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City Report · NJ

Randolph

·155th most expensive in New Jersey·Rental market data updated monthly for Randolph, NJ
Median rent (all units)
$2,049/mo
Year-over-Year
Stable
Month-over-Month
-1.2%
vs US Median
+$84
Falling (Monthly)
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Most AffordableMost Expensive
Randolph · $2,049
More expensive than 62% of US cities · National median $1,965/mo
Affordability
34% of income
MODERATE
0%30% benchmark60%+

At $2,049/mo, rent takes about 34% of the US median household income, slightly above the 30% benchmark.

Income to afford
$82,000/yr
US median income
$72,000/yr
Based on the 30%-of-income rule using Randolph's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,740
1 BR
$1,980
2 BR
$2,400
3 BR
$3,020
4 BR+
$3,440
Research median
$2,400/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
$24,588/yr
At $2,049/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 0.0% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+0.0% YoY, -1.2% MoM), not inventory.
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View Randolph rent history (2015–2026) →
Salary vs rent

Can you afford rent in Randolph on your salary?

At $2,049/mo, how Randolph rent compares to typical pay (30% rule).

By apartment size

Randolph rent by bedroom count

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

Local insights

Tips for renters in Randolph

About renting in Randolph, NJ

Last updated: July 20, 2026

The median rent in Randolph is $2,049/mo as of July 2026. A studio apartment averages $1,740/mo while a 2-bedroom runs $2,400/mo. One-bedroom apartments average $1,980/mo and 3-bedroom units go for $3,020/mo.

At 34% of estimated US median household income ($72,000/yr), Randolph ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Randolph an affordable city for renters?

Randolph is considered moderate for renters. At $2,049/mo, rent takes approximately 34% of the US median household income ($72,000/yr). The standard benchmark is 30%. Randolph slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Randolph?

To keep rent at or below 30% of gross income, you would need to earn at least $82,000/year (~$39/hour full-time) to afford the median rent of $2,049/mo in Randolph.

Is rent going up or down in Randolph?

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

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

Randolph is one of the more affordable cities in New Jersey for rent, ranking #155 out of 180 tracked cities at $2,049/mo.

How does Randolph rent compare to the national average?

Randolph's median rent of $2,049/mo is $84 (4%) above the US national median of $1,965/mo. Within New Jersey, it ranks #155 out of 180 tracked cities.
Income Affordability
34%
MODERATE

At $2,049/mo, rent takes ~34% of US median household income ($72,000/yr). The standard benchmark is 30%.

Randolph 34%Benchmark 30%
State income tax1.4–10.75%
Run the Randolph affordability calculator →
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Neighborhoods

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Schools nearby

Public schools near Randolph, NJ

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