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City Report · NJ

Bound Brook

Pop. 12,219·150th most expensive in New Jersey·Rental market data updated monthly for Bound Brook, NJ
Median rent (all units)
$2,128/mo
Year-over-Year
-2.8%
Month-over-Month
+0.5%
vs US Median
+$166
Stable (Monthly)
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Most AffordableMost Expensive
Bound Brook · $2,128
More expensive than 65% of US cities · National median $1,962/mo
Affordability
28% of income
AFFORDABLE
0%30% benchmark60%+

At $2,128/mo, rent takes about 28% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$85,000/yr
Local median income
$90,571/yr
Based on the 30%-of-income rule using Bound Brook's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,460
1 BR
$1,650
2 BR
$2,070
3 BR
$2,490
4 BR+
$2,740
Fair Market Rent (HUD)
$2,070/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,128 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
$25,536/yr
At $2,128/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 2.8% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-2.8% YoY, +0.5% MoM), not inventory.
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Demographics

Who lives here

Bound Brook, NJ is majority renter-occupied, has a median income above the national average, 27.1% of residents hold a bachelor's degree or higher.

Population
12,219
Median income
$90,571
Median age
38
Renters
55.2%
Age distribution
21.8%
23.2%
31.5%
14%
Under 1821.8%
18–3423.2%
35–5431.5%
55–649.5%
65+14%
Gender
50.1%
49.9%
Male50.1%
Female49.9%
Race & ethnicity
35.4%
58.6%
White35.4%
Black8.8%
Hispanic58.6%
Asian2.5%
Education (25+)
14.2%
30.1%
28.6%
27.1%
No HS diploma14.2%
HS diploma30.1%
Some college28.6%
Bachelor's+27.1%
Housing tenure
44.8%
55.2%
Owner44.8%
Renter55.2%

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

2021 vs 2026

How Bound Brook, NJ has changed in 5 years

Income
$69,491 → $90,571
up 30.3%
Population
11,799 → 12,219
up 3.6%
Renter share
54.6% → 55.2%
+0.6 pts
Bachelor's+
27.4% → 27.1%
-0.3 pts
Median age
35 → 38
+3.0 yrs

Census figures show median household income at $90,571 today, compared with $69,491 five years earlier. Census counts show Bound Brook, NJ adding about 420 residents over the five-year window, up 3.6% on net.

Community

Discussions about Bound Brook

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View Bound Brook rent history (2015–2026) →
Salary vs rent

Can you afford rent in Bound Brook on your salary?

At $2,128/mo, how Bound Brook rent compares to typical pay (30% rule).

By apartment size

Bound Brook rent by bedroom count

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

Local insights

Tips for renters in Bound Brook

About renting in Bound Brook, NJ

Last updated: August 17, 2026

The median rent in Bound Brook is $2,128/mo as of August 2026. A studio apartment averages $1,460/mo while a 2-bedroom runs $2,070/mo. One-bedroom apartments average $1,650/mo and 3-bedroom units go for $2,490/mo.

At 28% of local median household income ($90,571/yr), Bound Brook ranks as affordable compared to the national benchmark of 30%. Rents have decreased 2.8% over the past year.

FAQ

Frequently asked questions

Is Bound Brook an affordable city for renters?

Bound Brook is considered affordable for renters. At $2,128/mo, rent takes approximately 28% of the local median household income ($90,571/yr). The standard benchmark is 30%. Bound Brook falls comfortably within that range.

How much income do you need to rent in Bound Brook?

To keep rent at or below 30% of gross income, you would need to earn at least $85,000/year (~$41/hour full-time) to afford the median rent of $2,128/mo in Bound Brook. The local median household income is $90,571/yr, meaning the typical Bound Brook household meets that threshold.

Is rent going up or down in Bound Brook?

Rent in Bound Brook has decreased 2.8% over the past year as of August 2026, offering some relief compared to 12 months ago.

How does Bound Brook rent compare to other cities in New Jersey?

Bound Brook is one of the more affordable cities in New Jersey for rent, ranking #150 out of 183 tracked cities at $2,128/mo.

What percentage of Bound Brook residents rent vs. own?

According to Census data, approximately 55.2% of Bound Brook households are renters, while 44.8% are owner-occupied. With a majority renter population, Bound Brook has a strong rental market.

How does Bound Brook rent compare to the national average?

Bound Brook's median rent of $2,128/mo is $166 (8%) above the US national median of $1,962/mo. Within New Jersey, it ranks #150 out of 183 tracked cities.
Income Affordability
28%
AFFORDABLE

At $2,128/mo, rent takes ~28% of Bound Brook's median household income ($90,571/yr). The standard benchmark is 30%.

Bound Brook 28%Benchmark 30%
State income tax1.4–10.75%
Run the Bound Brook affordability calculator →
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Neighborhoods

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Schools nearby

Public schools near Bound Brook, NJ

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