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Average Rent in 07756, Ocean Grove, NJ

Home  »  NJ  »  Ocean Grove  »  07756

Current Versus Historical 07756, Ocean Grove, NJ Rents

07756 rentals average $3,100 for a studio rental to $4,875 for a 4-bedroom rental. The median price of all currently available listings is $3,000, or roughly $2 per square feet.
For the apartment units and housing in April 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $138,767 (-97.88%) year-over-year from $141,767 to $3,000. 1-bedroom rentals prices have decreased by $533 (-22.61%) year-over-year from $2,358 to $1,825. 2-bedroom rentals prices have increased by $43 (1.76%) year-over-year from $2,457 to $2,500. 3-bedroom rentals prices have decreased by $267 (-7.92%) year-over-year from $3,367 to $3,100. 4-bedroom rentals prices have increased by $200 (5.26%) year-over-year from $3,800 to $4,000. 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 8.16% this month. 1-bedroom rents have gone down by 37.96% this month. 2-bedroom rents have gone up by 16.28% this month. 3-bedroom rents have gone down by 9.93% this month. 4-bedroom rents have gone down by 16.67% this month.
Beds
Price / Sqft
 Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $1.29 $3,000 $141,767 (-97.88%) $1,300 (130.77%)
1 BR $1.44 $1,825 $2,358 (-22.61%) $1,508 (20.99%)
2 BR $1.76 $2,500 $2,457 (1.76%) $4,333 (-42.31%)
3 BR $2.22 $3,100 $3,367 (-7.92%) $2,700 (14.81%)
4+ BR $1.96 $4,000 $3,800 (5.26%) $3,950 (1.27%)

Historical Rents in 07756, Ocean Grove, NJ

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 07756

There are a total of 3 cities nearby 07756. The average rent in 07756 is currently $4,000 per month. Only one city nearby has 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 07756, Ocean Grove, NJ is Asbury Park, NJ. Monthly rents here are on average $4,850 per month.

Let's compare 07756, Ocean Grove, NJ's rent against other top cities nearby by bedroom size. Typically, rent for studios in 07756, Ocean Grove, NJ is 20.97% more expensive than other cities nearby. One bedrooms are about 41.18% more affordable. Two bedrooms in 07756, Ocean Grove, NJ are about 71.51% more affordable. Finally, rent for three bedrooms are about 126.67% more affordable. Want more information? Check out the top 3 cities near 07756, Ocean Grove, 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
Asbury Park, NJ $2,450 $2,500 $6,000 $4,850

Top Neighborhoods Near 07756



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near 07756



We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All

Top Zipcodes Near 07756

There is one zipcode in or near 07756, Ocean Grove, NJ. The average rent for this zipcode is $4,000.

The following chart includes the zipcode in or near 07756, Ocean Grove, NJ. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
07720, Bradley Beach, NJ N/A $2,400 $3,988 $4,000

Frequently Asked Questions - 07756 Average Rents

What is the average rent price in 07756, Ocean Grove, NJ?
The average monthly rental price for 07756, Ocean Grove, NJ apartments for rent is approximately $3,000. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 07756, Ocean Grove, 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 07756, Ocean Grove, NJ.
How much is a studio apartment in 07756, Ocean Grove, NJ?
The average monthly rental price for studio apartments is $3,100 and an average price per square feet of $1.29. There are a total of 2 studio apartment listings currently available for rent in 07756.
How much is a one bedroom apartment in 07756, Ocean Grove, NJ?
The average monthly rental price for one bedroom apartments is $1,700 and an average price per square feet of $1.44. There are a total of 21 one bedroom apartment listings currently available for rent in 07756.
How much is a two bedroom apartment in 07756, Ocean Grove, NJ?
The average monthly rental price for two bedroom apartments is $2,325 and an average price per square feet of $1.76. There are a total of 20 two bedroom apartment listings currently available for rent in 07756.
How have rent prices in 07756, Ocean Grove, NJ changed this year?
Rent prices for rentals in 07756, Ocean Grove, NJ can fluctuate yearly. Specifically, studio rental prices have changed by -0.98%, one bedroom rental prices have changed by -0.23%, two bedroom rental prices have changed by 0.02%, and three bedroom rental prices have changed by -0.08% year-over-year.
What is a reasonable rent price in 07756, Ocean Grove, NJ?
A reasonable rent price in 07756, Ocean Grove, NJ is around $2,400/month. You can search for these reasonably priced rental listings on RentHop.
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