Forked River, 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 Forked River, New Jersey rental market.

Forked River, New Jersey

Average Apartment Rent

$2,171

Y-o-Y Change in Average
Apartment Rent

2.4%

As of May 2026

Compared to a year ago, Forked River, New Jersey apartments have recorded a 2.4% rent increase.

Forked River, 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
Forked River $2,001 $2,027 $2,063 $2,098 $2,110 $2,114 $2,155 $2,160 $2,159
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Forked River
National
Jul 2023
$2,001
$1,741
Nov 2023
$2,027
$1,732
Mar 2024
$2,063
$1,736
Jul 2024
$2,098
$1,756
Nov 2024
$2,110
$1,749
Mar 2025
$2,114
$1,755
Jul 2025
$2,155
$1,767
Nov 2025
$2,160
$1,753
Mar 2026
$2,159
$1,750

Forked River, New Jersey Average Apartment Rent

Forked River, 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 36.25%, apartments priced $1,500 - $2,000 represent the bulk of Forked River, New Jersey rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 4.41%.

Forked River, New Jersey Housing tenure**

Renter occupied housing units 262
Owner occupied housing units 1,826

Renters take up 13% of Forked River, New Jersey real estate, occupying a total of 262 units, while homeowners live in 1,826 properties.

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

6

Renter median household income**

$80,833

Average household size of renter-occupied housing units**

3.77

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

1 bed 41
2 beds 24
3 beds 156
4 beds 41

There are 156 rentals in Forked River, New Jersey with 3 beds making up the highest share of the market, at 60%. Units with 2 beds, on the other hand, hold the lowest percentage (9%), amounting to 24 units. Overall, the median number of rooms in Forked River, New Jersey homes for rent is 6.

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

15 - 24 years 44
25 - 34 years 31
35 - 44 years 41
45 - 54 years 102
55 - 59 years 11
60 - 64 years 20
65 - 74 years 13

Most condos for rent in Forked River, New Jersey are occupied by residents in the 45 - 54 years age group (39%), followed by those in the 15 - 24 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 – 4%.

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

Family households 143
Non-Family Households 119

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

With related children of the householder under 18 133
No related children of the householder under 18 129

A total of 143 apartments for rent in Forked River, New Jersey, or 55% of all rentals are family households. Additionally, 51% of rental homes include children under the age of 18 – that’s 133 units. All in all, the median size of a renter-occupied household in Forked River, New Jersey is 3.77.

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

Less than high school graduate 14
High school graduate (including equivalency) 119
Some college or associate's degree 55
Bachelor's degree or higher 74

In terms of education, renters holding bachelor degrees or higher make up 28% of the rental market. In contrast, residents with less than a high school degree reside in 5% of the homes for rent in Forked River, New Jersey.

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

Built 2010 - 2019 61
Built 1970 - 1979 78
Built 1960 - 1969 57
Built 1950 - 1959 52
Built 1939 or earlier 14

The highest share of Forked River, New Jersey apartment rentals, namely 30% or 78 units, were Built 1970 - 1979, followed by those Built 2010 - 2019 (23%, 61 units), and the ones Built 1960 - 1969 (22%, 57 units).

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

Moved in 2018 to 2020 108
Moved in 2010 to 2017 154

Median year renter moved into unit 2017

Most Forked River, New Jersey renters (59%) moved in 2010 to 2017, while only 41% of them moved in 2018 to 2020. Overall, the median year renters have occupied their Forked River, New Jersey condos for rent is 2017.

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

No vehicle available 14
1 vehicle available 44
2 vehicles available 132
3 or more vehicles available 72

When it comes to transportation options, 50% of Forked River, New Jersey renters have 2 vehicles available per household, 27% of them have 3 or more vehicles available, and 17% have 1 vehicle available.

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

Car, truck, or van - drove alone 322
Car, truck, or van - carpooled 32
Walked 43
Taxicab, motorcycle, bicycle, or other means 16
Worked at home 44

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

Same house as 1 year ago 937
Moved within same county 36
Moved from different state 14

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 Forked River, 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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