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City Report · NJ

Perth Amboy

Pop. 55,855·124th most expensive in New Jersey·Rental market data updated monthly for Perth Amboy, NJ
Median rent (all units)
$2,394/mo
Year-over-Year
Stable
Month-over-Month
+5.4%
vs US Median
+$429
Rising (Monthly)
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Most AffordableMost Expensive
Perth Amboy · $2,394
More expensive than 76% of US cities · National median $1,965/mo
Affordability
46% of income
STRETCHED
0%30% benchmark60%+

At $2,394/mo, rent takes about 46% of the local median household income, well above the 30% benchmark.

Income to afford
$96,000/yr
Local median income
$61,977/yr
Based on the 30%-of-income rule using Perth Amboy's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,450
1 BR
$1,630
2 BR
$2,050
3 BR
$2,490
4 BR+
$2,730
Research median
$2,050/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
$28,728/yr
At $2,394/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, +5.4% MoM), not inventory.
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Demographics

Who lives here

Perth Amboy, NJ is majority renter-occupied, has a median income below the national average, 15.7% of residents hold a bachelor's degree or higher.

Population
55,855
Median income
$61,977
Median age
37.9
Renters
64.6%
Age distribution
22.6%
23.8%
28.7%
13.1%
Under 1822.6%
18–3423.8%
35–5428.7%
55–6411.8%
65+13.1%
Gender
49.2%
50.8%
Male49.2%
Female50.8%
Race & ethnicity
20.1%
83.6%
White20.1%
Black7.9%
Hispanic83.6%
Asian1.5%
Education (25+)
33%
27.6%
23.7%
15.7%
No HS diploma33%
HS diploma27.6%
Some college23.7%
Bachelor's+15.7%
Housing tenure
35.4%
64.6%
Owner35.4%
Renter64.6%

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

2021 vs 2026

How Perth Amboy, NJ has changed in 5 years

Income
$53,750 → $61,977
up 15.3%
Population
55,046 → 55,855
up 1.5%
Renter share
67.2% → 64.6%
-2.6 pts
Bachelor's+
13.7% → 15.7%
+2.0 pts
Median age
35.7 → 37.9
+2.2 yrs

Local incomes tracked alongside that move, going from a median of $53,750 in 2021 to $61,977 more recently. Headcount in the area went from 55,046 to 55,855 between 2021 and 2024, a 1.5% change. About 64.6% of households rent today, against 67.2% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 13.7% to 15.7%.

Community

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View Perth Amboy rent history (2015–2026) →
Salary vs rent

Can you afford rent in Perth Amboy on your salary?

At $2,394/mo, how Perth Amboy rent compares to typical pay (30% rule).

By apartment size

Perth Amboy rent by bedroom count

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

Local insights

Tips for renters in Perth Amboy

About renting in Perth Amboy, NJ

Last updated: July 20, 2026

The median rent in Perth Amboy is $2,394/mo as of July 2026. A studio apartment averages $1,450/mo while a 2-bedroom runs $2,050/mo. One-bedroom apartments average $1,630/mo and 3-bedroom units go for $2,490/mo.

At 46% of local median household income ($61,977/yr), Perth Amboy ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Perth Amboy an affordable city for renters?

Perth Amboy is considered stretched for renters. At $2,394/mo, rent takes approximately 46% of the local median household income ($61,977/yr). The standard benchmark is 30%. Perth Amboy significantly exceeds that threshold, making it challenging for many renters.

How much income do you need to rent in Perth Amboy?

To keep rent at or below 30% of gross income, you would need to earn at least $96,000/year (~$46/hour full-time) to afford the median rent of $2,394/mo in Perth Amboy. The local median household income is $61,977/yr, meaning the typical Perth Amboy household falls short of that threshold.

Is rent going up or down in Perth Amboy?

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

How does Perth Amboy rent compare to other cities in New Jersey?

Perth Amboy is one of the more affordable cities in New Jersey for rent, ranking #124 out of 180 tracked cities at $2,394/mo.

What percentage of Perth Amboy residents rent vs. own?

According to Census data, approximately 64.6% of Perth Amboy households are renters, while 35.4% are owner-occupied. With a majority renter population, Perth Amboy has a strong rental market.

How does Perth Amboy rent compare to the national average?

Perth Amboy's median rent of $2,394/mo is $429 (22%) above the US national median of $1,965/mo. Within New Jersey, it ranks #124 out of 180 tracked cities.
Income Affordability
46%
STRETCHED

At $2,394/mo, rent takes ~46% of Perth Amboy's median household income ($61,977/yr). The standard benchmark is 30%.

Perth Amboy 46%Benchmark 30%
State income tax1.4–10.75%
Run the Perth Amboy affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Perth Amboy, NJ

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