Valor Pointe
210 Cranbury Half Acre Rd,
Monroe Township, NJ 08831
2-3 Beds | $900 - $2,180
Rental Market Trends in Monroe Township, NJ
What is the average rent in Monroe Township, NJ?
$1,968/month
Average Rent
720 Sq Ft
Average Apartment Size
+0%
Increase in the Last Year
As of June 2025, the average rent in Monroe Township, NJ is $1,968 per month. This is 21% higher than the national average rent price of $1,628/month, making Monroe Township one of the most expensive cities in the US. When you rent an apartment in Monroe Township, you can expect to pay about per month for a studio, $1,968 for a one-bedroom apartment, and around $3,147 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,909 or more.
Floor Plan Type
Average Rent
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Floor Plan Type
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Floor Plan Type
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Average Sq Ft
Floor Plan Type
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How much has average rent changed in Monroe Township, NJ?
In the past year, rent has increased by 0%, which averages out to $1 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 Monroe Township, 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 Monroe Township?
Based on current rent prices, The Ponds at Clearbrook is the most affordable neighborhood in Monroe Township.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Monroe Township?
Based on current rent prices, The Ponds at Clearbrook is the most expensive neighborhood in Monroe Township.
Neighborhood
Average Rent
Average Sq Ft
Which Monroe Township neighborhoods have the most rentals available?
The neighborhood in Monroe Township with the most apartments available is The Ponds at Clearbrook .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Monroe Township, NJ?
Because the average rent in Monroe Township is $1,968, you’ll want to make about $6,560 per month or $78,720 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 Monroe Township, NJ compare to other nearby cities and neighborhoods?
Use the tool below to compare Monroe Township, 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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Nearby City Rent Trends
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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.