Average Rent in Neptune, NJ

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Current Versus Historical Neptune, NJ Rents

Neptune rentals average $3,000 for a studio rental to $4,500 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 $41,675 (-94.13%) year-over-year from $44,275 to $2,600. 1-bedroom rentals prices have decreased by $396 (-16.71%) year-over-year from $2,371 to $1,975. 2-bedroom rentals prices have decreased by $98 (-3.78%) year-over-year from $2,598 to $2,500. 3-bedroom rentals prices have decreased by $47 (-1.53%) year-over-year from $3,047 to $3,000. 4-bedroom rentals prices have increased by $617 (18.23%) year-over-year from $3,383 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 17.02% this month. 1-bedroom rents have gone down by 22.80% this month. 2-bedroom rents have gone up by 4.17% this month. 3-bedroom rents have gone down by 7.69% this month. 4-bedroom rents have gone down by 1.64% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $1.29 $2,600 $44,275 (-94.13%) $1,300 (100.00%)
1 BR $1.56 $1,975 $2,371 (-16.71%) $1,550 (27.42%)
2 BR $1.84 $2,500 $2,598 (-3.78%) $4,333 (-42.31%)
3 BR $1.90 $3,000 $3,047 (-1.53%) $2,548 (17.72%)
4+ BR $1.97 $4,000 $3,383 (18.23%) $3,582 (11.68%)

Historical Rents in Neptune, NJ

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Neptune

There are a total of 7 cities nearby Neptune. The average rent in Neptune is currently $4,050 per month. 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 Neptune, NJ is Spring Lake, NJ. Monthly rents here are on average $10,000 per month.

Let's compare Neptune, NJ's rent against other top cities nearby by bedroom size. One bedrooms are about 37.14% more affordable. Two bedrooms in Neptune, NJ are about 83.67% more affordable. Finally, rent for three bedrooms are about 66.67% more affordable. Want more information? Check out the top 7 cities near Neptune, NJ in the following chart.
City Studio 1 Bed 2 Bed All
Ocean Grove, NJ $3,000 $1,673 $2,200 $3,000
Asbury Park, NJ $2,575 $2,400 $3,350 $3,500
Bradley Beach, NJ N/A $2,400 $5,000 $4,000
West Long Branch, NJ N/A N/A $16,375 $4,050
Oakhurst, NJ N/A N/A N/A $5,375
Belmar, NJ N/A $2,500 $15,000 $6,000
Spring Lake, NJ N/A $5,250 $4,500 $10,000

Top Neighborhoods Near Neptune



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

Top Counties Near Neptune



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

Top Zipcodes Near Neptune

There are a total of 7 zipcodes in or near Neptune, NJ. The average rent for all of these zipcodes is $4,000.

The following chart includes the top 7 zipcodes in Neptune, NJ. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
07719, Monmouth County, NJ $7,500 $2,500 $14,250 $5,850
07756, Ocean Grove, NJ $3,000 $1,673 $2,200 $2,950
07755, Oakhurst, NJ N/A N/A $2,450 $3,638
07762, Spring Lake Heights, NJ N/A $3,750 $5,600 $7,500
07712, Monmouth County, NJ $2,575 $2,375 $3,200 $3,799
07720, Bradley Beach, NJ N/A $2,400 $5,000 $4,000
08750, Monmouth County, NJ N/A N/A N/A $11,000

Frequently Asked Questions - Neptune Average Rents

What is the average rent price in Neptune, NJ?
The average monthly rental price for Neptune, 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 Neptune, 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 Neptune, NJ.
How much is a studio apartment in Neptune, NJ?
The average monthly rental price for studio apartments is $3,000 and an average price per square feet of $1.29. There are a total of 3 studio apartment listings currently available for rent in Neptune.
How much is a one bedroom apartment in Neptune, NJ?
The average monthly rental price for one bedroom apartments is $1,750 and an average price per square feet of $1.56. There are a total of 24 one bedroom apartment listings currently available for rent in Neptune.
How much is a two bedroom apartment in Neptune, NJ?
The average monthly rental price for two bedroom apartments is $2,450 and an average price per square feet of $1.84. There are a total of 23 two bedroom apartment listings currently available for rent in Neptune.
How have rent prices in Neptune, NJ changed this year?
Rent prices for rentals in Neptune, NJ can fluctuate yearly. Specifically, studio rental prices have changed by -0.94%, one bedroom rental prices have changed by -0.17%, two bedroom rental prices have changed by -0.04%, and three bedroom rental prices have changed by -0.02% year-over-year.
What is a reasonable rent price in Neptune, NJ?
A reasonable rent price in Neptune, NJ is around $2,400/month. You can search for these reasonably priced rental listings on RentHop.
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