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City Report · NJ

Annandale

Pop. 1,568·73rd most expensive in New Jersey·One of the pricier rental markets in the US
Median rent (all units)
$2,768/mo
Year-over-Year
Stable
Month-over-Month
+2.0%
vs US Median
+$803
Rising (Monthly)
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Most AffordableMost Expensive
Annandale · $2,768
More expensive than 86% of US cities · National median $1,965/mo
Affordability
20% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $2,768/mo, rent takes about 20% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$111,000/yr
Local median income
$168,043/yr
Based on the 30%-of-income rule using Annandale's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,780
1 BR
$2,000
2 BR
$2,510
3 BR
$3,020
4 BR+
$3,330
Research median
$2,510/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: June 22, 2026

Annual cost
$33,216/yr
At $2,768/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.0% YoY, +2.0% MoM), not inventory.
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Demographics

Who lives here

Annandale, NJ is majority owner-occupied, has a median income above the national average, 65.7% of residents hold a bachelor's degree or higher.

Population
1,568
Median income
$168,043
Median age
34.2
Renters
35.7%
Age distribution
22.3%
29.6%
21.5%
14.1%
12.6%
Under 1822.3%
18–3429.6%
35–5421.5%
55–6414.1%
65+12.6%
Gender
49%
51%
Male49%
Female51%
Race & ethnicity
79.3%
White79.3%
Hispanic7.3%
Asian8.2%
Other5%
Education (25+)
16.5%
17.2%
65.7%
No HS diploma0.6%
HS diploma16.5%
Some college17.2%
Bachelor's+65.7%
Housing tenure
64.3%
35.7%
Owner64.3%
Renter35.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Annandale, NJ has changed in 5 years

Income
$118,854 → $168,043
up 41.4%
Population
1,742 → 1,568
down 10.0%
Renter share
36.6% → 35.7%
-0.9 pts
Bachelor's+
63% → 65.7%
+2.7 pts
Median age
35.6 → 34.2
-1.4 yrs

Median household income climbed from $118,854 to $168,043 between 2021 and 2024, a 41.4% shift. Census counts show Annandale, NJ losing about 174 residents over the five-year window, down 10.0% on net. Bachelor's-degree-or-higher attainment moved from 63% to 65.7% across the same window.

Community

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View Annandale rent history (2015–2026) →
Salary vs rent

Can you afford rent in Annandale on your salary?

At $2,768/mo, how Annandale rent compares to typical pay (30% rule).

By apartment size

Annandale rent by bedroom count

Median rent for each apartment size in Annandale. Click any size for full breakdown.

Local insights

Tips for renters in Annandale

About renting in Annandale, NJ

Last updated: June 22, 2026

The median rent in Annandale is $2,768/mo as of June 2026. A studio apartment averages $1,780/mo while a 2-bedroom runs $2,510/mo. One-bedroom apartments average $2,000/mo and 3-bedroom units go for $3,020/mo.

At 20% of local median household income ($168,043/yr), Annandale ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Annandale an affordable city for renters?

Annandale is considered very affordable for renters. At $2,768/mo, rent takes approximately 20% of the local median household income ($168,043/yr). The standard benchmark is 30%. Annandale falls comfortably within that range.

How much income do you need to rent in Annandale?

To keep rent at or below 30% of gross income, you would need to earn at least $111,000/year (~$53/hour full-time) to afford the median rent of $2,768/mo in Annandale. The local median household income is $168,043/yr, meaning the typical Annandale household meets that threshold.

Is rent going up or down in Annandale?

Rent in Annandale has been relatively stable over the past year, with a 0.0% change year over year as of June 2026.

How does Annandale rent compare to other cities in New Jersey?

Annandale is middle-of-the-pack for New Jersey for rent, ranking #73 out of 186 tracked cities at $2,768/mo.

Which nearby cities are cheaper to rent in than Annandale?

Several nearby cities have lower median rents than Annandale ($2,768/mo): Washington ($1,954/mo), Somerville ($2,480/mo), Flemington ($2,590/mo).

What percentage of Annandale residents rent vs. own?

According to Census data, approximately 35.7% of Annandale households are renters, while 64.3% are owner-occupied. Annandale leans toward homeownership, which can mean a smaller rental inventory.

How does Annandale rent compare to the national average?

Annandale's median rent of $2,768/mo is $803 (41%) above the US national median of $1,965/mo. Within New Jersey, it ranks #73 out of 186 tracked cities.
Income Affordability
20%
VERY AFFORDABLE

At $2,768/mo, rent takes ~20% of Annandale's median household income ($168,043/yr). The standard benchmark is 30%.

Annandale 20%Benchmark 30%
State income tax1.4–10.75%
Run the Annandale affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Annandale, NJ

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