Summit, NJ rental market

What is the average rent in Summit, NJ?

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Last updated January 20, 2026

Rental market summary

The average rent for all bedrooms and all property types in Summit, NJ is $3,500.

Average rent

$3,500

Month-over-month change

$0

Year-over-year change

+$400

Available rentals

64

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,595 to $11,000.

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Rent frequencies
Rent priceNumber of rental properties
$1,6001
$1,9003
$2,0001
$2,1002
$2,2002
$2,3003
$2,4003
$2,5002
$2,6001
$2,7002
$2,8003
$2,9004
$3,0004
$3,1002
$3,2002
$3,40013
$3,50013
$3,6003
$3,7002
$3,8002
$3,9002
$4,2001
$4,3002
$4,4002
$4,5001
$4,8001
$4,9001
$5,000+15

Average rent price over time

In the last year, rent has increased by $400 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$3,250$3,500
Feb$3,100No data
Mar$3,295No data
Apr$3,100No data
May$3,340No data
Jun$3,100No data
Jul$3,155No data
Aug$3,300No data
Sep$3,200No data
Oct$3,400No data
Nov$3,070No data
Dec$3,250No data

Market temperature

The Summit, NJ rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Summit, NJ is 75% higher than the national average.

Summit, NJvs.

$3,500

$1,995

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Frequently asked questions

1. What is the average rent in Summit, NJ?

The average rent in Summit, NJ is $3,500.

2. What is the average rent for a one-bedroom apartment in Summit, NJ?

The average rent for a one-bedroom apartment in Summit, NJ is $2,300 per month.

3. What is the average rent for a two-bedroom apartment in Summit, NJ?

The average rent for a two-bedroom apartment in Summit, NJ is $3,250 per month.

4. What is the average rent for a three-bedroom apartment in Summit, NJ?

The average rent for a three-bedroom apartment in Summit, NJ is $3,500 per month.

5. What is the average rent for a four-bedroom apartment in Summit, NJ?

The average rent for a four-bedroom apartment in Summit, NJ is $8,594 per month.

6. How much does it cost to rent a house in Summit, NJ?

Houses in Summit, NJ rent between $1,595 - $11,000 with an average rent of $3,500.

7. How has the rent in Summit, NJ changed in the last year?

In the last year, the rent in Summit, NJ increased by $400

8. How much has the rent in Summit, NJ increased/decreased in the last month?

In the last month, the rent in Summit, NJ did not change.

9. How many available rentals are there in Summit, NJ?

There are currently 64 rentals available in Summit, NJ.

10. How do rent prices in Summit, NJ compare with the national average?

The average rent in Summit, NJ is $3,500 — 75.44% higher the national average of $1,995.