Cost to Own
United States › Rankings › New Jersey Counties ranked 21 Data vintage ACS 2023 5-Year

Ranked from ACS 2023 5-Year

Highest Rents in New Jersey

Median gross rent by county, which includes rent plus the utilities the tenant pays. Comparing it against the monthly cost to own is the honest version of the rent-versus-buy question.

Where does yours land? Every county in America is somewhere on this scale, including the one you live in.

New Jersey ranked

#County Median rentMonthly to ownMedian home
1 Somerset County $1,921$4,430$523,900
2 Bergen County $1,863$4,875$593,200
3 Morris County $1,860$4,643$557,000
4 Hudson County $1,811$4,283$508,600
5 Middlesex County $1,810$3,861$439,300
6 Monmouth County $1,771$4,703$566,500
7 Hunterdon County $1,707$4,269$498,800
8 Ocean County $1,702$3,129$366,600
9 Burlington County $1,669$2,990$326,700
10 Union County $1,664$4,205$488,800
11 Passaic County $1,553$3,888$439,400
12 Mercer County $1,515$3,221$351,000
13 Sussex County $1,503$3,139$342,800
14 Gloucester County $1,480$2,718$283,500
15 Essex County $1,459$4,241$494,400
16 Warren County $1,368$2,988$323,100
17 Camden County $1,346$2,589$262,200
18 Cape May County $1,345$3,206$395,000
19 Atlantic County $1,325$2,547$272,700
20 Cumberland County $1,254$1,975$205,600
21 Salem County $1,185$2,229$223,000

Every figure is modelled on the county's own median home with 20% down at 7.03%. Property tax and electricity are county and state specific; homeowners insurance uses the NAIC average premium for that state, which ranges from 0.16% of home value in Hawaii to 1.16% in Oklahoma. Maintenance and water are national estimates. Full methodology.

Nationwide

Highest Rents across all 3,133 US counties · Every county in New Jersey

Other rankings

All 31 rankings