Rental market snapshot for Somerville, New Jersey

Somerville, New Jersey Rental Property Market Overview

The average rent for an apartment in Somerville is $2,142. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -5.7% over the past year.

Somerville is a borough in Somerset County, New Jersey, United States. As of the 2010 United States Census, the borough's population was 12,098, reflecting an increase of 2,433 (+25.4%) from the 9,665 counted in the 2000 Census, which had in turn increased by 2,071 (+26.8%) from the 7,594 counted in the 1990 Census.

Last Updated December 23, 2022

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

  • The most expensive ZIP Code in Somerville is 08876 with an average price of $2,455
  • The cheapest ZIP Code in Somerville is 08876 with an average price of $1,883

Somerville ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
108876$2,455

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

Exchange Field is a historic baseball stadium located in Somerville, New Jersey. The stadium was home to the Somerville Somervillians baseball team from 1883 to 1949. The stadium is currently home to the Somerville Raritan Valley Little League.

The U.S. Bicycling Hall of Fame is a museum dedicated to honoring the achievements of American cyclists. The museum features exhibits on the history of cycling, as well as the accomplishments of individual cyclists.

Michael Lepp Park is a large park with a playground, a basketball court, and a picnic area. The park also has a pond, which is a popular spot for fishing.

The William St And E Cliff St Park is a small park located in the center of Somerville, New Jersey. The park is home to a variety of trees, shrubs, and flowers. There is also a small pond in the park that is home to a variety of fish. The park is a popular spot for picnics and for people to relax.

Walck Park is a beautiful park located in Somerville, New Jersey. The park features a variety of amenities including a playground, picnic tables, a walking trail, and a pond.

The 9 11 Memorial Clock is a large clock tower that is located in Somerville, New Jersey. The clock tower is made up of two large towers that are connected by a large clock face. The clock tower is a memorial to the victims of the September 11th attacks.

Mercer St Park is a beautiful park located in the heart of Somerville. The park features a large pond, a walking trail, and a playground. The park is a great place to relax and enjoy the outdoors.

Michael Lepp Park is a 6-acre (2.4 ha) park located in Somerville, New Jersey. The park was created in 2006 and is named after Michael Lepp, a local resident who was killed in the September 11 attacks. The park features a playground, a basketball court, a walking trail, and a picnic area.

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
Linden$1,900
Newark$1,850
Flanders$1,855
Wharton$2,375
Lopatcong$1,495
Voorhees$1,835
West Windsor Township$3,395
Cliffside Park$2,395

Average household income in Somerville area graph - US Census

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The median household income in Somerville in 2021 was $86,842. This represents a 19.5% change from 2011 when the median was $72,665.

#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%

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.

Yes, but please attribute us accordingly.

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.
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