Old Bridge, New Jersey Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Old Bridge, New Jersey rental market.

Old Bridge, New Jersey

Average Apartment Rent

$2,252

Y-o-Y Change in Average
Apartment Rent

-4.2%

As of March 2026

Compared to a year ago, Old Bridge, New Jersey apartments have recorded a -4.2% rent decrease.

Old Bridge, New Jersey Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Old Bridge $1,956 $2,041 $2,195 $2,354 $2,369 $2,350 $2,327 $2,303 $2,252
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Old Bridge
National
Jul 2023
$1,956
$1,735
Nov 2023
$2,041
$1,724
Mar 2024
$2,195
$1,729
Jul 2024
$2,354
$1,750
Nov 2024
$2,369
$1,743
Mar 2025
$2,350
$1,749
Jul 2025
$2,327
$1,763
Nov 2025
$2,303
$1,749
Mar 2026
$2,252
$1,750

Old Bridge, New Jersey Average Apartment Rent

Old Bridge, New Jersey Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 31.13%, apartments priced $1,000 - $1,500 represent the bulk of Old Bridge, New Jersey rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 12.7%.

Old Bridge, New Jersey Housing tenure**

Renter occupied housing units 2,825
Owner occupied housing units 7,644

Renters take up 27% of Old Bridge, New Jersey real estate, occupying a total of 2,825 units, while homeowners live in 7,644 properties.

Median number of rooms of renter-occupied housing units**

3.2

Renter median household income**

$55,577

Average household size of renter-occupied housing units**

1.97

Rental vacancy rate**

2.2%

Old Bridge, New Jersey Renter-occupied housing units by no. of bedrooms**

No bedrooms 383
1 bed 1,528
2 beds 714
3 beds 144
4 beds 44

There are 1,528 rentals in Old Bridge, New Jersey with 1 bed making up the highest share of the market, at 54%. Units with 4 beds, on the other hand, hold the lowest percentage (2%), amounting to 44 units. Overall, the median number of rooms in Old Bridge, New Jersey homes for rent is 3.2.

Old Bridge, New Jersey Renter-occupied units by age of householder**

15 - 24 years 46
25 - 34 years 621
35 - 44 years 636
45 - 54 years 395
55 - 59 years 212
60 - 64 years 145
65 - 74 years 274
75 - 84 years 245
85 years and over 251

Most condos for rent in Old Bridge, New Jersey are occupied by residents in the 35 - 44 years age group (23%), followed by those in the 25 - 34 years age group (22%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 2%.

Old Bridge, New Jersey Renter-occupied housing units by family type**

Family households 1,133
Non-Family Households 1,692

Old Bridge, New Jersey Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 600
No related children of the householder under 18 2,225

A total of 1,133 apartments for rent in Old Bridge, New Jersey, or 40% of all rentals are family households. Additionally, 21% of rental homes include children under the age of 18 – that’s 600 units. All in all, the median size of a renter-occupied household in Old Bridge, New Jersey is 1.97.

Old Bridge, New Jersey Renter-occupied housing units by educational attainment**

Less than high school graduate 150
High school graduate (including equivalency) 1,216
Some college or associate's degree 894
Bachelor's degree or higher 565

In terms of education, renters holding bachelor degrees or higher make up 20% of the rental market. In contrast, residents with less than a high school degree reside in 5% of the homes for rent in Old Bridge, New Jersey.

Old Bridge, New Jersey Renter-occupied units by year structure built**

Built 2020 or later 16
Built 2000 - 2009 118
Built 1990 - 1999 351
Built 1980 - 1989 481
Built 1970 - 1979 331
Built 1960 - 1969 984
Built 1950 - 1959 432
Built 1940 - 1949 66
Built 1939 or earlier 46

The highest share of Old Bridge, New Jersey apartment rentals, namely 35% or 984 units, were Built 1960 - 1969, followed by those Built 1980 - 1989 (17%, 481 units), and the ones Built 1950 - 1959 (15%, 432 units).

Old Bridge, New Jersey Renter-occupied units by year householder moved in**

Moved in 2021 or later 76
Moved in 2018 to 2020 1,047
Moved in 2010 to 2017 1,051
Moved in 2000 to 2009 474
Moved in 1990 to 1999 114
Moved in 1989 or earlier 63

Median year renter moved into unit 2016

Most Old Bridge, New Jersey renters (37%) moved in 2010 to 2017, while only 2% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Old Bridge, New Jersey condos for rent is 2016.

Old Bridge, New Jersey Renter-occupied housing units by vehicles available**

No vehicle available 683
1 vehicle available 1,374
2 vehicles available 643
3 vehicles available 107
4 or more vehicles available 18

When it comes to transportation options, 49% of Old Bridge, New Jersey renters have 1 vehicle available per household, 24% of them have No vehicle available, and 23% have 2 vehicles available.

Old Bridge, New Jersey Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 1,935
Car, truck, or van - carpooled 189
Public transportation (excluding taxicab) 147
Worked at home 249

Old Bridge, New Jersey Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 5,114
Moved within same county 266
Moved from different county within same state 48
Moved from different state 69

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Old Bridge, New Jersey apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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