What is the median rent in Victory Gardens Borough, NJ?

Name: Median rent in Victory Gardens Borough, NJ, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median gross rent in Victory Gardens Borough, NJ is $1,518 (±$121) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 454 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Victory Gardens Borough, the median gross rent went from $1,229 in 2015–2019 to $1,518 in 2020–2024 (+23.5%).

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 November 12, 2026.

Median gross rent: $1,518 (±$121)
Rented homes: 454 (±111)
$2,000 or more: 9.1%
Since 2015–2019: +23.5%

How much rent costs in Victory Gardens Borough

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	Victory Gardens Borough	Morris County	New Jersey	United States
Less than $500	0.0% (±9.4 points)	4.1%	6.1%	6.3%
$500 to $999	0.0% (±9.4 points)	3.9%	7.9%	20.2%
$1,000 to $1,499	48.5% (±13.3 points)	17.5%	23.5%	28.1%
$1,500 to $1,999	42.5% (±14.0 points)	30.3%	28.5%	21.1%
$2,000 to $2,499	6.2% (±6.7 points)	17.6%	17.2%	12.0%
$2,500 to $2,999	2.9% (±4.7 points)	13.0%	7.9%	5.5%
$3,000 or more	0.0% (±9.4 points)	13.6%	8.9%	6.8%

The most common range is $1,000 to $1,499, paid by 48.5% of renting households.

9.1% of rented homes in Victory Gardens Borough cost $2,000 or more a month.

Victory Gardens Borough against Morris County, its state and the nation

Estimate (90% margin of error)
	Victory Gardens Borough	Morris County	New Jersey	United States
Median gross rent	$1,518 (±$121)	$1,904 (±$30)	$1,720 (±$7)	$1,413
Rented homes paying rent	454 (±111)	48,017 (±1,617)	1,230,839 (±7,912)	42,849,984

In Victory Gardens Borough, median gross rent is lower than in Morris County ($1,904).

It is also lower than in New Jersey ($1,720).

It is not measurably different from the national figure ($1,413).

In Morris County, Victory Gardens Borough ranks 36 of 39 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 406 of 548.

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

How rent in Victory Gardens Borough has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median gross rent	$1,229 (±$81)	$1,518 (±$121)	+23.5%	No measurable change after inflation
Households that rent	57.0% (±7.1 points)	67.1% (±11.2 points)	+10.1 percentage points	Not a measurable change
Rental vacancy rate	0.0% (±10.2 points)	7.2% (±9.5 points)	+7.2 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 Victory Gardens Borough

Nearest places with a published estimate, compared with Victory Gardens Borough
Place	Distance	Median gross rent	Compared with this place
Victory Gardens Borough	—	$1,518 (±$121)	—
Dover Town	1.0 mi	$1,825 (±$163)	Higher
Rockaway Borough	1.9 mi	$1,587 (±$335)	Not measurably different
Wharton Borough	2.2 mi	$1,720 (±$124)	Higher
Mount Hope	3.0 mi	$1,585 (±$337)	Not measurably different
Randolph Township	3.0 mi	$1,808 (±$77)	Higher
Denville Township	3.0 mi	$1,817 (±$577)	Not measurably different
Mine Hill Township	3.0 mi	$1,771 (±$193)	Higher
White Meadow Lake	3.7 mi	$2,686 (±$215)	Higher

Nearby places with a measurably higher figure: Dover Town, NJ ($1,825), Wharton Borough, NJ ($1,720), Randolph Township, NJ ($1,808).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Morris County, place by place

Rank	Place	Median gross rent
30	Parsippany-Troy Hills Township	$1,736 (±$42)
31	Wharton Borough	$1,720 (±$124)
32	Washington Township (Morris County)	$1,701 (±$197)
33	Mount Olive Township	$1,697 (±$65)
34	Butler Borough	$1,599 (±$133)
35	Rockaway Borough	$1,587 (±$335)
36	Victory Gardens Borough	$1,518 (±$121)
37	Jefferson Township	$1,480 (±$231)
38	Netcong Borough	$1,432 (±$67)
39	Chester Borough	$1,344 (±$675)

Showing 10 of 39 places in Morris 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 Victory Gardens Borough

What is the average rent in Victory Gardens Borough, NJ?

The Census Bureau publishes the median rather than the average: the median gross rent in Victory Gardens Borough is $1,518 (±$121) 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 Victory Gardens Borough?

In Victory Gardens Borough, the median gross rent went from $1,229 in 2015–2019 to $1,518 in 2020–2024 (+23.5%).

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 Victory Gardens Borough cost more than $2,000 a month?

9.1% of rented homes in Victory Gardens Borough have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.

Is rent in Victory Gardens Borough higher than in Morris County?

In Victory Gardens Borough, median gross rent is lower than in Morris County ($1,904).

It is also lower than in 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

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 Victory Gardens borough, Morris County, New Jersey (county subdivision:75890, in state:34 county:027).

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.