Cost of Living in Warren County, New Jersey

$1,368/mo
Median Monthly Rent
$323,100
Median Home Value

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

National Ranking

Affordability Rank

Warren County ranks #1,720 of 3,144 counties for affordability (bottom 45%)

Most AffordableLeast Affordable

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.

Cost of Living Advisory: Warren County

Affordability Verdict

For renters in Warren County, the market is affordable. Expect to pay around $1,368/month in gross rent, with 28.0% of renter households considered cost-burdened.

Rent vs. Own

The median rent in Warren County is $1,368/month, while owner costs run $1,779/month. Renting saves approximately $411/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $54,720/year. For owner costs at the 28% rule, the required income is roughly $76,243/year. With a median household income of $99,596, most households can comfortably afford rent here. Notably, 28.0% of renter households in Warren County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within New Jersey, Warren County is less affordable than Essex County by roughly 6% ($1,368/mo vs $1,459/mo).

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%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $99,596Needed: $54,720
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $99,596Needed: $76,243
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $99,596Needed: $75,194

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

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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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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