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City Report · NJ

Caldwell

Pop. 9,003·114th most expensive in New Jersey·Rental market data updated monthly for Caldwell, NJ
Median rent (all units)
$2,499/mo
Year-over-Year
Stable
Month-over-Month
+11.3%
vs US Median
+$534
Rising (Monthly)
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Most AffordableMost Expensive
Caldwell · $2,499
More expensive than 79% of US cities · National median $1,965/mo
Affordability
31% of income
MODERATE
0%30% benchmark60%+

At $2,499/mo, rent takes about 31% of the local median household income, slightly above the 30% benchmark.

Income to afford
$100,000/yr
Local median income
$96,824/yr
Based on the 30%-of-income rule using Caldwell's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,670
1 BR
$1,645
2 BR
$2,706
3 BR
$2,641
4 BR+
$2,853
Research median
$2,706/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
$29,988/yr
At $2,499/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +11.3% MoM), not inventory.
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Demographics

Who lives here

Caldwell, NJ is majority renter-occupied, has a median income above the national average, 56.9% of residents hold a bachelor's degree or higher.

Population
9,003
Median income
$96,824
Median age
37.2
Renters
58.1%
Age distribution
20%
24.9%
24.4%
18.7%
Under 1820%
18–3424.9%
35–5424.4%
55–6412%
65+18.7%
Gender
50.7%
49.3%
Male50.7%
Female49.3%
Race & ethnicity
59%
20.8%
13.9%
White59%
Black4.8%
Hispanic20.8%
Asian13.9%
Other1.6%
Education (25+)
18.3%
17.4%
56.9%
No HS diploma7.5%
HS diploma18.3%
Some college17.4%
Bachelor's+56.9%
Housing tenure
41.9%
58.1%
Owner41.9%
Renter58.1%

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

2021 vs 2026

How Caldwell, NJ has changed in 5 years

Income
$107,596 → $96,824
down 10.0%
Population
8,800 → 9,003
up 2.3%
Renter share
50.8% → 58.1%
+7.3 pts
Bachelor's+
57.3% → 56.9%
-0.4 pts
Median age
38 → 37.2
-0.8 yrs

Median household income fell from $107,596 to $96,824 between 2021 and 2024, a 10.0% shift. Headcount in the area went from 8,800 to 9,003 between 2021 and 2024, a 2.3% change. About 58.1% of households rent today, against 50.8% in 2021.

Community

Discussions about Caldwell

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

Can you afford rent in Caldwell on your salary?

At $2,499/mo, how Caldwell rent compares to typical pay (30% rule).

By apartment size

Caldwell rent by bedroom count

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

Local insights

Tips for renters in Caldwell

About renting in Caldwell, NJ

Last updated: June 22, 2026

The median rent in Caldwell is $2,499/mo as of June 2026. A studio apartment averages $1,670/mo while a 2-bedroom runs $2,706/mo. One-bedroom apartments average $1,645/mo and 3-bedroom units go for $2,641/mo.

At 31% of local median household income ($96,824/yr), Caldwell ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Caldwell an affordable city for renters?

Caldwell is considered moderate for renters. At $2,499/mo, rent takes approximately 31% of the local median household income ($96,824/yr). The standard benchmark is 30%. Caldwell slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Caldwell?

To keep rent at or below 30% of gross income, you would need to earn at least $100,000/year (~$48/hour full-time) to afford the median rent of $2,499/mo in Caldwell. The local median household income is $96,824/yr, meaning the typical Caldwell household falls short of that threshold.

Is rent going up or down in Caldwell?

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

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

Caldwell is middle-of-the-pack for New Jersey for rent, ranking #114 out of 186 tracked cities at $2,499/mo.

What percentage of Caldwell residents rent vs. own?

According to Census data, approximately 58.1% of Caldwell households are renters, while 41.9% are owner-occupied. With a majority renter population, Caldwell has a strong rental market.

How does Caldwell rent compare to the national average?

Caldwell's median rent of $2,499/mo is $534 (27%) above the US national median of $1,965/mo. Within New Jersey, it ranks #114 out of 186 tracked cities.
Income Affordability
31%
MODERATE

At $2,499/mo, rent takes ~31% of Caldwell's median household income ($96,824/yr). The standard benchmark is 30%.

Caldwell 31%Benchmark 30%
State income tax1.4–10.75%
Run the Caldwell affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Caldwell, NJ

Recent submissions

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