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Rental Market Trends in Ocean, NJ

Updated July 2026

The average rent in Ocean, NJ is $1,643/month.

Rent in Ocean is roughly equal to the national average rent of of $1,663/month.

$1,643/month

Average Rent

740 Sq Ft

Average Size

-2%

Change / Year

464

Available Apartments

Ocean rent varies by unit size and layout:

  • Studio apartments in Ocean average per month.
  • One-bedroom apartments in Ocean average $1,643 per month.
  • Two-bedroom apartments in Ocean average $2,288 per month.
  • Three-bedroom apartments in Ocean average $3,451 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,643/month
740 Sq Ft
Two Bedroom
$2,288/month
1,004 Sq Ft
Three Bedroom
$3,451/month
1,166 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,833/month
133 Sq Ft
Two Bedroom
$3,397/month
828 Sq Ft
Three Bedroom
$4,601/month
1,512 Sq Ft
Four Bedroom
$8,434/month
2,160 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$5,670/month
416 Sq Ft
Two Bedroom
$3,505/month
841 Sq Ft
Three Bedroom
$11,866/month
1,527 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$3,124/month
1,620 Sq Ft
Three Bedroom
$3,545/month
1,761 Sq Ft
View Ocean Apartments

How much has average rent changed in Ocean, NJ?

In the past year, rent has decreased by 2%, which averages out to $33 less per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Ocean, NJ

July 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Ocean, NJ
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
33% $1,501 - $2,000/month
67% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Ocean?

Based on current rent prices, Wanamassa is the most affordable neighborhood in Ocean.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Wanamassa
$1,937/month
714 Sq Ft

What are the most expensive neighborhoods in Ocean?

Based on current rent prices, Wanamassa is the most expensive neighborhood in Ocean.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Wanamassa
$1,937/month
714 Sq Ft

Which Ocean neighborhoods have the most rentals available?

The neighborhood in Ocean with the most apartments available is Wanamassa .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Wanamassa
$1,937/month
714 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Ocean is $1,643, you’ll want to make about $5,476 per month or $65,712 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, NJ

464 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Ocean, 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 Area Guide

Apartment Averages

Wanamassa

Ocean, NJ

Wanamassa

Ocean, NJ

Studio
-
-
One Bedroom
$1,656/month
$1,656/month
Two Bedroom
$2,280/month
$2,280/month
Three Bedroom
$3,509/month
$3,509/month
View Rentals
View Rentals

Compare Rent Trends Nearby

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

  • Asbury Park

    Asbury Park

  • West Long Branch

    West Long Branch

Apartment Communities in Ocean We Think You'll Love

West Park Manor

West Park Manor

1756 Raleigh Ct E,
Ocean, NJ 07712

1-2 Beds | $1,999 - $2,499

The Monroe

The Monroe

505 New Jersey 35,
Neptune City, NJ 07753

1-2 Beds | $2,600 - $3,425

Surfhouse Asbury Park

Surfhouse Asbury Park

1150 Kingsley St,
Asbury Park, NJ 07712

Studio - 4 Beds | $2,750 - $10,155

Edgewater Gardens Apartment Homes

Edgewater Gardens Apartment Homes

762 Greens Ave,
Long Branch, NJ 07740

1-2 Beds | $2,045 - $2,105

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Frequently Asked Questions

What is the average rent in Ocean?

The average rent in Ocean is $1,643 per month, which is 1.2% lower than the national average of $1,663.

What is the average rent for a house in Ocean?

The average rent for a house in Ocean, NJ is $4,601 per month.

What is the average rent for a townhome in Ocean?

The average rent for a townhome in Ocean, NJ is $3,124 per month.

What is the average rent for a condo in Ocean?

The average rent for a condo in Ocean, NJ is $5,670 per month.

Are rents going up or down in Ocean?

Rents in Ocean, NJ are decreasing, with prices down 2.0% year-over-year and $33 less per month.

What rent range is most common in Ocean?

In Ocean, NJ, 67% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

United States New Jersey Ocean 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