Summit, NJ rental market
What is the average rent in Summit, NJ?
Rental market summary
The average rent for all bedrooms and all property types in Summit, NJ is $2,900.
Average rent
$2,900
Month-over-month change
-$319
Year-over-year change
-$300
Available rentals
44
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $1,800 to $6,500.
| Rent price | Number of rental properties |
|---|---|
| $1,700 | 1 |
| $1,800 | 1 |
| $1,900 | 2 |
| $2,000 | 3 |
| $2,100 | 4 |
| $2,200 | 3 |
| $2,400 | 1 |
| $2,500 | 4 |
| $2,600 | 3 |
| $2,700 | 3 |
| $2,800 | 4 |
| $2,900 | 7 |
| $3,000 | 2 |
| $3,100 | 3 |
| $3,200 | 4 |
| $3,300 | 1 |
| $3,400 | 1 |
| $3,700 | 6 |
| $3,800 | 1 |
| $4,200 | 1 |
| $4,300 | 1 |
| $4,400 | 1 |
| $4,500 | 1 |
| $5,000+ | 1 |
Average rent price over time
In the last year, rent has decreased by $300 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 | $2,900 |
| Oct | $3,400 | No data |
| Nov | $3,070 | No data |
| Dec | $3,250 | No data |
Market temperature
The Summit, NJ rental market temperature is WARM. 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 45% higher than the national average.
$2,900
$2,000
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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?
