Median Age
40 Years
Largest Age Group
35-44 Years
Approximately 16% of Residents
Under 20
23%
Over 65
18%
Area Guide
Avg Rent
$2,484
Population
12,485
Renter Mix
56% Rent
Red Bank sits along the Navesink River about an hour south of New York City, offering the kind of small-borough energy that punches well above its weight. Incorporated in 1908 and covering just three square miles, this Monmouth County community has built a reputation as one of the Shore region's most active cultural hubs. The historic Count Basie Center for the Arts anchors a downtown arts scene that draws performers and audiences from well beyond the borough limits, and the annual Red Bank Jazz and Blues Festival each June has become a regional tradition.
Broad Street and the surrounding downtown corridors make up the commercial and social core, lined with independent boutiques alongside nationally recognized names like Tiffany and Co. and Urban Outfitters. The borough's compact size means most errands and entertainment are within easy reach on foot or by bike, and NJ Transit rail service connects commuters directly to New York Penn Station. Neighborhoods range from tree-lined residential blocks close to the river to denser pockets near downtown.
The rental market reflects that geographic variety. Renters can choose from converted historic homes, classic mid-rise apartment communities, and newer construction with updated finishes. Whether you want a studio steps from downtown or a spacious multi-bedroom unit with river views, Red Bank delivers a well-rounded mix of options in a compact, well-connected setting.
Red Bank is home to a vibrant arts community, showcased in exhibits like the Detour Art Gallery.
Front entrance and sign at Riverside Gardens Park in Red Bank, New Jersey.
Red Bank buildings are often decorated with artistic murals.
Exceptional theater awaits at the Count Basie Center for the Arts and Two River Theater Company.
Downtown Red Bank has a vibrant feel.
Red Bank train station services beach tons to the south and NYC to the north.
Median Household Income
$86,446
Average: $120,908
Education
5,059
Residents Have a Degree
Job Market
6,812
Workers Employed
Median Age
40 Years
Largest Age Group
35-44 Years
Approximately 16% of Residents
Under 20
23%
Over 65
18%
Housing Distribution
Red Bank has more renters than homeowners.
Education Distribution
Review this city's overall education levels.
As of June 2026, the average apartment rent in Red Bank, NJ is $1,260 for a studio, $2,478 for one bedroom, $3,421 for two bedrooms, and $3,041 for three bedrooms. Apartment rent in Red Bank has increased by 1.0% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly Red Bank, NJ is for everyday living.
Very Walkable
Walkability
Good Public Transit
Transit
Very Drivable
Drivability
Fairly Bikeable
Bikeability
Public
Grades PK-5
302 Students
Public
Grades K-5
254 Students
Public
Grades K-8
601 Students
Public
Grades PK-5
591 Students
Public
Grades PK-8
192 Students
Public
Grades K-8
601 Students
Public
Grades PK-8
192 Students
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© 2026. All rights reserved.
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.