Average Rent in 07712, Monmouth County, NJ

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Current Versus Historical 07712, Monmouth County, NJ Rents

07712 rentals average $2,450 for a studio rental to $6,125 for a 4-bedroom rental. The median price of all currently available listings is $4,250, or roughly $4 per square feet.
For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $929 (76.11%) year-over-year from $1,221 to $2,150. 1-bedroom rentals prices have increased by $46 (2.15%) year-over-year from $2,129 to $2,175. 2-bedroom rentals prices have decreased by $1,179 (-27.96%) year-over-year from $4,217 to $3,038. 3-bedroom rentals prices have increased by $3,283 (94.71%) year-over-year from $3,467 to $6,750. 4-bedroom rentals prices have decreased by $2,367 (-27.47%) year-over-year from $8,617 to $6,250. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 20.00% this month. 1-bedroom rents have gone up by 1.60% this month. 2-bedroom rents have gone down by 0.27% this month. 3-bedroom rents have gone up by 58.20% this month. 4-bedroom rents have gone up by 42.86% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $4.17 $2,150 $1,221 (76.11%) $1,254 (71.43%)
1 BR $4.70 $2,175 $2,129 (2.15%) $1,829 (18.91%)
2 BR $4.80 $3,038 $4,217 (-27.96%) $3,834 (-20.76%)
3 BR $3.70 $6,750 $3,467 (94.71%) $5,233 (28.98%)
4+ BR $2.45 $6,250 $8,617 (-27.47%) $12,167 (-48.63%)

Historical Rents in 07712, Monmouth County, NJ

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 07712

There are a total of 24 cities nearby 07712. The average rent in 07712 is currently $3,350 per month. A total of 17 cities nearby have an average rent lower than that. Our records show that Philadelphia, PA, with an average rent of $1,800, is the most affordable city nearby. In contrast, the most expensive city near 07712, Monmouth County, NJ is Spring Lake, NJ. Monthly rents here are on average $10,000 per month.

Let's compare 07712, Monmouth County, NJ's rent against other top cities nearby by bedroom size. Typically, rent for studios in 07712, Monmouth County, NJ is 71.94% more expensive than other cities nearby. One bedrooms are about 7.50% more expensive. Two bedrooms in 07712, Monmouth County, NJ are about 26.97% more expensive. Finally, rent for three bedrooms are about 8.33% more expensive. Want more information? Check out the top 10 cities out of 24 total cities near 07712, Monmouth County, NJ in the following chart.
City Studio 1 Bed 2 Bed All
Ocean Grove, NJ $3,100 $1,700 $2,325 $3,000
Bradley Beach, NJ N/A $2,400 $3,988 $4,000
West Long Branch, NJ N/A N/A $16,375 $4,050
Long Branch, NJ N/A $3,200 $4,000 $4,200
Asbury Park, NJ $2,450 $2,500 $6,000 $4,850
Oakhurst, NJ N/A N/A $2,750 $5,200
Manasquan, NJ N/A $11,500 $3,500 $5,500
Point Pleasant Beach, NJ N/A $1,500 $2,500 $5,750
Belmar, NJ N/A $2,375 $16,000 $6,000
Spring Lake, NJ N/A $12,750 $4,350 $10,000

Top Neighborhoods Near 07712

There are a total of 75 neighborhoods in or near 07712. Some of these neighborhoods include North Philadelphia East, North Philadelphia West, and Center City East. We've included the top 30 neighborhoods out of 75 total neighborhoods in or near 07712, Monmouth County, NJ in the following chart.

The average rent for these 30 neighborhoods in or near 07712, Monmouth County, NJ is currently around $3,400 per month. A total of 47 neighborhoods have a lower average rent. Out of all the neighborhoods in or near 07712, Germantown has the most affordable average rent at $1,463 per month. Whereas, at $7,725 average rent per month, SoHo is the most expensive neighborhood in or near 07712. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
North Philadelphia East, Philadelphia, PA $1,298 $1,400 $1,652 $1,650
North Philadelphia West, Philadelphia, PA $1,228 $1,420 $1,600 $1,651
Center City East, Philadelphia, PA $1,425 $1,900 $2,785 $2,095
Washington Heights, New York, NY $1,830 $2,474 $2,995 $3,100
Flatbush, New York, NY $2,695 $2,900 $3,200 $3,282
Bedford-Stuyvesant, New York, NY $2,388 $2,780 $3,000 $3,300
East Harlem, New York, NY $2,675 $3,000 $3,195 $3,300
Harlem, New York, NY $2,600 $3,000 $3,200 $3,400
West Harlem, New York, NY $2,650 $3,000 $3,400 $3,499
Bushwick, New York, NY $2,634 $2,850 $3,450 $3,500
Upper East Side, New York, NY $2,850 $3,700 $4,848 $3,997
Long Island City, New York, NY $3,300 $4,000 $5,885 $4,020
Financial District, New York, NY $3,504 $4,459 $6,405 $4,285
Prospect Heights, New York, NY $3,538 $4,405 $6,105 $4,300
East Village, New York, NY $2,673 $3,598 $4,495 $4,495
Midtown East, New York, NY $3,288 $4,200 $5,650 $4,500
Hell's Kitchen, New York, NY $3,462 $4,134 $5,995 $4,500
Murray Hill, New York, NY $3,550 $4,235 $6,595 $4,597
Lower East Side, New York, NY $3,173 $3,395 $4,495 $4,622
Williamsburg, New York, NY $3,640 $4,438 $4,650 $4,656
Kips Bay, New York, NY $3,788 $4,050 $5,078 $4,695
Upper West Side, New York, NY $3,023 $4,400 $5,800 $4,795
West Village, New York, NY $4,098 $4,595 $5,400 $4,800
Greenwich Village, New York, NY $4,150 $4,800 $5,310 $4,800
Hudson Yards, New York, NY $3,775 $4,690 $6,950 $5,068
Chelsea, New York, NY $3,800 $5,418 $7,651 $5,191
Midtown, New York, NY $3,550 $4,325 $6,850 $5,354
NoMad, New York, NY $4,444 $5,585 $8,060 $5,803
Gramercy Park, New York, NY $3,815 $5,000 $5,314 $6,100
Tribeca, New York, NY $4,250 $6,150 $7,295 $6,895

