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ZIP Code · NJ

ZIP 08869

Part of Raritan, NJ
Pop. 8,368·Somerset County·113th most expensive ZIP in New Jersey
Median rent (all units)
$2,553/mo
Year-over-Year
Stable
Month-over-Month
+2.3%
vs US Median
+$588
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 08869 · $2,553
More expensive than 80% of US ZIP codes · National median $1,965/mo
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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: July 20, 2026

Annual cost
$30,636/yr
At $2,553/mo median
Location
StateNJ
CountySomerset County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.0% YoY, +2.3% 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%
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.

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Local insights

Tips for renters in ZIP 08869

About renting in ZIP 08869

Last updated: July 20, 2026

ZIP code 08869 covers Raritan, NJ. The median rent here is $2,553/mo as of July 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%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 08869?

As of July 20, 2026, the median monthly rent in ZIP 08869 (Raritan, NJ) is $2,553. This is based on aggregated data from public sources and community submissions.

How does ZIP 08869 rent compare to the US average?

ZIP 08869's median rent of $2,553/mo is $588 (30%) above the US national median of $1,965/mo.

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

ZIP 08869 falls in the middle range for New Jersey, ranking #113 out of 212 ZIPs at $2,553/mo.

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 $102,000/year (~$49/hour full-time) to afford the median rent of $2,553/mo in ZIP 08869. The local median household income is $107,672/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 08869?

Rent in ZIP 08869 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 08869 an affordable place to rent?

ZIP 08869 is considered affordable for renters. At $2,553/mo, rent takes approximately 28% of the local median household income ($107,672/yr). The standard benchmark is 30%. ZIP 08869 falls comfortably within that range.

What percentage of ZIP 08869 residents rent vs. own?

According to Census data, approximately 50.1% of ZIP 08869 households are renters, while 49.9% are owner-occupied. With a majority renter population, ZIP 08869 has a strong rental market.

How does ZIP 08869 compare to the rest of Raritan?

ZIP 08869 sits right at the Raritan citywide median of $2,553/mo.

When was rent data for ZIP 08869 last updated?

Rent data for ZIP 08869 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
28%
AFFORDABLE

At $2,553/mo, rent takes ~28% of ZIP 08869's median household income ($107,672/yr). The standard benchmark is 30%.

ZIP 08869 28%Benchmark 30%
State income tax1.4–10.75%
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Schools nearby

Public schools near ZIP 08869 (Raritan, NJ)

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