At $2,070/mo, rent takes about 27% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,070 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 →
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in Bound Brook changed +10.8% over the year to September 2026. Across the 121 New Jersey cities Zillow tracks, the typical change was +3.1%.
Rent has risen 10 months in a row, and rose in 11 of the last 12 months.
30% of the median household income ($90,571) is $2,264 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,070); a 3-bedroom is $2,490.
Morrisville, PA, 29 miles away, rents for 20% less ($1,660/mo), about $4,900 a year in savings.
From Zillow's monthly rent index (ZORI) for Bound Brook. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Bound Brook, NJ has changed in 5 years
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.
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Can you afford rent in Bound Brook on your salary?
At $2,070/mo, how Bound Brook rent compares to typical pay (30% rule).
Bound Brook rent by bedroom count
Median rent for each apartment size in Bound Brook. Click any size for full breakdown.
Tips for renters in Bound Brook
Last updated: October 17, 2026
The median rent in Bound Brook is $2,070/mo as of October 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 27% of local median household income ($90,571/yr), Bound Brook ranks as affordable compared to the national benchmark of 30%. Rents have increased 10.8% over the past year.
Frequently asked questions
How much income do you need to rent in Bound Brook?
Is rent going up or down in Bound Brook?
How does Bound Brook rent compare to other cities in New Jersey?
At $2,070/mo, rent takes ~27% of Bound Brook's median household income ($90,571/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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