Point Pleasant, New Jersey Rental Market Trends
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 Point Pleasant, New Jersey rental market.
Point Pleasant, 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, Point Pleasant, New Jersey apartments have recorded a 2.4% rent increase.
Point Pleasant, New Jersey Average apartment rent trend
Point Pleasant, New Jersey Average Apartment Rent
Point Pleasant, New Jersey Apartment rent ranges
At 36.25%, apartments priced $1,500 - $2,000 represent the bulk of Point Pleasant, New Jersey rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 4.41%.
Point Pleasant, New Jersey Housing tenure**
Renters take up 19% of Point Pleasant, New Jersey real estate, occupying a total of 1,487 units, while homeowners live in 6,286 properties.
Median number of rooms of renter-occupied housing units**
4.6
Renter median household income**
$67,948
Average household size of renter-occupied housing units**
2.03
Rental vacancy rate**
4.2%
Point Pleasant, New Jersey Renter-occupied housing units by no. of bedrooms**
There are 627 rentals in Point Pleasant, New Jersey with 2 beds making up the highest share of the market, at 42%. Units with 4 beds, on the other hand, hold the lowest percentage (7%), amounting to 104 units. Overall, the median number of rooms in Point Pleasant, New Jersey homes for rent is 4.6.
Point Pleasant, New Jersey Renter-occupied units by age of householder**
Most condos for rent in Point Pleasant, New Jersey are occupied by residents in the 45 - 54 years age group (34%), followed by those in the 35 - 44 years age group (17%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.
Point Pleasant, New Jersey Renter-occupied housing units by family type**
Point Pleasant, New Jersey Renter-occupied housing units by the presence of own children**
A total of 684 apartments for rent in Point Pleasant, New Jersey, or 46% of all rentals are family households. Additionally, 25% of rental homes include children under the age of 18 – that’s 368 units. All in all, the median size of a renter-occupied household in Point Pleasant, New Jersey is 2.03.
Point Pleasant, New Jersey Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 30% of the rental market. In contrast, residents with less than a high school degree reside in 6% of the homes for rent in Point Pleasant, New Jersey.
Point Pleasant, New Jersey Renter-occupied units by year structure built**
The highest share of Point Pleasant, New Jersey apartment rentals, namely 24% or 356 units, were Built 1950 - 1959, followed by those Built 1960 - 1969 (23%, 337 units), and the ones Built 1970 - 1979 (18%, 263 units).
Point Pleasant, New Jersey Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Point Pleasant, New Jersey renters (46%) moved in 2010 to 2017, while only 2% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Point Pleasant, New Jersey condos for rent is 2016.
Point Pleasant, New Jersey Renter-occupied housing units by vehicles available**
When it comes to transportation options, 56% of Point Pleasant, New Jersey renters have 1 vehicle available per household, 27% of them have 2 vehicles available, and 11% have 3 or more vehicles available.
Point Pleasant, New Jersey Means of transportation to work of householders living in renter-occupied housing units**
Point Pleasant, New Jersey Geographical mobility in the past year for householders living in renter-occupied housing units**
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 Point Pleasant, 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
