Iselin, 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 Iselin, New Jersey rental market.

Iselin, New Jersey

Average Apartment Rent

$2,264

Y-o-Y Change in Average
Apartment Rent

-0.7%

As of May 2026

Compared to a year ago, Iselin, New Jersey apartments have recorded a -0.7% rent decrease.

Iselin, 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
Iselin $2,253 $2,275 $2,293 $2,346 $2,314 $2,279 $2,271 $2,287 $2,243
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Iselin
National
Jul 2023
$2,253
$1,741
Nov 2023
$2,275
$1,732
Mar 2024
$2,293
$1,736
Jul 2024
$2,346
$1,756
Nov 2024
$2,314
$1,749
Mar 2025
$2,279
$1,755
Jul 2025
$2,271
$1,767
Nov 2025
$2,287
$1,753
Mar 2026
$2,243
$1,750

Iselin, New Jersey Average Apartment Rent

Iselin, 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 48.05%, apartments priced $2,000 - $2,500 represent the bulk of Iselin, New Jersey rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.9%.

Iselin, New Jersey Housing tenure**

Renter occupied housing units 2,016
Owner occupied housing units 4,428

Renters take up 31% of Iselin, New Jersey real estate, occupying a total of 2,016 units, while homeowners live in 4,428 properties.

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

3.7

Renter median household income**

$101,667

Average household size of renter-occupied housing units**

2.77

Rental vacancy rate**

1.6%

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

No bedrooms 59
1 bed 606
2 beds 1,015
3 beds 239
4 beds 97

There are 1,015 rentals in Iselin, New Jersey with 2 beds making up the highest share of the market, at 50%. Units with No bedrooms, on the other hand, hold the lowest percentage (3%), amounting to 59 units. Overall, the median number of rooms in Iselin, New Jersey homes for rent is 3.7.

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

25 - 34 years 389
35 - 44 years 801
45 - 54 years 199
55 - 59 years 84
60 - 64 years 60
65 - 74 years 207
75 - 84 years 262
85 years and over 14

Most condos for rent in Iselin, New Jersey are occupied by residents in the 35 - 44 years age group (40%), followed by those in the 25 - 34 years age group (19%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.

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

Family households 1,605
Non-Family Households 411

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

With related children of the householder under 18 884
No related children of the householder under 18 1,132

A total of 1,605 apartments for rent in Iselin, New Jersey, or 80% of all rentals are family households. Additionally, 44% of rental homes include children under the age of 18 – that’s 884 units. All in all, the median size of a renter-occupied household in Iselin, New Jersey is 2.77.

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

Less than high school graduate 133
High school graduate (including equivalency) 392
Some college or associate's degree 188
Bachelor's degree or higher 1,303

In terms of education, renters holding bachelor degrees or higher make up 65% of the rental market. In contrast, residents with less than a high school degree reside in 7% of the homes for rent in Iselin, New Jersey.

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

Built 2010 - 2019 108
Built 2000 - 2009 259
Built 1990 - 1999 157
Built 1980 - 1989 648
Built 1970 - 1979 142
Built 1960 - 1969 298
Built 1950 - 1959 93
Built 1940 - 1949 211
Built 1939 or earlier 100

The highest share of Iselin, New Jersey apartment rentals, namely 32% or 648 units, were Built 1980 - 1989, followed by those Built 1960 - 1969 (15%, 298 units), and the ones Built 2000 - 2009 (13%, 259 units).

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

Moved in 2021 or later 209
Moved in 2018 to 2020 907
Moved in 2010 to 2017 687
Moved in 2000 to 2009 172
Moved in 1990 to 1999 29
Moved in 1989 or earlier 12

Median year renter moved into unit 2018

Most Iselin, New Jersey renters (45%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Iselin, New Jersey condos for rent is 2018.

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

No vehicle available 192
1 vehicle available 1,344
2 vehicles available 359
3 or more vehicles available 121

When it comes to transportation options, 67% of Iselin, New Jersey renters have 1 vehicle available per household, 18% of them have 2 vehicles available, and 10% have No vehicle available.

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

Car, truck, or van - drove alone 1,026
Car, truck, or van - carpooled 36
Public transportation (excluding taxicab) 581
Walked 72
Taxicab, motorcycle, bicycle, or other means 134
Worked at home 634

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

Same house as 1 year ago 4,063
Moved within same county 259
Moved from different county within same state 544
Moved from different state 447
Moved from abroad 256

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 Iselin, 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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