At $3,325/mo, rent takes about 37% of the local median household income, slightly 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 $3,325 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: September 25, 2026
What the numbers show
30% of the median household income ($107,053) is $2,676 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,430); a 3-bedroom is $3,060.
From Zillow's monthly rent index (ZORI) for Rockaway. 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
Rockaway, NJ is majority owner-occupied, has a median income above the national average, 38.3% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Rockaway, NJ has changed in 5 years
Local incomes tracked alongside that move, going from a median of $90,048 in 2021 to $107,053 more recently. About 39.6% of households rent today, against 37.2% in 2021.
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At $3,325/mo, how Rockaway rent compares to typical pay (30% rule).
Rockaway rent by bedroom count
Median rent for each apartment size in Rockaway. Click any size for full breakdown.
Tips for renters in Rockaway
Last updated: September 25, 2026
The median rent in Rockaway is $3,325/mo as of September 2026. A studio apartment averages $1,760/mo while a 2-bedroom runs $2,430/mo. One-bedroom apartments average $2,010/mo and 3-bedroom units go for $3,060/mo.
At 37% of local median household income ($107,053/yr), Rockaway 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 Rockaway?
How does Rockaway rent compare to other cities in New Jersey?
Which nearby cities are cheaper to rent in than Rockaway?
At $3,325/mo, rent takes ~37% of Rockaway's median household income ($107,053/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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