City Report · NJ

Randolph

·137th most expensive in New Jersey·Randolph rents are up 9.6% over the past year
Median rent (all units)
$2,241/mo
Year-over-Year
+9.6%
Month-over-Month
-0.8%
vs US Median
+$309
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
Randolph · $2,241
More expensive than 71% of US cities · National median $1,932/mo
Affordability
37% of income
MODERATE
0%30% benchmark60%+

At $2,241/mo, rent takes about 37% of the US median household income, slightly above the 30% benchmark.

Income to afford
$90,000/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
Fair Market Rent (HUD)
$2,400/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,241 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: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of New Jersey

Rent in Randolph changed +9.6% over the year to September 2026. Across the 121 New Jersey cities Zillow tracks, the typical change was +3.1%.

Recent direction

Rent rose in 7 of the last 12 months.

Cheaper nearby

Orange, 19 miles away, rents for 12% less ($1,968/mo), about $3,300 a year in savings.

From Zillow's monthly rent index (ZORI) for Randolph.

Annual cost
$26,892/yr
At $2,241/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 9.6% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+9.6% YoY, -0.8% 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 $2,241/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: October 17, 2026

The median rent in Randolph is $2,241/mo as of October 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 37% of estimated US median household income ($72,000/yr), Randolph ranks as moderate compared to the national benchmark of 30%. Rents have increased 9.6% over the past year.

FAQ

Frequently asked questions

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 $90,000/year (about $43/hour full-time) to afford the median rent of $2,241/mo in Randolph.

Is rent going up or down in Randolph?

Rent in Randolph has risen 9.6% over the past year.

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

Randolph is one of the more affordable among New Jersey cities for rent, ranking #137 of 178 tracked cities at $2,241/mo. Over the year to September 2026, rent in Randolph changed +9.6%, against a typical +3.1% across the 121 New Jersey cities Zillow tracks.
Income Affordability
37%
MODERATE

At $2,241/mo, rent takes ~37% of US median household income ($72,000/yr). The standard benchmark is 30%.

Randolph 37%Benchmark 30%
State income tax1.4–10.75%
Run the Randolph affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

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Public schools near Randolph, NJ

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