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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
53%
47%
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 Market79
Sale-to-List Ratio1.0%
Price Drops7.7%
Homes Sold10
Active Inventory52
Price Per Sq Ft$345

Ownership & Stock

Owner-Occupied53.4%
Renter-Occupied46.6%
Homeownership Rate53.4%
Total Housing Units12,774
Median Year Built1961
Rent Burden31.0%