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Rental Market Trends in Asbury Park, NJ

What is the average rent in Asbury Park, NJ?

$1,866/month

Average Rent

760 Sq Ft

Average Apartment Size

-0.4%

Decrease in the Last Year

As of March 2026, the average rent in Asbury Park, NJ is $1,866 per month. For comparison, the national average rent price in the US is currently $1,626/month, which means Asbury Park rent prices are 15% higher than the national average. When you rent an apartment in Asbury Park, you can expect to pay about $1,975 per month for a studio, $1,866 for a one-bedroom apartment, and around $2,733 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,679 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,975/month
481 Sq Ft
One Bedroom
$1,866/month
760 Sq Ft
Two Bedroom
$2,733/month
1,065 Sq Ft
Three Bedroom
$4,679/month
593 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$4,510/month
1,324 Sq Ft
Four Bedroom
$8,308/month
1,738 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$3,750/month
280 Sq Ft
Two Bedroom
$13,620/month
582 Sq Ft
Three Bedroom
$17,707/month
1,400 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,540/month
1,786 Sq Ft
Two Bedroom
$2,828/month
612 Sq Ft
Three Bedroom
$5,042/month
1,244 Sq Ft

How much has average rent changed in Asbury Park, NJ?

In the past year, rent has decreased by 0.4%, which averages out to $7 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Asbury Park, NJ
Last Updated March 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Asbury Park, NJ
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
17% $1,001 - $1,500/month
21% $1,501 - $2,000/month
62% Above $2,000/month

What salary do I need to live comfortably in Asbury Park, NJ?

Because the average rent in Asbury Park is $1,866, you’ll want to make about $6,220 per month or $74,640 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Asbury Park, NJ

246 Available Apartments for Rent

Search for Nearby Apartments

How does Asbury Park, NJ compare to other nearby cities and neighborhoods?

Use the tool below to compare Asbury Park, NJ to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Asbury Park, NJ

Apartment Averages

Apartment communities in Asbury Park we think you'll love

Surfhouse Asbury Park

Surfhouse Asbury Park

1150 Kingsley St,
Asbury Park, NJ 07712

$3,095 - $13,850

Studio - 4 Beds

Munroe Towers

Munroe Towers

610 Sewall Ave,
Asbury Park, NJ 07712

$1,868 - $3,823

1 Bed

200 Deal Lake Drive

200 Deal Lake Drive

200 Deal Lake Dr,
Asbury Park, NJ 07712

$1,700 - $2,500

Studio - 2 Beds

Middlebrook at Monmouth

Middlebrook at Monmouth

816 Deal Rd,
Asbury Park, NJ 07712

$1,695 - $2,015

1-2 Beds

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United States New Jersey Asbury Park Rental Trends

Methodology

† 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 February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity