Renter Resources
What Renters Must Photograph Before Moving In
Your landlord just gave you the keys. You're excited to move in, but one thing that could cost you hundreds later is not documenting what's already broken.
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What to Know About
Life in Red Bank & Beyond
Red Bank shares many of the great qualities that make New Jersey a desirable place to live.
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
Monmouth County, NJ
As of June 2025, Monmouth County's rental market is tenant-friendly, with extended leasing periods, prompting landlords to offer incentives or reduced pricing. Monmouth County's average rent is 0.9% ($22) higher than the New Jersey average of $2,454 and 38.8% ($692) higher than the U.S. average of $1,784.
Average Rent
$2,476
Monthly ChangeMonth Over Month Change
0.6% ($16)
Yearly ChangeYear Over Year Change
2.4% ($58)
Avg. Days on MarketAverage Days on Market
72
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $2,254 | 0.4% ($8) | 4.2% ($90) |
| 2 Beds | $2,735 | 0.9% ($24) | 1% ($27) |
| 3 Beds | $3,279 | 0.4% ($14) | 19.7% ($806) |
| Cities within Monmouth County | Average Rent | Avg. Rent vs. MonmouthAverage Rent vs. Monmouth County | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Asbury Park | $2,248 | 9.2% ($228) | 73 days |
| Long Branch | $2,197 | 11.3% ($279) | 72 days |
| Freehold | $2,749 | 11% ($273) | 73 days |
| Neptune | $2,762 | 11.6% ($286) | 73 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Monmouth County Rental Market FAQs
Explore rental prices, market trends, and availability in Monmouth County, NJ.
The average rent in Monmouth County, NJ is $2,476 per month.
Homes in Monmouth County typically rent for between $1,578 and $4,263 per month, with an average of $2,476 per month.
In Monmouth County, the average rent for a 1-bedroom home is $2,254 per month, for a 2-bedroom home, $2,735 per month, and a 3-bedroom home is $3,279 per month.
The average rent in Monmouth County is 38.8% ($692) higher than the national average of $1,784 per month.
The average rent in Monmouth County has decreased by 0.6% ($16) in the last month and increased by 2.4% ($58) over the past year.
The rental market in Monmouth County, NJ, is currently tenant-friendly, with extended leasing periods, prompting landlords to offer incentives or reduced pricing.
In Monmouth County, 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.
There are currently 100 rental properties available in Monmouth County, NJ.
Based on the current averages, a household would need an annual income of $109,400 to comfortably afford a 2-bedroom home in Monmouth County.
