Average Rent in Montgomery, NJ

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Current Versus Historical Montgomery, NJ Rents

Montgomery rentals average $3,500 for a 2-bedroom rental to $6,300 for a 4-bedroom rental. The median price of all currently available listings is $3,800, or roughly $26 per square feet.

For the apartment units and housing in June 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $241 (7.62%) year-over-year from $3,159 to $3,400. 1-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $2,229 to $2,229. 2-bedroom rentals prices have increased by $96 (2.82%) year-over-year from $3,404 to $3,500. 3-bedroom rentals prices have decreased by $329 (-8.38%) year-over-year from $3,929 to $3,600. 4-bedroom rentals prices have increased by $775 (14.03%) year-over-year from $5,525 to $6,300. 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 down by 0.00% this month. 1-bedroom rents have gone down by 0.00% this month. 2-bedroom rents have gone down by 2.78% this month. 3-bedroom rents have gone up by 0.47% this month. 4-bedroom rents have gone up by 10.13% this month.

Beds	Price / Sqft	Jun 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
2 BR	$25.70	$3,500	$3,404 (2.82%)	$3,300 (6.06%)
3 BR	$26.73	$3,600	$3,929 (-8.38%)	$3,867 (-6.90%)
4+ BR	$26.69	$6,300	$5,525 (14.03%)	$5,689 (10.74%)

Historical Rents in Montgomery, NJ

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Montgomery

There are a total of 1 cities nearby Montgomery. The average rent in Montgomery is currently $2,800 per month. Only one city nearby has an average rent lower than that. Our records show that New Brunswick, NJ, with an average rent of $2,800, is the most affordable city nearby. In contrast, the most expensive city near Montgomery, NJ is New Brunswick, NJ. Monthly rents here are on average $2,800 per month.

Let's compare Montgomery, NJ's rent against other top cities nearby by bedroom size. Two bedrooms in Montgomery, NJ are about 22.14% more expensive. Finally, rent for three bedrooms are about 12.57% more expensive. Want more information? Check out the top 1 cities near Montgomery, NJ in the following table.

City	Studio	1 Bed	2 Bed	All
New Brunswick, NJ	$1,895	$1,995	$2,725	$2,800

Top Neighborhoods Near Montgomery

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Montgomery

There are a total of 3 counties located by Montgomery, NJ. Some of these counties include Mercer, NJ, Middlesex, NJ, and Somerset, NJ. The average rent for rentals in these counties is $2,750. That's roughly around $26 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Mercer, NJ. Its average rent per month is $2,600. Vice versa, with an average rent of $3,000, Somerset, NJ is the most expensive county by Montgomery, NJ.

Rent for two bedrooms in Montgomery, NJ is 28.57% more expensive than other counties nearby. We've listed all of these counties in the table below.

County	Studio	1 Bed	2 Bed	All
Mercer, NJ	$1,200	$1,850	$2,400	$2,600
Middlesex, NJ	$1,550	$1,900	$2,500	$2,750
Somerset, NJ	N/A	$2,250	$2,600	$3,000

Top Zipcodes Near Montgomery

There are a total of 3 zipcodes in or near Montgomery, NJ. The average rent for all of these zipcodes is $2,800. A total of 3 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 08831, Middlesex County, NJ at $2,600 per month. In comparison, the zipcode with the most expensive average rent of $3,800 per month is 08540, Mercer County, NJ.

Studios in these zipcodes have an average rent of $1,895. That's at least $60 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Montgomery, NJ is $1,995 per month. Or in other words, $28 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,725 per month. Which comes out to $28 per sqft. The following table includes the top 3 zipcodes in Montgomery, NJ. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
08540, Mercer County, NJ	$1,900	$2,500	$3,150	$3,800
08831, Middlesex County, NJ	$1,550	$1,800	$2,600	$2,600
08901, New Brunswick, NJ	$1,895	$1,995	$2,725	$2,800

Frequently Asked Questions - Montgomery Average Rents

What is the average rent price in Montgomery, NJ?

The average monthly rental price for Montgomery, NJ apartments for rent is approximately $3,800. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Montgomery, 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 Montgomery, NJ.

How much is a two bedroom apartment in Montgomery, NJ?

The average monthly rental price for two bedroom apartments is $3,500 and an average price per square feet of $25.70. There are a total of 3 two bedroom apartment listings currently available for rent in Montgomery.

How have rent prices in Montgomery, NJ changed this year?

Rent prices for rentals in Montgomery, NJ can fluctuate yearly. Specifically, studio rental prices have changed by 0.08%, one bedroom rental prices have changed by 0.00%, two bedroom rental prices have changed by 0.03%, three bedroom rental prices have changed by -0.08% year-over-year.

What is a reasonable rent price in Montgomery, NJ?

A reasonable rent price in Montgomery, NJ is around $3,040/month. You can search for these reasonably priced rental listings on RentHop.