CostBy County

New Jersey Cost of Living

Housing costs and affordability data for 21 counties.

Average Monthly Rent

$1,635/mo

Average Home Value

$430,014

Average Owner Cost

$2,126/mo

16% above national average rentOpen national map

County cost atlas

New Jersey housing costs by county

Compare rent, entry-price context, owner costs, and cost score in one state view. Pin a county, switch layers, then open the full county profile when a place needs closer review.

Counties

21

Avg rent

$1,635/mo

Owner cost

$2,126/mo

Avg score

5.0

Higher means lower cost pressure

Atlas layers use U.S. Census Bureau ACS 2020-2024 5-Year Estimates. Rent, owner cost, and home value are county medians. Cost score rewards lower rent and lower owner costs, but affordability still depends on income, household size, commute, debt, and personal finances. Use this as decision context, not personalized financial advice.

State Cost Summary

Use these state averages as a starting point, then scan the atlas and rankings for the county-level spread behind them.

Average Monthly Rent
$1,635/mo
16% above national median
Average Home Value
$430,014
29% above national median
Avg. Monthly Owner Cost
$2,126/mo
55% above national median
Affordability Rating
Stretched
Median gross rent is 30–50% of renter household income
Cost metrics are county medians from Census ACS 5-Year Estimates. They are useful comparison signals, but they do not include every household cost or reflect personal income, financing, commute, insurance, debt, or household size.

Housing Costs in New Jersey: An Overview

The unweighted mean of county median rents in New Jersey is $1,635 per month, which is 16% above the national ACS median of $1,413. This gives every county equal weight and is not an official statewide median.

Within New Jersey, housing costs vary significantly by county. Somerset County has the highest median rent in this dataset at $2,033 per month and a median home value of $552,100. Salem County has the lowest reported median rent at $1,253 per month and a median home value of $239,500.

The unweighted mean of county median home values in New Jersey is $430,014, 29% higher than the national ACS median of $332,700. The unweighted mean of county median household incomes is $103,339; neither figure is a household-weighted statewide estimate.

Before comparing places in New Jersey, start with the county-level pattern. Costs can swing dramatically between rural and urban counties. Use the atlas, rankings, and county links below to compare rent, home values, owner costs, and rent burden before opening a specific county profile.

Distribution

Rent Distribution in New Jersey

How median rents are spread across 21 counties

All New Jersey Counties

Sorted by median rent, highest first. A higher cost score means lower rent and owner cost pressure within the national scoring model.

CountyMedian RentHome ValueOwner CostCost ScoreRent/Income
Somerset County
Over $1,500$2,033/mo
$552,100$2,465/mo1.229.6%
Bergen County
Over $1,500$1,914/mo
$623,000$2,731/mo1.330.5%
Morris County
Over $1,500$1,904/mo
$582,500$2,576/mo1.628.0%
Hudson County
Over $1,500$1,894/mo
$539,700$2,596/mo1.528.5%
Middlesex County
Over $1,500$1,871/mo
$462,900$2,214/mo2.229.1%
Monmouth County
Over $1,500$1,827/mo
$606,100$2,406/mo2.031.6%
Ocean County
Over $1,500$1,755/mo
$398,400$1,666/mo5.335.2%
Burlington County
Over $1,500$1,745/mo
$354,000$1,908/mo3.931.2%
Union County
Over $1,500$1,730/mo
$529,200$2,632/mo2.330.8%
Hunterdon County
Over $1,500$1,687/mo
$517,200$2,432/mo3.029.1%
Mercer County
Over $1,500$1,623/mo
$377,700$2,019/mo4.430.0%
Passaic County
Over $1,500$1,621/mo
$459,500$2,420/mo3.434.1%
Sussex County
Over $1,500$1,585/mo
$369,400$2,034/mo4.732.8%
Essex County
Over $1,500$1,531/mo
$524,100$2,744/mo3.932.8%
Gloucester County
Over $1,500$1,531/mo
$310,400$1,908/mo5.732.2%
Warren County
$1,000–$1,500$1,409/mo
$346,500$1,810/mo7.428.9%
Camden County
$1,000–$1,500$1,402/mo
$287,100$1,799/mo7.632.2%
Atlantic County
$1,000–$1,500$1,376/mo
$295,000$1,675/mo8.733.5%
Cape May County
$1,000–$1,500$1,360/mo
$434,600$1,622/mo9.432.9%
Cumberland County
$1,000–$1,500$1,282/mo
$221,400$1,414/mo13.332.9%
Salem County
$1,000–$1,500$1,253/mo
$239,500$1,570/mo11.832.5%

Compare New Jersey to Other States

See how New Jersey counties stack up against counties in other states. Compare rent, home values, and affordability side by side.

Start a Comparison

Frequently Asked Questions About New Jersey Housing Costs

Which New Jersey county has the lowest median rent?
Salem County has the lowest median gross rent estimate in this ACS release at $1,253 per month.
Which New Jersey county has the highest median rent?
Somerset County has the highest median gross rent estimate in this ACS release at $2,033 per month; its median home value estimate is $552,100.
How does New Jersey's cost of living compare to the national average?
The unweighted mean of New Jersey county median rents is $1,635 per month, 16% above the national ACS median of $1,413.
What is the unweighted county-mean home value in New Jersey?
The unweighted mean of county median home value estimates in New Jersey is $430,014.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.