What is the median rent in Basking Ridge, NJ?

The median gross rent in Basking Ridge, NJ is $546 (±$205) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 470 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

Figures last updated on .

Median gross rent
$546 (±$205)
Rented homes
470 (±157)
$2,000 or more
12.9%

How much rent costs in Basking Ridge

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentBasking RidgeSomerset CountyNew JerseyUnited States
Less than $50036.0% (±15.8 points)1.9%6.1%6.3%
$500 to $99941.9% (±21.0 points)4.0%7.9%20.2%
$1,000 to $1,4999.4% (±9.2 points)11.4%23.5%28.1%
$1,500 to $1,9990.0% (±9.1 points)31.0%28.5%21.1%
$2,000 to $2,4992.6% (±4.5 points)25.3%17.2%12.0%
$2,500 to $2,9992.6% (±4.1 points)14.9%7.9%5.5%
$3,000 or more7.7% (±8.5 points)11.5%8.9%6.8%

The most common range is $500 to $999, paid by 41.9% of renting households.

12.9% of rented homes in Basking Ridge cost $2,000 or more a month.

Basking Ridge against Somerset County, its state and the nation

Estimate (90% margin of error)
Basking RidgeSomerset CountyNew JerseyUnited States
Median gross rent$546 (±$205)$2,033 (±$52)$1,720 (±$7)$1,413
Rented homes paying rent470 (±157)32,528 (±1,212)1,230,839 (±7,912)42,849,984

In Basking Ridge, median gross rent is lower than in Somerset County ($2,033).

It is also lower than in New Jersey ($1,720).

It is lower than the national figure ($1,413).

In Somerset County, Basking Ridge ranks 20 of 20 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 201 of 201.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Median gross rent in places near Basking Ridge

Nearest places with a published estimate, compared with Basking Ridge
PlaceDistanceMedian gross rentCompared with this place
Basking Ridge—$546 (±$205)—
Bernardsville Borough2.5 mi$2,297 (±$315)Higher
Millington3.1 mi$2,286 (±$2,124)Not measurably different
Liberty Corner3.4 mi$3,500 or more—
Far Hills Borough3.5 mi$1,554 (±$298)Higher
Long Hill Township3.8 mi$2,329 (±$1,480)Higher
Harding Township4.0 mi$2,917 (±$2,565)Not measurably different
Stirling4.0 mi$1,427 (±$462)Higher
Mendham Borough4.7 mi$3,500 or more—

Nearby places with a measurably higher figure: Bernardsville Borough, NJ ($2,297), Far Hills Borough, NJ ($1,554), Long Hill Township, NJ ($2,329).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Somerset County, place by place

RankPlaceMedian gross rent
14Finderne$2,114 (±$141)
15East Franklin$2,056 (±$188)
16Hillsborough$1,986 (±$144)
17Kingston$1,765 (±$58)
18Voorhees$1,531 (±$1,022)
19Green Knoll$1,448 (±$890)
20Basking Ridge$546 (±$205)

Showing 7 of 20 places in Somerset County, ranked from highest to lowest.

Basking Ridge is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

It lies inside Bernards Township, whose figures include it.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Basking Ridge

What is the average rent in Basking Ridge, NJ?

The Census Bureau publishes the median rather than the average: the median gross rent in Basking Ridge is $546 (±$205) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How many rentals in Basking Ridge cost more than $2,000 a month?

12.9% of rented homes in Basking Ridge have a gross rent of $2,000 or more a month, and 36.0% cost less than $500.

Is rent in Basking Ridge higher than in Somerset County?

In Basking Ridge, median gross rent is lower than in Somerset County ($2,033).

It is also lower than in New Jersey ($1,720).

It is lower than the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Basking Ridge CDP, New Jersey (place:03340, in state:34).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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