City Report · NJ

Cranford

Pop. 1,937·25th most expensive in New Jersey·One of the pricier rental markets in the US
Median rent (all units)
$3,119/mo
Year-over-Year
+2.9%
Month-over-Month
+0.5%
vs US Median
+$1,187
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
Cranford · $3,119
More expensive than 93% of US cities · National median $1,932/mo
Affordability
47% of income
STRETCHED
0%30% benchmark60%+

At $3,119/mo, rent takes about 47% of the local median household income, well above the 30% benchmark.

Income to afford
$125,000/yr
Local median income
$79,508/yr
Based on the 30%-of-income rule using Cranford's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,910
1 BR
$2,180
2 BR
$2,640
3 BR
$3,320
4 BR+
$3,780
Fair Market Rent (HUD)
$2,640/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $3,119 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: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of New Jersey

Rent in Cranford changed +2.9% over the year to September 2026. Across the 121 New Jersey cities Zillow tracks, the typical change was +3.1%.

Recent direction

Rent has risen 3 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($79,508) is $1,988 a month. That covers HUD's Fair Market Rent for up to a studio ($1,910); a 1-bedroom is $2,180.

Cheaper nearby

Roselle, 2 miles away, rents for 20% less ($2,495/mo), about $7,500 a year in savings.

From Zillow's monthly rent index (ZORI) for Cranford. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$37,428/yr
At $3,119/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.9% YoY, +0.5% MoM), not inventory.
Rent check

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Demographics

Who lives here

Cranford, NJ is majority renter-occupied, has a large retiree population, 63.1% of residents hold a bachelor's degree or higher.

Population
1,937
Median income
$79,508
Median age
45.5
Renters
64.6%
Age distribution
12.9%
19.5%
28.4%
12.3%
26.9%
Under 1812.9%
18–3419.5%
35–5428.4%
55–6412.3%
65+26.9%
Gender
48.8%
51.2%
Male48.8%
Female51.2%
Race & ethnicity
80.8%
White80.8%
Black4.5%
Hispanic4%
Asian5.1%
Other5.6%
Education (25+)
22.9%
63.1%
No HS diploma5.1%
HS diploma22.9%
Some college8.9%
Bachelor's+63.1%
Housing tenure
35.4%
64.6%
Owner35.4%
Renter64.6%

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

2021 vs 2026

How Cranford, NJ has changed in 5 years

Income
$89,833 → $79,508
down 11.5%
Population
1,844 → 1,937
up 5.0%
Renter share
62.9% → 64.6%
+1.7 pts
Bachelor's+
48.8% → 63.1%
+14.3 pts
Median age
43.2 → 45.5
+2.3 yrs

Household income in the area moved from $89,833 to $79,508 across the same window, down 11.5% versus 2021. The population has grown by 5.0% since 2021, moving from about 1,844 residents to roughly 1,937. Renters now make up 64.6% of households, compared with 62.9% five years ago. College-educated residents now make up 63.1% of adults here, versus 48.8% in 2021.

Community

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

Can you afford rent in Cranford on your salary?

At $3,119/mo, how Cranford rent compares to typical pay (30% rule).

By apartment size

Cranford rent by bedroom count

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

Local insights

Tips for renters in Cranford

About renting in Cranford, NJ

Last updated: October 17, 2026

The median rent in Cranford is $3,119/mo as of October 2026. A studio apartment averages $1,910/mo while a 2-bedroom runs $2,640/mo. One-bedroom apartments average $2,180/mo and 3-bedroom units go for $3,320/mo.

At 47% of local median household income ($79,508/yr), Cranford ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.9% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Cranford?

To keep rent at or below 30% of gross income, you would need to earn at least $125,000/year (about $60/hour full-time) to afford the median rent of $3,119/mo in Cranford. The local median household income is $79,508/yr, so the typical household falls short of that bar.

Is rent going up or down in Cranford?

Rent in Cranford has risen 2.9% over the past year.

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

Cranford is one of the pricier among New Jersey cities for rent, ranking #25 of 178 tracked cities at $3,119/mo. Over the year to September 2026, rent in Cranford changed +2.9%, against a typical +3.1% across the 121 New Jersey cities Zillow tracks.

Which nearby cities are cheaper to rent in than Cranford?

Nearby cities with lower median rent than Cranford ($3,119/mo) include Rahway ($2,472/mo), Roselle ($2,495/mo), and Union ($2,589/mo).
Income Affordability
47%
STRETCHED

At $3,119/mo, rent takes ~47% of Cranford's median household income ($79,508/yr). The standard benchmark is 30%.

Cranford 47%Benchmark 30%
State income tax1.4–10.75%
Run the Cranford affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Cranford, NJ

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