Golden Triangle, New Jersey Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Golden Triangle, New Jersey rental market.

Golden Triangle, New Jersey

Average Apartment Rent

$2,716

Y-o-Y Change in Average
Apartment Rent

0.7%

As of May 2026

Compared to a year ago, Golden Triangle, New Jersey apartments have recorded a 0.7% rent increase.

Golden Triangle, New Jersey Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Golden Triangle $2,765 $2,831 $2,921 $2,833 $2,693 $2,658 $2,689 $2,679 $2,687
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Golden Triangle
National
Jul 2023
$2,765
$1,741
Nov 2023
$2,831
$1,732
Mar 2024
$2,921
$1,736
Jul 2024
$2,833
$1,756
Nov 2024
$2,693
$1,749
Mar 2025
$2,658
$1,755
Jul 2025
$2,689
$1,767
Nov 2025
$2,679
$1,753
Mar 2026
$2,687
$1,750

Golden Triangle, New Jersey Average Apartment Rent

Golden Triangle, New Jersey Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 45.54%, apartments priced $2,000 - $2,500 represent the bulk of Golden Triangle, New Jersey rentals, while condos priced Over $3,000 hold the lowest share of the market – 21.74%.

Golden Triangle, New Jersey Housing tenure**

Renter occupied housing units 865
Owner occupied housing units 1,244

Renters take up 41% of Golden Triangle, New Jersey real estate, occupying a total of 865 units, while homeowners live in 1,244 properties.

Median number of rooms of renter-occupied housing units**

4.6

Renter median household income**

$110,592

Average household size of renter-occupied housing units**

1.79

Rental vacancy rate**

5.3%

Golden Triangle, New Jersey Renter-occupied housing units by no. of bedrooms**

No bedrooms 13
1 bed 372
2 beds 370
3 beds 75
4 beds 35

There are 372 rentals in Golden Triangle, New Jersey with 1 bed making up the highest share of the market, at 43%. Units with No bedrooms, on the other hand, hold the lowest percentage (2%), amounting to 13 units. Overall, the median number of rooms in Golden Triangle, New Jersey homes for rent is 4.6.

Golden Triangle, New Jersey Renter-occupied units by age of householder**

25 - 34 years 273
35 - 44 years 56
45 - 54 years 258
55 - 59 years 44
60 - 64 years 84
65 - 74 years 85
75 - 84 years 65

Most condos for rent in Golden Triangle, New Jersey are occupied by residents in the 25 - 34 years age group (32%), followed by those in the 45 - 54 years age group (30%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 5%.

Golden Triangle, New Jersey Renter-occupied housing units by family type**

Family households 448
Non-Family Households 417

Golden Triangle, New Jersey Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 134
No related children of the householder under 18 731

A total of 448 apartments for rent in Golden Triangle, New Jersey, or 52% of all rentals are family households. Additionally, 15% of rental homes include children under the age of 18 – that’s 134 units. All in all, the median size of a renter-occupied household in Golden Triangle, New Jersey is 1.79.

Golden Triangle, New Jersey Renter-occupied housing units by educational attainment**

Less than high school graduate 133
High school graduate (including equivalency) 105
Some college or associate's degree 113
Bachelor's degree or higher 514

In terms of education, renters holding bachelor degrees or higher make up 59% of the rental market. In contrast, residents with less than a high school degree reside in 15% of the homes for rent in Golden Triangle, New Jersey.

Golden Triangle, New Jersey Renter-occupied units by year structure built**

Built 2020 or later 22
Built 2010 - 2019 229
Built 2000 - 2009 161
Built 1990 - 1999 169
Built 1980 - 1989 107
Built 1970 - 1979 124
Built 1960 - 1969 17
Built 1950 - 1959 28
Built 1939 or earlier 8

The highest share of Golden Triangle, New Jersey apartment rentals, namely 26% or 229 units, were Built 2010 - 2019, followed by those Built 1990 - 1999 (20%, 169 units), and the ones Built 2000 - 2009 (19%, 161 units).

Golden Triangle, New Jersey Renter-occupied units by year householder moved in**

Moved in 2021 or later 80
Moved in 2018 to 2020 322
Moved in 2010 to 2017 260
Moved in 2000 to 2009 203

Median year renter moved into unit 2017

Most Golden Triangle, New Jersey renters (37%) moved in 2018 to 2020, while only 9% of them moved in 2021 or later. Overall, the median year renters have occupied their Golden Triangle, New Jersey condos for rent is 2017.

Golden Triangle, New Jersey Renter-occupied housing units by vehicles available**

No vehicle available 32
1 vehicle available 389
2 or more vehicles available 444

When it comes to transportation options, 51% of Golden Triangle, New Jersey renters have 2 or more vehicles available per household, 45% of them have 1 vehicle available, and 4% have No vehicle available.

Golden Triangle, New Jersey Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 811
Car, truck, or van - carpooled 22
Public transportation (excluding taxicab) 18
Worked at home 193

Golden Triangle, New Jersey Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 926
Moved within same county 396
Moved from different county within same state 83
Moved from different state 112

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Golden Triangle, New Jersey apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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