Rental market snapshot for Carteret, New Jersey

Carteret, New Jersey Rental Property Market Overview

Carteret, New Jersey is a borough located in Middlesex County. It is home to a population of 25,152 people, as of 2021 according to the US Census (https://www.census.gov/quickfacts/carteretboroughnewjersey). The borough is known for its diverse population and vibrant culture. It is home to a variety of restaurants, shops, and other businesses, as well as a number of parks and recreational areas. Carteret is also home to a number of schools, making it a great place to raise a family.

The average rent for an apartment in Carteret is $2,580. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Carteret New Jersey | Cost of Living

  • The most expensive ZIP code in Carteret is 07008 with an average price of $2,708.
  • The cheapest ZIP code in Carteret is 07008 with an average price of $2,708.

Carteret ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
107008$2,708

Live near Carteret, New Jersey's Top Sights and Attractions

Carteret Park is a large outdoor recreational area located on the banks of the Arthur Kill River. It features a variety of amenities, including a playground, picnic area, basketball court, and walking trails. The park also has a boat launch, allowing visitors to explore the river and its surrounding wetlands. The park is a great spot for fishing, bird watching, and enjoying the natural beauty of the area.

Waterfront Park is a scenic outdoor destination located on the banks of the Arthur Kill. It features a boardwalk, a fishing pier, and a picnic area with grills and tables. Visitors can also enjoy a variety of recreational activities, such as kayaking, canoeing, and bird watching. The park also has a playground and a nature trail, perfect for a leisurely stroll. On warm days, the beach is a great spot to relax and take in the stunning views of the river.

Medwick Park is a beautiful outdoor destination located in the heart of New Jersey. It features a variety of recreational activities, including a playground, walking trails, picnic areas, and a fishing pier. The park also has a large pond with a fountain, which is a popular spot for bird watching. The park is also home to a variety of wildlife, including ducks, geese, and other waterfowl. The park is a great place to relax and enjoy the outdoors.

Chrome Andrews Park is a beautiful outdoor space located on the banks of the Arthur Kill. It features a large playground, picnic areas, and a fishing pier with stunning views of the water. There are also walking trails and plenty of open space for sports and other activities. The park is a great spot for families to enjoy a day outdoors, with plenty of room to run and play.

Civic Center Park is a beautiful outdoor attraction located in Carteret, New Jersey. It features lush green lawns, winding pathways, and plenty of trees and shrubs. The park also has a playground, basketball court, and picnic areas, making it a great place for families to spend time together. There is also a gazebo, which is perfect for hosting events or just enjoying the scenery. The park also has a pond, which is a great spot for fishing or just admiring the wildlife.

John Street Soccer Park is a premier outdoor sports facility located in a picturesque setting. It features two full-sized soccer fields, a basketball court, a playground, and a picnic area. The fields are lined with artificial turf and have professional-grade lighting for night games. The park also offers a concession stand, restrooms, and ample parking. It is a great place for families and friends to come together and enjoy a game of soccer or basketball.

Ash Street Park is a beautiful outdoor space located in a coastal town. It features a large, grassy area perfect for picnics, a playground with swings and slides, and a walking path that winds through the park. The park also has a basketball court, a baseball diamond, and a gazebo for relaxing. The views of the nearby harbor and ocean are stunning, and the park is a great place to spend an afternoon.

Grant Avenue Park is a beautiful outdoor space located in Carteret, New Jersey. It features a large grassy area perfect for picnics and outdoor activities, as well as a playground for children. There is also a basketball court, a walking path, and a gazebo. The park is surrounded by trees and offers plenty of shade, making it a great spot to relax and enjoy the outdoors.

Shorecrest Park is a picturesque waterfront park located on the Arthur Kill in New Jersey. It offers stunning views of the New York City skyline, as well as a variety of recreational activities. Visitors can enjoy a variety of outdoor activities, such as fishing, kayaking, and bird watching. There are also picnic areas, playgrounds, and a boardwalk for leisurely strolls. The park also features a boat launch, making it a great spot for boaters.

Banick Park is a scenic outdoor destination located in the heart of Carteret, New Jersey. It features a variety of recreational activities, such as walking trails, playgrounds, and picnic areas. Visitors can also enjoy fishing, boating, and bird watching in the park's lake. The park also offers a variety of sports fields, including baseball, softball, and soccer. The park is also home to a variety of wildlife, including deer, foxes, and other small animals. The park is a great place to spend a day outdoors, enjoying the natural beauty of the area.

Carteret, New Jersey area median rent change by ZIP code map

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How does Carteret compare to other cities in New Jersey?

citymedian price
East Brunswickship$2,872
Neptuneship$2,600
Monroeship$2,595
Rockaway$2,200
Pine Hill$2,125
Matawan$1,984
Elizabeth$1,800
South Bound Brook$1,730

Average household income in Carteret area graph - US Census

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The median household income in Carteret in 2021 was $74,583. This represents a 20.7% change from 2011 when the median was $61,801.

#categorypercent
0Less than $10,0006.4%
1$10,000 to $14,9993.3%
2$15,000 to $19,9992.8%
3$20,000 to $24,9993.9%
4$25,000 to $29,9994.9%
5$30,000 to $34,9993.3%
6$35,000 to $39,9993.6%
7$40,000 to $44,9993.6%
8$45,000 to $49,9993.3%
9$50,000 to $59,9996.2%
10$60,000 to $74,9998.1%
11$75,000 to $99,99921.2%
12$100,000 to $124,9998.6%
13$125,000 to $149,9998.5%
14$150,000 to $199,9995.3%
15$200,000 or more7.1%

Neighborhoods in Carteret

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

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While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Carteret is $2,580.
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