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

Ranked from ACS 2023 5-Year

Lowest Rents in New Jersey

Median gross rent by county, lowest first, including the utilities a tenant pays. Set these against the monthly cost to own the same county's median home: where the two are close, buying is not the stretch it looks like.

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

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

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

Other rankings

All 31 rankings