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City Report · NJ

Hackettstown

Pop. 10,140·134th most expensive in New Jersey·Rental market data updated monthly for Hackettstown, NJ
Median rent (all units)
$2,296/mo
Year-over-Year
Stable
Month-over-Month
-6.8%
vs US Median
+$331
Falling (Monthly)
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Most AffordableMost Expensive
Hackettstown · $2,296
More expensive than 73% of US cities · National median $1,965/mo
Affordability
30% of income
MODERATE
0%30% benchmark60%+

At $2,296/mo, rent takes about 30% of the local median household income, slightly above the 30% benchmark.

Income to afford
$92,000/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
Research median
$1,840/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: July 20, 2026

Annual cost
$27,552/yr
At $2,296/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -6.8% MoM), not inventory.
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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 $2,296/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: July 20, 2026

The median rent in Hackettstown is $2,296/mo as of July 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 30% 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

Is Hackettstown an affordable city for renters?

Hackettstown is considered moderate for renters. At $2,296/mo, rent takes approximately 30% of the local median household income ($93,083/yr). The standard benchmark is 30%. Hackettstown slightly exceeds that threshold, so budgeting carefully matters here.

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 $92,000/year (~$44/hour full-time) to afford the median rent of $2,296/mo in Hackettstown. The local median household income is $93,083/yr, meaning the typical Hackettstown household meets that threshold.

Is rent going up or down in Hackettstown?

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

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

Hackettstown is one of the more affordable cities in New Jersey for rent, ranking #134 out of 180 tracked cities at $2,296/mo.

Which nearby cities are cheaper to rent in than Hackettstown?

Several nearby cities have lower median rents than Hackettstown ($2,296/mo): Newton ($1,811/mo), Washington ($1,954/mo).

What percentage of Hackettstown residents rent vs. own?

According to Census data, approximately 42.2% of Hackettstown households are renters, while 57.8% are owner-occupied. Hackettstown leans toward homeownership, which can mean a smaller rental inventory.

How does Hackettstown rent compare to the national average?

Hackettstown's median rent of $2,296/mo is $331 (17%) above the US national median of $1,965/mo. Within New Jersey, it ranks #134 out of 180 tracked cities.
Income Affordability
30%
MODERATE

At $2,296/mo, rent takes ~30% of Hackettstown's median household income ($93,083/yr). The standard benchmark is 30%.

Hackettstown 30%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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