City Report · NJ

Bedminster

Pop. 1,670·50th most expensive in New Jersey·One of the pricier rental markets in the US
Median rent (all units)
$2,922/mo
Year-over-Year
-2.0%
Month-over-Month
+0.3%
vs US Median
+$960
Stable (Monthly)
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Most AffordableMost Expensive
Bedminster · $2,922
More expensive than 89% of US cities · National median $1,962/mo
Affordability
27% of income
AFFORDABLE
0%30% benchmark60%+

At $2,922/mo, rent takes about 27% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$117,000/yr
Local median income
$128,594/yr
Based on the 30%-of-income rule using Bedminster's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,950
1 BR
$2,190
2 BR
$2,760
3 BR
$3,330
4 BR+
$3,660
Fair Market Rent (HUD)
$2,760/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,922 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$35,064/yr
At $2,922/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (-2.0% YoY, +0.3% MoM), not inventory.
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Demographics

Who lives here

Bedminster, NJ is majority owner-occupied, has a median income above the national average, 53.1% of residents hold a bachelor's degree or higher.

Population
1,670
Median income
$128,594
Median age
43.4
Renters
27.7%
Age distribution
18.7%
21.8%
22.6%
21.6%
15.3%
Under 1818.7%
18–3421.8%
35–5422.6%
55–6421.6%
65+15.3%
Gender
45%
55%
Male45%
Female55%
Race & ethnicity
75.3%
22.3%
White75.3%
Black1.1%
Hispanic22.3%
Asian4.3%
Education (25+)
20%
19.5%
53.1%
No HS diploma7.4%
HS diploma20%
Some college19.5%
Bachelor's+53.1%
Housing tenure
72.3%
27.7%
Owner72.3%
Renter27.7%

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

2021 vs 2026

How Bedminster, NJ has changed in 5 years

Income
$123,929 → $128,594
up 3.8%
Population
1,222 → 1,670
up 36.7%
Renter share
14.2% → 27.7%
+13.5 pts
Bachelor's+
60.8% → 53.1%
-7.7 pts
Median age
47.7 → 43.4
-4.3 yrs

Local incomes tracked alongside that move, going from a median of $123,929 in 2021 to $128,594 more recently. The population has grown by 36.7% since 2021, moving from about 1,222 residents to roughly 1,670. Renters now make up 27.7% of households, compared with 14.2% five years ago. College-educated residents now make up 53.1% of adults here, versus 60.8% in 2021.

Community

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

Can you afford rent in Bedminster on your salary?

At $2,922/mo, how Bedminster rent compares to typical pay (30% rule).

By apartment size

Bedminster rent by bedroom count

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

Local insights

Tips for renters in Bedminster

About renting in Bedminster, NJ

Last updated: August 17, 2026

The median rent in Bedminster is $2,922/mo as of August 2026. A studio apartment averages $1,950/mo while a 2-bedroom runs $2,760/mo. One-bedroom apartments average $2,190/mo and 3-bedroom units go for $3,330/mo.

At 27% of local median household income ($128,594/yr), Bedminster ranks as affordable compared to the national benchmark of 30%. Rents have decreased 2.0% over the past year.

FAQ

Frequently asked questions

Is Bedminster an affordable city for renters?

Bedminster is considered affordable for renters. At $2,922/mo, rent takes approximately 27% of the local median household income ($128,594/yr). The standard benchmark is 30%. Bedminster falls comfortably within that range.

How much income do you need to rent in Bedminster?

To keep rent at or below 30% of gross income, you would need to earn at least $117,000/year (~$56/hour full-time) to afford the median rent of $2,922/mo in Bedminster. The local median household income is $128,594/yr, meaning the typical Bedminster household meets that threshold.

Is rent going up or down in Bedminster?

Rent in Bedminster has decreased 2.0% over the past year as of August 2026, offering some relief compared to 12 months ago.

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

Bedminster is one of the pricier cities in New Jersey for rent, ranking #50 out of 183 tracked cities at $2,922/mo.

Which nearby cities are cheaper to rent in than Bedminster?

Several nearby cities have lower median rents than Bedminster ($2,922/mo): Raritan ($2,500/mo), Somerville ($2,524/mo).

What percentage of Bedminster residents rent vs. own?

According to Census data, approximately 27.7% of Bedminster households are renters, while 72.3% are owner-occupied. Bedminster leans toward homeownership, which can mean a smaller rental inventory.

How does Bedminster rent compare to the national average?

Bedminster's median rent of $2,922/mo is $960 (49%) above the US national median of $1,962/mo. Within New Jersey, it ranks #50 out of 183 tracked cities.
Income Affordability
27%
AFFORDABLE

At $2,922/mo, rent takes ~27% of Bedminster's median household income ($128,594/yr). The standard benchmark is 30%.

Bedminster 27%Benchmark 30%
State income tax1.4–10.75%
Run the Bedminster affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Bedminster, NJ

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