Summit, NJ rental market
What is the average rent in Summit, NJ?
Last updated August 27, 2026
Rental market summary
The average rent for all bedrooms and all property types in Summit, NJ is $2,800.
Average rent
$2,800
Month-over-month change
-$40
Year-over-year change
-$295
Available rentals
41
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $1,800 to $6,950.
| Rent price | Number of rental properties |
|---|---|
| $1,700 | 1 |
| $1,800 | 1 |
| $1,900 | 2 |
| $2,000 | 3 |
| $2,100 | 5 |
| $2,200 | 3 |
| $2,300 | 1 |
| $2,500 | 1 |
| $2,600 | 7 |
| $2,700 | 5 |
| $2,800 | 5 |
| $2,900 | 3 |
| $3,000 | 1 |
| $3,100 | 4 |
| $3,200 | 1 |
| $3,500 | 1 |
| $3,600 | 1 |
| $3,700 | 1 |
| $3,900 | 1 |
| $4,100 | 2 |
| $4,200 | 2 |
| $4,300 | 1 |
| $5,000+ | 3 |
Average rent price over time
In the last year, rent has decreased by $295 compared to the previous year.
| Last year (2025) | This year (2026) | |
|---|---|---|
| Jan | $3,250 | $3,500 |
| Feb | $3,100 | $3,400 |
| Mar | $3,295 | $3,015 |
| Apr | $3,100 | $2,860 |
| May | $3,340 | $3,000 |
| Jun | $3,100 | $2,900 |
| Jul | $3,155 | $2,805 |
| Aug | $3,300 | $3,092 |
| Sep | $3,200 | No data |
| Oct | $3,400 | No data |
| Nov | $3,070 | No data |
| Dec | $3,250 | No 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.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Summit, NJ is 40% higher than the national average.
$2,800
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Frequently asked questions
1. What is the average rent in Summit, NJ?
2. What is the average rent for a studio apartment in Summit, NJ?
3. What is the average rent for a one-bedroom apartment in Summit, NJ?
4. What is the average rent for a two-bedroom apartment in Summit, NJ?
5. What is the average rent for a three-bedroom apartment in Summit, NJ?
6. What is the average rent for a four-bedroom apartment in Summit, NJ?
7. How much does it cost to rent a house in Summit, NJ?
8. How has the rent in Summit, NJ changed in the last year?
9. How much has the rent in Summit, NJ increased/decreased in the last month?
10. How many available rentals are there in Summit, NJ?
11. How do rent prices in Summit, NJ compare with the national average?
Nearby areas
Zip codes in Summit, NJ
