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Average Rent in Garfield, NJ

Home  »  NJ  »  Garfield

Current Versus Historical Garfield, NJ Rents

Garfield rentals average $0 for a studio rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $2,300, or roughly $0 per square feet.
For the apartment units and housing in May 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $111 (-5.41%) year-over-year from $2,048 to $1,938. 1-bedroom rentals prices have decreased by $6 (-0.34%) year-over-year from $1,731 to $1,725. 2-bedroom rentals prices have decreased by $335 (-13.21%) year-over-year from $2,535 to $2,200. 3-bedroom rentals prices have increased by $300 (12.24%) year-over-year from $2,450 to $2,750. 4-bedroom rentals prices have decreased by $158 (-5.96%) year-over-year from $2,658 to $2,500. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 0.52% this month. 1-bedroom rents have gone up by 2.99% this month. 2-bedroom rents have gone up by 1.54% this month. 3-bedroom rents have gone up by 0.30% this month. 4-bedroom rents have gone down by 19.35% this month.
Beds
Price / Sqft
 May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR N/A $1,725 $1,731 (-0.34%) $1,832 (-5.81%)
2 BR N/A $2,200 $2,535 (-13.21%) $2,092 (5.18%)
3 BR N/A $2,750 $2,450 (12.24%) $2,217 (24.06%)

Historical Rents in Garfield, NJ

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Garfield

There are a total of 1 cities nearby Garfield. The average rent in Garfield is currently $2,050 per month. Only one city nearby has an average rent lower than that. Our records show that Paterson, NJ, with an average rent of $2,050, is the most affordable city nearby. In contrast, the most expensive city near Garfield, NJ is Paterson, NJ. Monthly rents here are on average $2,050 per month.

Let's compare Garfield, NJ's rent against other top cities nearby by bedroom size. Typically, rent for studios in Garfield, NJ is inf% more affordable than other cities nearby. One bedrooms are about 5.56% more expensive. Two bedrooms in Garfield, NJ are about 11.36% more expensive. Finally, rent for three bedrooms are about 15.45% more expensive. Want more information? Check out the top 1 cities near Garfield, NJ in the following chart.
City Studio 1 Bed 2 Bed All
Paterson, NJ $1,900 $1,700 $1,950 $2,050

Top Neighborhoods Near Garfield



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Garfield



We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All

Top Zipcodes Near Garfield



You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All

Frequently Asked Questions - Garfield Average Rents

What is the average rent price in Garfield, NJ?
The average monthly rental price for Garfield, NJ apartments for rent is approximately $2,300. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Garfield, NJ rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Garfield, NJ.
How much is a studio apartment in Garfield, NJ?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 1 studio apartment listings currently available for rent in Garfield.
How much is a one bedroom apartment in Garfield, NJ?
The average monthly rental price for one bedroom apartments is $1,800 and an average price per square feet of $0. There are a total of 6 one bedroom apartment listings currently available for rent in Garfield.
How much is a two bedroom apartment in Garfield, NJ?
The average monthly rental price for two bedroom apartments is $2,200 and an average price per square feet of $0. There are a total of 24 two bedroom apartment listings currently available for rent in Garfield.
How have rent prices in Garfield, NJ changed this year?
Rent prices for rentals in Garfield, NJ can fluctuate yearly. Specifically, studio rental prices have changed by -0.05%, one bedroom rental prices have changed by 0.00%, two bedroom rental prices have changed by -0.13%, and three bedroom rental prices have changed by 0.12% year-over-year.
What is a reasonable rent price in Garfield, NJ?
A reasonable rent price in Garfield, NJ is around $1,840/month. You can search for these reasonably priced rental listings on RentHop.
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