Rental market snapshot for Elizabeth, New Jersey

Elizabeth, New Jersey Rental Property Market Overview

Elizabeth, New Jersey is a city located in Union County, with a population of 135,407 as of 2021, according to the US Census. It is the fourth largest city in the state and is known for its diverse population and vibrant culture. The city is home to a variety of attractions, including the Liberty Hall Museum, the Warinanco Park, and the Elizabeth Public Library. Elizabeth is also home to a number of educational institutions, such as Kean University, Union County College, and the Elizabeth Public Schools. With its rich history and vibrant culture, Elizabeth is a great place to live and visit.

The average rent for an apartment in Elizabeth is $1,732. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has increased by 2.7% over the past year.

Last Updated January 31, 2023

Average monthly rent graph in Elizabeth New Jersey | Cost of Living

  • The most expensive ZIP Code in Elizabeth is 07201 with an average price of $2,300
  • The cheapest ZIP Code in Elizabeth is 07206 with an average price of $1,600

Elizabeth ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
107201$2,300
207202$1,700
307206$1,600
407208$1,600

Live near Elizabeth, New Jersey's Top Sights and Attractions

Jefferson Park is a picturesque outdoor space located in Elizabeth, New Jersey. It features a large pond with a fountain, a playground, and plenty of open green space for visitors to enjoy. There are also walking paths, picnic tables, and benches for visitors to relax and take in the scenery. The park is a great place to spend time with family and friends, or to simply enjoy some peace and quiet.

Phil Rizzuto Park is a popular outdoor destination in Elizabeth, New Jersey. It features a wide variety of recreational activities, including a playground, basketball court, walking paths, and picnic areas. The park also has a large lake, which is home to a variety of wildlife, including ducks, geese, and swans. Visitors can also enjoy fishing, boating, and kayaking on the lake. The park is a great place to spend time outdoors with family and friends.

Jackson Park is a beautiful outdoor space located in Elizabeth, New Jersey. It features a large lake, walking trails, picnic areas, and a playground. The park also has a variety of wildlife, including ducks, geese, and other birds. The park is a great place to relax and enjoy nature, as well as take part in outdoor activities such as fishing, boating, and biking.

OBrien Park is a sprawling green space located in Elizabeth, New Jersey. It features a large playground, a basketball court, a baseball field, and a picnic area with tables and grills. There is also a walking path that winds through the park, providing a peaceful setting for visitors to enjoy. The park is well-maintained and provides a great place for families to spend time outdoors.

Scott City Hall Park is a picturesque public park located in Elizabeth, New Jersey. It features a large, open green space perfect for picnics, sports, and other outdoor activities. The park also has a playground, a gazebo, and a walking path. The park is surrounded by trees and shrubs, providing a peaceful and serene atmosphere. Visitors can also enjoy the views of the Elizabeth River from the park.

Mickey Walker Center is a popular entertainment venue located in Elizabeth, New Jersey. It features a large auditorium with seating for up to 1,000 people, making it ideal for concerts, plays, and other live performances. The center also boasts a spacious lobby, a full-service bar, and a variety of concession stands. Additionally, the center offers a wide range of activities for children, including a game room, a movie theater, and a bowling alley. With its convenient location and diverse offerings, Mickey Walker Center is a popular destination for locals and visitors alike.

Veterans Memorial Waterfront Park is a scenic waterfront park located on the Arthur Kill in Elizabeth, New Jersey. The park features a boardwalk, a fishing pier, a playground, and a picnic area with grills. Visitors can also enjoy a variety of activities such as kayaking, canoeing, and bird watching. The park also has a memorial dedicated to veterans of all branches of the military. The memorial includes a flagpole, a wall of honor, and a memorial garden.

Carteret Park is a large outdoor recreational area located in Elizabeth, New Jersey. It features a variety of activities for visitors of all ages, including a playground, basketball courts, a baseball field, a walking path, and a picnic area. The park also has a large pond, which is home to a variety of fish and other aquatic life. Visitors can also take advantage of the park's many amenities, such as a concession stand, restrooms, and a pavilion. Carteret Park is a great place to spend a day outdoors, with plenty of activities to keep everyone entertained.

Elizabeth Industrial Park is a sprawling complex of warehouses and factories located in the heart of New Jersey. It is home to a variety of businesses, from small manufacturing companies to large international corporations. Visitors can explore the industrial park and take in the sights and sounds of the bustling factories and warehouses. There are also plenty of opportunities for shopping, dining, and entertainment, as well as a variety of recreational activities. The park is also home to a number of historical sites, including the former site of the Elizabethtown Shipyards.

Caldwell Park is a beautiful outdoor attraction located in Elizabeth, New Jersey. It features a large lake with a fountain, a playground, a walking path, and plenty of green space for picnics and outdoor activities. The park also has a variety of trees, shrubs, and flowers that provide a peaceful and tranquil atmosphere. Visitors can also enjoy a variety of recreational activities such as fishing, boating, and bird watching. The park is a great place to spend time with family and friends, or just to relax and enjoy the natural beauty of the area.

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

Elizabeth, New Jersey area median rent change by ZIP Code map

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

How does Elizabeth compare to other cities in New Jersey ?

citymedian price
Englewood$2,765
Mount Laurel$2,030
Hillsborough Township$1,400
Browns Mill$2,760
Moorestown$2,405
Pt Pleasant Beach$2,500
Sayreville$1,900

Average household income in Elizabeth area graph - US Census

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

The median household income in Elizabeth in 2021 was $50,647. This represents a 13.4% change from 2011 when the median was $44,678.

#categorypercent
0Less than $10,0006.0%
1$10,000 to $14,9994.6%
2$15,000 to $19,9995.2%
3$20,000 to $24,9995.0%
4$25,000 to $29,9995.9%
5$30,000 to $34,9996.4%
6$35,000 to $39,9995.5%
7$40,000 to $44,9996.1%
8$45,000 to $49,9994.5%
9$50,000 to $59,9999.5%
10$60,000 to $74,99910.5%
11$75,000 to $99,99912.0%
12$100,000 to $124,9996.0%
13$125,000 to $149,9994.7%
14$150,000 to $199,9995.2%
15$200,000 or more2.9%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
Made withDataherald