New Jersey · Affordability

Renter Housing Cost Burden in New Jersey

Share of renter households paying 30% or more of income on gross rent, the federal affordability threshold.

52% in 2024

#37 of 50 · Bottom tier (lower is better)

New Jersey is worse than the 50-state median (49%). That's a gap of 2.8%.

View interactive chart & trend → See full 50-state ranking →

2005 – 2024 · New Jersey only · interactive chart with US median overlay →

About renter housing cost burden

What this measures: Share of renter households paying 30% or more of income on gross rent, the federal affordability threshold.

Why it matters: Cost-burdened renters have less to spend on food, healthcare, and savings, and are at higher risk of eviction during income shocks.

Watch out: The 30% threshold is a convention, not a hard cliff. Households just below 30% can still be stretched, especially in high-utility states.

Recent trend

YearNew JerseyUS median
201453%50%
201554%49%
201652%47%
201752%47%
201851%48%
201949%47%
202152%49%
202252%50%
202351%49%
202452%49%

New Jersey vs. neighboring states

Same metric (renter housing cost burden), latest year with full state coverage. Click any name for that state's full report.

StateRenter Housing Cost BurdenNational rank
New York 52% #34 of 50
Pennsylvania 49% #25 of 50
Delaware 50% #29 of 50

How New Jersey compares (2024)

Top 5 best

#1North Dakota3613%
#2Alaska4147%
#3South Dakota4190%
#4Montana4267%
#5Wyoming4288%

Bottom 5

#46Louisiana5414%
#47Hawaiʻi5496%
#48California5581%
#49Nevada5757%
#50Florida6207%

Source and methodology

Source: Census ACS · Direction: lower is better · Unit: %

Download raw CSV (all 50 states, all years)

Related Affordability metrics for New Jersey

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