Rahway, NJ
Full City Profile · New Jersey · Union County County
3.4
/5.0
B
Good
29,748
Population
7,628/sq mi density
$90,852
Median Income
$43,613 per capita
$362,300
Home Value
$524,825 Zillow
$1,764
Median Rent
31.0% income on rent
55°F
Avg Temperature
271 sunny days/yr
106
Violent Crime/100K
522 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$90,852 median income, 4.9% unemployment
A
Affordability
4.4 / 5.0
$362,300 home value, $1,764/mo rent
F
Safety
1.0 / 5.0
106 violent crimes/100K
B+
Education
3.8 / 5.0
35.6% bachelor's degree or higher
Housing Overview
Median Home Value
$362,300
29% above
US avg: $281,900
Median Rent
$1,764/mo
52% above
US avg: $1,163/mo
Homeownership Rate
53.4%
18% below US avg (65.4%)
Total Housing Units
12,774
Median year built: 1961
Home Value by Source
Census Median
$362,300
Zillow (ZHVI)
$524,825
Median Sale Price
$577,500
Median List Price
$535,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
53.4%
Owner-Occupied
46.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent:
$1,764/mo
· Zillow rent:
$2,489/mo
Market Indicators (Redfin)
Median Days on Market
79 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
10
Price Drops
7.7%
of listings with price reduction
Price Per Sq Ft
$345
Active Inventory
52
homes for sale
Affordability & Housing Stock
Rent Burden
31.0%
of renters spending 30%+ of income on housing
0% below US avg (31.0%)
Median Year Built
1961
Average age of housing stock: 65 years
Homeownership Rate
53.4%
Complete Housing Data
Home Values
| Census Median Value | $362,300 |
| Zillow Home Value (ZHVI) | $524,825 |
| Median Sale Price | $577,500 |
| Median List Price | $535,000 |
| Price Per Sq Ft | $345 |
Rent
| Census Median Rent | $1,764 |
| Zillow Rent (ZORI) | $2,489 |
| FMR Studio | $1,599 |
| FMR 1-Bedroom | $1,759 |
| FMR 2-Bedroom | $2,132 |
| FMR 3-Bedroom | $2,658 |
| FMR 4-Bedroom | $3,005 |
Market
| Days on Market | 79 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 7.7% |
| Homes Sold | 10 |
| Active Inventory | 52 |
| Price Per Sq Ft | $345 |
Ownership & Stock
| Owner-Occupied | 53.4% |
| Renter-Occupied | 46.6% |
| Homeownership Rate | 53.4% |
| Total Housing Units | 12,774 |
| Median Year Built | 1961 |
| Rent Burden | 31.0% |
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