Average Rent in Ocean, NJ

Home  »  NJ  »  Ocean

Current Versus Historical Ocean, NJ Rents

Ocean rentals average $1,300 for a studio rental to $6,300 for a 4-bedroom rental. The median price of all currently available listings is $3,850, or roughly $3 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 decreased by $467 (-26.42%) year-over-year from $1,767 to $1,300. 1-bedroom rentals prices have increased by $17 (0.99%) year-over-year from $1,683 to $1,700. 2-bedroom rentals prices have increased by $167 (7.81%) year-over-year from $2,133 to $2,300. 3-bedroom rentals prices have increased by $434 (15.68%) year-over-year from $2,766 to $3,200. 4-bedroom rentals prices have increased by $1,458 (38.98%) year-over-year from $3,742 to $5,200. 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 8.24% this month. 1-bedroom rents have gone down by 2.86% this month. 2-bedroom rents have gone up by 2.22% this month. 3-bedroom rents have gone up by 4.92% this month. 4-bedroom rents have gone up by 25.81% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $4.51 $1,300 $1,767 (-26.42%) $1,079 (20.48%)
1 BR $2.25 $1,700 $1,683 (0.99%) $1,542 (10.27%)
2 BR $2.76 $2,300 $2,133 (7.81%) $1,692 (35.96%)
3 BR $2.44 $3,200 $2,766 (15.68%) $2,292 (39.64%)
4+ BR $2.80 $5,200 $3,742 (38.98%) $3,833 (35.65%)

Historical Rents in Ocean, NJ

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Ocean

There are a total of 27 cities nearby Ocean. The average rent in Ocean is currently $3,600 per month. A total of 15 cities nearby have an average rent lower than that. Our records show that Newark, NJ, with an average rent of $2,300, is the most affordable city nearby. In contrast, the most expensive city near Ocean, NJ is Margate City, NJ. Monthly rents here are on average $18,000 per month.

Let's compare Ocean, NJ's rent against other top cities nearby by bedroom size. Typically, rent for studios in Ocean, NJ is 30.77% more affordable than other cities nearby. One bedrooms are about 32.35% more affordable. Two bedrooms in Ocean, NJ are about 25.00% more affordable. Finally, rent for three bedrooms are about 28.57% more affordable. Want more information? Check out the top 10 cities out of 27 total cities near Ocean, 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
Long Branch, NJ N/A $3,075 $4,000 $4,250
Manasquan, NJ N/A $3,150 $3,850 $4,500
Point Pleasant Beach, NJ N/A $1,550 $2,500 $5,000
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 Ocean

There are a total of 52 neighborhoods in or near Ocean. Some of these neighborhoods include Washington Heights, Flatbush, and Bedford-Stuyvesant. We've included the top 30 neighborhoods out of 52 total neighborhoods in or near Ocean, NJ in the following chart.

The average rent for these 30 neighborhoods in or near Ocean, NJ is currently around $4,422 per month. A total of 20 neighborhoods have a lower average rent. Meaning, only ten neighborhoods have a higher average rent than $4,422. Interestingly, the neighborhoods' average rent is higher than Ocean's average rent, which is only $3,850. Out of all the neighborhoods in or near Ocean, Bay Ridge has the most affordable average rent at $2,650 per month. Whereas, at $13,500 average rent per month, Lower Chelsea is the most expensive neighborhood in or near Ocean. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Washington Heights, New York, NY $2,100 $2,373 $2,990 $3,170
Flatbush, New York, NY $2,800 $3,028 $3,350 $3,300
Bedford-Stuyvesant, New York, NY $2,420 $2,850 $3,150 $3,310
Harlem, New York, NY $2,595 $3,000 $3,300 $3,457
East Harlem, New York, NY $2,863 $3,000 $3,195 $3,495
Crown Heights, New York, NY $2,800 $2,769 $3,741 $3,500
Bushwick, New York, NY $2,650 $2,800 $3,400 $3,500
West Harlem, New York, NY $2,595 $2,900 $3,500 $3,538
Upper East Side, New York, NY $2,875 $3,500 $4,900 $4,000
Long Island City, New York, NY $3,323 $4,050 $5,891 $4,060
Downtown Brooklyn, New York, NY $3,380 $4,195 $5,765 $4,150
Prospect Heights, New York, NY $3,621 $4,425 $5,966 $4,278
Financial District, New York, NY $3,500 $4,514 $6,479 $4,360
Hell's Kitchen, New York, NY $3,500 $4,015 $6,200 $4,483
East Village, New York, NY $2,650 $3,600 $4,495 $4,495
Midtown East, New York, NY $3,575 $4,200 $5,595 $4,595
Murray Hill, New York, NY $3,545 $4,248 $6,500 $4,750
Williamsburg, New York, NY $3,574 $4,506 $4,750 $4,767
West Village, New York, NY $4,750 $4,700 $6,750 $4,795
Greenwich Village, New York, NY $3,975 $4,800 $5,075 $4,800
Kips Bay, New York, NY $3,800 $4,050 $5,310 $4,883
Upper West Side, New York, NY $3,218 $4,500 $6,887 $4,995
Hudson Yards, New York, NY $3,688 $4,490 $6,950 $5,000
Chelsea, New York, NY $3,868 $5,495 $7,915 $5,105
Lower East Side, New York, NY $3,300 $3,648 $4,498 $5,195
Midtown South, New York, NY $3,785 $5,000 $6,995 $5,245
NoMad, New York, NY $4,445 $5,601 $8,506 $5,651
Midtown, New York, NY $3,550 $4,400 $6,900 $6,000
Gramercy Park, New York, NY $3,815 $5,131 $5,312 $6,300
Tribeca, New York, NY $4,250 $6,000 $7,295 $6,895

