Highlands, 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 Highlands, New Jersey rental market.

Highlands, New Jersey

Average Apartment Rent

$2,159

Y-o-Y Change in Average
Apartment Rent

2.1%

As of March 2026

Compared to a year ago, Highlands, New Jersey apartments have recorded a 2.1% rent increase.

Highlands, 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
Highlands $2,001 $2,027 $2,063 $2,098 $2,110 $2,114 $2,155 $2,160 $2,159
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Highlands
National
Jul 2023
$2,001
$1,735
Nov 2023
$2,027
$1,724
Mar 2024
$2,063
$1,729
Jul 2024
$2,098
$1,750
Nov 2024
$2,110
$1,743
Mar 2025
$2,114
$1,749
Jul 2025
$2,155
$1,763
Nov 2025
$2,160
$1,749
Mar 2026
$2,159
$1,750

Highlands, New Jersey Average Apartment Rent

Highlands, 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 38.47%, apartments priced $1,500 - $2,000 represent the bulk of Highlands, New Jersey rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 5.17%.

Highlands, New Jersey Housing tenure**

Renter occupied housing units 831
Owner occupied housing units 1,684

Renters take up 33% of Highlands, New Jersey real estate, occupying a total of 831 units, while homeowners live in 1,684 properties.

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

3.7

Renter median household income**

$50,329

Average household size of renter-occupied housing units**

1.68

Rental vacancy rate**

7.1%

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

1 bed 397
2 beds 252
3 beds 158
4 beds 24

There are 397 rentals in Highlands, New Jersey with 1 bed making up the highest share of the market, at 48%. Units with 4 beds, on the other hand, hold the lowest percentage (3%), amounting to 24 units. Overall, the median number of rooms in Highlands, New Jersey homes for rent is 3.7.

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

25 - 34 years 308
35 - 44 years 57
45 - 54 years 20
55 - 59 years 145
60 - 64 years 189
65 - 74 years 53
75 - 84 years 59

Most condos for rent in Highlands, New Jersey are occupied by residents in the 25 - 34 years age group (37%), followed by those in the 60 - 64 years age group (23%). At the same time, people in the 45 - 54 years age group make up the lowest share of the local rental market – 2%.

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

Family households 325
Non-Family Households 506

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

With related children of the householder under 18 88
No related children of the householder under 18 743

A total of 325 apartments for rent in Highlands, New Jersey, or 39% of all rentals are family households. Additionally, 11% of rental homes include children under the age of 18 – that’s 88 units. All in all, the median size of a renter-occupied household in Highlands, New Jersey is 1.68.

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

Less than high school graduate 172
High school graduate (including equivalency) 109
Some college or associate's degree 307
Bachelor's degree or higher 243

In terms of education, renters holding bachelor degrees or higher make up 29% of the rental market. In contrast, residents with less than a high school degree reside in 21% of the homes for rent in Highlands, New Jersey.

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

Built 2010 - 2019 24
Built 2000 - 2009 6
Built 1990 - 1999 50
Built 1980 - 1989 72
Built 1970 - 1979 228
Built 1960 - 1969 73
Built 1950 - 1959 52
Built 1940 - 1949 5
Built 1939 or earlier 321

The highest share of Highlands, New Jersey apartment rentals, namely 39% or 321 units, were Built 1939 or earlier, followed by those Built 1970 - 1979 (27%, 228 units), and the ones Built 1960 - 1969 (9%, 73 units).

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

Moved in 2021 or later 46
Moved in 2018 to 2020 365
Moved in 2010 to 2017 293
Moved in 2000 to 2009 87
Moved in 1990 to 1999 18
Moved in 1989 or earlier 22

Median year renter moved into unit 2018

Most Highlands, New Jersey renters (44%) moved in 2018 to 2020, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Highlands, New Jersey condos for rent is 2018.

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

No vehicle available 116
1 vehicle available 386
2 or more vehicles available 329

When it comes to transportation options, 46% of Highlands, New Jersey renters have 1 vehicle available per household, 40% of them have 2 or more vehicles available, and 14% have No vehicle available.

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

Car, truck, or van - drove alone 647
Car, truck, or van - carpooled 21
Public transportation (excluding taxicab) 16
Taxicab, motorcycle, bicycle, or other means 110
Worked at home 6

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

Same house as 1 year ago 972
Moved within same county 374
Moved from different county within same state 51

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 Highlands, 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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