Rent in Alloway, NJ
A 2-bedroom in Alloway, NJ (ZIP 08001) typically rents for about $1,600 a month, with a range of $1,600–$1,860. Owner-occupied homes in Salem County pay about 2.93% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,220 | $1,220–$1,438 | 1 |
| 1 bed | $1,330 | $1,330–$1,558 | 1 |
| 2 beds | $1,600 | $1,600–$1,860 | 1 |
| 3 beds | $2,020 | $2,020–$2,216 | 1 |
| 4 beds | $2,180 | $2,180–$2,445 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026) and HUD county Fair Market Rents (Oct 1, 2026).
Alloway ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Alloway, NJ?
- About $1,600 a month: the median of the typical rents in 1 ZIP code, which range from $1,600–$1,860. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Alloway, NJ?
- About $1,330 a month: the median of the typical rents in 1 ZIP code, which range from $1,330–$1,558. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Alloway, NJ?
- About $2,020 a month: the median of the typical rents in 1 ZIP code, which range from $2,020–$2,216. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Alloway, NJ?
- About $1,220 a month: the median of the typical rents in 1 ZIP code, which range from $1,220–$1,438. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Alloway, NJ?
- About $2,180 a month: the median of the typical rents in 1 ZIP code, which range from $2,180–$2,445. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Alloway, NJ?
- Owner-occupied homes in Salem County pay a typical 2.93% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Alloway rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026) and HUD county Fair Market Rents (Oct 1, 2026).