Starting at $1,845 Per Month
- 1 - 2 Beds
44 Center Grove Rd, Randolph, NJ 07869
3 months FREE with 24 month lease - 1st full month, 13th & 24 month. Net Effective Rent Displayed. On Select units - restrictions apply.
Gateways at Randolph
Frequently Asked Questions
How much does it cost to rent a home in Randolph, NJ?
The median rent for a home in Randolph, NJ is $4,135 per month, though prices vary by neighborhood, size, and property type. As of July 2026, townhouses tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Randolph, NJ?
To comfortably afford the median rent in Randolph, NJ, a household needs to earn roughly $165,400 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $4,135 per month in Randolph, NJ, renters typically need to show $12,405 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Randolph, NJ?
In Randolph, NJ, the price-to-rent ratio is 16.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
