How much is a 2-bedroom apartment in Basking Ridge, NJ?

In Basking Ridge, NJ, the median gross rent for a one-bedroom home is $524 (±$106) a month (2020–2024 American Community Survey, table B25031).

A three-bedroom home rents for a median of $2,896 (±$2,118).

HUD’s fiscal year 2027 Fair Market Rent for a two-bedroom home in the Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area is $2,623.

Figures last updated on .

1 bedroom
$524 (±$106)
3 bedrooms
$2,896 (±$2,118)

Rent by bedroom count in Basking Ridge

Median gross rent by number of bedrooms, estimate (90% margin of error)
Basking RidgeSomerset CountyNew JerseyUnited States
1 bedroom$524 (±$106)$1,793 (±$34)$1,465 (±$9)$1,235
3 bedrooms$2,896 (±$2,118)$2,455 (±$111)$2,037 (±$18)$1,584

A median for a bedroom size is published only where enough renting households of that size were surveyed; a dash means the Census Bureau did not publish one.

Census rents against HUD’s Fair Market Rent, fiscal year 2027

Dollars a month; the Fair Market Rent is for the Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area
Census median, this placeHUD Fair Market Rent
1 bedroom$524 (±$106)$2,103
2 bedrooms—$2,623
3 bedrooms$2,896 (±$2,118)$3,125

A Fair Market Rent is HUD’s estimate of the gross rent of a modest rental home across the whole HUD area, set for the voucher program; the Census median is what renting households in this place reported paying.

The two answer different questions and are not expected to match.

Median gross rent, 2 bedrooms in places near Basking Ridge

Nearest places with a published estimate, compared with Basking Ridge
PlaceDistanceMedian gross rent, 2 bedroomsCompared with this place
Basking Ridge———
Bernardsville Borough2.5 mi$2,556 (±$1,266)—
Liberty Corner3.4 mi$3,500 or more—
Far Hills Borough3.5 mi$2,650 (±$814)—
Long Hill Township3.8 mi$1,236 (±$1,203)—
Stirling4.0 mi$1,236 (±$1,203)—
Mendham Borough4.7 mi$3,500 or more—
The Hills4.9 mi$2,428 (±$233)—
Warren Township5.4 mi$1,816 (±$183)—

None of the nearby places differs measurably from this one on this figure.

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

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).

Margins of error are at the 90% confidence level.

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Questions about Basking Ridge

How much is a one-bedroom apartment in Basking Ridge?

The median gross rent for a one-bedroom home in Basking Ridge, NJ is $524 (±$106) a month (2020–2024 American Community Survey).

How much does a three-bedroom rental cost in Basking Ridge?

The median gross rent for a three-bedroom home in Basking Ridge, NJ is $2,896 (±$2,118) a month (2020–2024 American Community Survey).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year detailed tables (acs/acs5) 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 API needs a free key.

Request a Census API key.

B25031_002E, B25031_002M, B25031_003E, B25031_003M, B25031_004E, B25031_004M, B25031_005E, B25031_005M, B25031_006E, B25031_006M, B25031_007E, B25031_007M

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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