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Average Rent in Somerset & Rent Trends

What is the average 2-bedroom rent in Somerset?

The average listed 2-bedroom apartment rent in Somerset is $2,724 per month, last observed October 17, 2026. This sample includes 54 priced apartments in 2 buildings. Current availability is not confirmed.

We use published total monthly rent when known and base rent otherwise. Unknown fees remain unknown. Included building observations run from October 3, 2026 through October 17, 2026. Buildings without a qualifying price do not count in this sample. The guide directory can include more buildings.

Rent prices and market trends across 2 apartment communities in Somerset, Somerset, NJ. Prices update after successful source checks.

Beds All Bedrooms Studio 1 Bed 2 Bed 3 Bed

Showing 2 bedrooms in Somerset.

Market Average

$2,724/mo

Lowest Listed

$1,899/mo

as of Oct 17

Communities

2

tracked daily

Units Listed

54

as of Oct 17

Rent Watch: cuts and increases

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See current options while we confirm new price comparisons. Filter by bedrooms and budget, then inspect each building’s history.

Somerset vs Somerset, NJ Average

Somerset is the same price as the Somerset, NJ average . The citywide average is $2,724/mo across all neighborhoods.

Is Rent Going Up or Down in Somerset?

As of October 2026, the average rent in Somerset is $2,724 per month across 2 apartment communities and 54 recently listed units.

The most affordable option is The Arbors at Franklin Apartments starting at $1,899/mo. By unit type, a 2-bedroom averages $2,724/mo.

Prices range from $1,899 to $4,349 per month. The most common price point is the $2,200 range, where 13 units were listed.

Rent Price Distribution

Rent by Bedroom Type in Somerset

2 Bed
$2,724
from $1,899 · 54 units

Rent Prices by Apartment in Somerset

Property Starting at Average Units Rating
The Arbors at Franklin Apartments $1,899/mo $1,899/mo 1 4
Douglass Gardens Apartments $2,099/mo $2,739/mo 53 3.8

Frequently Asked Questions About Rent in Somerset

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2 bedrooms

What is the average 2-bedroom rent in Somerset?
The average listed 2-bedroom apartment rent in Somerset is $2,724 per month, last observed October 17, 2026. This sample includes 54 priced apartments in 2 buildings. Current availability is not confirmed.

What rent range can I find in Somerset?
The 2-bedroom apartment listings we track in Somerset range from $1,899 to $4,349 per month, last verified October 17, 2026. These are the lowest and highest listed prices. They are not a typical price for every apartment. The building, floor plan, and lease terms can affect the price.

Are rents going up or down in Somerset?
There is not enough comparable history to report a reliable 30-day rent change for 2-bedroom apartment listings in Somerset. Missing dates or a change in the buildings we track can prevent a comparison. The chart uses recorded prices for 2-bedroom apartments with a known unit identity. It averages those prices within each building before comparing buildings. Missing history does not mean rents stayed flat.

How much is a 2-bedroom apartment in Somerset?
2-bedroom apartments average $2,724 per month across 54 priced listings in Somerset. Listed rents range from $1,899 to $4,349 per month, last verified October 17, 2026. Compare apartments with similar floor plans and lease terms.

Which tracked building has the lowest starting rent in Somerset?
The Arbors at Franklin Apartments has the lowest starting rent among the buildings in the comparison table, at $1,899 per month. We track 1 priced listing matching your bedroom choice in that building, last verified October 17, 2026. The starting price applies to its lowest-priced matching apartment. Check that apartment's latest price and availability.

Which rent range has the most listings in Somerset?
The $2,200 to $2,400 monthly range has the most matching listings: 13 units, or 24.1% of the priced apartments we track in Somerset. This count does not tell us how fast the apartments rent.

How many apartment listings do you track in Somerset?
We track 54 priced units at 2 apartment buildings, last verified October 17, 2026. These are 2-bedroom apartments. These are previously listed units. They are not a confirmed count of apartments available today.

How much rent history is available for Somerset?
We do not yet have enough accepted price records to draw a history chart for 2-bedroom apartment listings in Somerset. Current asking prices can appear before rent history is ready. We do not fill missing history with zero or with prices for a different bedroom count.

Why can the headline rent differ from the trend chart in Somerset?
The average at the top of the page gives each matching apartment equal weight. The chart first averages recorded prices within each building, then compares buildings. It removes the highest and lowest groups when at least ten buildings contribute and omits days with fewer than five buildings. Different dates, building counts, and listing mixes can produce different figures. The monthly table averages the recorded daily figures.

Does my bedroom choice change the prices and answers?
Yes. Your chosen area and bedroom count filter the asking rents, listing counts, rent ranges, and answers on this page. The active community exclusions are Student housing and 55+ / senior community and Corporate housing and Military / active duty housing and Veteran housing. When you choose a bedroom count, the history chart uses recorded prices for matching apartments with a known identity. If those records are missing, we leave the chart empty rather than use prices for other bedroom types. Open an individual apartment to check its own price history.

Do these rents include utilities, parking, and other fees?
We use the published total monthly rent when it is available and the base rent otherwise. Unknown fees are not zero. Utilities, parking, pet charges, deposits, and one-time costs can add to the amount you pay. Check the selected unit and lease terms for a complete quote.

How should I compare free-rent offers with listed rent?
A free-rent offer can reduce the effective cost over a lease without changing the listed monthly rent. Compare the same lease length and move-in date, then include required charges and the offer conditions. The market averages do not assume an unconfirmed discount.

Does this page represent every rental in the market?
These figures describe the priced apartment listings we track, not every rental home or every occupied apartment. Coverage and the mix of bedrooms, buildings, and locations can change. A lower market average does not prove that the same apartment received a price cut.

How fresh are the Somerset rent figures?
The listed prices were last verified October 17, 2026. They describe previously listed units, not confirmed availability today. Open the building and apartment details to check for a newer price.

What salary do I need to live comfortably in Somerset?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$109,000/year

Based on the 30 percent rule, using our tracked average rent of $2,724/mo.

Comfortable income

$131,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,899/mo), you need to earn at least $76,000/year.

Median household income in Somerset is $113,603 , about 13% below the comfortable-living threshold.

Explore Somerset Apartments

Browse all 2 communities with daily-updated pricing and availability.

Browse All Apartments Find Your Match

Cost of living in Somerset

Overall prices in Somerset runs above the national average by about 13% (BEA Regional Price Parity index 112.6, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Somerset's regional price parities.

Category Monthly estimate
Rent (market average) $2,724
Utilities $644
Groceries $585
Transportation $1,534
Healthcare $748
Other goods and services $1,197
Estimated total $7,432/mo

Population

23,851

Median household income

$113,603

Census median rent

$2,050/mo

Census rent burden

33.0%

Median age

40.9

Mean commute

34 min

Methodology

Rent data

We use listed asking rents and schedule daily data updates. Individual buildings can have different verification dates. Check the building or unit page for its latest price and availability.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

We estimate annual income by dividing annual rent by 30 percent for the affordability figure and 25 percent for the comfortable-income figure. These estimates are a guide, not a guarantee of rental approval.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.
New Jersey Rent Trends
Compare rent across all New Jersey cities
Explore Somerset, NJ on Map
See neighborhoods and rent data interactively
US-wide rent comparison
See how Somerset, NJ rents stack up against the national median

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