Rents are 6% above what Phillipsburg's 10-year trend predicts — running hotter than its own history.
Rent by unit size
Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: July 20, 2026
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Who lives here
Phillipsburg, NJ is majority owner-occupied, 24.6% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Phillipsburg, NJ has changed in 5 years
The median rent in Phillipsburg, NJ stood at $1,507 in 2022 and currently runs about $2,000, reflecting a 32.7% increase over the period. Household income in the area moved from $57,292 to $68,324 across the same window, up 19.3% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 1.0% since 2021, moving from about 15,146 residents to roughly 15,299. College-educated residents now make up 24.6% of adults here, versus 21.3% in 2021. Reading these numbers side by side helps frame whether current listings in Phillipsburg, NJ look reasonable against where the market sat half a decade ago.
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Can you afford rent in Phillipsburg on your salary?
At $2,000/mo, how Phillipsburg rent compares to typical pay (30% rule).
Phillipsburg rent by bedroom count
Median rent for each apartment size in Phillipsburg. Click any size for full breakdown.
Tips for renters in Phillipsburg
Last updated: July 20, 2026
The median rent in Phillipsburg is $2,000/mo as of July 2026. A studio apartment averages $1,340/mo while a 2-bedroom runs $1,630/mo. One-bedroom apartments average $1,350/mo and 3-bedroom units go for $2,090/mo.
At 35% of local median household income ($68,324/yr), Phillipsburg ranks as moderate compared to the national benchmark of 30%. Rents have increased 14.0% over the past year.
Frequently asked questions
Is Phillipsburg an affordable city for renters?
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How does Phillipsburg rent compare to other cities in New Jersey?
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What percentage of Phillipsburg residents rent vs. own?
How does Phillipsburg rent compare to the national average?
At $2,000/mo, rent takes ~35% of Phillipsburg's median household income ($68,324/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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