each state pay the most and least for their rental bills each month.

Patch crunched the numbers to find where renters are paying the most around the Garden State, and found the highest costs are concentrated in North Jersey and northern Shore communities.

Overall in New Jersey, the median gross rent amount (contracted rent plus the estimated average monthly utility and fuel costs) is $1,555, Census data shows. That is higher than the national average of $1,300.

The below numbers represent the median gross rent in these communities in 2021, based on the most recent Census data.

Here are the 20 most expensive places to rent in New Jersey:

1. Demarest Borough (Bergen County): $3,501
2. Shrewsbury Borough (Monmouth County): $3,403
3. Short Hills (Essex County): $3,279
4. Harrington Park (Bergen County): $3,188
5. Liberty Corner (Somerset County): $3,075
6. Oakhurst (Monmouth County): $3,068
7. Packanack Lake (Passaic County): $3,059
8. Finesville* (Warren County): $3,050
9. Pompton Plains (Morris County): $2,987
10. Tenafly Borough (Bergen County): $2,985
11. Mountainside Borough (Union County) $2,926
12. Franklin Lakes Borough (Bergen County): $2,866
13. Troy Hills (Morris County): $2,820
14. Cedar Knolls (Morris County): $2,790
15. Ho-Ho-Kus Borough (Bergen County): $2,773
16. Blackwells Mills (Somerset County): $2,697
17. Cliffwood Beach (Monmouth County) $2,640
18. Oceanport Borough (Monmouth County): $2,639
19. Florham Park Borough (Morris County): $2,632
20. Ten Mile Run (Somerset County): $2,605

* had a large margin of error in the data

The American Community Survey provides a wide range of data on people and housing — including education, commuting, employment, mortgage status and rent, income, poverty, languages spoken at home, and health insurance coverage.

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