New Jersey is known for its beaches along the Jersey Shore to some of the most iconic landmarks in the nation, such as the Liberty Bell, the Statue of Liberty, and Ellis Island. From the bustling streets of Newark to the picturesque shorelines of Cape May, New Jersey is a state unlike any other. Discover its dynamic culture and rich heritage by visiting iconic landmarks like Liberty State Park and the Ellis Island National Museum of Immigration. And for those seeking knowledge, New Jersey is home to renowned universities like Rutgers University and Princeton University.

Whether you're an outdoor enthusiast or a sports fan, New Jersey has plenty to offer, including the New York Giants (NFL), New York Jets (NFL), New Jersey Devils (NHL), and the New Jersey Nets (NBA). Enjoy the beautiful coastline by fishing, surfing, or sailing, and hit the slopes of nearby mountains. Make sure to visit famous attractions like the Atlantic City Boardwalk, the Camden Waterfront, and the historic town of Cape May.

A state that never stops moving, New Jersey is a melting pot of cultures, experiences, and opportunities waiting to be experienced, making it a great place to call home.

Rental Market Trends

Cape May County, NJ

As of May 2026, Cape May County's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Cape May County's average rent is 12.2% ($298) lower than the New Jersey average of $2,442 and 19.8% ($355) higher than the U.S. average of $1,789.

Average Rent

$2,144

Monthly ChangeMonth Over Month Change

1.2% ($26)

Yearly ChangeYear Over Year Change

29.7% ($491)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,775	8.2% ($158)	27% ($377)
2 Beds	$2,189	0.7% ($16)	22.7% ($405)
3 Beds	$3,018	3.8% ($110)	14.4% ($380)

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Cape May County Rental Market FAQs

Explore rental prices, market trends, and availability in Cape May County, NJ.

What is the average rent in Cape May County, NJ?

The average rent in Cape May County, NJ is $2,144 per month.

What is the rental price range for homes in Cape May County, NJ?

Homes in Cape May County typically rent for between $1,243 and $3,923 per month, with an average of $2,144 per month.

What is the average rent for different bedroom sizes in Cape May County, NJ?

In Cape May County, the average rent for a 1-bedroom home is $1,775 per month, for a 2-bedroom home, $2,189 per month, and a 3-bedroom home is $3,018 per month.

How do rent prices in Cape May County, NJ compare with the national average?

The average rent in Cape May County is 19.8% ($355) higher than the national average of $1,789 per month.

How have rent prices in Cape May County, NJ changed recently?

The average rent in Cape May County has increased by 1.2% ($26) in the last month and increased by 29.7% ($491) over the past year.

How competitive is the rental market in Cape May County, NJ?

The rental market in Cape May County, NJ, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Cape May County, NJ?

In Cape May County, NJ, the average rental stays on the market for approximately 38 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Cape May County, NJ?

There are currently 5 rental properties available in Cape May County, NJ.

Can I afford to rent a home in Cape May County, NJ?

Based on the current averages, a household would need an annual income of $87,560 to comfortably afford a 2-bedroom home in Cape May County.