Top Counties Near 07712

There are a total of 75 counties located by 07712, Monmouth County, NJ. Some of these counties include Neptune, NJ, Ocean, NJ, and Bradley Beach, NJ. The average rent for rentals in these counties is $3,600. That's roughly around $3 per sqft. A total of 27 counties have a lower average rent. The county that is the most affordable is Philadelphia, PA. It's average rent per month is $1,800. Vice versa, with an average rent of $10,000, Spring Lake, NJ is the most expensive county by 07712, Monmouth County, NJ.

Typically, rent for studios in 07712, Monmouth County, NJ is 22.98% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 07712, Monmouth County, NJ is 2.80% more expensive than other counties nearby. Finally, rent for two bedrooms in 07712, Monmouth County, NJ is 26.06% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Neptune, NJ $3,100 $1,800 $2,500 $3,000
Ocean, NJ N/A $4,500 $3,000 $3,900
Bradley Beach, NJ N/A $2,400 $3,988 $4,000
West Long Branch, NJ N/A N/A $16,375 $4,050
Long Branch, NJ N/A $3,200 $4,000 $4,200
Asbury Park, NJ $2,450 $2,500 $6,000 $4,850
Manasquan, NJ N/A $11,500 $3,500 $5,500
Point Pleasant Beach, NJ N/A $1,500 $2,500 $5,750
Belmar, NJ N/A $2,375 $16,000 $6,000
Spring Lake, NJ N/A $12,750 $4,350 $10,000

Top Zipcodes Near 07712

There are a total of 50 zipcodes in or near 07712, Monmouth County, NJ. The average rent for all of these zipcodes is $4,250. A total of 26 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 19122, Philadelphia, PA at $1,720 per month. In comparison, the zipcode with the most expensive average rent of $7,095 per month is 10013, New York, NY.

Studios in these zipcodes have an average rent of $2,949. That's at least $7 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 07712, Monmouth County, NJ is $3,873 per month. Or in other words, $6 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,648 per month. Which comes out to $6 per sqft. The following chart includes the top 10 zipcodes in 07712, Monmouth County, NJ. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
10016, New York, NY $3,603 $4,231 $5,995 $4,658
10003, New York, NY $3,815 $4,800 $5,075 $4,950
10019, New York, NY $3,525 $4,140 $6,430 $4,700
10009, New York, NY $2,625 $3,600 $4,495 $4,495
10128, New York, NY $3,371 $3,750 $5,333 $3,946
10038, New York, NY $3,450 $4,500 $6,462 $4,373
10022, New York, NY $3,350 $4,325 $5,550 $4,500
10005, New York, NY $3,579 $4,432 $5,940 $4,295
10011, New York, NY $3,600 $5,500 $5,695 $4,795
10010, New York, NY $4,026 $4,325 $5,393 $5,260

Frequently Asked Questions - 07712 Average Rents

What is the average rent price in 07712, Monmouth County, NJ?
The average monthly rental price for 07712, Monmouth County, NJ apartments for rent is approximately $4,250. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 07712, Monmouth County, NJ rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 07712, Monmouth County, NJ.
How much is a studio apartment in 07712, Monmouth County, NJ?
The average monthly rental price for studio apartments is $2,450 and an average price per square feet of $4.17. There are a total of 5 studio apartment listings currently available for rent in 07712.
How much is a one bedroom apartment in 07712, Monmouth County, NJ?
The average monthly rental price for one bedroom apartments is $2,500 and an average price per square feet of $4.70. There are a total of 20 one bedroom apartment listings currently available for rent in 07712.
How much is a two bedroom apartment in 07712, Monmouth County, NJ?
The average monthly rental price for two bedroom apartments is $4,125 and an average price per square feet of $4.80. There are a total of 34 two bedroom apartment listings currently available for rent in 07712.
How have rent prices in 07712, Monmouth County, NJ changed this year?
Rent prices for rentals in 07712, Monmouth County, NJ can fluctuate yearly. Specifically, studio rental prices have changed by 0.76%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by -0.28%, and three bedroom rental prices have changed by 0.95% year-over-year.
What is a reasonable rent price in 07712, Monmouth County, NJ?
A reasonable rent price in 07712, Monmouth County, NJ is around $3,400/month. You can search for these reasonably priced rental listings on RentHop.
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