New Jersey vs Florida: Rent Comparison 2026
Side-by-side comparison of fair market rents, income, and tenant protections between New Jersey and Florida.
Florida is 18% cheaper for a 2-bedroom rental than New Jersey, saving renters approximately $264/mo ($3,168/year).
| Metric | New Jersey | Florida |
|---|---|---|
| Average 1BR Rent | $1,169/mo | $938/mo |
| Average 2BR Rent | $1,462/mo | $1,198/mo |
| Median Income | $88,691 | $66,543 |
| Renter % | 36.6% | 38.9% |
| Tenant Rights | 8/10 | 4/10 |
Rent Burden Comparison
New Jersey
2BR Rent: $1,462/mo of $88,691/yr income
19.8% of income
Florida
2BR Rent: $1,198/mo of $66,543/yr income
21.6% of income
Frequently Asked Questions
Is New Jersey or Florida cheaper to rent in?
Florida has lower average rents. A 2-bedroom averages $1,198/mo, which is $264 less per month than New Jersey (18% cheaper).
Which state has better tenant protections, New Jersey or Florida?
New Jersey has stronger tenant rights with a score of 8/10 compared to 4/10.
What is the income difference between New Jersey and Florida?
New Jersey median income: $88,691. Florida median income: $66,543. Difference: $22,148/year.