Monmouth Beach, 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 Monmouth Beach, New Jersey rental market.

Monmouth Beach, New Jersey

Average Apartment Rent

$2,224

Y-o-Y Change in Average
Apartment Rent

3.4%

As of July 2026

Compared to a year ago, Monmouth Beach, New Jersey apartments have recorded a 3.4% rent increase.

Monmouth Beach, New Jersey Average apartment rent trend

Median Rent Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026 Jul 2026
Monmouth Beach $2,027 $2,063 $2,098 $2,110 $2,114 $2,155 $2,160 $2,159 $2,224
National $1,728 $1,734 $1,755 $1,747 $1,753 $1,767 $1,752 $1,750 $1,771
Monmouth Beach
National
Nov 2023
$2,027
$1,728
Mar 2024
$2,063
$1,734
Jul 2024
$2,098
$1,755
Nov 2024
$2,110
$1,747
Mar 2025
$2,114
$1,753
Jul 2025
$2,155
$1,767
Nov 2025
$2,160
$1,752
Mar 2026
$2,159
$1,750
Jul 2026
$2,224
$1,771

Monmouth Beach, New Jersey Average Apartment Rent

Monmouth Beach, 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 37.93%, apartments priced $2,000 - $2,500 represent the bulk of Monmouth Beach, New Jersey rentals, while condos priced Under $1,000 hold the lowest share of the market – 0.12%.

Monmouth Beach, New Jersey Housing tenure**

Renter occupied housing units 337
Owner occupied housing units 1,183

Renters take up 22% of Monmouth Beach, New Jersey real estate, occupying a total of 337 units, while homeowners live in 1,183 properties.

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

3.1

Renter median household income**

$91,250

Average household size of renter-occupied housing units**

1.41

Monmouth Beach, New Jersey Renter-occupied housing units by no. of bedrooms**

1 bed 194
2 beds 93
3 beds 28
4 beds 22

There are 194 rentals in Monmouth Beach, New Jersey with 1 bed making up the highest share of the market, at 58%. Units with 4 beds, on the other hand, hold the lowest percentage (7%), amounting to 22 units. Overall, the median number of rooms in Monmouth Beach, New Jersey homes for rent is 3.1.

Monmouth Beach, New Jersey Renter-occupied units by age of householder**

25 - 34 years 58
45 - 54 years 57
55 - 59 years 21
60 - 64 years 32
65 - 74 years 73
75 - 84 years 44
85 years and over 52

Most condos for rent in Monmouth Beach, New Jersey are occupied by residents in the 65 - 74 years age group (22%), followed by those in the 45 - 54 years age group (17%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 6%.

Monmouth Beach, New Jersey Renter-occupied housing units by family type**

Family households 75
Non-Family Households 262

Monmouth Beach, New Jersey Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 23
No related children of the householder under 18 314

A total of 75 apartments for rent in Monmouth Beach, New Jersey, or 22% of all rentals are family households. Additionally, 7% of rental homes include children under the age of 18 – that’s 23 units. All in all, the median size of a renter-occupied household in Monmouth Beach, New Jersey is 1.41.

Monmouth Beach, New Jersey Renter-occupied housing units by educational attainment**

High school graduate (including equivalency) 68
Some college or associate's degree 75
Bachelor's degree or higher 194

In terms of education, renters holding bachelor degrees or higher make up 58% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Monmouth Beach, New Jersey.

Monmouth Beach, New Jersey Renter-occupied units by year structure built**

Built 1990 - 1999 35
Built 1980 - 1989 110
Built 1970 - 1979 67
Built 1960 - 1969 101
Built 1950 - 1959 11
Built 1939 or earlier 13

The highest share of Monmouth Beach, New Jersey apartment rentals, namely 33% or 110 units, were Built 1980 - 1989, followed by those Built 1960 - 1969 (30%, 101 units), and the ones Built 1970 - 1979 (20%, 67 units).

Monmouth Beach, New Jersey Renter-occupied units by year householder moved in**

Moved in 2021 or later 55
Moved in 2018 to 2020 58
Moved in 2010 to 2017 159
Moved in 2000 to 2009 20
Moved in 1989 or earlier 45

Median year renter moved into unit 2015

Most Monmouth Beach, New Jersey renters (47%) moved in 2010 to 2017, while only 6% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Monmouth Beach, New Jersey condos for rent is 2015.

Monmouth Beach, New Jersey Renter-occupied housing units by vehicles available**

No vehicle available 53
1 vehicle available 194
2 vehicles available 75
3 or more vehicles available 15

When it comes to transportation options, 58% of Monmouth Beach, New Jersey renters have 1 vehicle available per household, 22% of them have 2 vehicles available, and 16% have No vehicle available.

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

Car, truck, or van - drove alone 119
Public transportation (excluding taxicab) 9
Worked at home 96

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

Same house as 1 year ago 306
Moved within same county 62
Moved from different county within same state 51
Moved from different state 49
Moved from abroad 8

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 Monmouth Beach, 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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