- The national average rent reached $1,430/month in March 2019, a year-over-year increase of 3.2%, according to data from Yardi Matrix.
- Trenton, NJ renters saw the highest annual rent increase in March, reaching $1,118 per month.
- Among the state’s largest cities, Jersey City apartments are the most expensive, while apartments in Trenton have the cheapest rents.
The early beginning of the rental season saw rent prices increase by 3.2% over the year — the lowest annual growth we’ve seen in more than 6 months.
from theokbrowne digest https://www.rentcafe.com/blog/rental-market/local-rent-reports/new-jersey-rent-report-march-2019/
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