Average Rent in 07740, Long Branch, NJ

Current Versus Historical 07740, Long Branch, NJ Rents

07740 rentals average $3,143 for a 1-bedroom rental to $4,900 for a 4-bedroom rental. The median price of all currently available listings is $4,200, or roughly $3 per square feet.

For the apartment units and housing in April 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $242 (-12.78%) year-over-year from $1,892 to $1,650. 1-bedroom rentals prices have increased by $1,035 (51.36%) year-over-year from $2,015 to $3,050. 2-bedroom rentals prices have increased by $58 (1.49%) year-over-year from $3,892 to $3,950. 3-bedroom rentals prices have decreased by $1,108 (-11.69%) year-over-year from $9,483 to $8,375. 4-bedroom rentals prices have decreased by $3,483 (-25.83%) year-over-year from $13,483 to $10,000. 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 down by 32.08% this month. 1-bedroom rents have gone up by 12.96% this month. 2-bedroom rents have gone up by 12.01% this month. 3-bedroom rents have gone down by 57.97% this month. 4-bedroom rents have gone down by 24.05% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$3.10	$3,050	$2,015 (51.36%)	$2,367 (28.87%)
2 BR	$3.10	$3,950	$3,892 (1.49%)	$3,308 (19.40%)
3 BR	$3.50	$8,375	$9,483 (-11.69%)	$6,767 (23.77%)
4+ BR	$1.94	$10,000	$13,483 (-25.83%)	$21,083 (-52.57%)

Historical Rents in 07740, Long Branch, NJ

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 07740

There are a total of 6 cities nearby 07740. The average rent in 07740 is currently $4,025 per month. A total of 5 cities nearby have an average rent lower than that. Our records show that Ocean Grove, NJ, with an average rent of $3,000, is the most affordable city nearby. In contrast, the most expensive city near 07740, Long Branch, NJ is Oakhurst, NJ. Monthly rents here are on average $5,250 per month.

Let's compare 07740, Long Branch, NJ's rent against other top cities nearby by bedroom size. One bedrooms are about 35.56% more expensive. Two bedrooms in 07740, Long Branch, NJ are about 0.16% more expensive. Finally, rent for three bedrooms are about 14.20% more expensive. Want more information? Check out the top 6 cities near 07740, Long Branch, NJ in the following chart.

City	Studio	1 Bed	2 Bed	All
Ocean Grove, NJ	$3,000	$1,650	$2,325	$3,000
Asbury Park, NJ	$2,575	$2,450	$4,900	$3,970
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	$3,143	$4,000	$4,200
Oakhurst, NJ	N/A	N/A	N/A	$5,250

Top Neighborhoods Near 07740

View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near 07740

We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near 07740

There are a total of 4 zipcodes in or near 07740, Long Branch, NJ. The average rent for all of these zipcodes is $3,813. A total of 4 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 07756, Ocean Grove, NJ at $3,000 per month. In comparison, the zipcode with the most expensive average rent of $4,050 per month is 07764, West Long Branch, NJ.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 07740, Long Branch, NJ is $825 per month. Or in other words, $1 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,219 per month. Which comes out to $3 per sqft. The following chart includes the top 4 zipcodes in 07740, Long Branch, NJ. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
07755, Oakhurst, NJ	N/A	N/A	$2,450	$3,625
07756, Ocean Grove, NJ	$3,000	$1,650	$2,325	$3,000
07720, Bradley Beach, NJ	N/A	$2,400	$3,988	$4,000
07764, West Long Branch, NJ	N/A	N/A	$16,375	$4,050

Frequently Asked Questions - 07740 Average Rents

What is the average rent price in 07740, Long Branch, NJ?

The average monthly rental price for 07740, Long Branch, NJ apartments for rent is approximately $4,200. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 07740, Long Branch, 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 07740, Long Branch, NJ.

How much is a studio apartment in 07740, Long Branch, NJ?

The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in 07740.

How much is a one bedroom apartment in 07740, Long Branch, NJ?

The average monthly rental price for one bedroom apartments is $3,143 and an average price per square feet of $3.10. There are a total of 36 one bedroom apartment listings currently available for rent in 07740.

How much is a two bedroom apartment in 07740, Long Branch, NJ?

The average monthly rental price for two bedroom apartments is $4,000 and an average price per square feet of $3.10. There are a total of 84 two bedroom apartment listings currently available for rent in 07740.

How have rent prices in 07740, Long Branch, NJ changed this year?

Rent prices for rentals in 07740, Long Branch, NJ can fluctuate yearly. Specifically, studio rental prices have changed by -0.13%, one bedroom rental prices have changed by 0.51%, two bedroom rental prices have changed by 0.01%, and three bedroom rental prices have changed by -0.12% year-over-year.

What is a reasonable rent price in 07740, Long Branch, NJ?

A reasonable rent price in 07740, Long Branch, NJ is around $3,360/month. You can search for these reasonably priced rental listings on RentHop.