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

Ocean Grove, NJ

As of April 2026, Ocean Grove's rental market is tenant-friendly, with extended leasing periods, prompting landlords to offer incentives or reduced pricing. Ocean Grove's average rent is 30.9% ($753) higher than the New Jersey average of $2,436 and 78.4% ($1,401) higher than the U.S. average of $1,788.

Average Rent

$3,189

Monthly ChangeMonth Over Month Change

5.8% ($175)

Yearly ChangeYear Over Year Change

No change

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$2,293	6.7% ($143)	No change
2 Beds	$2,902	5.6% ($153)	No change
3 Beds	$4,316	4.2% ($174)	No change

Nearby Cities	Average Rent	Avg. Rent vs. Ocean GroveAverage Rent vs. Ocean Grove	Avg. Days on MarketAverage Days on Market
Bradley Beach	$2,475	22.4% ($714)	72 days
Neptune	$2,473	22.5% ($716)	73 days
Asbury Park	$2,298	27.9% ($891)	73 days
Belmar	$3,982	24.9% ($793)	72 days
Long Branch	$2,403	24.6% ($786)	72 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Ocean Grove Rental Market FAQs

Explore rental prices, market trends, and availability in Ocean Grove, NJ.

What is the average rent in Ocean Grove, NJ?

The average rent in Ocean Grove, NJ is $3,189 per month.

What is the rental price range for homes in Ocean Grove, NJ?

Homes in Ocean Grove typically rent for between $1,605 and $5,611 per month, with an average of $3,189 per month.

What is the average rent for different bedroom sizes in Ocean Grove, NJ?

In Ocean Grove, the average rent for a 1-bedroom home is $2,293 per month, for a 2-bedroom home, $2,902 per month, and a 3-bedroom home is $4,316 per month.

How do rent prices in Ocean Grove, NJ compare with the national average?

The average rent in Ocean Grove is 78.4% ($1,401) higher than the national average of $1,788 per month.

How competitive is the rental market in Ocean Grove, NJ?

The rental market in Ocean Grove, NJ, is currently tenant-friendly, with extended leasing periods, prompting landlords to offer incentives or reduced pricing.

How long do rentals stay on the market in Ocean Grove, NJ?

In Ocean Grove, NJ, the average rental stays on the market for approximately 72 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 Ocean Grove, NJ?

There are currently 4 rental properties available in Ocean Grove, NJ.

Can I afford to rent a home in Ocean Grove, NJ?

Based on the current averages, a household would need an annual income of $116,080 to comfortably afford a 2-bedroom home in Ocean Grove.