What is the median rent in Franklin Township (Gloucester County), NJ?
The median gross rent in Franklin Township (Gloucester County), NJ is $1,602 (±$137) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 790 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Franklin Township (Gloucester County), the median gross rent went from $1,271 in 2015–2019 to $1,602 in 2020–2024 (+26.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median gross rent
- $1,602 (±$137)
- Rented homes
- 790 (±241)
- $2,000 or more
- 10.3%
- Since 2015–2019
- +26.0%
How much rent costs in Franklin Township (Gloucester County)
| Monthly gross rent | Franklin Township (Gloucester County) | Gloucester County | New Jersey | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±5.5 points) | 6.3% | 6.1% | 6.3% |
| $500 to $999 | 17.6% (±12.8 points) | 13.0% | 7.9% | 20.2% |
| $1,000 to $1,499 | 22.3% (±12.4 points) | 29.1% | 23.5% | 28.1% |
| $1,500 to $1,999 | 49.9% (±18.5 points) | 26.8% | 28.5% | 21.1% |
| $2,000 to $2,499 | 2.7% (±2.9 points) | 15.4% | 17.2% | 12.0% |
| $2,500 to $2,999 | 7.6% (±10.6 points) | 5.1% | 7.9% | 5.5% |
| $3,000 or more | 0.0% (±5.5 points) | 4.4% | 8.9% | 6.8% |
The most common range is $1,500 to $1,999, paid by 49.9% of renting households.
10.3% of rented homes in Franklin Township (Gloucester County) cost $2,000 or more a month.
Franklin Township (Gloucester County) against Gloucester County, its state and the nation
| Franklin Township (Gloucester County) | Gloucester County | New Jersey | United States | |
|---|---|---|---|---|
| Median gross rent | $1,602 (±$137) | $1,531 (±$56) | $1,720 (±$7) | $1,413 |
| Rented homes paying rent | 790 (±241) | 21,471 (±942) | 1,230,839 (±7,912) | 42,849,984 |
In Franklin Township (Gloucester County), median gross rent is not measurably different from Gloucester County ($1,531).
It is not measurably different from New Jersey ($1,720).
It is higher than the national figure ($1,413).
In Gloucester County, Franklin Township (Gloucester County) ranks 7 of 21 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 371 of 548.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Franklin Township (Gloucester County) has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,271 (±$138) | $1,602 (±$137) | +26.0% | No measurable change after inflation |
| Households that rent | 9.5% (±2.8 points) | 13.9% (±4.1 points) | +4.4 percentage points | Not a measurable change |
| Rental vacancy rate | 4.6% (±7.2 points) | 0.0% (±5.5 points) | −4.6 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 Franklin Township (Gloucester County)
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Franklin Township (Gloucester County) | — | $1,602 (±$137) | — |
| Newfield Borough | 3.4 mi | $1,510 (±$373) | Not measurably different |
| Monroe Township (Gloucester County) | 5.1 mi | $1,384 (±$113) | Lower |
| Clayton Borough | 5.3 mi | $1,246 (±$176) | Lower |
| Buena Borough | 6.3 mi | $1,156 (±$161) | Lower |
| Williamstown | 6.5 mi | $1,266 (±$363) | Not measurably different |
| Pittsgrove Township | 7.0 mi | $1,190 (±$332) | Lower |
| Elmer Borough | 8.2 mi | $1,741 (±$176) | Not measurably different |
| Elk Township | 8.5 mi | $1,206 (±$560) | Not measurably different |
Nearby places with a measurably lower figure: Monroe Township (Gloucester County), NJ ($1,384), Clayton Borough, NJ ($1,246), Buena Borough, NJ ($1,156).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Gloucester County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | South Harrison Township | $2,818 (±$584) |
| 2 | Woolwich Township | $1,925 (±$331) |
| 3 | Washington Township (Gloucester County) | $1,761 (±$118) |
| 4 | Glassboro Borough | $1,687 (±$110) |
| 5 | Deptford Township | $1,661 (±$123) |
| 6 | Swedesboro Borough | $1,606 (±$328) |
| 7 | Franklin Township (Gloucester County) | $1,602 (±$137) |
| 8 | Mantua Township | $1,579 (±$218) |
| 9 | Pitman Borough | $1,521 (±$164) |
| 10 | West Deptford Township | $1,511 (±$116) |
| 11 | Newfield Borough | $1,510 (±$373) |
| 12 | Monroe Township (Gloucester County) | $1,384 (±$113) |
| 13 | National Park Borough | $1,355 (±$122) |
Showing 13 of 21 places in Gloucester County, ranked from highest to lowest.
The figures for Franklin Township (Gloucester County) include the places inside it that have pages of their own: Franklinville, Malaga.
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 Franklin Township (Gloucester County)
What is the average rent in Franklin Township (Gloucester County), NJ?
The Census Bureau publishes the median rather than the average: the median gross rent in Franklin Township (Gloucester County) is $1,602 (±$137) 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 Franklin Township (Gloucester County)?
In Franklin Township (Gloucester County), the median gross rent went from $1,271 in 2015–2019 to $1,602 in 2020–2024 (+26.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
How many rentals in Franklin Township (Gloucester County) cost more than $2,000 a month?
10.3% of rented homes in Franklin Township (Gloucester County) have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
Is rent in Franklin Township (Gloucester County) higher than in Gloucester County?
In Franklin Township (Gloucester County), median gross rent is not measurably different from Gloucester County ($1,531).
It is not measurably different from 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 — Franklin township, Gloucester County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Franklin township, Gloucester County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Franklin township, Gloucester 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 Franklin township, Gloucester County, New Jersey (county subdivision:24840, in state:34 county:015).
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 .
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- Fair Market Rent in Franklin Township (Gloucester County)
- New Jersey landlord and tenant rules
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- Housing data for every place in New Jersey