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Rental Market Trends in Monmouth Junction, NJ

Updated August 2026

The average rent in Monmouth Junction, NJ is $1,930/month.

Rent in Monmouth Junction is 16% higher than the national average rent of $1,664/month, making this one of the more expensive cities statewide.

$1,930/month

Average Rent

869 Sq Ft

Average Size

-5.4%

Change / Year

80

Available Apartments

Monmouth Junction rent varies by unit size and layout:

  • Studio apartments in Monmouth Junction average per month.
  • One-bedroom apartments in Monmouth Junction average $1,930 per month.
  • Two-bedroom apartments in Monmouth Junction average $2,333 per month.
  • Three-bedroom apartments in Monmouth Junction average $2,480 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,930/month
869 Sq Ft
Two Bedroom
$2,333/month
1,095 Sq Ft
Three Bedroom
$2,480/month
1,289 Sq Ft
View Monmouth Junction Apartments

How much has average rent changed in Monmouth Junction, NJ?

In the past year, rent has decreased by 5.4%, which averages out to $103 less per month.

Market Trends Over Time

August 2026

2025 2026
Market Trends Over Time

Rent Ranges in Monmouth Junction, NJ

August 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Monmouth Junction, NJ
Percentage*
Rent Range
0% Below $700/month
20% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
80% Above $2,000/month

What salary do I need to live comfortably in Monmouth Junction, NJ?

Because the average rent in Monmouth Junction is $1,930, you’ll want to make about $6,433 per month or $77,196 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

Monmouth Junction, NJ

80 Available Apartments for Rent

Search for Nearby Apartments

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.

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Dayton

    Dayton

    Avg Rent: $1,810/month

  • Kendall Park

    Kendall Park

    Avg Rent: $2,087/month

  • Franklin Park

    Franklin Park

    Avg Rent: $2,464/month

  • Plainsboro

    Plainsboro

    Avg Rent: $2,064/month

  • Cranbury

    Cranbury

    Avg Rent: $1,322/month

Apartment Communities in Monmouth Junction We Think You'll Love

Royal Oaks and East Garden

Royal Oaks and East Garden

701 Royal Oaks Ct,
Monmouth Junction, NJ 08852

1-2 Beds | $1,799 - $2,609

Southridge Woods

Southridge Woods

113 Northumberland Way,
Monmouth Junction, NJ 08852

1-3 Beds | $1,995 - $2,550

Henderson Square

Henderson Square

211 Henderson Rd,
Monmouth Junction, NJ 08852

1-2 Beds | $1,850 - $2,250

Boulders at Beekman

Boulders at Beekman

307 Howell Ct,
Monmouth Junction, NJ 08852

2 Beds | $2,945

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Frequently Asked Questions

What is the average rent in Monmouth Junction?

The average rent in Monmouth Junction is $1,930 per month, which is 16.0% higher than the national average of $1,664.

Are rents going up or down in Monmouth Junction?

Rents in Monmouth Junction, NJ are decreasing, with prices down 5.4% year-over-year and $103 less per month.

What rent range is most common in Monmouth Junction?

In Monmouth Junction, NJ, 80% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

United States New Jersey Monmouth Junction 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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© 2026 CoStar Group, Inc.

Equal Housing Opportunity