Toms River Township, 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 Toms River Township, New Jersey rental market.

Toms River Township, New Jersey

Average Apartment Rent

$2,097

Y-o-Y Change in Average
Apartment Rent

4%

As of May 2026

Compared to a year ago, Toms River Township, New Jersey apartments have recorded a 4% rent increase.

Toms River Township, 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
Toms River $1,884 $1,907 $1,930 $1,975 $2,001 $1,999 $2,049 $2,058 $2,058
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Toms River
National
Jul 2023
$1,884
$1,741
Nov 2023
$1,907
$1,732
Mar 2024
$1,930
$1,736
Jul 2024
$1,975
$1,756
Nov 2024
$2,001
$1,749
Mar 2025
$1,999
$1,755
Jul 2025
$2,049
$1,767
Nov 2025
$2,058
$1,753
Mar 2026
$2,058
$1,750

Toms River Township, New Jersey Average Apartment Rent

Toms River Township, 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 47.44%, apartments priced $1,500 - $2,000 represent the bulk of Toms River Township, New Jersey rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.48%.

Toms River Township, New Jersey Housing tenure**

Renter occupied housing units 6,830
Owner occupied housing units 28,336

Renters take up 19% of Toms River Township, New Jersey real estate, occupying a total of 6,830 units, while homeowners live in 28,336 properties.

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

4.4

Renter median household income**

$57,961

Average household size of renter-occupied housing units**

2.33

Rental vacancy rate**

2%

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

No bedrooms 124
1 bed 1,720
2 beds 3,005
3 beds 1,151
4 beds 723
5 or more beds 107

There are 3,005 rentals in Toms River Township, New Jersey with 2 beds making up the highest share of the market, at 44%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 107 units. Overall, the median number of rooms in Toms River Township, New Jersey homes for rent is 4.4.

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

15 - 24 years 368
25 - 34 years 1,289
35 - 44 years 1,046
45 - 54 years 1,475
55 - 59 years 654
60 - 64 years 612
65 - 74 years 706
75 - 84 years 484
85 years and over 196

Most condos for rent in Toms River Township, New Jersey are occupied by residents in the 45 - 54 years age group (22%), followed by those in the 25 - 34 years age group (19%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 3%.

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

Family households 3,410
Non-Family Households 3,420

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

With related children of the householder under 18 1,981
No related children of the householder under 18 4,849

A total of 3,410 apartments for rent in Toms River Township, New Jersey, or 50% of all rentals are family households. Additionally, 29% of rental homes include children under the age of 18 – that’s 1,981 units. All in all, the median size of a renter-occupied household in Toms River Township, New Jersey is 2.33.

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

Less than high school graduate 710
High school graduate (including equivalency) 2,076
Some college or associate's degree 2,374
Bachelor's degree or higher 1,670

In terms of education, renters holding bachelor degrees or higher make up 24% of the rental market. In contrast, residents with less than a high school degree reside in 10% of the homes for rent in Toms River Township, New Jersey.

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

Built 2010 - 2019 584
Built 2000 - 2009 867
Built 1990 - 1999 1,157
Built 1980 - 1989 867
Built 1970 - 1979 1,231
Built 1960 - 1969 1,249
Built 1950 - 1959 554
Built 1940 - 1949 230
Built 1939 or earlier 91

The highest share of Toms River Township, New Jersey apartment rentals, namely 18% or 1,249 units, were Built 1960 - 1969, followed by those Built 1970 - 1979 (18%, 1,231 units), and the ones Built 1990 - 1999 (17%, 1,157 units).

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

Moved in 2021 or later 355
Moved in 2018 to 2020 2,162
Moved in 2010 to 2017 3,326
Moved in 2000 to 2009 728
Moved in 1990 to 1999 134
Moved in 1989 or earlier 125

Median year renter moved into unit 2016

Most Toms River Township, New Jersey renters (49%) moved in 2010 to 2017, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Toms River Township, New Jersey condos for rent is 2016.

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

No vehicle available 864
1 vehicle available 3,142
2 vehicles available 2,097
3 vehicles available 492
4 vehicles available 180
5 or more vehicles available 55

When it comes to transportation options, 46% of Toms River Township, New Jersey renters have 1 vehicle available per household, 31% of them have 2 vehicles available, and 13% have No vehicle available.

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

Car, truck, or van - drove alone 5,607
Car, truck, or van - carpooled 884
Public transportation (excluding taxicab) 127
Walked 64
Taxicab, motorcycle, bicycle, or other means 198
Worked at home 952

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

Same house as 1 year ago 11,724
Moved within same county 3,200
Moved from different county within same state 455
Moved from different state 381

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 Toms River Township, 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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