Greater Panther Valley, 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 Greater Panther Valley, New Jersey rental market.

Greater Panther Valley, New Jersey

Average Apartment Rent

$2,209

Y-o-Y Change in Average
Apartment Rent

-1.7%

As of March 2026

Compared to a year ago, Greater Panther Valley, New Jersey apartments have recorded a -1.7% rent decrease.

Greater Panther Valley, 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
Panther Valley $1,999 $2,131 $2,048 $2,126 $2,205 $2,249 $2,267 $2,224 $2,209
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Panther Valley
National
Jul 2023
$1,999
$1,735
Nov 2023
$2,131
$1,724
Mar 2024
$2,048
$1,729
Jul 2024
$2,126
$1,750
Nov 2024
$2,205
$1,743
Mar 2025
$2,249
$1,749
Jul 2025
$2,267
$1,763
Nov 2025
$2,224
$1,749
Mar 2026
$2,209
$1,750

Greater Panther Valley, New Jersey Average Apartment Rent

Greater Panther Valley, 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 58.57%, apartments priced $1,500 - $2,000 represent the bulk of Greater Panther Valley, New Jersey rentals, while condos priced Over $3,000 hold the lowest share of the market – 8.72%.

Greater Panther Valley, New Jersey Housing tenure**

Renter occupied housing units 278
Owner occupied housing units 1,755

Renters take up 14% of Greater Panther Valley, New Jersey real estate, occupying a total of 278 units, while homeowners live in 1,755 properties.

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

3.8

Renter median household income**

$53,457

Average household size of renter-occupied housing units**

2.09

Greater Panther Valley, New Jersey Renter-occupied housing units by no. of bedrooms**

No bedrooms 63
1 bed 66
2 beds 94
3 beds 37
5 or more beds 18

There are 94 rentals in Greater Panther Valley, New Jersey with 2 beds making up the highest share of the market, at 34%. Units with 5 or more beds, on the other hand, hold the lowest percentage (6%), amounting to 18 units. Overall, the median number of rooms in Greater Panther Valley, New Jersey homes for rent is 3.8.

Greater Panther Valley, New Jersey Renter-occupied units by age of householder**

25 - 34 years 40
35 - 44 years 26
45 - 54 years 29
55 - 59 years 47
60 - 64 years 65
65 - 74 years 38
75 - 84 years 33

Most condos for rent in Greater Panther Valley, New Jersey are occupied by residents in the 60 - 64 years age group (23%), followed by those in the 55 - 59 years age group (17%). At the same time, people in the 35 - 44 years age group make up the lowest share of the local rental market – 9%.

Greater Panther Valley, New Jersey Renter-occupied housing units by family type**

Family households 159
Non-Family Households 119

Greater Panther Valley, New Jersey Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 44
No related children of the householder under 18 234

A total of 159 apartments for rent in Greater Panther Valley, New Jersey, or 57% of all rentals are family households. Additionally, 16% of rental homes include children under the age of 18 – that’s 44 units. All in all, the median size of a renter-occupied household in Greater Panther Valley, New Jersey is 2.09.

Greater Panther Valley, New Jersey Renter-occupied housing units by educational attainment**

High school graduate (including equivalency) 105
Some college or associate's degree 45
Bachelor's degree or higher 128

In terms of education, renters holding bachelor degrees or higher make up 46% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Greater Panther Valley, New Jersey.

Greater Panther Valley, New Jersey Renter-occupied units by year structure built**

Built 2000 - 2009 138
Built 1990 - 1999 5
Built 1980 - 1989 46
Built 1970 - 1979 56
Built 1960 - 1969 33

The highest share of Greater Panther Valley, New Jersey apartment rentals, namely 50% or 138 units, were Built 2000 - 2009, followed by those Built 1970 - 1979 (20%, 56 units), and the ones Built 1980 - 1989 (17%, 46 units).

Greater Panther Valley, New Jersey Renter-occupied units by year householder moved in**

Moved in 2021 or later 33
Moved in 2018 to 2020 63
Moved in 2010 to 2017 182

Median year renter moved into unit 2016

Most Greater Panther Valley, New Jersey renters (65%) moved in 2010 to 2017, while only 12% of them moved in 2021 or later. Overall, the median year renters have occupied their Greater Panther Valley, New Jersey condos for rent is 2016.

Greater Panther Valley, New Jersey Renter-occupied housing units by vehicles available**

1 vehicle available 129
2 vehicles available 142
3 or more vehicles available 7

When it comes to transportation options, 51% of Greater Panther Valley, New Jersey renters have 2 vehicles available per household, 46% of them have 1 vehicle available, and 3% have 3 or more vehicles available.

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

Car, truck, or van - drove alone 284
Car, truck, or van - carpooled 36
Worked at home 39

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

Same house as 1 year ago 464
Moved within same county 83
Moved from abroad 33

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 Greater Panther Valley, 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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