What is the median rent in Bridgewater Township, NJ?
The median gross rent in Bridgewater Township, NJ is $2,176 (±$127) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 2,414 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Bridgewater Township, the median gross rent went from $1,619 in 2015–2019 to $2,176 in 2020–2024 (+34.4%).
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 .
- Median gross rent
- $2,176 (±$127)
- Rented homes
- 2,414 (±338)
- $2,000 or more
- 60.4%
- Since 2015–2019
- +34.4%
How much rent costs in Bridgewater Township
| Monthly gross rent | Bridgewater Township | Somerset County | New Jersey | United States |
|---|---|---|---|---|
| Less than $500 | 2.0% (±1.4 points) | 1.9% | 6.1% | 6.3% |
| $500 to $999 | 3.5% (±2.6 points) | 4.0% | 7.9% | 20.2% |
| $1,000 to $1,499 | 12.0% (±4.6 points) | 11.4% | 23.5% | 28.1% |
| $1,500 to $1,999 | 22.0% (±8.1 points) | 31.0% | 28.5% | 21.1% |
| $2,000 to $2,499 | 29.8% (±9.4 points) | 25.3% | 17.2% | 12.0% |
| $2,500 to $2,999 | 18.8% (±7.3 points) | 14.9% | 7.9% | 5.5% |
| $3,000 or more | 11.8% (±5.3 points) | 11.5% | 8.9% | 6.8% |
The most common range is $2,000 to $2,499, paid by 29.8% of renting households.
60.4% of rented homes in Bridgewater Township cost $2,000 or more a month.
Bridgewater Township against Somerset County, its state and the nation
| Bridgewater Township | Somerset County | New Jersey | United States | |
|---|---|---|---|---|
| Median gross rent | $2,176 (±$127) | $2,033 (±$52) | $1,720 (±$7) | $1,413 |
| Rented homes paying rent | 2,414 (±338) | 32,528 (±1,212) | 1,230,839 (±7,912) | 42,849,984 |
In Bridgewater Township, median gross rent is higher than in 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, Bridgewater Township ranks 8 of 21 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 113 of 548.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Bridgewater Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,619 (±$109) | $2,176 (±$127) | +34.4% | Up after inflation |
| Households that rent | 16.3% (±1.8 points) | 15.1% (±2.1 points) | −1.2 percentage points | Not a measurable change |
| Rental vacancy rate | 1.4% (±2.3 points) | 6.7% (±5.7 points) | +5.3 percentage points | Not a measurable change |
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 Bridgewater Township
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Bridgewater Township | — | $2,176 (±$127) | — |
| Somerville Borough | 1.6 mi | $1,802 (±$49) | Lower |
| Raritan Borough | 2.6 mi | $2,112 (±$197) | Not measurably different |
| Manville Borough | 3.6 mi | $1,844 (±$173) | Lower |
| Bound Brook Borough | 3.9 mi | $1,973 (±$112) | Lower |
| The Hills | 4.3 mi | $2,376 (±$207) | Not measurably different |
| South Bound Brook Borough | 4.8 mi | $1,778 (±$179) | Lower |
| Liberty Corner | 5.0 mi | $3,500 or more | — |
| Warren Township | 5.3 mi | $2,170 (±$252) | Not measurably different |
Nearby places with a measurably lower figure: Somerville Borough, NJ ($1,802), Manville Borough, NJ ($1,844), Bound Brook Borough, NJ ($1,973).
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 |
|---|---|---|
| 2 | Bernards Township | $2,476 (±$212) |
| 3 | Hillsborough Township | $2,396 (±$273) |
| 4 | Bernardsville Borough | $2,297 (±$315) |
| 5 | Bedminster Township | $2,294 (±$229) |
| 6 | Branchburg Township | $2,268 (±$138) |
| 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) |
Showing 13 of 21 places in Somerset County, ranked from highest to lowest.
The figures for Bridgewater Township include the places inside it that have pages of their own: Bradley Gardens, Bridgewater Center, Finderne, Green Knoll, Martinsville.
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 Bridgewater Township
What is the average rent in Bridgewater Township, NJ?
The Census Bureau publishes the median rather than the average: the median gross rent in Bridgewater Township is $2,176 (±$127) 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 Bridgewater Township?
In Bridgewater Township, the median gross rent went from $1,619 in 2015–2019 to $2,176 in 2020–2024 (+34.4%).
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 Bridgewater Township cost more than $2,000 a month?
60.4% of rented homes in Bridgewater Township have a gross rent of $2,000 or more a month, and 2.0% cost less than $500.
Is rent in Bridgewater Township higher than in Somerset County?
In Bridgewater Township, median gross rent is higher than in 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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Bridgewater township, Somerset County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Bridgewater township, Somerset County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Bridgewater township, Somerset County, New Jersey
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Bridgewater township, Somerset County, New Jersey (county subdivision:07720, 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.
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 .
Related
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- Age of homes in Bridgewater Township
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- Crime reported to police in Bridgewater Township
- Population growth in Bridgewater Township
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- New Jersey landlord and tenant rules
- Housing across Somerset County
- New Jersey places ranked by median rent
- Housing data for every place in New Jersey