Rent prices higher than national average in New Jersey in 2023 - and rising
- Asbury Park Press
- Feb 9, 2024
- 1 min read
Written by: Kim Strong
New Jersey's rent prices surged by 4.24% in 2023 to an average of $2,841, outpacing the national average. While rent varied across the country, the Northeast experienced the highest lease payments, with seasonal trends and a construction boom influencing the market dynamics.