City Report · NJ

Hackettstown

Pop. 10,140·87th most expensive in New Jersey·One of the pricier rental markets in the US
Median rent (all units)
$2,544/mo
Year-over-Year
Stable
Month-over-Month
-0.6%
vs US Median
+$612
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
Hackettstown · $2,544
More expensive than 81% of US cities · National median $1,932/mo
Affordability
33% of income
MODERATE
0%30% benchmark60%+

At $2,544/mo, rent takes about 33% of the local median household income, slightly above the 30% benchmark.

Income to afford
$102,000/yr
Local median income
$93,083/yr
Based on the 30%-of-income rule using Hackettstown's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,470
1 BR
$1,520
2 BR
$1,840
3 BR
$2,350
4 BR+
$2,730
Fair Market Rent (HUD)
$1,840/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,544 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: September 25, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($93,083) is $2,327 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,840); a 3-bedroom is $2,350.

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

Annual cost
$30,528/yr
At $2,544/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, -0.6% MoM), not inventory.
Rent check

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Demographics

Who lives here

Hackettstown, NJ is majority owner-occupied, has a median income above the national average, 37.5% of residents hold a bachelor's degree or higher.

Population
10,140
Median income
$93,083
Median age
37.4
Renters
42.2%
Age distribution
21.2%
25.2%
27.3%
14.8%
Under 1821.2%
18–3425.2%
35–5427.3%
55–6411.4%
65+14.8%
Gender
48.4%
51.6%
Male48.4%
Female51.6%
Race & ethnicity
66%
25.7%
White66%
Black5.2%
Hispanic25.7%
Asian5.9%
Education (25+)
28.9%
27.1%
37.5%
No HS diploma6.5%
HS diploma28.9%
Some college27.1%
Bachelor's+37.5%
Housing tenure
57.8%
42.2%
Owner57.8%
Renter42.2%

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

2021 vs 2026

How Hackettstown, NJ has changed in 5 years

Income
$79,621 → $93,083
up 16.9%
Population
10,221 → 10,140
down 0.8%
Renter share
40.4% → 42.2%
+1.8 pts
Bachelor's+
36.8% → 37.5%
+0.7 pts
Median age
38.3 → 37.4
-0.9 yrs

Census figures show median household income at $93,083 today, compared with $79,621 five years earlier. About 42.2% of households rent today, against 40.4% in 2021.

Community

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

Can you afford rent in Hackettstown on your salary?

At $2,544/mo, how Hackettstown rent compares to typical pay (30% rule).

By apartment size

Hackettstown rent by bedroom count

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

Local insights

Tips for renters in Hackettstown

About renting in Hackettstown, NJ

Last updated: September 25, 2026

The median rent in Hackettstown is $2,544/mo as of September 2026. A studio apartment averages $1,470/mo while a 2-bedroom runs $1,840/mo. One-bedroom apartments average $1,520/mo and 3-bedroom units go for $2,350/mo.

At 33% of local median household income ($93,083/yr), Hackettstown ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Hackettstown?

To keep rent at or below 30% of gross income, you would need to earn at least $102,000/year (about $49/hour full-time) to afford the median rent of $2,544/mo in Hackettstown. The local median household income is $93,083/yr, so the typical household falls short of that bar.

Is rent going up or down in Hackettstown?

Rent in Hackettstown has been roughly flat over the past year, a 0.0% change.

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

Hackettstown is in the middle among New Jersey cities for rent, ranking #87 of 173 tracked cities at $2,544/mo.

Which nearby cities are cheaper to rent in than Hackettstown?

Nearby cities with lower median rent than Hackettstown ($2,544/mo) include Washington ($2,008/mo), Budd Lake ($2,299/mo), and Newton ($2,311/mo).
Income Affordability
33%
MODERATE

At $2,544/mo, rent takes ~33% of Hackettstown's median household income ($93,083/yr). The standard benchmark is 30%.

Hackettstown 33%Benchmark 30%
State income tax1.4–10.75%
Run the Hackettstown affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Hackettstown, NJ

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