Rental numbers for Warren County, NJ
The typical home here runs -$1,824 a month at 7.78% with 25% down. 0 of 2 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.7%.
- Gross yield
- 5.9%
- typical home, Zillow
- Median ZIP yield
- 6.7%
- 2 ZIPs with full data
- Cash flow
- -$1,824/mo
- at 7.78%, 25% down
- Typical price
- $426,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $2,075/mo
- Zillow ZORI, Aug 2026
ZIP codes in Warren County
9 with published figures
| 08865Phillipsburg | $344,000 | $2,013 | 7.0% | 2.2% | -$1,230 | +1.7% |
| 07840Hackettstown | $498,000 | $2,663 | 6.4% | 1.9% | -$1,906 | n/a |
| 07838Great Meadows | $487,000 | $2,600* | 6.4% | 2.1% | -$1,787 | n/a |
| 07863Oxford | $401,000 | $2,090* | 6.3% | 1.3% | -$1,733 | n/a |
| 08886Stewartsville | $517,000 | $2,560* | 5.9% | 1.6% | -$2,100 | n/a |
| 07832Columbia | $466,000 | $2,210* | 5.7% | 1.5% | -$1,930 | n/a |
| 07882Washington | $419,000 | $1,960* | 5.6% | 0.9% | -$1,935 | n/a |
| 07825Blairstown Township | $508,000 | $2,070* | 4.9% | 0.9% | -$2,379 | n/a |
| 07823Belvidere | $388,000 | $1,520* | 4.7% | 0.5% | -$1,929 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +1.9%
- Rent, 12 months
- +2.2%
- Rent minus price growth
- +0.3 pts
- Property tax
- 2.34%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $333,184 | $1,527 |
| Aug 2022 | $362,247 | $1,739 |
| Aug 2023 | $376,771 | $1,871 |
| Aug 2024 | $406,476 | $1,930 |
| Aug 2025 | $417,932 | $2,030 |
| Aug 2026 | $425,989 | $2,075 |
HUD Fair Market Rent
FY2027, Warren County, NJ HUD Metro FMR Area
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $1,614 | $1,624 | $2,021 | $2,478 | $2,937 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 9.3
- 424 units, last 12 months
- National percentile
- 69th
- among US counties
Tools
Test a listing in Warren County against today's rate.
Open the calculatorPart of the Allentown, PA metro.
Questions
- Is Warren County good for rental property?
- The typical home here runs -$1,824 a month at 7.78% with 25% down. 0 of 2 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.7%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Warren County?
- About 2.34% of value, from Census ACS median taxes paid over median home value. On a $426,000 home that is about $9,981 a year.
- What is Fair Market Rent in Warren County?
- HUD's FY2027 Fair Market Rent here is $1,624 for a 1-bedroom, $2,021 for a 2-bedroom and $2,478 for a 3-bedroom. Typical cash flow at today's rate is -$1,824 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.