Average Rent in Long Branch, NJ

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Current Versus Historical Long Branch, NJ Rents

Long Branch rentals average $1,550 for a studio rental to $4,500 for a 4-bedroom rental. The median price of all currently available listings is $4,200, or roughly $30 per square feet.
For the apartment units and housing in March 2023, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $250 (-13.89%) year-over-year from $1,800 to $1,550. 1-bedroom rentals prices have decreased by $567 (-22.08%) year-over-year from $2,567 to $2,000. 2-bedroom rentals prices have increased by $220 (5.23%) year-over-year from $4,200 to $4,420. 3-bedroom rentals prices have decreased by $2,308 (-36.59%) year-over-year from $6,308 to $4,000. 4-bedroom rentals prices have increased by $550 (11.11%) year-over-year from $4,950 to $5,500. 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 9.71% this month. 1-bedroom rents have gone down by 4.00% this month. 2-bedroom rents have gone up by 32.00% this month. 3-bedroom rents have gone down by 3.23% this month. 4-bedroom rents have gone up by 11.49% this month.
Beds
Price / Sqft
Mar 2023 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $22 $1,550 $1,800 (-13.89%) $3,406 (-54.50%)
1 BR $35 $2,000 $2,567 (-22.08%) $1,429 (39.94%)
2 BR $40 $4,420 $4,200 (5.23%) $2,233 (97.89%)
3 BR $31 $4,000 $6,308 (-36.59%) $6,532 (-38.76%)
4+ BR $22 $5,500 $4,950 (11.11%) $6,217 (-11.53%)

Historical Rents in Long Branch, NJ

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Long Branch

There are a total of 5 cities nearby Long Branch. The average rent in Long Branch is currently $5,500 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 $3,300, is the most affordable city nearby. In contrast, the most expensive city near Long Branch, NJ is Bradley Beach, NJ. Monthly rents here are on average $5,900 per month.

Let's compare Long Branch, NJ's rent against other top cities nearby by bedroom size. One bedrooms are about 12.50% more expensive. Two bedrooms in Long Branch, NJ are about 61.11% more affordable. Finally, rent for three bedrooms are about 15.79% more expensive. Want more information? Check out the top 5 cities near Long Branch, NJ in the following chart.
City Studio 1 Bed 2 Bed All
Ocean Grove, NJ $4,000 $1,750 $2,350 $3,300
Asbury Park, NJ $1,650 $2,050 $7,250 $3,625
West Long Branch, NJ N/A N/A N/A $5,500
Oakhurst, NJ N/A N/A $18,000 $5,900
Bradley Beach, NJ N/A $2,000 $8,500 $5,900

Top Neighborhoods Near Long Branch



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

Top Counties Near Long Branch



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

Top Zipcodes Near Long Branch

There are a total of 5 zipcodes in or near Long Branch, NJ. The average rent for all of these zipcodes is $4,200. A total of 3 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 $3,275 per month. In comparison, the zipcode with the most expensive average rent of $5,900 per month is 07720, Bradley Beach, NJ.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Long Branch, NJ is $1,750 per month. Or in other words, $16 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,050 per month. Which comes out to $40 per sqft. The following chart includes the top 5 zipcodes in Long Branch, NJ. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
07740, Long Branch, NJ $1,550 $2,000 $4,500 $4,200
07755, Oakhurst, NJ N/A N/A $4,050 $3,950
07756, Ocean Grove, NJ $4,000 $1,750 $2,350 $3,275
07720, Bradley Beach, NJ N/A $2,000 $8,500 $5,900
07764, West Long Branch, NJ N/A N/A N/A $5,500

Frequently Asked Questions - Long Branch Average Rents

What is the average rent price in Long Branch, NJ?
The average monthly rental price for 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 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 Long Branch, NJ.
How much is a studio apartment in Long Branch, NJ?
The average monthly rental price for studio apartments is $1,550 and an average price per square feet of $21.81. There are a total of 3 studio apartment listings currently available for rent in Long Branch.
How much is a one bedroom apartment in Long Branch, NJ?
The average monthly rental price for one bedroom apartments is $2,000 and an average price per square feet of $35.34. There are a total of 34 one bedroom apartment listings currently available for rent in Long Branch.
How much is a two bedroom apartment in Long Branch, NJ?
The average monthly rental price for two bedroom apartments is $4,500 and an average price per square feet of $40.31. There are a total of 73 two bedroom apartment listings currently available for rent in Long Branch.
How have rent prices in Long Branch, NJ changed this year?
Rent prices for rentals in Long Branch, NJ can fluctuate yearly. Specifically, studio rental prices have changed by -0.14%, one bedroom rental prices have changed by -0.22%, two bedroom rental prices have changed by 0.05%, and three bedroom rental prices have changed by -0.37% year-over-year.
What is a reasonable rent price in Long Branch, NJ?
A reasonable rent price in Long Branch, NJ is around $3,360/month. You can search for these reasonably priced rental listings on RentHop.
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