Rentometer, Inc. | Data as of 12/04/2025
Carteret, New Jersey, offers a dynamic rental landscape that blends convenient city living with easy access to waterfront recreation and major transportation corridors. The city’s well‑connected NJ Transit stations and proximity to Newark Liberty International Airport make it an attractive hub for commuters heading to New York City, Newark, or the broader New Jersey region. Residents enjoy nearby attractions such as the Arthur Kill waterfront, Carteret Community Park, and a variety of local dining and shopping options that give the area a welcoming, small‑town feel while still providing urban amenities.
The rental market in Carteret reflects a range of housing choices to suit diverse lifestyles. Studio apartments typically fall in the $2000s, offering an efficient entry point for professionals and students. One‑bedroom units generally sit in the $2200 range, balancing space and affordability for couples or single renters seeking a bit more room. Two‑bedroom apartments move toward the $2700 bracket, appealing to small families or roommates looking for added comfort. For those needing extensive space, four‑plus‑bedroom houses command around $3100, providing ample room for larger households while still benefiting from the city’s convenient location.
Beyond the numbers, Carteret’s neighborhoods each have their own character—from the historic downtown area with its charming streetscape to the newer residential developments near the waterfront that feature modern amenities and scenic views. The city’s blend of reliable public transit, close‑by parks, and a growing selection of retail and dining venues make it a compelling choice for renters looking for a balanced, vibrant community within the thriving New Jersey market.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $2,018 | $2,100 | $1,775 - $2,200 | $1,900 - $2,100 |
| Apartment | 1 Bedroom | $2,235 | $2,275 | $1,500 - $2,574 | $2,150 - $2,424 |
| Apartment | 2 Bedroom | $2,657 | $2,705 | $2,229 - $3,100 | $2,497 - $2,830 |
| House | 4+ Bedroom | $3,100 | $3,300 | $2,500 - $3,500 | $2,500 - $3,500 |
In the current period, the average rent in Carteret was
$2,019 for Studio,
$2,236 for 1 Bedroom,
$2,656 for 2 Bedroom, and
$3,100 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.