Can A Physical Therapist Afford Rent in Freehold, NJ?

Stretched but workable — rent takes 31.3% of gross income.

Freehold rent: June 2026. Salary: BLS OEWS May 2024 (New Jersey state estimate).

Freehold median rent
$2,913/mo
Physical Therapist salary (New Jersey)
$111,675/yr
Rent as % of income
31.3%
Gross monthly income works out to about $9,306, and the 30% rule supports up to $2,792/mo in rent. Freehold's median rent of $2,913 exceeds that threshold by $121/mo, putting a physical therapist salary into the rent-burdened range here. A physical therapist works roughly 54.3 hours a month to cover that rent.

About rent and a physical therapist salary

Physical therapist pay covers comfortable rent across most US metros. At the national-average PT salary, the 30% rule supports about $2,493 a month in rent, which is above the median in most cities tracked here.

Cheaper rent nearby

These New Jersey cities have lower median rent than Freehold, which improves the affordability math on a physical therapist salary:

Ridgefield, NJ
$2,912/mo (31.3% of income)
Morristown, NJ
$2,911/mo (31.3% of income)
Metuchen, NJ
$2,911/mo (31.3% of income)

Compare with full rent data for Freehold

View full rent data for Freehold, NJ

Frequently asked questions

Can a physical therapist afford rent in Freehold, NJ?

Median rent in Freehold is $2,913 a month. A typical physical therapist in New Jersey earns about $111,675 a year, which makes that rent 31.3% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a physical therapist afford in Freehold?

Using the 30% rule, a physical therapist salary in New Jersey (~$111,675/yr) supports up to $2,792 a month in rent. Freehold's current median rent is $2,913/mo, which is $121/mo over the affordability threshold.

How many hours does a physical therapist work to cover rent in Freehold?

At an hourly equivalent of about $54 an hour, a physical therapist in New Jersey works roughly 54.3 hours a month to cover Freehold's median rent of $2,913.

Where is rent cheaper than Freehold for a physical therapist?

Nearby New Jersey cities with lower median rent include Ridgefield ($2,912/mo), Morristown ($2,911/mo), Metuchen ($2,911/mo). Each shifts the affordability math materially on a physical therapist salary.

Methodology: Salary uses the BLS-derived New Jersey state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Freehold, NJ. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.