Special Interest

Housing in Somerset County

The inside story on rent prices
Source: US Census Bureau - ACS 5 Yr 2023

Almost half of renters in the United States pay 1/3 or more of their monthly income for rent (third column above). Compare that with rent in Somerset County and New Jersey in the first two columns. The optimal rent to household income ratio is 25% to 28% or less. When you pay more than 30% of your income towards rent, your ability to pay for food, transportation, health care, education, and savings becomes increasingly difficult.
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How affordable is housing in Somerset County?

Towns Near Peapack

City
County
State
Miles
Somerset
NJ
0.0 mi.
Somerset
NJ
3.9 mi.
Somerset
NJ
4.5 mi.
Somerset
NJ
4.8 mi.
Somerset
NJ
5.1 mi.
Somerset
NJ
5.5 mi.
Somerset
NJ
6.8 mi.
Somerset
NJ
7.5 mi.
Somerset
NJ
8.7 mi.
Somerset
NJ
8.9 mi.
Somerset
NJ
9.0 mi.
Somerset
NJ
9.1 mi.
Somerset
NJ
9.9 mi.
Somerset
NJ
10.0 mi.
Somerset
NJ
10.2 mi.
Somerset
NJ
11.5 mi.
Somerset
NJ
11.6 mi.
Somerset
NJ
11.6 mi.
Somerset
NJ
11.8 mi.
Somerset
NJ
12.2 mi.
Somerset
NJ
12.7 mi.
Somerset
NJ
12.7 mi.
Somerset
NJ
13.1 mi.
Somerset
NJ
15.8 mi.
Somerset
NJ
15.9 mi.
Somerset
NJ
16.4 mi.
Somerset
NJ
17.7 mi.

Renter Qualifications

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Peapack, NJ

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