Average Rent in Ocean Grove, NJ

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Current Versus Historical Ocean Grove, NJ Rents

Ocean Grove rentals average $1,750 for a 1-bedroom rental to $5,500 for a 4-bedroom rental. The median price of all currently available listings is $3,000.

For the apartment units and housing in June 2026, median rents have fallen substantially over the last year. Studio rentals prices have increased by $80 (5.26%) year-over-year from $1,520 to $1,600. 1-bedroom rentals prices have decreased by $217 (-11.02%) year-over-year from $1,967 to $1,750. 2-bedroom rentals prices have decreased by $933 (-27.18%) year-over-year from $3,433 to $2,500. 3-bedroom rentals prices have increased by $275 (10.09%) year-over-year from $2,725 to $3,000. 4-bedroom rentals prices have decreased by $8,550 (-60.85%) year-over-year from $14,050 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 0.00% this month. 1-bedroom rents have gone down by 7.89% this month. 2-bedroom rents have gone down by 1.32% this month. 3-bedroom rents have gone down by 13.88% this month. 4-bedroom rents have gone up by 8.73% this month.

Beds	Price / Sqft	Jun 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	N/A	$1,750	$1,967 (-11.02%)	$2,358 (-25.80%)
2 BR	N/A	$2,500	$3,433 (-27.18%)	$2,457 (1.76%)
3 BR	N/A	$3,000	$2,725 (10.09%)	$2,738 (9.59%)
4+ BR	N/A	$5,500	$14,050 (-60.85%)	$3,753 (46.56%)

Historical Rents in Ocean Grove, NJ

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Ocean Grove

There are a total of 1 cities nearby Ocean Grove. The average rent in Ocean Grove is currently $3,950 per month. Our records show that Asbury Park, NJ, with an average rent of $3,950, is the most affordable city nearby. In contrast, the most expensive city near Ocean Grove, NJ is Asbury Park, NJ. Monthly rents here are on average $3,950 per month.

Let's compare Ocean Grove, NJ's rent against other top cities nearby by bedroom size. One bedrooms are about 91.43% more affordable. Two bedrooms in Ocean Grove, NJ are about 58.00% more affordable. Finally, rent for three bedrooms are about 101.85% more affordable. Want more information? Check out the top 1 cities near Ocean Grove, NJ in the following table.

City	Studio	1 Bed	2 Bed	All
Asbury Park, NJ	$2,700	$3,350	$3,950	$3,950

Top Neighborhoods Near Ocean Grove

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Ocean Grove

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near Ocean Grove

Zipcode	Studio	1 Bed	2 Bed	All

Frequently Asked Questions - Ocean Grove Average Rents

What is the average rent price in Ocean Grove, NJ?

The average monthly rental price for 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 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 Ocean Grove, NJ.

How much is a one bedroom apartment in Ocean Grove, NJ?

The average monthly rental price for one bedroom apartments is $1,750. There are a total of 14 one bedroom apartment listings currently available for rent in Ocean Grove.

How much is a two bedroom apartment in Ocean Grove, NJ?

The average monthly rental price for two bedroom apartments is $2,500. There are a total of 15 two bedroom apartment listings currently available for rent in Ocean Grove.

How have rent prices in Ocean Grove, NJ changed this year?

Rent prices for rentals in Ocean Grove, NJ can fluctuate yearly. Specifically, studio rental prices have changed by 0.05%, one bedroom rental prices have changed by -0.11%, two bedroom rental prices have changed by -0.27%, three bedroom rental prices have changed by 0.10% year-over-year.

What is a reasonable rent price in Ocean Grove, NJ?

A reasonable rent price in Ocean Grove, NJ is around $2,400/month. You can search for these reasonably priced rental listings on RentHop.