Strathmore, 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 Strathmore, New Jersey rental market.

Strathmore, New Jersey

Average Apartment Rent

$2,581

Y-o-Y Change in Average
Apartment Rent

-1.2%

As of March 2026

Compared to a year ago, Strathmore, New Jersey apartments have recorded a -1.2% rent decrease.

Strathmore, 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
Strathmore $2,394 $2,511 $2,448 $2,485 $2,526 $2,612 $2,633 $2,645 $2,581
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Strathmore
National
Jul 2023
$2,394
$1,735
Nov 2023
$2,511
$1,724
Mar 2024
$2,448
$1,729
Jul 2024
$2,485
$1,750
Nov 2024
$2,526
$1,743
Mar 2025
$2,612
$1,749
Jul 2025
$2,633
$1,763
Nov 2025
$2,645
$1,749
Mar 2026
$2,581
$1,750

Strathmore, New Jersey Average Apartment Rent

Strathmore, 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 46.47%, apartments priced $2,500 - $3,000 represent the bulk of Strathmore, New Jersey rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 2.72%.

Strathmore, New Jersey Housing tenure**

Renter occupied housing units 199
Owner occupied housing units 2,364

Renters take up 8% of Strathmore, New Jersey real estate, occupying a total of 199 units, while homeowners live in 2,364 properties.

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

3.7

Renter median household income**

$79,028

Average household size of renter-occupied housing units**

1.86

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

1 bed 109
2 beds 69
3 beds 10
4 beds 11

There are 109 rentals in Strathmore, New Jersey with 1 bed making up the highest share of the market, at 55%. Units with 3 beds, on the other hand, hold the lowest percentage (5%), amounting to 10 units. Overall, the median number of rooms in Strathmore, New Jersey homes for rent is 3.7.

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

25 - 34 years 49
35 - 44 years 5
45 - 54 years 10
55 - 59 years 5
60 - 64 years 44
65 - 74 years 54
75 - 84 years 32

Most condos for rent in Strathmore, New Jersey are occupied by residents in the 65 - 74 years age group (27%), followed by those in the 25 - 34 years age group (25%). At the same time, people in the 35 - 44 years age group make up the lowest share of the local rental market – 3%.

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

Family households 89
Non-Family Households 110

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

With related children of the householder under 18 10
No related children of the householder under 18 189

A total of 89 apartments for rent in Strathmore, New Jersey, or 45% of all rentals are family households. Additionally, 5% of rental homes include children under the age of 18 – that’s 10 units. All in all, the median size of a renter-occupied household in Strathmore, New Jersey is 1.86.

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

Less than high school graduate 5
High school graduate (including equivalency) 57
Some college or associate's degree 40
Bachelor's degree or higher 97

In terms of education, renters holding bachelor degrees or higher make up 49% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in Strathmore, New Jersey.

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

Built 2010 - 2019 36
Built 2000 - 2009 13
Built 1990 - 1999 12
Built 1980 - 1989 71
Built 1970 - 1979 25
Built 1960 - 1969 42

The highest share of Strathmore, New Jersey apartment rentals, namely 36% or 71 units, were Built 1980 - 1989, followed by those Built 1960 - 1969 (21%, 42 units), and the ones Built 2010 - 2019 (18%, 36 units).

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

Moved in 2018 to 2020 95
Moved in 2010 to 2017 75
Moved in 2000 to 2009 29

Median year renter moved into unit 2018

Most Strathmore, New Jersey renters (48%) moved in 2018 to 2020, while only 15% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Strathmore, New Jersey condos for rent is 2018.

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

No vehicle available 46
1 vehicle available 91
2 vehicles available 36
4 vehicles available 15
5 or more vehicles available 11

When it comes to transportation options, 46% of Strathmore, New Jersey renters have 1 vehicle available per household, 23% of them have No vehicle available, and 18% have 2 vehicles available.

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

Car, truck, or van - drove alone 180
Car, truck, or van - carpooled 11
Public transportation (excluding taxicab) 5
Walked 10
Taxicab, motorcycle, bicycle, or other means 14
Worked at home 55

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

Same house as 1 year ago 281
Moved within same county 69
Moved from different county within same state 20

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 Strathmore, 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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