Average Rent in Red Bank, NJ

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Current Versus Historical Red Bank, NJ Rents

Red Bank rentals average $2,550 for a 1-bedroom rental to $0 for a 3-bedroom rental. The median price of all currently available listings is $3,000, or roughly $3 per square feet.
For the apartment units and housing in April 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $8,267 (522.11%) year-over-year from $1,583 to $9,850. 1-bedroom rentals prices have decreased by $450 (-16.98%) year-over-year from $2,650 to $2,200. 2-bedroom rentals prices have increased by $318 (10.14%) year-over-year from $3,133 to $3,450. 3-bedroom rentals prices have increased by $1,008 (30.63%) year-over-year from $3,292 to $4,300. 4-bedroom rentals prices have decreased by $3,700 (-45.12%) year-over-year from $8,200 to $4,500. 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 up by 124.71% this month. 1-bedroom rents have gone down by 11.11% this month. 2-bedroom rents have gone up by 1.37% this month. 3-bedroom rents have gone up by 0.78% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $3.35 $2,200 $2,650 (-16.98%) $1,861 (18.23%)
2 BR $2.57 $3,450 $3,133 (10.14%) $2,567 (34.42%)

Historical Rents in Red Bank, NJ

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Red Bank



Let's compare Red Bank, NJ's rent against other top cities nearby by bedroom size.
City Studio 1 Bed 2 Bed All

Top Neighborhoods Near Red Bank



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Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Red Bank



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County Studio 1 Bed 2 Bed All

Top Zipcodes Near Red Bank



You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All

Frequently Asked Questions - Red Bank Average Rents

What is the average rent price in Red Bank, NJ?
The average monthly rental price for Red Bank, 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 Red Bank, 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 Red Bank, NJ.
How much is a studio apartment in Red Bank, NJ?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Red Bank.
How much is a one bedroom apartment in Red Bank, NJ?
The average monthly rental price for one bedroom apartments is $2,550 and an average price per square feet of $3.35. There are a total of 15 one bedroom apartment listings currently available for rent in Red Bank.
How much is a two bedroom apartment in Red Bank, NJ?
The average monthly rental price for two bedroom apartments is $3,375 and an average price per square feet of $2.57. There are a total of 22 two bedroom apartment listings currently available for rent in Red Bank.
How have rent prices in Red Bank, NJ changed this year?
Rent prices for rentals in Red Bank, NJ can fluctuate yearly. Specifically, studio rental prices have changed by 5.22%, one bedroom rental prices have changed by -0.17%, two bedroom rental prices have changed by 0.10%, and three bedroom rental prices have changed by 0.31% year-over-year.
What is a reasonable rent price in Red Bank, NJ?
A reasonable rent price in Red Bank, NJ is around $2,400/month. You can search for these reasonably priced rental listings on RentHop.
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