At $2,540/mo, rent takes about 49% of the local median household income, well above the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,540 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 →
12-month history
Last updated: October 17, 2026
What the numbers show
30% of the median household income ($61,977) is $1,549 a month. That covers HUD's Fair Market Rent for up to a studio ($1,450); a 1-bedroom is $1,630.
From Zillow's monthly rent index (ZORI) for Perth Amboy. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Perth Amboy, NJ has changed in 5 years
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%.
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Can you afford rent in Perth Amboy on your salary?
At $2,540/mo, how Perth Amboy rent compares to typical pay (30% rule).
Perth Amboy rent by bedroom count
Median rent for each apartment size in Perth Amboy. Click any size for full breakdown.
Tips for renters in Perth Amboy
Last updated: October 17, 2026
The median rent in Perth Amboy is $2,540/mo as of October 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 49% 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.
Frequently asked questions
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Is rent going up or down in Perth Amboy?
How does Perth Amboy rent compare to other cities in New Jersey?
Which nearby cities are cheaper to rent in than Perth Amboy?
At $2,540/mo, rent takes ~49% of Perth Amboy's median household income ($61,977/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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