237

Somerset, NJ Homes for Rent

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  • /19

    $3,500 Per Month

    • 3 Beds
    • 2.5 Baths
    • Townhouse for Rent

    13 Reins Ct Unit C0904, Somerset, NJ 08873

    This NW-facing townhome offers 3 bedrooms, 2.5 bathrooms, 1,834 sq ft., a 1-car garage & a full sized basement. Freshly painted interiors, brand-new carpeting & new blinds throughout make this home truly move-in ready. 9 foot ceilings. Enter the spacious living room w gleaming laminate floors, flowing into the formal dining area. The kitchen features ample cabinetry w soft close cabinets, new LED

    Agent Photo

    Kushal Shah

    RE/MAX INSTYLE

    13 Reins Ct Unit C0904, Somerset, NJ 08873
  • /23

    Starting at $2,265 Per Month

    • 1 - 3 Beds

    100 Rutgers Blvd, Somerset, NJ 08873

    These new townhouse style apartments are over-sized and provide lots of extra space with either a finished loft or large basement with finished room. They also boast ample closets, granite & stainless steel appliances in the kitchens, balconies, full size washer and dryer, Energy Star design, security systems and ceramic tile baths and hardwood floors. In addition to beautifully finished

    Summerfields Lofts

    100 Rutgers Blvd, Somerset, NJ 08873
  • /8

    $2,900 Per Month

    • 2 Beds
    • 2.5 Baths
    • 1,575 Sq Ft
    • Condo for Rent

    11 Woodhill St, Somerset, NJ 08873

    Beautiful, updated 2 bedrooms 2 1/2 baths Townhouse in desirable Whitehall Manor, open floor plan with a huge loft, partially finished basement & one car garage.Updated Kitchen with granite counter tops and stainless steel appliances, opens to a patio while the living room is surrounded by a balcony. The two bedrooms have their own private balcony. Mins to public transportation to NYC & PA. This

    Agent Photo

    Richard Abrams

    CENTURY 21 ABRAMS & ASSOCIATES

    11 Woodhill St, Somerset, NJ 08873
  • /81

    Starting at $2,095 Per Month

    • 1 - 3 Beds

    1 John F. Kennedy Blvd, Somerset, NJ 08873

    The Park at Franklin is the perfect balance of suburban living with the convenience of an urban lifestyle. Close to fine dining, shopping and entertainment, you won't need to go far to enjoy all of what highly sought after Franklin Township has to offer. Easy access to major highways including Route 287, Garden State Parkway and New Jersey Turnpike will make your commute a breeze. Our community

    The Park at Franklin

    1 John F. Kennedy Blvd, Somerset, NJ 08873
  • /46

    $3,500 Per Month

    • 2 Beds
    • 2.5 Baths
    • 1,336 Sq Ft
    • Townhouse for Rent

    130 Winchester Way, Somerset, NJ 08873

    Welcome to this this beautiful newly renovated 2-bedroom, 2.5-bathroom townhouse! This gorgeous unit features a brand-new kitchen with stainless steel appliances, an eat-in kitchen with a breakfast nook, sleek new flooring throughout, and fresh paint in every room. The spacious living room includes a cozy fireplace, perfect for relaxing evenings.the second floor boasts two large bedrooms, each

    Agent Photo

    Carol Rowe-Mair

    RE/MAX FIRST REALTY, INC.

    130 Winchester Way, Somerset, NJ 08873
  • /43

    Starting at $1,700 Per Month

    • Studio - 2 Beds

    575 Easton Ave, Somerset, NJ 08873

    As the best Somerset, NJ apartments, The Harrison has studios, one bedrooms, and two bedrooms for rent. All homes are bright and spacious, with large windows, private balconies, custom kitchen cabinetry, hardwood flooring, and large spacious closets. The Harrison offers amenities like a refreshing swimming pool, fitness center, tennis court, and a modern clothes care center.The Harrison is steps

    The Harrison Somerset Apartment Homes

    575 Easton Ave, Somerset, NJ 08873
  • /45

    $5,900 Per Month

    • 3 Beds
    • 3.5 Baths
    • House for Rent

    47 Schindler Ct, Somerset, NJ 08873

    Agent Photo

    VIBHA MEHTA

    COLDWELL BANKER REALTY

    47 Schindler Ct, Somerset, NJ 08873
  • /50

    Starting at $1,922 Per Month

    • 1 - 3 Beds

    1 Shepherd St, Franklin Township, NJ 08873

    Luxury apartments centrally located in the heart of Franklin Township in Somerset County. Spread throughout 5 buildings, the property features 1, 2, and 3 bedroom apartments and townhouses. Somerset Square is central to shopping, dining, recreational destinations, and transportation options. With thoughtfully designed layouts, Somerset Square has a sense of community for its residents with its

    Somerset Square

    1 Shepherd St, Franklin Township, NJ 08873
  • /40

    $3,500 Per Month

    • 3 Beds
    • 2.5 Baths
    • Condo for Rent

    8 Edith Place, Somerset, NJ 08873

    NORTHEAST FACING! STUNNING END UNIT WITH HARDWOOD FLOORS! LOADED WITH UPGRADES! EAT IN KITCHEN,LIVINGROOM AND DINING ROOM WITH SLIDING GLASS DOORS TO DECK. MASTER BEDROOM WITH PRIVATE BATH AND WALK INCLOSET. FULL FINISH BASEMENT AND 1 CAR GARAGE. PERFECT FOR ENTERTAINING! COMMUTERS DREAM!BUS SERVICE TONYC AND TRAIN!

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    Chiquita Pittman

    RE/MAX FIRST REALTY

    8 Edith Place, Somerset, NJ 08873
  • /26

    Starting at $2,495 Per Month

    • 2 - 3 Beds

    265 Franklin Blvd, Somerset, NJ 08873

    * Gracious living and savings galore! These newly-renovated, garden-style apartments in prestigious Franklin Township, boast incomparable living, unparalleled convenience, and just-in-time savings in this tough economy! If you're ready to take a break from the hustle of city living, then The Arbors at Franklin Township is just the place for you! Everything about this community says home. Enjoy

    The Arbors At Franklin

    265 Franklin Blvd, Somerset, NJ 08873
  • /18

    $2,700 Per Month

    • 2 Beds
    • 2 Baths
    • 1,174 Sq Ft
    • Condo for Rent

    80 Oswestry Way, Somerset, NJ 08873

    2-bedroom, 2-bath second-floor unit, centrally located for ultimate convenience. Nestled along the scenic edge of Quail Brook Golf Course, the charming Colonnade Homes community offers peaceful living at its finest. The beautiful naturally lite kitchen features refrigerator, dishwasher, Gas oven range. A spacious living and dining area provides the perfect setting for both everyday living and

    Agent Photo

    VIBHA MEHTA

    COLDWELL BANKER REALTY

    80 Oswestry Way, Somerset, NJ 08873
  • /17

    Starting at $2,534 Per Month

    • 1 - 2 Beds

    199 Pierce St, Somerset, NJ 08873

    AVE Somerset isn't just where you live – it's how you Live Better(R). Experience elevated apartment living with high-touch service, curated community events, and resort amenities that blend home, work, and leisure in charming Somerset County. We offer a variety of 1, and 2 bedroom apartments featuring private entries, Whirlpool appliances, large walk-in closets, and dedicated laundry rooms.

    AVE Somerset

    199 Pierce St, Somerset, NJ 08873
  • /18

    Starting at $1,870 Per Month

    • 1 - 2 Beds

    7 Hempstead Dr, Somerset, NJ 08873

    Tucked away in Franklin Township, Hempstead Gardens, a pet free community, offers perfect apartment style living. We provide the seclusion of a comfortable suburban community with easy access to major corporations, great shopping malls, wonderful restaurants and excellent schools. Enjoy our beautifully landscaped setting with friendly neighbors and professional on-site management. Our location is

    Hempstead Gardens

    7 Hempstead Dr, Somerset, NJ 08873
  • /21

    Starting at $1,800 Per Month

    • Studio - 2 Beds

    510 Hamilton St, Somerset, NJ 08875

    Recently built apartment building located on the border of New Brunswick and Somerset, less than one mile from Rutgers University and the New Brunswick Train Station.Apartment Features Include:Free laundryFree garage parkingWater includedConvenient location near Rutgers, downtown New Brunswick, shopping, dining, and transportationAvailable units are leasing

    510 Hamilton

    510 Hamilton St, Somerset, NJ 08875
  • /32

    Starting at $1,950 Per Month

    • 1 - 2 Beds

    745 Hamilton St, Somerset, NJ 08873

    Situated on Hamilton Street in Somerset, NJ, 745 Hamilton is conveniently located near downtown New Brunswick, Rutgers University, local hospitals, NJ Transit, and major roadways such as Easton Avenue and Routes 18 & 27. Our apartment community features spectacular amenities including a WiFi-connected fitness center and yoga studio, private balconies for every apartment, ample parking

    745 Hamilton

    745 Hamilton St, Somerset, NJ 08873
  • /23

    Starting at $3,195 Per Month

    • 2 - 3 Beds

    1800 Fir Ct, Somerset, NJ 08873

    Cedar Manor Luxury Rental Homes brings a new dimension to residential rental living. Offering modern and spacious floorplans in quiet enclaves, Cedar Manor redefines apartment living and is a great alternative to homeownership. Elegant appointments and outstanding amenities create an environment of unparalleled comfort, raising the bar on luxury rental living. Community life is enhanced by a

    Cedar Manor

    1800 Fir Ct, Somerset, NJ 08873
  • /35

    Starting at $2,126

    Total Monthly Price

    • Studio - 3 Beds

    500 Bristol Blvd, Somerset, NJ 08873

    Welcome home to Grove at Somerset!

    Grove at Somerset

    500 Bristol Blvd, Somerset, NJ 08873
  • /35

    Starting at $1,895 Per Month

    • 1 - 2 Beds

    1 Reler Ln, Somerset, NJ 08873

    Welcome to Somerset Mews Garden Apartments, in Somerset New Jersey. Our 1 and 2-bedroom apartments feature a spacious kitchen opening up to an elegant hardwood floor dining area, central heat and air, and windows on both front and back for an airy, open atmosphere. This owner managed property has 24-hour maintenance. Your rent includes membership in our private, on-site fitness center, and

    Somerset Mews

    1 Reler Ln, Somerset, NJ 08873
  • /35

    Starting at $1,850 Per Month

    • 1 - 3 Beds

    201 Pickering Place, Somerset, NJ 08873

    Somerset Park is Somerset Country's premiere luxury rental community. Each of our 1, 2, or 3-bedroom homes include a washer and dryer, a dishwasher, frost free fridges, fios, walk in closets, lots of storage, central air, and gas heat. Our owner managed property has handicap accessible units, emergency maintenance, swimming pool, playground, recreation center, and tennis and basketball courts.

    Somerset Park

    201 Pickering Place, Somerset, NJ 08873
  • /35

    Starting at $1,850 Per Month

    • 1 - 2 Beds

    1126 Easton Ave, Somerset, NJ 08873

    Short term leases available also! Call for details!! At Easton North our 1 and 2-bedroom apartments have balconies, large living areas, and dishwashers. Rent includes heat and cooking gas. units have air-conditioning and high-speed Internet capability. The propery is owner managed and has on site 24-hour emergency maintenance. Grounds include pool, tennis court, and playground with a clubhouse

    Easton North Apartments

    1126 Easton Ave, Somerset, NJ 08873
  • /28

    Starting at $2,095 Per Month

    • 1 - 2 Beds

    2811 Holland Dr, Somerset, NJ 08873

    Whitehall Gardens features 384 one and two bedroom residences rising in the Somerset County town of Somerset, New Jersey. Residences at Whitehall Gardens range from 760 to 1,070 square feet of living space and boast a number of appointments including a dishwasher, refrigerator, oven, washer and dryer, carpeting and hardwood flooring, central air conditioning, walk-in closet, patio or balcony (per

    Whitehall Gardens

    2811 Holland Dr, Somerset, NJ 08873
  • /22

    Starting at $1,995 Per Month

    • 1 - 2 Beds

    1100 Village Dr, Somerset, NJ 08873

    Striking floorplans with spacious rooms, private entrances, patios and balconies, and closet space galore make Carriage Run Apartments & Townhomes unique. Pet friendly management and amenities such as a swimming pool and individually controlled heating and air conditioning add to the comfort you'll find. Call us for more details!

    Carriage Run Apartments & Townhomes

    1100 Village Dr, Somerset, NJ 08873
  • /23

    Starting at $2,050 Per Month

    • 1 - 2 Beds

    30 Pasture Trail, Somerset, NJ 08873

    At Countryside, each of our spacious 1 and 2-bedroom apartments offers a washer/dryer, cable, and lots of closet space. Our owner managed property has on-site maintenance and includes a pool, a tennis court, volleyball and basketball courts, and park-like playground. Disability access. Conveniently located. Come home to convenient living at Countryside. Choose from a variety of spacious

    Countryside Apartments

    30 Pasture Trail, Somerset, NJ 08873
  • /26

    $3,500

    Total Monthly Price

    • 3 Beds
    • 2.5 Baths
    • 1,700 Sq Ft
    • Townhouse for Rent

    44 Whitby Cir, Somerset, NJ 08873

    FOR RENT STUNNING CORNER TOWNHOME IN PRIME CUL-DE-SAC LOCATIONAvailable August 15th – Will Not LastSPACIOUS AND MOVE IN READYWelcome to this freshly painted, beautifully maintained 3 bedroom, 2.5 bath townhome. Nestled as a sought after corner unit in a quiet, family friendly cul de sac, this property offers both safety and serenity. With a 1 car garage and ample guest parking,

    44 Whitby Cir, Somerset, NJ 08873
  • /19

    $3,100 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,488 Sq Ft
    • Townhouse for Rent

    22 Jill Ct Unit 22, Somerset, NJ 08873

    Extremely desirable end-unit townhome now available for rent! This spacious two-story residence offers 3 bedrooms, 2.5 bathrooms with a fully finished basement. Step into a bright two story foyer featuring luxury vinyl plank flooring on main level including the staircase. The open living and dining areas offers a gas fireplace with sliders leading to a private deck. Upstairs, the spacious primary

    Nayna Bawa NEW JERSEY REALTY, LLC.

    22 Jill Ct Unit 22, Somerset, NJ 08873
  • /15

    $2,800 Per Month

    • 2 Beds
    • 2.5 Baths
    • 1,176 Sq Ft
    • Townhouse for Rent

    248 Tintern Ct, Franklin Township, NJ 08873

    Property Id: 2848979 Owner-occupied and meticulously maintained, this beautifully updated townhouse is nestled in a quiet neighborhood near the golf course. This townhouse has two bedrooms with attached full bathrooms. It has no basement but a lot of storage area in the one car garage. The home was extensively renovated in 2020, featuring new flooring, a modern kitchen, updated bathrooms,

    248 Tintern Ct, Franklin Township, NJ 08873
  • /23

    $3,950 Per Month

    • 3 Beds
    • 2 Baths
    • 1,887 Sq Ft
    • House for Rent

    6 Flower Rd, Somerset, NJ 08873

    Enjoy spacious living in this large 3-bedroom ranch, recently updated to meet every modern need. The home boasts a fresh look with new flooring and a full kitchen with new stainless steel appliances. You will love the comfort of the heated ceramic flooring and the convenience of the updated bathrooms. The property includes a garage and parking for 4 cars, on-site laundry, large yard and patio,

    Louis Barrood BARROOD REAL ESTATE

    6 Flower Rd, Somerset, NJ 08873
  • /11

    $1,500 Per Month

    • 1 Bed
    • 1 Bath
    • House for Rent

    121 Sunnyvale Ct, Franklin Township, NJ 08873

    Property Id: 2840872 Cozy studio for rent. Private entrance and bathroom. Shared kitchen. Fully furnished. townhouse with a basement suite

    121 Sunnyvale Ct, Franklin Township, NJ 08873
  • /2

    $2,750 Per Month

    • 2 Beds
    • 2.5 Baths
    • 1,648 Sq Ft
    • Townhouse for Rent

    231 Kingsberry Dr, Somerset, NJ 08873

    Welcome to this spacious and private 2-bedroom, 2.5-bath townhouse featuring a versatile loft, attached garage, and finished basement. The open-concept main level offers a bright living room with abundant windows and a wood-burning fireplace, creating a comfortable space for everyday living and entertaining. Both bedrooms feature private balconies, while the finished basement provides additional

    Inderjit Singh COLDWELL BANKER REALTY

    231 Kingsberry Dr, Somerset, NJ 08873
  • /9

    $2,150 Per Month

    • 2 Beds
    • 1 Bath
    • Townhouse for Rent

    3 Norwich Place, Franklin Township, NJ 08873

    Beautiful 1st floor unit in this quiet community with woods and golf course surrounding. Pergo floors, stainless appliances, and granite counter tops Upgraded bathroom, close to transportation. Brand new carpeting and newly painted.

    3 Norwich Place, Franklin Township, NJ 08873
  • /22

    $2,450 Per Month

    • 2 Beds
    • 1.5 Baths
    • Apartment for Rent

    111 Almond Dr, Somerset, NJ 08873

    This spacious 2-bedroom, 1.5-bathroom condominium is located in a well-maintained community and features a bright, modern layout designed for comfortable living. Perfect for anyone seeking contemporary living, this home offers a functional floor plan with generous living space, a welcoming atmosphere, central air conditioning, and the convenience of an in-unit washer and dryer. Ideally situated

    Sandra Chambers RE/MAX SELECT

    111 Almond Dr, Somerset, NJ 08873
  • /37

    $3,100 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,529 Sq Ft
    • Townhouse for Rent

    44 Whitby Cir, Somerset, NJ 08873

    Wonderful opportunity to rent a spacious 3-bedroom, 2.5-bath townhouse in the desirable Manors at Quailbrook! This inviting home offers a comfortable and functional layout with updated flooring throughout and plenty of space to relax and entertain. The welcoming family room features a cozy wood burning fireplace and a slider leading to the private deck perfect for enjoying your morning coffee or

    Laura Pallay RE/MAX INSTYLE

    44 Whitby Cir, Somerset, NJ 08873
  • /20

    $3,200 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,580 Sq Ft
    • Townhouse for Rent

    7 Jill Ct, Somerset, NJ 08873

    Available October 1st!Beautiful, spacious northeast-facing end-unit Bedford model townhouse featuring 3 bedrooms and 2.5 bathrooms. The home offers an inviting eat-in kitchen with stainless steel appliances, a bright living room with a cozy fireplace, and sliding glass doors leading to a private wooden deck—perfect for relaxing or entertaining.The primary bedroom features a large walk-in

    POONAM REKHARI Keller Williams Real Estate - Princeton

    7 Jill Ct, Somerset, NJ 08873
  • /2

    $3,399 Per Month

    • 3 Beds
    • 2.5 Baths
    • Condo for Rent

    11 Jill Ct, Somerset, NJ 08873

    Welcome to this beautifully appointed 3-bedroom, 2.5-bath interior townhome in the desirable Somerset Glen community. Thoughtfully designed for both comfort and style, the main level features gleaming hardwood floors and a gourmet kitchen with granite countertops and stainless steel appliances. A cozy gas fireplace in the living area adds warmth and charm, creating the perfect ambiance for

    Dhanraj Seri PUBLIC TRUST REALTY GROUP LLC

    11 Jill Ct, Somerset, NJ 08873
  • /25

    $2,750 Per Month

    • 2 Beds
    • 2 Baths
    • Townhouse for Rent

    123 Harrow Dr, Somerset, NJ 08873

    Beautifully updated - freshly painted, brand new flooring, new windows, corner/end-unit townhome offering true one-floor ranch-style living with no one living above you, providing exceptional privacy and comfort in the highly sought-after Manor Homes at Quail Brook. Filled with abundant natural light, this bright and airy home features an open-concept layout that creates a warm and inviting

    Kunho 'John' Lee EXP REALTY, LLC

    123 Harrow Dr, Somerset, NJ 08873
  • /18

    $2,900 Per Month

    • 2 Beds
    • 2.5 Baths
    • 1,575 Sq Ft
    • Townhouse for Rent

    12 Spencer St, Somerset, NJ 08873

    Beautifully maintained and freshly painted townhouse in the desirable White Hall Manor community, available for immediate occupancy! This spacious home features 2 bedroom, 2.5 bath, a large open loft, and a finished basement offering plenty of flexible living space. Highlights include a brand-new heating and central air conditioning system, wood-burning fireplace, private patio, in-unit laundry,

    Ching Liang ELITE REALTORS OF NEW JERSEY

    12 Spencer St, Somerset, NJ 08873
  • /24

    $3,400 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,850 Sq Ft
    • Condo for Rent

