Rentometer, Inc. | Data as of 12/04/2025
Caldwell, New Jersey offers a vibrant rental market that blends historic charm with modern convenience. Nestled in Essex County, the borough’s walkable downtown features boutique shops, cozy cafés, and the historic Caldwell Theatre, while nearby parks and the Rahway River provide ample outdoor recreation. Its strategic location along major commuter routes makes it an attractive hub for professionals working in Newark, New York City, or the wider New Jersey corridor, contributing to a steady demand for both apartments and single‑family homes.
Apartment seekers can find a range of options suited to different lifestyles and budgets. Studio units typically fall within the $1800s, offering efficient living spaces ideal for solo renters or students. One‑bedroom apartments often rent in the low $2200s, providing a comfortable balance of space and affordability for couples or young professionals. Larger two‑bedroom units approach the $3,000 mark, while three‑bedroom apartments command rates in the $3,500 range, appealing to families who desire extra room and easy access to local schools such as Caldwell High School and nearby private academies.
Beyond apartments, the area includes a selection of charming houses that reflect Caldwell’s historic architecture, with many properties situated close to the borough’s tree‑lined streets and community amenities. Residents enjoy a strong sense of community, top‑rated schools, and convenient public transportation options, making Caldwell a desirable destination for renters seeking a blend of suburban tranquility and urban accessibility.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,797 | $1,775 | $1,740 - $1,900 | $1,755 - $1,900 |
| Apartment | 1 Bedroom | $2,210 | $2,280 | $1,950 - $2,500 | $2,010 - $2,350 |
| Apartment | 2 Bedroom | $2,867 | $2,800 | $2,350 - $3,650 | $2,670 - $3,050 |
| Apartment | 3 Bedroom | $3,750 | $3,500 | $3,300 - $4,450 | $3,300 - $4,450 |
In the current period, the average rent in Caldwell was $1,798 for Studio, $2,220 for 1 Bedroom, $2,868 for 2 Bedroom, and $3,750 for 3 Bedroom.
Data provided by Rentometer, Inc.