What is the median rent in Martinsville, NJ?
The median gross rent in Martinsville, NJ is $2,171 (±$314) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 109 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Martinsville, the median gross rent went from $1,657 in 2015–2019 to $2,171 in 2020–2024 (+31.0%).
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
- $2,171 (±$314)
- Rented homes
- 109 (±84)
- $2,000 or more
- 68.8%
- Since 2015–2019
- +31.0%
How much rent costs in Martinsville
| Monthly gross rent | Martinsville | Somerset County | New Jersey | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±32.4 points) | 1.9% | 6.1% | 6.3% |
| $500 to $999 | 0.0% (±32.4 points) | 4.0% | 7.9% | 20.2% |
| $1,000 to $1,499 | 11.9% (±20.4 points) | 11.4% | 23.5% | 28.1% |
| $1,500 to $1,999 | 19.3% (±34.5 points) | 31.0% | 28.5% | 21.1% |
| $2,000 to $2,499 | 55.0% (±39.6 points) | 25.3% | 17.2% | 12.0% |
| $2,500 to $2,999 | 13.8% (±22.5 points) | 14.9% | 7.9% | 5.5% |
| $3,000 or more | 0.0% (±32.4 points) | 11.5% | 8.9% | 6.8% |
The most common range is $2,000 to $2,499, paid by 55.0% of renting households.
68.8% of rented homes in Martinsville cost $2,000 or more a month.
Martinsville against Somerset County, its state and the nation
| Martinsville | Somerset County | New Jersey | United States | |
|---|---|---|---|---|
| Median gross rent | $2,171 (±$314) | $2,033 (±$52) | $1,720 (±$7) | $1,413 |
| Rented homes paying rent | 109 (±84) | 32,528 (±1,212) | 1,230,839 (±7,912) | 42,849,984 |
In Martinsville, 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, Martinsville ranks 9 of 20 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 48 of 201.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Martinsville has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,657 (±$236) | $2,171 (±$314) | +31.0% | No measurable change after inflation |
| Households that rent | 5.2% (±2.5 points) | 4.0% (±2.4 points) | −1.2 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±15.4 points) | 18.2% (±24.7 points) | +18.2 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 Martinsville
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Martinsville | — | $2,171 (±$314) | — |
| Green Knoll | 2.0 mi | $1,448 (±$890) | Not measurably different |
| Somerville Borough | 2.8 mi | $1,802 (±$49) | Lower |
| Finderne | 2.9 mi | $2,114 (±$141) | Not measurably different |
| Bound Brook Borough | 3.2 mi | $1,973 (±$112) | Not measurably different |
| Bridgewater Center | 3.7 mi | $2,662 (±$583) | Not measurably different |
| Warren Township | 3.7 mi | $2,170 (±$252) | Not measurably different |
| Liberty Corner | 4.1 mi | $3,500 or more | — |
| South Bound Brook Borough | 4.2 mi | $1,778 (±$179) | Lower |
Nearby places with a measurably lower figure: Somerville Borough, NJ ($1,802), South Bound Brook Borough, NJ ($1,778).
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 |
|---|---|---|
| 3 | Bedminster | $2,795 (±$1,344) |
| 4 | Franklin Center | $2,748 (±$327) |
| 5 | Bradley Gardens | $2,670 (±$267) |
| 6 | Bridgewater Center | $2,662 (±$583) |
| 7 | Belle Mead | $2,627 (±$217) |
| 8 | The Hills | $2,376 (±$207) |
| 9 | Martinsville | $2,171 (±$314) |
| 10 | Franklin Park | $2,157 (±$115) |
| 11 | Six Mile Run | $2,145 (±$382) |
| 12 | Neshanic Station | $2,144 (±$130) |
| 13 | Somerset | $2,121 (±$164) |
| 14 | Finderne | $2,114 (±$141) |
| 15 | East Franklin | $2,056 (±$188) |
Showing 13 of 20 places in Somerset County, ranked from highest to lowest.
Martinsville is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Bridgewater 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 Martinsville
What is the average rent in Martinsville, NJ?
The Census Bureau publishes the median rather than the average: the median gross rent in Martinsville is $2,171 (±$314) 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 Martinsville?
In Martinsville, the median gross rent went from $1,657 in 2015–2019 to $2,171 in 2020–2024 (+31.0%).
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 Martinsville cost more than $2,000 a month?
68.8% of rented homes in Martinsville have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
Is rent in Martinsville higher than in Somerset County?
In Martinsville, 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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Martinsville CDP, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Martinsville CDP, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Martinsville CDP, 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 Martinsville CDP, New Jersey (place:44430, 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.
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
- Housing in Martinsville at a glance
- Income and affordability in Martinsville
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- Homeowner costs in Martinsville
- Property taxes in Martinsville
- Types of homes in Martinsville
- Bedrooms in Martinsville
- Age of homes in Martinsville
- Heating fuel in Martinsville
- Commute and cars in Martinsville
- Population growth in Martinsville
- How long people stay in Martinsville
- Crowding and facilities in Martinsville
- 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