Shark River Hills, 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 Shark River Hills, New Jersey rental market.

Shark River Hills, New Jersey

Average Apartment Rent

$2,159

Y-o-Y Change in Average
Apartment Rent

2.1%

As of March 2026

Compared to a year ago, Shark River Hills, New Jersey apartments have recorded a 2.1% rent increase.

Shark River Hills, 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
Shark River Hills $2,001 $2,027 $2,063 $2,098 $2,110 $2,114 $2,155 $2,160 $2,159
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Shark River Hills
National
Jul 2023
$2,001
$1,735
Nov 2023
$2,027
$1,724
Mar 2024
$2,063
$1,729
Jul 2024
$2,098
$1,750
Nov 2024
$2,110
$1,743
Mar 2025
$2,114
$1,749
Jul 2025
$2,155
$1,763
Nov 2025
$2,160
$1,749
Mar 2026
$2,159
$1,750

Shark River Hills, New Jersey Average Apartment Rent

Shark River Hills, 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 38.47%, apartments priced $1,500 - $2,000 represent the bulk of Shark River Hills, New Jersey rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 5.17%.

Shark River Hills, New Jersey Housing tenure**

Renter occupied housing units 26
Owner occupied housing units 1,232

Renters take up 2% of Shark River Hills, New Jersey real estate, occupying a total of 26 units, while homeowners live in 1,232 properties.

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

5.3

Average household size of renter-occupied housing units**

3.12

Shark River Hills, New Jersey Renter-occupied housing units by no. of bedrooms**

3 beds 26

All rentals in Shark River Hills, New Jersey have 3 beds. That’s a total of 26 units.

Shark River Hills, New Jersey Renter-occupied units by age of householder**

25 - 34 years 19
65 - 74 years 7

Most condos for rent in Shark River Hills, New Jersey are occupied by residents in the 25 - 34 years age group (73%), while people in the 65 - 74 years age group make up the lowest share of the local rental market – 27%.

Shark River Hills, New Jersey Renter-occupied housing units by family type**

Family households 26
Non-Family Households 0

Shark River Hills, New Jersey Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 19
No related children of the householder under 18 7

A total of 26 apartments for rent in Shark River Hills, New Jersey, or 100% of all rentals are family households. Additionally, 73% of rental homes include children under the age of 18 – that’s 19 units. All in all, the median size of a renter-occupied household in Shark River Hills, New Jersey is 3.12.

Shark River Hills, New Jersey Renter-occupied housing units by educational attainment**

Bachelor's degree or higher 26

In terms of education, renters holding bachelor degrees or higher make up 100% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Shark River Hills, New Jersey.

Shark River Hills, New Jersey Renter-occupied units by year structure built**

Built 1970 - 1979 7
Built 1960 - 1969 9
Built 1950 - 1959 10

The highest share of Shark River Hills, New Jersey apartment rentals, namely 38% or 10 units, were Built 1950 - 1959, followed by those Built 1960 - 1969 (35%, 9 units), and the ones Built 1970 - 1979 (27%, 7 units).

Shark River Hills, New Jersey Renter-occupied units by year householder moved in**

Moved in 2010 to 2017 19
Moved in 2000 to 2009 7

Median year renter moved into unit 2013

Most Shark River Hills, New Jersey renters (73%) moved in 2010 to 2017, while only 27% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Shark River Hills, New Jersey condos for rent is 2013.

Shark River Hills, New Jersey Renter-occupied housing units by vehicles available**

2 vehicles available 16
3 or more vehicles available 10

When it comes to transportation options, 62% of Shark River Hills, New Jersey renters have 2 vehicles available per household, while 38% of them have 3 or more vehicles available.

Shark River Hills, New Jersey Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 42

When it comes to transportation options, 62% of Shark River Hills, New Jersey renters have 2 vehicles available per household, while 38% of them have 3 or more vehicles available.

Shark River Hills, New Jersey Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 81

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 Shark River Hills, 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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