Average Rent in Asbury Park, NJ

Current Versus Historical Asbury Park, NJ Rents

Asbury Park rentals average $1,550 for a studio rental to $8,500 for a 4-bedroom rental. The median price of all currently available listings is $4,625, or roughly $54 per square feet.

For the apartment units and housing in June 2023, median rents have risen substantially over the last year. Studio rentals prices have decreased by $458 (-35.03%) year-over-year from $1,308 to $850. 1-bedroom rentals prices have increased by $457 (22.13%) year-over-year from $2,063 to $2,519. 2-bedroom rentals prices have increased by $2,262 (67.75%) year-over-year from $3,338 to $5,600. 3-bedroom rentals prices have decreased by $2,217 (-26.18%) year-over-year from $8,467 to $6,250. 4-bedroom rentals prices have decreased by $1,308 (-13.34%) year-over-year from $9,808 to $8,500. 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 23.88% this month. 1-bedroom rents have gone up by 7.66% this month. 2-bedroom rents have gone up by 9.09% this month. 3-bedroom rents have gone up by 10.95% this month. 4-bedroom rents have gone down by 18.01% this month.

Beds	Price / Sqft	Jun 2023 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$31	$850	$1,308 (-35.03%)	$1,408 (-39.64%)
1 BR	$48	$2,519	$2,063 (22.13%)	$1,748 (44.15%)
2 BR	$73	$5,600	$3,338 (67.75%)	$2,075 (169.88%)
3 BR	$59	$6,250	$8,467 (-26.18%)	$2,474 (152.61%)
4+ BR	$85	$8,500	$9,808 (-13.34%)	$7,583 (12.09%)

Historical Rents in Asbury Park, NJ

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Asbury Park

There are a total of 3 cities nearby Asbury Park. The average rent in Asbury Park is currently $4,000 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that Ocean Grove, NJ, with an average rent of $2,950, is the most affordable city nearby. In contrast, the most expensive city near Asbury Park, NJ is Asbury Park, NJ. Monthly rents here are on average $4,625 per month.

Let's compare Asbury Park, NJ's rent against other top cities nearby by bedroom size. Typically, rent for studios in Asbury Park, NJ is on par with the other cities nearby. One bedrooms are about 5.44% more expensive. Two bedrooms in Asbury Park, NJ are about 52.63% more expensive. Finally, rent for three bedrooms are about 47.37% more expensive. Want more information? Check out the top 3 cities near Asbury Park, NJ in the following chart.

City	Studio	1 Bed	2 Bed	All
Ocean Grove, NJ	$1,638	$1,650	$2,200	$2,950
Bradley Beach, NJ	N/A	$2,400	$3,790	$4,000
Asbury Park, NJ	$1,550	$2,538	$8,000	$4,625

Top Neighborhoods Near Asbury Park

View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Asbury Park

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

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near Asbury Park

There are a total of 2 zipcodes in or near Asbury Park, NJ. The average rent for all of these zipcodes is $3,450. A total of 2 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 $2,900 per month. In comparison, the zipcode with the most expensive average rent of $4,000 per month is 07720, Bradley Beach, NJ.

Studios in these zipcodes have an average rent of $819. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Asbury Park, NJ is $2,025 per month. Or in other words, $38 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,995 per month. Which comes out to $29 per sqft. The following chart includes the top 2 zipcodes in Asbury Park, NJ. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
07756, Ocean Grove, NJ	$1,638	$1,650	$2,200	$2,900
07720, Bradley Beach, NJ	N/A	$2,400	$3,790	$4,000

Frequently Asked Questions - Asbury Park Average Rents

What is the average rent price in Asbury Park, NJ?

The average monthly rental price for Asbury Park, NJ apartments for rent is approximately $4,625. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Asbury Park, 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 Asbury Park, NJ.

How much is a studio apartment in Asbury Park, NJ?

The average monthly rental price for studio apartments is $1,550 and an average price per square feet of $31.20. There are a total of 3 studio apartment listings currently available for rent in Asbury Park.

How much is a one bedroom apartment in Asbury Park, NJ?

The average monthly rental price for one bedroom apartments is $2,538 and an average price per square feet of $48.27. There are a total of 41 one bedroom apartment listings currently available for rent in Asbury Park.

How much is a two bedroom apartment in Asbury Park, NJ?

The average monthly rental price for two bedroom apartments is $8,000 and an average price per square feet of $73.28. There are a total of 21 two bedroom apartment listings currently available for rent in Asbury Park.

How have rent prices in Asbury Park, NJ changed this year?

Rent prices for rentals in Asbury Park, NJ can fluctuate yearly. Specifically, studio rental prices have changed by -0.35%, one bedroom rental prices have changed by 0.22%, two bedroom rental prices have changed by 0.68%, and three bedroom rental prices have changed by -0.26% year-over-year.

What is a reasonable rent price in Asbury Park, NJ?

A reasonable rent price in Asbury Park, NJ is around $3,700/month. You can search for these reasonably priced rental listings on RentHop.