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Average Rent in Asbury Park, NJ

Home  »  NJ  »  Asbury Park  »  Asbury Park

Current Versus Historical Asbury Park, NJ Rents

Asbury Park rentals average $2,575 for a studio rental to $5,625 for a 4-bedroom rental. The median price of all currently available listings is $3,799, 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 $392 (30.52%) year-over-year from $1,283 to $1,675. 1-bedroom rentals prices have increased by $75 (3.53%) year-over-year from $2,125 to $2,200. 2-bedroom rentals prices have decreased by $950 (-22.89%) year-over-year from $4,150 to $3,200. 3-bedroom rentals prices have increased by $2,517 (51.54%) year-over-year from $4,883 to $7,400. 4-bedroom rentals prices have decreased by $5,098 (-57.72%) year-over-year from $8,833 to $3,735. 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 2.55% this month. 1-bedroom rents have gone up by 2.37% this month. 2-bedroom rents have gone up by 5.50% this month. 3-bedroom rents have gone up by 62.64% this month. 4-bedroom rents have gone up by 6.87% this month.
Beds
Price / Sqft
 Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.96 $1,675 $1,283 (30.52%) $1,254 (33.55%)
1 BR $4.49 $2,200 $2,125 (3.53%) $1,829 (20.27%)
2 BR $3.49 $3,200 $4,150 (-22.89%) $4,134 (-22.59%)
3 BR $4.67 $7,400 $4,883 (51.54%) $4,975 (48.75%)
4+ BR $2.37 $3,735 $8,833 (-57.72%) $8,313 (-55.07%)

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 $3,799 per month. A total of 2 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 Asbury Park, NJ is Bradley Beach, NJ. Monthly rents here are on average $4,000 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 2.04% more expensive. Two bedrooms in Asbury Park, NJ are on par with the other cities nearby. Finally, rent for three bedrooms are about 3.70% 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 $3,000 $1,650 $2,200 $3,000
Asbury Park, NJ $2,575 $2,450 $3,925 $3,799
Bradley Beach, NJ N/A $2,400 $5,000 $4,000

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 $3,500.

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 $3,000 $1,650 $2,200 $3,000
07720, Bradley Beach, NJ N/A $2,400 $5,000 $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 $3,799. 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 $2,575 and an average price per square feet of $3.96. There are a total of 4 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 $2,450 and an average price per square feet of $4.49. There are a total of 18 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 $3,925 and an average price per square feet of $3.49. There are a total of 28 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 0.31%, one bedroom rental prices have changed by 0.04%, two bedroom rental prices have changed by -0.23%, and three bedroom rental prices have changed by 0.52% year-over-year.
What is a reasonable rent price in Asbury Park, NJ?
A reasonable rent price in Asbury Park, NJ is around $3,039/month. You can search for these reasonably priced rental listings on RentHop.
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