What is the median rent in Menlo Park Terrace, NJ?
The median gross rent in Menlo Park Terrace, NJ is $1,971 (±$235) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 123 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
Figures last updated on .
- Median gross rent
- $1,971 (±$235)
- Rented homes
- 123 (±45)
- $2,000 or more
- 47.2%
How much rent costs in Menlo Park Terrace
| Monthly gross rent | Menlo Park Terrace | Middlesex County | New Jersey | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±29.7 points) | 4.4% | 6.1% | 6.3% |
| $500 to $999 | 4.1% (±7.7 points) | 4.4% | 7.9% | 20.2% |
| $1,000 to $1,499 | 0.0% (±29.7 points) | 17.3% | 23.5% | 28.1% |
| $1,500 to $1,999 | 48.8% (±25.9 points) | 32.2% | 28.5% | 21.1% |
| $2,000 to $2,499 | 36.6% (±23.8 points) | 25.7% | 17.2% | 12.0% |
| $2,500 to $2,999 | 10.6% (±15.7 points) | 10.2% | 7.9% | 5.5% |
| $3,000 or more | 0.0% (±29.7 points) | 5.7% | 8.9% | 6.8% |
The most common range is $1,500 to $1,999, paid by 48.8% of renting households.
47.2% of rented homes in Menlo Park Terrace cost $2,000 or more a month.
Menlo Park Terrace against Middlesex County, its state and the nation
| Menlo Park Terrace | Middlesex County | New Jersey | United States | |
|---|---|---|---|---|
| Median gross rent | $1,971 (±$235) | $1,871 (±$20) | $1,720 (±$7) | $1,413 |
| Rented homes paying rent | 123 (±45) | 108,756 (±1,919) | 1,230,839 (±7,912) | 42,849,984 |
In Menlo Park Terrace, median gross rent is not measurably different from Middlesex County ($1,871).
It is also higher than in New Jersey ($1,720).
It is higher than the national figure ($1,413).
In Middlesex County, Menlo Park Terrace ranks 10 of 26 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 79 of 201.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Median gross rent in places near Menlo Park Terrace
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Menlo Park Terrace | — | $1,971 (±$235) | — |
| Iselin | 1.2 mi | $2,113 (±$106) | Not measurably different |
| Fords | 1.3 mi | $1,913 (±$134) | Not measurably different |
| Woodbridge | 2.0 mi | $2,091 (±$114) | Not measurably different |
| Metuchen Borough | 2.2 mi | $2,078 (±$209) | Not measurably different |
| Hopelawn | 2.3 mi | $1,272 (±$498) | Lower |
| Colonia | 2.6 mi | $2,047 (±$283) | Not measurably different |
| Keasbey | 2.8 mi | $1,685 (±$330) | Not measurably different |
| Avenel | 3.5 mi | $1,906 (±$151) | Not measurably different |
Nearby places with a measurably lower figure: Hopelawn, NJ ($1,272).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Middlesex County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 4 | Concordia | $2,130 (±$165) |
| 5 | Iselin | $2,113 (±$106) |
| 6 | Plainsboro Center | $2,099 (±$154) |
| 7 | Woodbridge | $2,091 (±$114) |
| 8 | Colonia | $2,047 (±$283) |
| 9 | Princeton Meadows | $2,010 (±$87) |
| 10 | Menlo Park Terrace | $1,971 (±$235) |
| 11 | Monmouth Junction | $1,935 (±$127) |
| 12 | Kendall Park | $1,928 (±$597) |
| 13 | Fords | $1,913 (±$134) |
| 14 | Avenel | $1,906 (±$151) |
| 15 | Laurence Harbor | $1,903 (±$353) |
| 16 | Monroe Manor | $1,882 (±$613) |
Showing 13 of 26 places in Middlesex County, ranked from highest to lowest.
Menlo Park Terrace is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Woodbridge 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 Menlo Park Terrace
What is the average rent in Menlo Park Terrace, NJ?
The Census Bureau publishes the median rather than the average: the median gross rent in Menlo Park Terrace is $1,971 (±$235) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How many rentals in Menlo Park Terrace cost more than $2,000 a month?
47.2% of rented homes in Menlo Park Terrace have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
Is rent in Menlo Park Terrace higher than in Middlesex County?
In Menlo Park Terrace, median gross rent is not measurably different from Middlesex County ($1,871).
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 — Menlo Park Terrace CDP, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Menlo Park Terrace CDP, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Menlo Park Terrace 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 Menlo Park Terrace CDP, New Jersey (place:45450, 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 .
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- New Jersey landlord and tenant rules
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