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Rental Market Trends in Ocean Grove, NJ

Updated July 2026

The average rent in Ocean Grove, NJ is $1,468/month.

Rent in Ocean Grove is roughly equal to the national average rent of of $1,662/month.

$1,468/month

Average Rent

562 Sq Ft

Average Size

+1.1%

Change / Year

112

Available Apartments

Ocean Grove rent varies by unit size and layout:

  • Studio apartments in Ocean Grove average per month.
  • One-bedroom apartments in Ocean Grove average $1,468 per month.
  • Two-bedroom apartments in Ocean Grove average $1,713 per month.
  • Three-bedroom apartments in Ocean Grove average or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,468/month
562 Sq Ft
Two Bedroom
$1,713/month
650 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$2,635/month
485 Sq Ft
Three Bedroom
$3,180/month
1,331 Sq Ft
Four Bedroom
$6,303/month
1,708 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$3,380/month
1,328 Sq Ft
Three Bedroom
$2,925/month
1,851 Sq Ft
View Ocean Grove Apartments

How much has average rent changed in Ocean Grove, NJ?

In the past year, rent has increased by 1.1%, which averages out to $17 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Ocean Grove, NJ

July 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Ocean Grove, NJ
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
100% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Ocean Grove, NJ?

Because the average rent in Ocean Grove is $1,468, you’ll want to make about $4,893 per month or $58,716 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

Ocean Grove, NJ

112 Available Apartments for Rent

Search for Nearby Apartments

How does Ocean Grove, NJ compare to other nearby cities and neighborhoods?

Use the tool below to compare Ocean Grove, 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.

View the Ocean Grove Area Guide

Apartment Averages

Apartment Communities in Ocean Grove We Think You'll Love

TWELVE17 Ocean Ave

TWELVE17 Ocean Ave

1217 Ocean Ave,
Bradley Beach, NJ 07720

1 Bed | $2,300

Terrace Lake Apartments, LLC

Terrace Lake Apartments, LLC

100 Cliff Ave,
Bradley Beach, NJ 07720

1-2 Beds | $1,990 - $2,535

501-511 Lake Ter

501-511 Lake Ter

501-511 Lake Ter,
Bradley Beach, NJ 07720

2 Beds | $2,493

71 Delaware Ave

71 Delaware Ave

71 Delaware Ave,
Ocean Grove, NJ 07756

2 Beds | $2,500

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Frequently Asked Questions

What is the average rent in Ocean Grove?

The average rent in Ocean Grove is $1,468 per month, which is 11.7% lower than the national average of $1,662.

What is the average rent for a house in Ocean Grove?

The average rent for a house in Ocean Grove, NJ is $3,180 per month.

What is the average rent for a townhome in Ocean Grove?

The average rent for a townhome in Ocean Grove, NJ is $3,380 per month.

Are rents going up or down in Ocean Grove?

Rents in Ocean Grove, NJ are increasing, with prices up 1.1% year-over-year and $17 more per month.

What rent range is most common in Ocean Grove?

In Ocean Grove, NJ, 100% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

United States New Jersey Ocean Grove 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