Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Bound Brook, NJ Rental Market Trends
What is the average rent in Bound Brook?
The average rent for an apartment in Bound Brook is $1,765. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Bound Brook, NJ
Last updated May 2022
Average Rent | Average Apartment Size |
---|---|
$1,765 | 738 sq. ft. |
What is the average apartment size in Bound Brook?
The average size for a Bound Brook, NJ apartment is 738 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Bound Brook, NJ Apartment Rent Ranges
Bound Brook, NJ Occupied Housing Units
1,209 or 28% of the households in Bound Brook, NJ are renter-occupied while 2,967 or 71% are owner-occupied.
Bound Brook, NJ Rent Trends
Average Rent | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Nov / 2021 | May / 2022 |
---|---|---|---|---|---|---|---|---|---|---|
Bound Brook, NJ | $1,568 | $1,580 | $1,588 | $1,617 | $1,630 | $1,646 | $1,589 | $1,623 | $1,712 | $1,765 |
National | $1,367 | $1,399 | $1,407 | $1,409 | $1,399 | $1,403 | $1,412 | $1,495 | $1,591 | $1,628 |

How Bound Brook Compares to Other Cities
City | Average Rent |
---|---|
New York City | $3,977 |
Manhattan | $4,265 |
Brooklyn | $3,124 |
Bronx | $1,650 |
Jersey Shore | $1,805 |
Jersey City | $3,153 |
Hoboken | $3,739 |
Newark | $1,357 |
Queens | $2,769 |
East Orange | $1,513 |
Elizabeth | $1,521 |
Trenton | $1,454 |
Yonkers | $2,216 |
Camden | $1,147 |
Long Branch | $2,465 |
Princeton | $2,834 |
Summit | $2,222 |
New Rochelle | $2,359 |
New Brunswick | $2,142 |
Rahway | $2,009 |
Bound Brook | $1,765 |
Most Popular Apartments in Bound Brook
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Bound Brook apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.