What is the median rent in Milltown Borough, NJ?
The median gross rent in Milltown Borough, NJ is $1,204 (±$519) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 339 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Milltown Borough, the median gross rent went from $1,673 in 2015–2019 to $1,204 in 2020–2024 (−28.0%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Figures last updated on .
- Median gross rent
- $1,204 (±$519)
- Rented homes
- 339 (±177)
- $2,000 or more
- 23.0%
- Since 2015–2019
- −28.0%
How much rent costs in Milltown Borough
| Monthly gross rent | Milltown Borough | Middlesex County | New Jersey | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±12.4 points) | 4.4% | 6.1% | 6.3% |
| $500 to $999 | 27.1% (±30.7 points) | 4.4% | 7.9% | 20.2% |
| $1,000 to $1,499 | 33.0% (±27.5 points) | 17.3% | 23.5% | 28.1% |
| $1,500 to $1,999 | 16.8% (±15.7 points) | 32.2% | 28.5% | 21.1% |
| $2,000 to $2,499 | 5.0% (±8.5 points) | 25.7% | 17.2% | 12.0% |
| $2,500 to $2,999 | 18.0% (±17.0 points) | 10.2% | 7.9% | 5.5% |
| $3,000 or more | 0.0% (±12.4 points) | 5.7% | 8.9% | 6.8% |
The most common range is $1,000 to $1,499, paid by 33.0% of renting households.
23.0% of rented homes in Milltown Borough cost $2,000 or more a month.
Milltown Borough against Middlesex County, its state and the nation
| Milltown Borough | Middlesex County | New Jersey | United States | |
|---|---|---|---|---|
| Median gross rent | $1,204 (±$519) | $1,871 (±$20) | $1,720 (±$7) | $1,413 |
| Rented homes paying rent | 339 (±177) | 108,756 (±1,919) | 1,230,839 (±7,912) | 42,849,984 |
In Milltown Borough, median gross rent is lower than in Middlesex County ($1,871).
It is not measurably different from New Jersey ($1,720).
It is not measurably different from the national figure ($1,413).
In Middlesex County, Milltown Borough ranks 24 of 25 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 515 of 548.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Milltown Borough has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,673 (±$223) | $1,204 (±$519) | −28.0% | Down after inflation |
| Households that rent | 20.9% (±7.4 points) | 17.6% (±9.4 points) | −3.3 percentage points | Not a measurable change |
| Rental vacancy rate | 9.0% (±13.8 points) | 0.0% (±9.2 points) | −9.0 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 Milltown Borough
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Milltown Borough | — | $1,204 (±$519) | — |
| East Brunswick Township | 1.9 mi | $2,045 (±$215) | Higher |
| North Brunswick Township | 2.3 mi | $2,117 (±$76) | Higher |
| New Brunswick | 2.6 mi | $1,814 (±$56) | Higher |
| South River Borough | 3.0 mi | $1,675 (±$78) | Not measurably different |
| Highland Park Borough | 3.5 mi | $1,873 (±$84) | Higher |
| East Franklin | 3.5 mi | $2,056 (±$188) | Higher |
| Voorhees | 3.8 mi | $1,531 (±$1,022) | Not measurably different |
| Spotswood Borough | 4.5 mi | $1,079 (±$236) | Not measurably different |
Nearby places with a measurably higher figure: East Brunswick Township, NJ ($2,045), North Brunswick Township, NJ ($2,117), New Brunswick, NJ ($1,814).
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 |
|---|---|---|
| 18 | South Amboy | $1,707 (±$568) |
| 19 | Perth Amboy | $1,688 (±$62) |
| 20 | South River Borough | $1,675 (±$78) |
| 21 | Cranbury Township | $1,603 (±$152) |
| 22 | Old Bridge Township | $1,538 (±$82) |
| 23 | Middlesex Borough | $1,416 (±$58) |
| 24 | Milltown Borough | $1,204 (±$519) |
| 25 | Spotswood Borough | $1,079 (±$236) |
Showing 8 of 25 places in Middlesex 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 Milltown Borough
What is the average rent in Milltown Borough, NJ?
The Census Bureau publishes the median rather than the average: the median gross rent in Milltown Borough is $1,204 (±$519) 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 Milltown Borough?
In Milltown Borough, the median gross rent went from $1,673 in 2015–2019 to $1,204 in 2020–2024 (−28.0%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
How many rentals in Milltown Borough cost more than $2,000 a month?
23.0% of rented homes in Milltown Borough have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
Is rent in Milltown Borough higher than in Middlesex County?
In Milltown Borough, median gross rent is lower than in Middlesex County ($1,871).
It is not measurably different from New Jersey ($1,720).
It is not measurably different from 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 — Milltown borough, Middlesex County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Milltown borough, Middlesex County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Milltown borough, Middlesex 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 Milltown borough, Middlesex County, New Jersey (county subdivision:46620, in state:34 county:023).
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 Milltown Borough at a glance
- Income and affordability in Milltown Borough
- Home values in Milltown Borough
- Homeowner costs in Milltown Borough
- Property taxes in Milltown Borough
- Types of homes in Milltown Borough
- Age of homes in Milltown Borough
- Heating fuel in Milltown Borough
- Commute and cars in Milltown Borough
- Crime reported to police in Milltown Borough
- Population growth in Milltown Borough
- How long people stay in Milltown Borough
- New Jersey landlord and tenant rules
- Housing across Middlesex County
- New Jersey places ranked by median rent
- Housing data for every place in New Jersey