Bernards renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Bernards is about $2,546 per month. This puts it in the 97th percentile compared to the state average cost of rent, which is $1,647. Households in Bernards have a median income of $11,552 per month so the average renter in Bernards is spending roughly 22% of their earnings on housing.
Nationally, and in Bernards, home values are the data point most closely correlated with the cost of rent. The median price of a home in Bernards is $317,089 right now, which is lower than nearby cities, meaning that rents in Bernards also tend to be lower versus these nearby cities.
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