Rental market snapshot for Somerville, New Jersey

Somerville, New Jersey Rental Property Market Overview

Somerville, New Jersey is a small town located in Somerset County with a population of 12,559 as of 2021, according to the US Census. It is a historic town with a charming downtown area, and is home to many restaurants, shops, and other businesses. The town is known for its vibrant arts and culture scene, and hosts a variety of events throughout the year. Somerville is also home to several parks and recreational areas, making it a great place to live and visit.

The average rent for an apartment in Somerville is $2,395. 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 Somerville New Jersey | Cost of Living

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Somerville ZIP codes with the highest, most expensive rent

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

Exchange Field is a large outdoor recreational area located in Somerville, New Jersey. It features a variety of activities and amenities, including a large grassy field, a playground, a walking path, a basketball court, a picnic area, and a concession stand. The field is also home to a variety of sports teams, including soccer, baseball, and softball. The field is well-maintained and offers a great place for families and friends to come together and enjoy the outdoors.

The U.S. Bicycling Hall of Fame is a museum dedicated to the history of cycling in the United States. It features a variety of exhibits, including vintage bicycles, cycling memorabilia, and artifacts from some of the most famous cyclists in the country. Visitors can also learn about the history of cycling in the U.S. and the development of the sport over the years. The museum also offers educational programs and workshops for both adults and children.

Michael Lepp Park is a picturesque park located in Somerville, New Jersey. It features a large pond, a playground, and plenty of open green space for visitors to enjoy. The park also has a walking path that winds around the pond, providing a peaceful and scenic stroll. There are plenty of benches and picnic tables for visitors to relax and take in the views. The park is a great spot for families to spend time together, as well as for individuals to enjoy some quiet time outdoors.

William St And E Cliff St Park is a scenic park located in Somerville, New Jersey. It features a large open grassy area, perfect for picnics and outdoor activities, as well as a playground, basketball court, and walking paths. The park also has a pond, which is home to a variety of wildlife, including ducks, geese, and turtles. The park is a great place to relax and enjoy the outdoors, and is a popular spot for families and friends to gather.

Walck Park is a large outdoor recreational area located in Somerville, New Jersey. It features a wide variety of activities and attractions, including a playground, a large pond, a walking trail, a picnic area, and a basketball court. The park also has a pavilion, which can be rented for special events. The park is surrounded by lush greenery and is a great place to spend a day outdoors.

The 9 11 Memorial Clock is a memorial dedicated to the victims of the September 11th terrorist attacks. It is located in a park in Somerville, New Jersey, and consists of a large clock tower with a bell that tolls at the exact time of the attacks. The clock is surrounded by a garden of trees and flowers, and a plaque with the names of the victims. The memorial is a place of reflection and remembrance for those affected by the tragedy.

Mercer St Park is a beautiful outdoor space located in Somerville, 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 walking path that winds through the park, providing a peaceful and scenic stroll. The park also has a basketball court, a gazebo, and a pond with a fountain. The park is a great place to relax and enjoy the outdoors.

Michael Lepp Park is a picturesque park located in Somerville, New Jersey. It features a large pond, a playground, and plenty of open green space for visitors to enjoy. The park also has a walking path that winds around the pond, providing a peaceful and scenic stroll. There are plenty of benches and picnic tables for visitors to relax and take in the views. The park is a great spot for families to spend time together, as well as for individuals to enjoy some quiet time outdoors.

Flochark Park is a large outdoor recreational area located in Somerville, New Jersey. It features a variety of activities for visitors of all ages, including a large playground, a walking trail, a fishing pond, and a picnic area. The park also has a basketball court, a sand volleyball court, and a disc golf course. The park is surrounded by lush green trees and is a great place to spend the day with family and friends.

Somerset County Offices & Institutions is a historic building complex located in Somerville, New Jersey. The complex consists of several buildings, including a courthouse, a jail, a sheriff's office, and a county administration building. The buildings are all built in the Greek Revival style and feature a variety of architectural elements, such as columns, pediments, and arched windows. The complex is a popular destination for visitors interested in learning about the history of the county and the state of New Jersey. The complex is also home to a variety of events, including concerts, art shows, and other community gatherings.

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

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How does Somerville compare to other cities in New Jersey?

citymedian price
Short Hills$5,545
South Plainfield$4,400
Lavallette$3,500
Cranfordship$3,025
Westfield$2,700
Cinnaminsonship$2,443
Paterson$1,881
South Bound Brook$1,730

Average household income in Somerville area graph - US Census

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The median household income in Somerville in 2021 was $92,995. This represents a 28.7% change from 2011 when the median was $72,271.

#categorypercent
0Less than $10,0003.6%
1$10,000 to $14,9993.8%
2$15,000 to $19,9992.0%
3$20,000 to $24,9994.2%
4$25,000 to $29,9995.1%
5$30,000 to $34,9993.1%
6$35,000 to $39,9991.2%
7$40,000 to $44,9993.2%
8$45,000 to $49,9993.3%
9$50,000 to $59,9994.3%
10$60,000 to $74,9999.6%
11$75,000 to $99,99913.5%
12$100,000 to $124,99917.4%
13$125,000 to $149,9998.2%
14$150,000 to $199,9999.0%
15$200,000 or more8.5%

Neighborhoods in Somerville

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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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Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

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 Somerville is $2,395.
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