Waretown, New Jersey Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Waretown, New Jersey rental market.

Waretown, New Jersey

Average Apartment Rent

$2,171

Y-o-Y Change in Average
Apartment Rent

2.4%

As of May 2026

Compared to a year ago, Waretown, New Jersey apartments have recorded a 2.4% rent increase.

Waretown, New Jersey Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Waretown $2,001 $2,027 $2,063 $2,098 $2,110 $2,114 $2,155 $2,160 $2,159
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Waretown
National
Jul 2023
$2,001
$1,741
Nov 2023
$2,027
$1,732
Mar 2024
$2,063
$1,736
Jul 2024
$2,098
$1,756
Nov 2024
$2,110
$1,749
Mar 2025
$2,114
$1,755
Jul 2025
$2,155
$1,767
Nov 2025
$2,160
$1,753
Mar 2026
$2,159
$1,750

Waretown, New Jersey Average Apartment Rent

Waretown, New Jersey Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 36.25%, apartments priced $1,500 - $2,000 represent the bulk of Waretown, New Jersey rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 4.41%.

Waretown, New Jersey Housing tenure**

Renter occupied housing units 85
Owner occupied housing units 775

Renters take up 10% of Waretown, New Jersey real estate, occupying a total of 85 units, while homeowners live in 775 properties.

Median number of rooms of renter-occupied housing units**

4.9

Average household size of renter-occupied housing units**

2.49

Waretown, New Jersey Renter-occupied housing units by no. of bedrooms**

2 beds 68
3 beds 17

There are 68 rentals in Waretown, New Jersey with 2 beds making up the highest share of the market, at 80%. Units with 3 beds, on the other hand, hold the lowest percentage (20%), amounting to 17 units. Overall, the median number of rooms in Waretown, New Jersey homes for rent is 4.9.

Waretown, New Jersey Renter-occupied units by age of householder**

35 - 44 years 37
45 - 54 years 17
55 - 59 years 14
85 years and over 17

Most condos for rent in Waretown, New Jersey are occupied by residents in the 35 - 44 years age group (44%), followed by those in the 85 years and over age group (20%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 16%.

Waretown, New Jersey Renter-occupied housing units by family type**

Family households 85
Non-Family Households 0

Waretown, New Jersey Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 37
No related children of the householder under 18 48

A total of 85 apartments for rent in Waretown, New Jersey, or 100% of all rentals are family households. Additionally, 44% of rental homes include children under the age of 18 – that’s 37 units. All in all, the median size of a renter-occupied household in Waretown, New Jersey is 2.49.

Waretown, New Jersey Renter-occupied housing units by educational attainment**

High school graduate (including equivalency) 17
Some college or associate's degree 37
Bachelor's degree or higher 31

In terms of education, renters holding bachelor degrees or higher make up 36% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Waretown, New Jersey.

Waretown, New Jersey Renter-occupied units by year structure built**

Built 2020 or later 37
Built 1970 - 1979 14
Built 1960 - 1969 17
Built 1939 or earlier 17

The highest share of Waretown, New Jersey apartment rentals, namely 44% or 37 units, were Built 2020 or later, followed by those Built 1939 or earlier (20%, 17 units), and the ones Built 1960 - 1969 (20%, 17 units).

Waretown, New Jersey Renter-occupied units by year householder moved in**

Moved in 2021 or later 37
Moved in 2018 to 2020 17
Moved in 2010 to 2017 31

Median year renter moved into unit 2020

Most Waretown, New Jersey renters (44%) moved in 2021 or later, while only 20% of them moved in 2018 to 2020. Overall, the median year renters have occupied their Waretown, New Jersey condos for rent is 2020.

Waretown, New Jersey Renter-occupied housing units by vehicles available**

No vehicle available 14
1 or more vehicles available 71

When it comes to transportation options, 84% of Waretown, New Jersey renters have 1 or more vehicles available per household, while 16% of them have No vehicle available.

Waretown, New Jersey Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 54

When it comes to transportation options, 84% of Waretown, New Jersey renters have 1 or more vehicles available per household, while 16% of them have No vehicle available.

Waretown, New Jersey Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 107
Moved within same county 105

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 Waretown, New Jersey 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.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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