What is the median rent in Bound Brook Borough, NJ?

Name: Median rent in Bound Brook Borough, NJ, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median gross rent in Bound Brook Borough, NJ is $1,973 (±$112) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 2,489 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Bound Brook Borough, the median gross rent went from $1,443 in 2015–2019 to $1,973 in 2020–2024 (+36.7%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on November 12, 2026.

Median gross rent: $1,973 (±$112)
Rented homes: 2,489 (±269)
$2,000 or more: 47.9%
Since 2015–2019: +36.7%

How much rent costs in Bound Brook Borough

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	Bound Brook Borough	Somerset County	New Jersey	United States
Less than $500	0.0% (±1.8 points)	1.9%	6.1%	6.3%
$500 to $999	0.0% (±1.8 points)	4.0%	7.9%	20.2%
$1,000 to $1,499	11.6% (±5.0 points)	11.4%	23.5%	28.1%
$1,500 to $1,999	40.5% (±8.5 points)	31.0%	28.5%	21.1%
$2,000 to $2,499	27.1% (±6.5 points)	25.3%	17.2%	12.0%
$2,500 to $2,999	8.1% (±4.9 points)	14.9%	7.9%	5.5%
$3,000 or more	12.7% (±7.0 points)	11.5%	8.9%	6.8%

The most common range is $1,500 to $1,999, paid by 40.5% of renting households.

47.9% of rented homes in Bound Brook Borough cost $2,000 or more a month.

Bound Brook Borough against Somerset County, its state and the nation

Estimate (90% margin of error)
	Bound Brook Borough	Somerset County	New Jersey	United States
Median gross rent	$1,973 (±$112)	$2,033 (±$52)	$1,720 (±$7)	$1,413
Rented homes paying rent	2,489 (±269)	32,528 (±1,212)	1,230,839 (±7,912)	42,849,984

In Bound Brook Borough, median gross rent is not measurably different from Somerset County ($2,033).

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

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

In Somerset County, Bound Brook Borough ranks 13 of 21 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 173 of 548.

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

How rent in Bound Brook Borough has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median gross rent	$1,443 (±$68)	$1,973 (±$112)	+36.7%	Up after inflation
Households that rent	51.0% (±5.1 points)	55.2% (±5.0 points)	+4.2 percentage points	Not a measurable change
Rental vacancy rate	7.5% (±4.0 points)	0.0% (±1.8 points)	−7.5 percentage points	Measurable decrease

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median gross rent in places near Bound Brook Borough

Nearest places with a published estimate, compared with Bound Brook Borough
Place	Distance	Median gross rent	Compared with this place
Bound Brook Borough	—	$1,973 (±$112)	—
South Bound Brook Borough	1.1 mi	$1,778 (±$179)	Not measurably different
Finderne	2.0 mi	$2,114 (±$141)	Not measurably different
Middlesex Borough	2.1 mi	$1,416 (±$58)	Lower
Franklin Center	2.5 mi	$2,748 (±$327)	Higher
Martinsville	3.2 mi	$2,171 (±$314)	Not measurably different
Manville Borough	3.3 mi	$1,844 (±$173)	Not measurably different
Somerville Borough	3.7 mi	$1,802 (±$49)	Lower
Green Brook Township	3.8 mi	$2,115 (±$336)	Not measurably different

Nearby places with a measurably lower figure: Middlesex Borough, NJ ($1,416), Somerville Borough, NJ ($1,802).

Nearby places with a measurably higher figure: Franklin Center, NJ ($2,748).

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

Rank	Place	Median gross rent
7	Montgomery Township	$2,188 (±$372)
8	Bridgewater Township	$2,176 (±$127)
9	Warren Township	$2,170 (±$252)
10 (tie)	Franklin Township (Somerset County)	$2,115 (±$94)
10 (tie)	Green Brook Township	$2,115 (±$336)
12	Raritan Borough	$2,112 (±$197)
13	Bound Brook Borough	$1,973 (±$112)
14	Manville Borough	$1,844 (±$173)
15	Peapack and Gladstone Borough	$1,820 (±$157)
16	Somerville Borough	$1,802 (±$49)
17	Rocky Hill Borough	$1,799 (±$93)
18	South Bound Brook Borough	$1,778 (±$179)
19	North Plainfield Borough	$1,752 (±$75)

Showing 13 of 21 places in Somerset County, ranked from highest to lowest.

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 Bound Brook Borough

What is the average rent in Bound Brook Borough, NJ?

The Census Bureau publishes the median rather than the average: the median gross rent in Bound Brook Borough is $1,973 (±$112) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in Bound Brook Borough?

In Bound Brook Borough, the median gross rent went from $1,443 in 2015–2019 to $1,973 in 2020–2024 (+36.7%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

How many rentals in Bound Brook Borough cost more than $2,000 a month?

47.9% of rented homes in Bound Brook Borough have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.

Is rent in Bound Brook Borough higher than in Somerset County?

In Bound Brook Borough, median gross rent is not measurably different from Somerset County ($2,033).

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

It is higher 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 Bound Brook borough, Somerset County, New Jersey (county subdivision:06790, in state:34 county:035).

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.