Average Rent in Middlesex-Somerset-Hunterdon, NJ
The Fair Market Rent for a 2-bedroom in Middlesex-Somerset-Hunterdon, NJ is $2,486 per month, based on HUD data. With a median household income of $97,334, a household would spend 30.6% of income on housing at Fair Market Rent. Rent has increased 9.2% year over year. The national median 2BR FMR is $1,250/mo for comparison.
Fair Market Rent by Bedroom
| Size | Monthly FMR |
|---|---|
| Studio | $1,804 |
| 1 Bedroom | $1,978 |
| 2 Bedroom | $2,486 |
| 3 Bedroom | $2,981 |
| 4 Bedroom | $3,296 |
Affordability
| Metric | Value |
|---|---|
| Median Household Income | $97,334 |
| Rent Burden (2BR FMR / Income) | 30.6% |
| Income Needed for 2BR (30% rule) | $99,440/yr |