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City Report · NJ

Hackettstown

Pop. 10,140·120th most expensive in New Jersey·Rental market data updated monthly for Hackettstown, NJ
Median rent (all units)
$2,432/mo
Year-over-Year
Stable
Month-over-Month
+5.9%
vs US Median
+$470
Rising (Monthly)
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Most AffordableMost Expensive
Hackettstown · $2,432
More expensive than 77% of US cities · National median $1,962/mo
Affordability
31% of income
MODERATE
0%30% benchmark60%+

At $2,432/mo, rent takes about 31% of the local median household income, slightly above the 30% benchmark.

Income to afford
$97,000/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 $2,432 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
$29,184/yr
At $2,432/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, +5.9% 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

Discussions about Hackettstown

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

Can you afford rent in Hackettstown on your salary?

At $2,432/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: August 17, 2026

The median rent in Hackettstown is $2,432/mo as of August 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 31% 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 $2,432/mo, rent takes approximately 31% 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 $97,000/year (~$47/hour full-time) to afford the median rent of $2,432/mo in Hackettstown. The local median household income is $93,083/yr, meaning the typical Hackettstown household falls short of 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 August 2026.

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

Hackettstown is middle-of-the-pack for New Jersey for rent, ranking #120 out of 183 tracked cities at $2,432/mo.

Which nearby cities are cheaper to rent in than Hackettstown?

Several nearby cities have lower median rents than Hackettstown ($2,432/mo): Washington ($1,903/mo), Newton ($1,986/mo), Budd Lake ($2,252/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 $2,432/mo is $470 (24%) above the US national median of $1,962/mo. Within New Jersey, it ranks #120 out of 183 tracked cities.
Income Affordability
31%
MODERATE

At $2,432/mo, rent takes ~31% of Hackettstown's median household income ($93,083/yr). The standard benchmark is 30%.

Hackettstown 31%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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