Royal Oaks and East Garden
701 Royal Oaks Ct,
Monmouth Junction, NJ 08852
1-2 Beds | $1,915 - $2,599
Rental Market Trends in Monmouth Junction, NJ
What is the average rent in Monmouth Junction, NJ?
$2,061/month
Average Rent
907 Sq Ft
Average Apartment Size
+6.8%
Increase in the Last Year
As of June 2025, the average rent in Monmouth Junction, NJ is $2,061 per month. This is 27% higher than the national average rent price of $1,627/month, making Monmouth Junction one of the most expensive cities in the US. When you rent an apartment in Monmouth Junction, you can expect to pay about per month for a studio, $2,061 for a one-bedroom apartment, and around $2,685 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.
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How much has average rent changed in Monmouth Junction, NJ?
In the past year, rent has increased by 6.8%, which averages out to $141 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 2025
Legend
2024
2025
Rent Ranges in Monmouth Junction, NJ
Last Updated June 2025
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
0%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
100%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Monmouth Junction?
Based on current rent prices, Royal Oaks is the most affordable neighborhood in Monmouth Junction.
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Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Monmouth Junction?
Based on current rent prices, Royal Oaks is the most expensive neighborhood in Monmouth Junction.
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Average Rent
Average Sq Ft
Which Monmouth Junction neighborhoods have the most rentals available?
The neighborhood in Monmouth Junction with the most apartments available is Royal Oaks .
Neighborhood
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What salary do I need to live comfortably in Monmouth Junction, NJ?
Because the average rent in Monmouth Junction is $2,061, you’ll want to make about $6,870 per month or $82,440 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.
How does Monmouth Junction, NJ compare to other nearby cities and neighborhoods?
Use the tool below to compare Monmouth Junction, 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.
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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 2025.
* Percentages may not total 100 due to rounding.