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8 Summit, NJ, USA apartments for rent

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Type
Apartment
House
Condo
Townhouse
Duplex
Loft
Room
Virtual Tour
For Refugees
Bedrooms
Studio
1 bed
2 bed
3 bed
4+ bed
Bathrooms
1
2
3
4
5+
Pet Policy
Dogs Allowed
Cats Allowed
Amenities
Pool
Garden
Elevator
Doorman
Deck
Washer/Dryer In Unit
Gym
Parking Spot
Fireplace
Air Conditioning
Dishwasher
Storage
Wheelchair Accessible
Hardwood Floors
Balcony
Furnished
View
High Rise
Student Friendly
Utilities Included
$5,000
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Rent this 5 bed house on Chatham St in Chatham, NJ
2 Stories
Chatham St, Chatham, NJ, USA
5 Bed
2 Bath
$8,000
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Rent this 3 bed house on Ashland Rd in Summit, NJ
2 Stories
Ashland Rd, Summit, NJ, USA
3 Bed
5 Bath
$3,000
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Rent this 0 bed townhouse on Morris Ave in Summit, NJ
2 Stories, Multi Floor Unit
Morris Ave, Summit, NJ, USA
Studio
2 Bath
$5,250
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Rent this 4 bed house on Summit Ave in Summit, NJ
2 Stories
Summit Ave, Summit, NJ, USA
4 Bed
3 Bath
$4,500
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Rent this 4 bed townhouse on Summit Ave in Chatham, NJ
2 Stories
Summit Ave, Chatham, NJ, USA
4 Bed
2 Bath
$2,200
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Rent this 2 bed townhouse on Briant Pkwy in Summit, NJ
One Floor Unit
Briant Pkwy, Summit, NJ, USA
2 Bed
1 Bath
Stand with Ukraine
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$4,250
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Rent this 3 bed apartment on Summit Ave in Summit, NJ
3 or More Stories, Apartment, Multi Floor Unit
Summit Ave, Summit, NJ, USA
3 Bed
2 Bath
$4,200
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Rent this 2 bed townhouse on Broad St in Summit, NJ
2 Stories, Multi Floor Unit, Townhouse-End Unit
Broad St, Summit, NJ, USA
2 Bed
3 Bath

Summit

Summit, NJ has a population of 22,155, while the median age is 40. The household income in Summit, NJ is around $132,443. The homeownership rate among the residents is 71%. The median residential property value in Summit, NJ that you should keep in mind is $849,200.

Population22,155
Median Age39.9
Poverty Rate5%
Household Income$132,443
Number Of Employees10,387
Median Property Value$849,200

Housing Trends

How much is an apartment in Summit, NJ, USA

Average rent in Summit: $4,050 (+9.7%)
Rent PriceJulvs Last Month
Studio rentals$3,350N/A
1 bed rentals$2,650+76.7%
2 bed rentals$3,250+32.7%
3 bed rentals$3,862-11.1%
4+ bed rentals$6,625+23.1%

Over the Jul 2022, the average rent for an apartment in/near Summit, NJ increased by 9.7% to $4,050.

Breaking it down in details, we now see that the average price for 1-bed apartment increased by 76.7% to $2,650. Pricing for 2-bed apartment also increased by 32.7% and a place of this size will now cost you $3,250. 3-bed apartment rent pricing starts at $3,862, it decreased by 11.1% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 23.1% and made it up to $6,625.

Rent Type PriceJulvs Last Month
Townhouse rentals$2,616+30.8%
Apartment rentals$3,975+19.9%
House rentals$5,187+27.4%
Condo rentals$4,300+57.8%
Duplex rentals$3,700N/A



The median rent for an apartment in Summit, NJ increased by 19.9% to $3,975. Statistics show that house rent price increased by 27.4% this month making it up to $5,187. Condos faced an upward trend these days. The median rent for a condo increased by 57.8%, it’s now available for $4,300. An average duplex is now available for $3,700, cause median rent for a duplex remains the same this month. The median rent for a townhouse increased by 30.8%, you’ll have to spend around $2,616 to get one.

Median rent for residential in as of Jul, 2022.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.

Rent vs Own