Average Rent and Costs in Red Bank, NJ

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There are currently active 60 listings advertised for rent in Red Bank, NJ. Red Bank rentals average $1,925 for a studio rental to $3,500 for a 3-bedroom rental. The median price of all currently available listings is $2,950, or roughly $29 per square feet.
For the apartment units and housing in January 2023, median rents have risen substantially over the last year. Studio rentals prices have decreased by $777 (-29.03%) year-over-year from $2,677 to $1,925. 1-bedroom rentals prices have increased by $535 (27.23%) year-over-year from $1,965 to $2,488. 2-bedroom rentals prices have increased by $1,388 (64.16%) year-over-year from $2,163 to $3,995. 3-bedroom rentals prices have decreased by $67 (-1.87%) year-over-year from $3,567 to $3,500. 4-bedroom rentals prices have increased by $4,938 (97.53%) year-over-year from $5,063 to $0. 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 75.22% this month. 1-bedroom rents have gone up by 5.63% this month. 2-bedroom rents have gone up by 8.12% this month. 3-bedroom rents have gone down by 2.10% this month. 4-bedroom rents have gone down by 0.00% this month.
Current Availabilities January 2023
Bedrooms     Rent Price / sqft     Whole Month Rent 1 Yr Ago Rent (% Change) 3 Yr Ago Rent (% Change)
Studio $1,925 $6 $1,900 $2,677 (-29.03%) $1,190 (59.66%)
1 BR $2,488 $37 $2,500 $1,965 (27.23%) $1,808 (38.25%)
2 BR $3,995 $29 $3,550 $2,163 (64.16%) $2,448 (45.00%)
3 BR $3,500 $27 $3,500 $3,567 (-1.87%) $2,558 (36.85%)

Historical Rents in Red Bank, NJ

Studio
1 Bedroom
2 Bedroom
3 Bedroom
4 Bedroom

Top Cities Near Red Bank

There are a total of 1 cities nearby Red Bank. The average rent in Red Bank is currently $3,000 per month. Our records show that Red Bank, NJ, with an average rent of $3,000, is the most affordable city nearby. In contrast, the most expensive city near Red Bank, NJ is Red Bank, NJ. Monthly rents here are on average $3,000 per month.

Let's compare Red Bank, NJ's rent against other top cities nearby by bedroom size. Typically, rent for studios in Red Bank, NJ is on par with the other cities nearby. One bedrooms are equivalent to other nearby cities' one bedroom rents. Two bedrooms in Red Bank, NJ are about 7.45% more expensive. Finally, rent for three bedrooms are on par with the other cities nearby. Want more information? Check out the top 1 cities near Red Bank, NJ in the following chart.
City Studio 1BR 2BR All
Red Bank, NJ $1,925 $2,488 $3,698 $3,000

Top Neighborhoods Near Red Bank



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

Top Counties Near Red Bank

County Studio 1BR 2BR All

Top Zipcodes Near Red Bank

Zipcode Studio 1BR 2BR All
07701, Fairview, NJ $1,925 $2,488 $3,400 $2,875
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