City Report · NJ

Bridgewater Township

·41st most expensive in New Jersey·Bridgewater Township rents are up 8.2% over the past year
Median rent (all units)
$2,994/mo
Year-over-Year
+8.2%
Month-over-Month
-1.1%
vs US Median
+$1,032
Falling (Monthly)
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Most AffordableMost Expensive
Bridgewater Township · $2,994
More expensive than 90% of US cities · National median $1,962/mo
Affordability
50% of income
STRETCHED
0%30% benchmark60%+

At $2,994/mo, rent takes about 50% of the US median household income, well above the 30% benchmark.

Income to afford
$120,000/yr
US median income
$72,000/yr
Based on the 30%-of-income rule using Bridgewater Township's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,670
1 BR
$1,880
2 BR
$2,360
3 BR
$2,840
4 BR+
$3,130
Fair Market Rent (HUD)
$2,360/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,994 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
$35,928/yr
At $2,994/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (8.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+8.2% YoY, -1.1% MoM), not inventory.
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View Bridgewater Township rent history (2015–2026) →
Salary vs rent

Can you afford rent in Bridgewater Township on your salary?

At $2,994/mo, how Bridgewater Township rent compares to typical pay (30% rule).

By apartment size

Bridgewater Township rent by bedroom count

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

Local insights

Tips for renters in Bridgewater Township

About renting in Bridgewater Township, NJ

Last updated: August 17, 2026

The median rent in Bridgewater Township is $2,994/mo as of August 2026. A studio apartment averages $1,670/mo while a 2-bedroom runs $2,360/mo. One-bedroom apartments average $1,880/mo and 3-bedroom units go for $2,840/mo.

At 50% of estimated US median household income ($72,000/yr), Bridgewater Township ranks as moderate compared to the national benchmark of 30%. Rents have increased 8.2% over the past year.

FAQ

Frequently asked questions

Is Bridgewater Township an affordable city for renters?

Bridgewater Township is considered stretched for renters. At $2,994/mo, rent takes approximately 50% of the US median household income ($72,000/yr). The standard benchmark is 30%. Bridgewater Township significantly exceeds that threshold, making it challenging for many renters.

How much income do you need to rent in Bridgewater Township?

To keep rent at or below 30% of gross income, you would need to earn at least $120,000/year (~$58/hour full-time) to afford the median rent of $2,994/mo in Bridgewater Township.

Is rent going up or down in Bridgewater Township?

Rent in Bridgewater Township has increased 8.2% over the past year as of August 2026, putting upward pressure on renter budgets.

How does Bridgewater Township rent compare to other cities in New Jersey?

Bridgewater Township is one of the pricier cities in New Jersey for rent, ranking #41 out of 183 tracked cities at $2,994/mo.

Which nearby cities are cheaper to rent in than Bridgewater Township?

Several nearby cities have lower median rents than Bridgewater Township ($2,994/mo): Bound Brook ($2,128/mo), Raritan ($2,500/mo), Somerville ($2,524/mo).

How does Bridgewater Township rent compare to the national average?

Bridgewater Township's median rent of $2,994/mo is $1,032 (53%) above the US national median of $1,962/mo. Within New Jersey, it ranks #41 out of 183 tracked cities.
Income Affordability
50%
STRETCHED

At $2,994/mo, rent takes ~50% of US median household income ($72,000/yr). The standard benchmark is 30%.

Bridgewater Township 50%Benchmark 30%
State income tax1.4–10.75%
Run the Bridgewater Township affordability calculator →
Lowest-rent ZIP codes in Bridgewater Township
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Neighborhoods

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Public schools near Bridgewater Township, NJ

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