Homes & Apartments for Rent in Red Bank, NJ

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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

Red Bank, NJ

As of June 2026, Red Bank's rental market is tenant-friendly, with extended leasing periods, prompting landlords to offer incentives or reduced pricing. Red Bank's average rent is 20.9% ($512) higher than the New Jersey average of $2,449 and 64.8% ($1,164) higher than the U.S. average of $1,797.

Average Rent
$2,961
Monthly ChangeMonth Over Month Change
Increased6.9% ($192)
Yearly ChangeYear Over Year Change
Decreased16.8% ($597)
Avg. Days on MarketAverage Days on Market
72
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $2,393 Increased8% ($178) Decreased15.8% ($448)
2 Beds $2,939 Increased7.6% ($208) Decreased18.9% ($687)
3 Beds $3,956 Increased5.1% ($191) Decreased26.2% ($1407)
Nearby Cities Average Rent Avg. Rent vs. Red BankAverage Rent vs. Red Bank Avg. Days on MarketAverage Days on Market
Long Branch $1,985 Decreased33% ($976) 72 days
Asbury Park $2,209 Decreased25.4% ($752) 73 days
Keyport $2,457 Decreased17% ($504) 72 days
Neptune $2,459 Decreased17% ($502) 73 days
Matawan $2,087 Decreased29.5% ($874) 72 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Red Bank Rental Market FAQs

Explore rental prices, market trends, and availability in Red Bank, NJ.

The average rent in Red Bank, NJ is $2,961 per month.
Homes in Red Bank typically rent for between $1,675 and $5,143 per month, with an average of $2,961 per month.
In Red Bank, the average rent for a 1-bedroom home is $2,393 per month, for a 2-bedroom home, $2,939 per month, and a 3-bedroom home is $3,956 per month.
The average rent in Red Bank is 64.8% ($1,164) higher than the national average of $1,797 per month.
The average rent in Red Bank has increased by 6.9% ($192) in the last month and decreased by 16.8% ($597) over the past year.
The rental market in Red Bank, NJ, is currently tenant-friendly, with extended leasing periods, prompting landlords to offer incentives or reduced pricing.
In Red Bank, 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 3 rental properties available in Red Bank, NJ.
Based on the current averages, a household would need an annual income of $117,560 to comfortably afford a 2-bedroom home in Red Bank.
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