What is the median rent in Monmouth Junction, NJ?

The median gross rent in Monmouth Junction, NJ is $1,935 (±$127) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 1,188 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Monmouth Junction, the median gross rent went from $2,356 in 2015–2019 to $1,935 in 2020–2024 (−17.9%).

Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.

Figures last updated on .

Median gross rent
$1,935 (±$127)
Rented homes
1,188 (±223)
$2,000 or more
44.2%
Since 2015–2019
−17.9%

How much rent costs in Monmouth Junction

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentMonmouth JunctionMiddlesex CountyNew JerseyUnited States
Less than $5000.0% (±3.7 points)4.4%6.1%6.3%
$500 to $9994.5% (±4.2 points)4.4%7.9%20.2%
$1,000 to $1,4996.7% (±4.5 points)17.3%23.5%28.1%
$1,500 to $1,99944.6% (±11.8 points)32.2%28.5%21.1%
$2,000 to $2,49938.1% (±13.2 points)25.7%17.2%12.0%
$2,500 to $2,9992.7% (±2.5 points)10.2%7.9%5.5%
$3,000 or more3.4% (±3.2 points)5.7%8.9%6.8%

The most common range is $1,500 to $1,999, paid by 44.6% of renting households.

44.2% of rented homes in Monmouth Junction cost $2,000 or more a month.

Monmouth Junction against Middlesex County, its state and the nation

Estimate (90% margin of error)
Monmouth JunctionMiddlesex CountyNew JerseyUnited States
Median gross rent$1,935 (±$127)$1,871 (±$20)$1,720 (±$7)$1,413
Rented homes paying rent1,188 (±223)108,756 (±1,919)1,230,839 (±7,912)42,849,984

In Monmouth Junction, 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, Monmouth Junction ranks 11 of 26 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 81 of 201.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Monmouth Junction has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$2,356 (±$270)$1,935 (±$127)−17.9%Down after inflation
Households that rent7.3% (±6.4 points)35.9% (±4.6 points)+28.6 percentage pointsMeasurable increase
Rental vacancy rate0.0% (±37.6 points)0.0% (±3.5 points)0.0 percentage pointsNot 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 Monmouth Junction

Nearest places with a published estimate, compared with Monmouth Junction
PlaceDistanceMedian gross rentCompared with this place
Monmouth Junction—$1,935 (±$127)—
Heathcote1.5 mi$1,623 (±$414)Not measurably different
Kendall Park2.6 mi$1,928 (±$597)Not measurably different
Dayton2.6 mi$2,199 (±$118)Higher
Princeton Meadows2.8 mi$2,010 (±$87)Not measurably different
Plainsboro Township2.9 mi$2,037 (±$83)Not measurably different
Kingston3.0 mi$1,765 (±$58)Lower
Plainsboro Center3.6 mi$2,099 (±$154)Not measurably different
Rocky Hill Borough4.6 mi$1,799 (±$93)Not measurably different

Nearby places with a measurably lower figure: Kingston, NJ ($1,765).

Nearby places with a measurably higher figure: Dayton, NJ ($2,199).

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

RankPlaceMedian gross rent
5Iselin$2,113 (±$106)
6Plainsboro Center$2,099 (±$154)
7Woodbridge$2,091 (±$114)
8Colonia$2,047 (±$283)
9Princeton Meadows$2,010 (±$87)
10Menlo Park Terrace$1,971 (±$235)
11Monmouth Junction$1,935 (±$127)
12Kendall Park$1,928 (±$597)
13Fords$1,913 (±$134)
14Avenel$1,906 (±$151)
15Laurence Harbor$1,903 (±$353)
16Monroe Manor$1,882 (±$613)
17The Ponds$1,791 (±$126)

Showing 13 of 26 places in Middlesex County, ranked from highest to lowest.

Monmouth Junction is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

It lies inside South Brunswick 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.

What you can do on Seayora in Monmouth Junction

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Monmouth Junction, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Monmouth Junction beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Monmouth Junction, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Monmouth Junction

What is the average rent in Monmouth Junction, NJ?

The Census Bureau publishes the median rather than the average: the median gross rent in Monmouth Junction is $1,935 (±$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 Monmouth Junction?

In Monmouth Junction, the median gross rent went from $2,356 in 2015–2019 to $1,935 in 2020–2024 (−17.9%).

Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.

How many rentals in Monmouth Junction cost more than $2,000 a month?

44.2% of rented homes in Monmouth Junction have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.

Is rent in Monmouth Junction higher than in Middlesex County?

In Monmouth Junction, 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

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 Monmouth Junction CDP, New Jersey (place:47190, 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.

Request a Census API 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