Rental market snapshot for Raritan, New Jersey

Raritan, New Jersey Rental Property Market Overview

Raritan, New Jersey is a small borough located in Somerset County with a population of 9,096 as of 2021, according to the US Census. It is a suburban community with a variety of housing options, including single-family homes, townhouses, and apartments. The borough is home to several parks and recreational facilities, as well as a variety of restaurants, shops, and other businesses. Raritan is also home to a number of historic sites, including the Raritan Public Library and the Raritan Valley Community College.

The average rent for an apartment in Raritan is $2,744. 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 November 20, 2023

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

  • The most expensive ZIP code in Raritan is 08869 with an average price of $2,810.
  • The cheapest ZIP code in Raritan is 08869 with an average price of $2,810.

Raritan ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent

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

The Nevius Street Bridge is a historic bridge located in Raritan, New Jersey. It is a single-span, steel truss bridge that was built in 1891 and is listed on the National Register of Historic Places. The bridge is a popular spot for locals and visitors alike, offering stunning views of the Raritan River and the surrounding area. The bridge is also a popular spot for fishing and other recreational activities.

Cardinal Woods Park is a picturesque outdoor destination located in a peaceful, wooded area. Visitors can enjoy a variety of activities, including hiking, biking, fishing, and bird watching. There is also a playground for children, as well as picnic tables and benches for a relaxing lunch or snack. The park also features a scenic pond, perfect for a peaceful stroll or a romantic evening.

River Park At Raritan is a scenic outdoor destination located along the banks of the Raritan River. Visitors can enjoy a variety of activities such as fishing, kayaking, canoeing, and picnicking. There are also trails for walking, running, and biking, as well as a playground for children. The park also features a boardwalk, a gazebo, and a pavilion for special events. The park is a great place to relax and take in the beauty of nature.

Trail Easement is a scenic walking path located in Raritan, New Jersey. The trail follows the banks of the Raritan River and offers stunning views of the surrounding countryside. Along the way, visitors can take in the sights of the river, the surrounding wetlands, and a variety of wildlife. The trail is also a great spot for bird watching and fishing. The trail is open year-round and is a great way to explore the area and get some exercise.

Raritan Valley Park is a sprawling outdoor recreation area located in the heart of New Jersey. It features a variety of activities for all ages, including hiking trails, biking paths, fishing spots, and picnic areas. The park also offers a variety of educational programs, such as nature walks and bird watching. Visitors can also enjoy a variety of outdoor sports, such as tennis, basketball, and volleyball. The park is also home to a variety of wildlife, including deer, foxes, and other small animals.

1888 Mills is a historic textile mill located in Raritan, New Jersey. The mill was built in 1888 and is now a museum and event space. Visitors can explore the mill's history and learn about the industrial revolution. The mill is open for tours, events, and educational programs. The building is also home to a variety of shops, restaurants, and galleries. The grounds of the mill feature a pond, walking trails, and a picnic area.

Elizabeth Ave Park is a beautiful outdoor space located in Raritan, New Jersey. It features a large playground, a basketball court, and a picnic area with tables and grills. There are also walking trails, a pond, and a gazebo. The park is a great place to take a leisurely stroll, have a picnic, or just relax and enjoy the scenery. It is a popular spot for families and friends to gather and spend time together.

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

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How does Raritan compare to other cities in New Jersey?

citymedian price
Hasbrouck Heights$2,995
Egg Harbor City$2,720

Average household income in Raritan area graph - US Census

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The median household income in Raritan in 2021 was $90,125. This represents a 22.8% change from 2011 when the median was $73,377.

0Less than $10,0003.5%
1$10,000 to $14,9992.4%
2$15,000 to $19,9993.0%
3$20,000 to $24,9996.1%
4$25,000 to $29,9990.3%
5$30,000 to $34,9990.9%
6$35,000 to $39,9995.6%
7$40,000 to $44,9991.0%
8$45,000 to $49,9992.5%
9$50,000 to $59,99910.9%
10$60,000 to $74,9999.0%
11$75,000 to $99,99915.8%
12$100,000 to $124,9996.5%
13$125,000 to $149,99910.1%
14$150,000 to $199,9998.7%
15$200,000 or more13.7%

Neighborhoods in Raritan

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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 October , the average rent in Raritan is $2,744.
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