A free resource by NextGen Coastal — monthly OC rental market intelligence

Comparing Elizabeth vs Rahway vs Dover vs Summit

Live from the NGP-Rental-Data warehouse. Pick 2 to 4 cities and see them side by side.

Cities to compare (2 to 4)

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Headline numbers

Elizabeth

NJ

$2,264

YoY change
+1.0%
Vacancy
2.8%
2-BR rent
Cap rate
Renter share
74.4%

Rahway

NJ

$2,512

YoY change
+0.1%
Vacancy
5.9%
2-BR rent
Cap rate
Renter share
48.5%

Dover

NJ

$2,264

YoY change
Vacancy
1.7%
2-BR rent
Cap rate
Renter share
54.0%

Summit

NJ

$2,821

YoY change
+5.1%
Vacancy
3.6%
2-BR rent
Cap rate
Renter share
31.7%

All values from the NGP-Rental-Data warehouse. Updated March 2026. See methodology.

Rent index — overlaid, last 5 years

ZORI rent index — Elizabeth vs Rahway vs Dover vs Summit

Monthly Zillow ZORI rent index. Data updates monthly. Source: methodology.

Demographics & income

Metric ElizabethRahwayDoverSummit
Median household income $66,555$91,461$73,737$190,304
Median age 35.839.739.841.8
Renter household share 74.4%48.5%54.0%31.7%
YoY rent change +1.0%+0.1%+5.1%
Cap rate (overall)
$/unit (MFR)

Demographics: Census ACS5 2019-2024. Rent & cap rate: NGP-Rental-Data warehouse (see methodology). Cells marked "—" mean the metric isn't available for that geography in any free public source we ingest.