    12 Gallop Ln, Somerset, NJ 08873

    Welcome home to this beautifully refreshed 3-bedroom, 2.5-bath rental offering comfortable living space, a basement, and a garage. The home has been freshly painted throughout and features new flooring, updated fixtures, new bathroom vanities, and refreshed bathroom flooring for a clean, modern feel.Enjoy a functional layout with plenty of room for everyday living, entertaining, or working from

    ASIM USMANI EAST SKY REALTY LLC

    12 Gallop Ln, Somerset, NJ 08873
  • /2

    $2,600 Per Month

    • 2 Beds
    • 2.5 Baths
    • Condo for Rent

    12 Nottingham Way, Somerset, NJ 08873

    Welcome home to this well-maintained 2-bedroom, 2.5-bath townhome offering a comfortable layout with thoughtful updates throughout. The main level features LVP flooring, a bright kitchen with updated cabinetry, hard-surface countertops, and plenty of workspace, along with an open flow into the adjoining living and dining areas. Upstairs, both bedrooms are generously sized, and each has access to

    Nina Jordan COLDWELL BANKER REALTY

    12 Nottingham Way, Somerset, NJ 08873
  • /27

    $2,950 Per Month

    • 2 Beds
    • 1.5 Baths
    • 1,104 Sq Ft
    • Townhouse for Rent

    34 Almond Dr, Somerset, NJ 08873

    Gorgeous, Townhouse for Rent! Welcome home! 2 Bedroom, 1 and a Half Bath, 1 CAR PARKING. This immaculate, freshly painted townhouse is completely move-in ready and packed with premium upgrades. Whether you love to entertain or simply want a cozy sanctuary to unwind, this stunning property has everything you need. Spacious Living Room: Features a cozy wood-burning fireplace and a beautiful big box

    Rajeev Kumar NEW AND MODERN GROUP LLC

    34 Almond Dr, Somerset, NJ 08873
  • /2

    $3,500 Per Month

    • 3 Beds
    • 3 Baths
    • 1,488 Sq Ft
    • Townhouse for Rent

    10 Dina Ln Unit 10, Somerset, NJ 08873

    Welcome to this beautifully maintained 3-bedroom, 3 full-bath townhome in the desirable Franklin Township community. Offering the perfect blend of comfort, space, and convenience, this inviting home is ready for its next tenants. The sun-filled kitchen features ample cabinetry, a gas range, refrigerator, dishwasher, and durable vinyl flooring. The open-concept living and dining area is ideal for

    Inderjit Singh COLDWELL BANKER REALTY

    10 Dina Ln Unit 10, Somerset, NJ 08873

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Why Live in Somerset

Somerset, NJ, a riverside suburb near Rutgers University-New Brunswick, blends charming countryside elements with modern suburban lifestyles. Located within Franklin Township, Somerset offers a mix of residential areas and ample park space. The community, home to around 20,000 residents, benefits from nearby amenities such as shopping, entertainment, and convenient transportation options to New York City. The local economy is supported by industries like pharmaceuticals, manufacturing, and IT infrastructure, with companies such as Meda and Catalent playing significant roles. Traditional suburban homes dominate the area, featuring three to four-bedroom split-level houses with colonial influences, alongside newer townhouses and condos. Students in Somerset have access to a variety of educational options, including public, private, and charter schools. Outdoor enthusiasts can enjoy Colonial Park's 680 acres of gardens and trails, the Delaware & Raritan Canal State Park Trail, and Buccleuch Park's athletic facilities and historic mansion. Dining options include local favorites like Stateside Tap + Tavern and Jersey Cyclone Brewing Company, while shopping centers such as Franklin Towne Center offer diverse culinary experiences. Commuters have access to the New Brunswick train station, 7 miles away, and can reach New York City in just over an hour.

Frequently Asked Questions

How much does it cost to rent a home in Somerset, NJ?
The median rent for a home in Somerset, NJ is $3,200 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos 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 Somerset, NJ?
To comfortably afford the median rent in Somerset, NJ, a household needs to earn roughly $128,000 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 $3,200 per month in Somerset, NJ, renters typically need to show $9,600 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 Somerset, NJ?
In Somerset, NJ, the price-to-rent ratio is 14.3, 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.

Rental Home Trends

Number of Homes for Rent
65
Median Rent
$3,200
Median Single Family Home Rent
$3,000
Median Condo Rent
$2,900
How to Rent a Home