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Rental Market Trends in Asbury Park, NJ

What is the average rent in Asbury Park, NJ?

$1,909/month

Average Rent

755 Sq Ft

Average Apartment Size

+1%

Increase in the Last Year

Asbury Park, NJ Rental Market Overview

The average rent in Asbury Park, NJ is $1,909 per month. This is 16% higher than the national average rent price of $1,644/month, making Asbury Park one of the most expensive cities in the US.

  • Studio apartments in Asbury Park average $1,964 per month.
  • One-bedroom apartments in Asbury Park average $1,909 per month.
  • Two-bedroom apartments in Asbury Park average $2,769 per month.
  • Three-bedroom apartments in Asbury Park average $4,663 or more per month.

Data Updated: June, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,964/month
480 Sq Ft
One Bedroom
$1,909/month
755 Sq Ft
Two Bedroom
$2,769/month
1,065 Sq Ft
Three Bedroom
$4,663/month
593 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$6,418/month
1,382 Sq Ft
Four Bedroom
$10,036/month
1,769 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$13,360/month
1,258 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$3,543/month
996 Sq Ft
Three Bedroom
$5,785/month
1,210 Sq Ft

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

In the past year, rent has increased by 1%, which averages out to $19 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Asbury Park, NJ
Last Updated June 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
25% $1,501 - $2,000/month
58% Above $2,000/month

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

Because the average rent in Asbury Park is $1,909, you’ll want to make about $6,363 per month or $76,356 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

160 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

Nearby City Rent Trends

  • Ocean Grove Average Rent
  • Bradley Beach Average Rent
  • Neptune City Average Rent

Apartment communities in Asbury Park we think you'll love

Surfhouse Asbury Park

Surfhouse Asbury Park

1150 Kingsley St,
Asbury Park, NJ 07712

$2,750 - $10,155

Studio - 4 Beds

Munroe Towers

Munroe Towers

610 Sewall Ave,
Asbury Park, NJ 07712

$1,944 - $4,799

1-2 Beds

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 - $2,315

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 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.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity