Cost of Living in Warren County, New Jersey

$1,368/mo
Median Monthly Rent
$323,100
Median Home Value
13% below state averageUnaffordable

At a Glance

Median Monthly Rent
$1,368/mo
13% below state average
Median Home Value
$323,100
15% above national
Rent-to-Income Ratio
28.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Warren County Compares

Median monthly rent comparison

Warren County$1,368/mo
New Jersey Average$1,577/mo
National Median$1,163/mo

Detailed Housing Stats

$1,368/mo
Median Gross Rent
$323,100
Median Home Value
$1,779/mo
Monthly Owner Cost
28.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Warren County, New Jersey

Warren offers rural affordability advantage

Warren County's 16.5% rent-to-income ratio sits well below the national housing stress threshold, supported by a median household income of $99,596 and the lowest rents in this county group at $1,368. Rural New Jersey delivers surprising economic efficiency.

Warren ranks among state's most affordable

Warren's 16.5% rent-to-income ratio beats New Jersey's 19.1% state average by 2.6 percentage points, positioning it as one of the most affordable counties statewide. Only Sussex and Somerset offer better housing affordability ratios.

Warren leads on rent, lags on income

Warren's $1,368 median rent is the lowest of any county in this comparison, but its median household income of $99,596 trails Somerset and Sussex. The tradeoff offers excellent rent affordability for those willing to accept slightly lower local wage scales.

Warren keeps housing costs remarkably low

Renters spend just $1,368 monthly while homeowners pay $1,779, consuming only 16.5% and roughly 21.4% of the $99,596 median household income respectively. This efficiency leaves Warren residents among the most housing-secure in the state.

Warren rewards remote workers and retirees

If you work remotely or are relocating in retirement, Warren County's lowest rents and strong affordability ratio make it an excellent relocation target with small-town character. Compare local job opportunities carefully, as wage scales trail more urban New Jersey counties.

Affordability Calculator

See how your income compares to housing costs in Warren County

$

Rent Burden

16.5%

of gross income

Max Housing (28% Rule)

$2,324

per month

Owner Cost Burden

21.4%

of gross income

The median home in Warren County may be a stretch

Median home value is $323,100. Estimated monthly cost: $2,579 vs. your max of $2,324.

Rent Affordability Guide

Your rent-to-income ratio16.5%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Warren County, New Jersey?
Warren County, New Jersey has a median monthly rent of $1,368/mo and a median home value of $323,100. The affordability rating is Unaffordable, with rent making up approximately 28.0% of median household income.
What is the median rent in Warren County?
The median gross rent in Warren County is $1,368/mo. This is 13% below state average for New Jersey.
Is Warren County affordable?
Warren County is rated Unaffordable based on rent-to-income ratio of 28.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Warren County's rent compare to the state average?
Warren County's median rent of $1,368/mo is 13% below state average of $1,577/mo for New Jersey.
What is the median home value in Warren County?
The median home value in Warren County, New Jersey is $323,100. This is 15% above the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.