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City Report · NJ

Washington

Pop. 7,334·162nd most expensive in New Jersey·Washington rents are up 19.8% over the past year
Median rent (all units)
$1,954/mo
Year-over-Year
+19.8%
Month-over-Month
-0.1%
vs US Median
-$11
Stable (Monthly)
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Most AffordableMost Expensive
Washington · $1,954
More expensive than 56% of US cities · National median $1,965/mo
Affordability
29% of income
AFFORDABLE
0%30% benchmark60%+

At $1,954/mo, rent takes about 29% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$78,000/yr
Local median income
$81,336/yr
Based on the 30%-of-income rule using Washington's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,450
1 BR
$1,630
2 BR
$2,050
3 BR
$2,490
4 BR+
$2,730
Research median
$2,050/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
$23,448/yr
At $1,954/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 19.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+19.8% YoY, -0.1% MoM), not inventory.
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Demographics

Who lives here

Washington, NJ is majority owner-occupied, 27.1% of residents hold a bachelor's degree or higher.

Population
7,334
Median income
$81,336
Median age
39.3
Renters
41.6%
Age distribution
23.5%
21.9%
27.5%
13.7%
13.4%
Under 1823.5%
18–3421.9%
35–5427.5%
55–6413.7%
65+13.4%
Gender
50.6%
49.4%
Male50.6%
Female49.4%
Race & ethnicity
71.2%
19.6%
White71.2%
Black5%
Hispanic19.6%
Asian2.3%
Other1.9%
Education (25+)
37.7%
28%
27.1%
No HS diploma7.2%
HS diploma37.7%
Some college28%
Bachelor's+27.1%
Housing tenure
58.4%
41.6%
Owner58.4%
Renter41.6%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Washington, NJ has changed in 5 years

Income
$63,183 → $81,336
up 28.7%
Population
7,172 → 7,334
up 2.3%
Renter share
46.1% → 41.6%
-4.5 pts
Bachelor's+
18.8% → 27.1%
+8.3 pts
Median age
38.6 → 39.3
+0.7 yrs

Household income in the area moved from $63,183 to $81,336 across the same window, up 28.7% versus 2021. Census counts show Washington, NJ adding about 162 residents over the five-year window, up 2.3% on net. The renter share has eased from 46.1% to 41.6%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 18.8% to 27.1% across the same window.

Community

Discussions about Washington

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View Washington rent history (2015–2026) →
Salary vs rent

Can you afford rent in Washington on your salary?

At $1,954/mo, how Washington rent compares to typical pay (30% rule).

By apartment size

Washington rent by bedroom count

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

Local insights

Tips for renters in Washington

About renting in Washington, NJ

Last updated: July 20, 2026

The median rent in Washington is $1,954/mo as of July 2026. A studio apartment averages $1,450/mo while a 2-bedroom runs $2,050/mo. One-bedroom apartments average $1,630/mo and 3-bedroom units go for $2,490/mo.

At 29% of local median household income ($81,336/yr), Washington ranks as affordable compared to the national benchmark of 30%. Rents have increased 19.8% over the past year.

FAQ

Frequently asked questions

Is Washington an affordable city for renters?

Washington is considered affordable for renters. At $1,954/mo, rent takes approximately 29% of the local median household income ($81,336/yr). The standard benchmark is 30%. Washington falls comfortably within that range.

How much income do you need to rent in Washington?

To keep rent at or below 30% of gross income, you would need to earn at least $78,000/year (~$38/hour full-time) to afford the median rent of $1,954/mo in Washington. The local median household income is $81,336/yr, meaning the typical Washington household meets that threshold.

Is rent going up or down in Washington?

Rent in Washington has increased 19.8% over the past year as of July 2026, putting upward pressure on renter budgets.

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

Washington is one of the more affordable cities in New Jersey for rent, ranking #162 out of 180 tracked cities at $1,954/mo.

Which nearby cities are cheaper to rent in than Washington?

Several nearby cities have lower median rents than Washington ($1,954/mo): Bangor ($1,313/mo), Easton ($1,935/mo).

What percentage of Washington residents rent vs. own?

According to Census data, approximately 41.6% of Washington households are renters, while 58.4% are owner-occupied. Washington leans toward homeownership, which can mean a smaller rental inventory.

How does Washington rent compare to the national average?

Washington's median rent of $1,954/mo is $11 (1%) below the US national median of $1,965/mo. Within New Jersey, it ranks #162 out of 180 tracked cities.
Income Affordability
29%
AFFORDABLE

At $1,954/mo, rent takes ~29% of Washington's median household income ($81,336/yr). The standard benchmark is 30%.

Washington 29%Benchmark 30%
State income tax1.4–10.75%
Run the Washington affordability calculator →
Lowest-rent ZIP codes in Washington
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Washington, NJ

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