ZIP Code · NJ

ZIP 08869

Part of Raritan, NJ

Pop. 8,368·Somerset County·99th most expensive ZIP in New Jersey

Median rent (all units)

$2,525/mo

Year-over-Year

+3.2%

Month-over-Month

-0.2%

vs US Median

+$593

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 08869 · $2,525

More expensive than 80% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,850

1 BR

$2,030

2 BR

$2,550

3 BR

$3,060

4 BR+

$3,380

Research median

$2,550/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: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of New Jersey

Rent in ZIP 08869 changed +3.2% over the year to September 2026. Across the 149 New Jersey ZIP codes Zillow tracks, the typical change was +2.8%.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($107,672) is $2,692 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,550); a 3-bedroom is $3,060.

Cheaper nearby

ZIP 08805, 6 miles away, rents for 18% less ($2,070/mo), about $5,500 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 08869. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$30,300/yr

At $2,525/mo median

Location

CityRaritan

StateNJ

CountySomerset County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (3.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+3.2% YoY, -0.2% MoM), not inventory.

Demographics

Who lives here

ZIP 08869 (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.

Population

8,368

Median income

$107,672

Median age

41.3

Renters

50.1%

Age distribution

14.3%

25.6%

30.3%

15.8%

14%

Under 1814.3%

18–3425.6%

35–5430.3%

55–6415.8%

65+14%

Gender

48.7%

51.3%

Male48.7%

Female51.3%

Race & ethnicity

49.6%

21.7%

White49.6%

Black4.1%

Hispanic21.7%

Asian21.7%

Other2.9%

Education (25+)

24.5%

23.1%

44.5%

No HS diploma7.9%

HS diploma24.5%

Some college23.1%

Bachelor's+44.5%

Housing tenure

49.9%

50.1%

Owner49.9%

Renter50.1%

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

2021 vs 2026

How ZIP 08869 in Raritan, NJ has changed in 5 years

Income

$90,125 → $107,672

up 19.5%

Population

7,993 → 8,368

up 4.7%

Renter share

44.1% → 50.1%

+6.0 pts

Bachelor's+

36.6% → 44.5%

+7.9 pts

Median age

43.3 → 41.3

-2.0 yrs

Local incomes tracked alongside that move, going from a median of $90,125 in 2021 to $107,672 more recently. Census counts show ZIP 08869 in Raritan, NJ adding about 375 residents over the five-year window, up 4.7% on net. The renter share has risen from 44.1% to 50.1%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 36.6% to 44.5% across the same window.

Community

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Local insights

Tips for renters in ZIP 08869

About renting in ZIP 08869

Last updated: October 17, 2026

ZIP code 08869 covers Raritan, NJ. The median rent here is $2,525/mo as of October 2026. A 1-bedroom rents for a median of $2,030/mo. A 2-bedroom rents for a median of $2,550/mo.

At 28% of local median household income ($107,672/yr), ZIP 08869 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 08869?

To keep rent at or below 30% of gross income, you would need to earn at least $101,000/year (about $49/hour full-time) to afford the median rent of $2,525/mo in ZIP 08869. The local median household income is $107,672/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 08869?

Rent in ZIP 08869 has risen 3.2% over the past year.

How does ZIP 08869 compare to other ZIPs in New Jersey?

ZIP 08869 is in the middle among New Jersey ZIP codes for rent, ranking #99 of 209 at $2,525/mo. Over the year to September 2026, rent in ZIP 08869 changed +3.2%, against a typical +2.8% across the 149 New Jersey ZIP codes Zillow tracks.