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Highest gross rent yields in New Jersey

Cumberland County leads New Jersey at 6.95% gross rent yield, on a median rent of $1,282 and a median home value of $221,400. Census median rent relative to Census median home value, ranked for long-term landlords.

Highest county yield
6.95%
Cumberland County
Median gross rent
$1,282
ACS B25064
Median home value
$221,400
ACS B25077
State yield
4.54%
State median rent and value

Counties ranked by gross rent yield

1Cumberland County$1,282$38$221,400$4,6746.95%
2Salem County$1,253$51$239,500$7,1706.28%
3Gloucester County$1,531$56$310,400$4,2455.92%
4Burlington County$1,745$30$354,000$3,0615.92%
5Camden County$1,402$20$287,100$3,6815.86%
6Atlantic County$1,376$35$295,000$5,1385.60%
7Ocean County$1,755$30$398,400$3,2845.29%
8Mercer County$1,623$34$377,700$6,1105.16%
9Sussex County$1,585$67$369,400$4,6065.15%
10Warren County$1,409$39$346,500$6,7454.88%
11Middlesex County$1,871$20$462,900$2,7104.85%
12Somerset County$2,033$52$552,100$7,3744.42%
13Passaic County$1,621$17$459,500$3,7364.23%
14Hudson County$1,894$17$539,700$11,1874.21%
15Union County$1,730$23$529,200$8,2583.92%
16Morris County$1,904$30$582,500$5,6403.92%
17Hunterdon County$1,687$51$517,200$12,8443.91%
18Cape May County$1,360$96$434,600$9,3043.76%
19Bergen County$1,914$21$623,000$4,3063.69%
20Monmouth County$1,827$30$606,100$5,5403.62%
21Essex County$1,531$19$524,100$11,1183.51%

Method

Gross rent yield equals Census median gross rent (ACS table B25064) times 12, divided by Census median home value (ACS table B25077). The percent shown is that ratio rounded half up to the nearest 0.01 percentage point. State rows use the state estimate. County rows use the county estimate. A place is left out when either median is missing or not positive. Margins of error are the ACS margins published for each median. Rank is the unrounded ratio, then the place name.

Source: U.S. Census Bureau American Community Survey 2024 5-year, tables B25064 and B25077, as of 2024-07-01 (data years 2020-2024), retrieved 2026-10-09, https://data.census.gov/table/ACSDT5Y2024.B25064.

Frequently asked questions

What is the highest gross rent yield in New Jersey?

Cumberland County at 6.95%. Median gross rent is $1,282 (margin of error $38). Median home value is $221,400 (margin of error $4,674).

What is the lowest gross rent yield in New Jersey?

Essex County at 3.51%. Median gross rent is $1,531 (margin of error $19). Median home value is $524,100 (margin of error $11,118).

What is the state-level gross rent yield in New Jersey?

4.54%. Median gross rent is $1,720 (margin of error $7). Median home value is $454,400 (margin of error $1,150).