Top Counties Near Ocean

There are a total of 52 counties located by Ocean, NJ. Some of these counties include Camden, NJ, Burlington, NJ, and Hudson, NJ. The average rent for rentals in these counties is $3,028. That's roughly around $3 per sqft. A total of 11 counties have a lower average rent. The county that is the most affordable is Camden, NJ. It's average rent per month is $1,950. Vice versa, with an average rent of $9,000, Atlantic, NJ is the most expensive county by Ocean, NJ.

Typically, rent for studios in Ocean, NJ is 68.04% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Ocean, NJ is 31.62% more affordable than other counties nearby. Finally, rent for two bedrooms in Ocean, NJ is 17.31% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Camden, NJ $1,300 $1,593 $1,850 $1,950
Burlington, NJ N/A $1,500 $2,100 $2,500
Hudson, NJ $2,450 $2,500 $2,700 $2,700
Middlesex, NJ $2,175 $1,900 $2,600 $2,800
Union, NJ $2,025 $1,925 $2,638 $2,800
Mercer, NJ N/A $1,773 $2,400 $2,906
Somerset, NJ N/A $1,995 $3,000 $3,225
Kings, New York, NY $3,483 $3,995 $4,000 $3,950
Monmouth, NJ $3,000 $2,400 $3,415 $4,000
Atlantic, NJ $10,250 $6,000 $3,075 $9,000

Top Zipcodes Near Ocean

There are a total of 50 zipcodes in or near Ocean, NJ. The average rent for all of these zipcodes is $4,495. A total of 12 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 $2,950 per month. In comparison, the zipcode with the most expensive average rent of $18,000 per month is 08402, Margate City, NJ.

Studios in these zipcodes have an average rent of $3,379. That's at least $7 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Ocean, NJ is $4,138 per month. Or in other words, $7 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,503 per month. Which comes out to $6 per sqft. The following chart includes the top 10 zipcodes in Ocean, NJ. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
10016, New York, NY $3,600 $4,190 $5,900 $4,600
10003, New York, NY $3,575 $4,800 $5,093 $5,050
10019, New York, NY $3,563 $4,195 $6,500 $4,750
10009, New York, NY $2,625 $3,600 $4,495 $4,495
10128, New York, NY $3,290 $3,700 $5,700 $3,950
10038, New York, NY $3,500 $4,514 $6,380 $4,485
10022, New York, NY $3,395 $4,500 $5,000 $4,500
10005, New York, NY $3,535 $4,583 $6,537 $4,334
10011, New York, NY $3,600 $5,850 $6,895 $4,595
10010, New York, NY $4,050 $4,812 $5,405 $5,395

Frequently Asked Questions - Ocean Average Rents

What is the average rent price in Ocean, NJ?
The average monthly rental price for Ocean, NJ apartments for rent is approximately $3,850. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Ocean, 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, NJ.
How much is a studio apartment in Ocean, NJ?
The average monthly rental price for studio apartments is $1,300 and an average price per square feet of $4.51. There are a total of 3 studio apartment listings currently available for rent in Ocean.
How much is a one bedroom apartment in Ocean, NJ?
The average monthly rental price for one bedroom apartments is $1,700 and an average price per square feet of $2.25. There are a total of 30 one bedroom apartment listings currently available for rent in Ocean.
How much is a two bedroom apartment in Ocean, NJ?
The average monthly rental price for two bedroom apartments is $2,400 and an average price per square feet of $2.76. There are a total of 124 two bedroom apartment listings currently available for rent in Ocean.
How have rent prices in Ocean, NJ changed this year?
Rent prices for rentals in Ocean, NJ can fluctuate yearly. Specifically, studio rental prices have changed by -0.26%, one bedroom rental prices have changed by 0.01%, two bedroom rental prices have changed by 0.08%, and three bedroom rental prices have changed by 0.16% year-over-year.
What is a reasonable rent price in Ocean, NJ?
A reasonable rent price in Ocean, NJ is around $3,080/month. You can search for these reasonably priced rental listings on RentHop.
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
© 2009 - 2024 RentHop.com™
Quantcast