At $2,525/mo, rent takes about 28% of the local median household income, comfortably within 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 $2,525 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
Rent in Raritan changed +3.0% over the year to September 2026. Across the 121 New Jersey cities Zillow tracks, the typical change was +3.1%.
Rent rose in 7 of the last 12 months.
30% of the median household income ($107,672) is $2,692 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,650); a 4-bedroom is $2,920.
Somerville, 2 miles away, rents for 10% less ($2,270/mo), about $3,100 a year in savings.
From Zillow's monthly rent index (ZORI) for Raritan. 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
Raritan, NJ is roughly split between renters and owners, has a median income above the national average, 44.5% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Raritan, NJ has changed in 5 years
Census figures show median household income at $107,672 today, compared with $90,125 five years earlier. The population has grown by 4.7% since 2021, moving from about 7,993 residents to roughly 8,368. Renters now make up 50.1% of households, compared with 44.1% five years ago. College-educated residents now make up 44.5% of adults here, versus 36.6% in 2021.
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Can you afford rent in Raritan on your salary?
At $2,525/mo, how Raritan rent compares to typical pay (30% rule).
Raritan rent by bedroom count
Median rent for each apartment size in Raritan. Click any size for full breakdown.
Tips for renters in Raritan
Last updated: October 17, 2026
The median rent in Raritan is $2,525/mo as of October 2026. A studio apartment averages $1,560/mo while a 2-bedroom runs $2,200/mo. One-bedroom apartments average $1,750/mo and 3-bedroom units go for $2,650/mo.
At 28% of local median household income ($107,672/yr), Raritan ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.0% over the past year.
Frequently asked questions
How much income do you need to rent in Raritan?
Is rent going up or down in Raritan?
How does Raritan rent compare to other cities in New Jersey?
Which nearby cities are cheaper to rent in than Raritan?
At $2,525/mo, rent takes ~28% of Raritan's median household income ($107,672/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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