What is the median rent in South Bound Brook Borough, NJ?
The median gross rent in South Bound Brook Borough, NJ is $1,778 (±$179) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 727 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In South Bound Brook Borough, the median gross rent went from $1,422 in 2015–2019 to $1,778 in 2020–2024 (+25.0%).
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
- $1,778 (±$179)
- Rented homes
- 727 (±131)
- $2,000 or more
- 34.8%
- Since 2015–2019
- +25.0%
How much rent costs in South Bound Brook Borough
| Monthly gross rent | South Bound Brook Borough | Somerset County | New Jersey | United States |
|---|---|---|---|---|
| Less than $500 | 1.4% (±2.1 points) | 1.9% | 6.1% | 6.3% |
| $500 to $999 | 2.1% (±3.4 points) | 4.0% | 7.9% | 20.2% |
| $1,000 to $1,499 | 27.5% (±12.3 points) | 11.4% | 23.5% | 28.1% |
| $1,500 to $1,999 | 34.3% (±11.2 points) | 31.0% | 28.5% | 21.1% |
| $2,000 to $2,499 | 20.8% (±10.8 points) | 25.3% | 17.2% | 12.0% |
| $2,500 to $2,999 | 4.5% (±4.0 points) | 14.9% | 7.9% | 5.5% |
| $3,000 or more | 9.5% (±9.7 points) | 11.5% | 8.9% | 6.8% |
The most common range is $1,500 to $1,999, paid by 34.3% of renting households.
34.8% of rented homes in South Bound Brook Borough cost $2,000 or more a month.
South Bound Brook Borough against Somerset County, its state and the nation
| South Bound Brook Borough | Somerset County | New Jersey | United States | |
|---|---|---|---|---|
| Median gross rent | $1,778 (±$179) | $2,033 (±$52) | $1,720 (±$7) | $1,413 |
| Rented homes paying rent | 727 (±131) | 32,528 (±1,212) | 1,230,839 (±7,912) | 42,849,984 |
In South Bound Brook Borough, median gross rent is lower than in Somerset County ($2,033).
It is not measurably different from New Jersey ($1,720).
It is higher than the national figure ($1,413).
In Somerset County, South Bound Brook Borough ranks 18 of 21 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 265 of 548.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in South Bound Brook Borough has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,422 (±$147) | $1,778 (±$179) | +25.0% | No measurable change after inflation |
| Households that rent | 43.1% (±6.4 points) | 42.1% (±7.3 points) | −1.0 percentage points | Not a measurable change |
| Rental vacancy rate | 7.7% (±8.0 points) | 0.0% (±5.8 points) | −7.7 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 South Bound Brook Borough
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| South Bound Brook Borough | — | $1,778 (±$179) | — |
| Bound Brook Borough | 1.1 mi | $1,973 (±$112) | Not measurably different |
| Franklin Center | 1.7 mi | $2,748 (±$327) | Higher |
| Middlesex Borough | 2.1 mi | $1,416 (±$58) | Lower |
| Finderne | 2.5 mi | $2,114 (±$141) | Higher |
| Manville Borough | 3.4 mi | $1,844 (±$173) | Not measurably different |
| Somerset | 3.5 mi | $2,121 (±$164) | Higher |
| Piscataway Township | 3.6 mi | $2,024 (±$109) | Higher |
| Rutgers University-Busch Campus | 3.9 mi | $2,197 (±$82) | Higher |
Nearby places with a measurably lower figure: Middlesex Borough, NJ ($1,416).
Nearby places with a measurably higher figure: Franklin Center, NJ ($2,748), Finderne, NJ ($2,114), Somerset, NJ ($2,121).
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 |
|---|---|---|
| 12 | Raritan Borough | $2,112 (±$197) |
| 13 | Bound Brook Borough | $1,973 (±$112) |
| 14 | Manville Borough | $1,844 (±$173) |
| 15 | Peapack and Gladstone Borough | $1,820 (±$157) |
| 16 | Somerville Borough | $1,802 (±$49) |
| 17 | Rocky Hill Borough | $1,799 (±$93) |
| 18 | South Bound Brook Borough | $1,778 (±$179) |
| 19 | North Plainfield Borough | $1,752 (±$75) |
| 20 | Far Hills Borough | $1,554 (±$298) |
| 21 | Millstone Borough | $1,375 (±$856) |
Showing 10 of 21 places in Somerset 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 South Bound Brook Borough
What is the average rent in South Bound Brook Borough, NJ?
The Census Bureau publishes the median rather than the average: the median gross rent in South Bound Brook Borough is $1,778 (±$179) 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 South Bound Brook Borough?
In South Bound Brook Borough, the median gross rent went from $1,422 in 2015–2019 to $1,778 in 2020–2024 (+25.0%).
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 South Bound Brook Borough cost more than $2,000 a month?
34.8% of rented homes in South Bound Brook Borough have a gross rent of $2,000 or more a month, and 1.4% cost less than $500.
Is rent in South Bound Brook Borough higher than in Somerset County?
In South Bound Brook Borough, median gross rent is lower than in Somerset County ($2,033).
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 — South Bound Brook borough, Somerset County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — South Bound Brook borough, Somerset County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — South Bound Brook borough, Somerset 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 South Bound Brook borough, Somerset County, New Jersey (county subdivision:68730, in state:34 county:035).
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
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- Population growth in South Bound Brook Borough
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- 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