Can A Registered Nurse Afford Rent in Summit, NJ?
Stretched but workable — rent takes 33.8% of gross income.
Summit rent: September 2026. Salary: BLS OEWS May 2024 (New Jersey state estimate).
About rent and a registered nurse salary
Rent is the single largest fixed cost most renters carry, and the rent-to-income ratio is the simplest measure of whether a city is livable on a given salary. For renters earning a typical registered-nurse income, the 30% rule supports about $2,360 a month in rent. That margin covers comfortable one-bedroom rent in the vast majority of US metros but tightens significantly in the highest-rent coastal cities, where rent can claim 40% or more of an RN paycheck. The per-city pages below show the local rent, the local nurse-pay estimate, and where that combination sits on the affordability scale.
Cheaper rent nearby
These New Jersey cities have lower median rent than Summit, which improves the affordability math on a registered nurse salary:
Compare with full rent data for Summit
View full rent data for Summit, NJ →Frequently asked questions
Can a registered nurse afford rent in Summit, NJ?
Median rent in Summit is $2,977 a month. A typical registered nurse in New Jersey earns about $105,818 a year, which makes that rent 33.8% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.
How much rent can a registered nurse afford in Summit?
Using the 30% rule, a registered nurse salary in New Jersey (~$105,818/yr) supports up to $2,645 a month in rent. Summit's current median rent is $2,977/mo, which is $332/mo over the affordability threshold.
How many hours does a registered nurse work to cover rent in Summit?
At an hourly equivalent of about $51 an hour, a registered nurse in New Jersey works roughly 58.5 hours a month to cover Summit's median rent of $2,977.
Where is rent cheaper than Summit for a registered nurse?
Nearby New Jersey cities with lower median rent include Jersey City ($2,976/mo), Medford Township ($2,975/mo), Chatham ($2,974/mo). Each shifts the affordability math materially on a registered nurse salary.