What is the median rent in Neptune City Borough, NJ?
The median gross rent in Neptune City Borough, NJ is $1,526 (±$691) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 580 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Neptune City Borough, the median gross rent went from $1,198 in 2015–2019 to $1,526 in 2020–2024 (+27.4%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median gross rent
- $1,526 (±$691)
- Rented homes
- 580 (±200)
- $2,000 or more
- 40.7%
- Since 2015–2019
- +27.4%
How much rent costs in Neptune City Borough
| Monthly gross rent | Neptune City Borough | Monmouth County | New Jersey | United States |
|---|---|---|---|---|
| Less than $500 | 24.7% (±22.0 points) | 6.9% | 6.1% | 6.3% |
| $500 to $999 | 6.2% (±10.3 points) | 6.0% | 7.9% | 20.2% |
| $1,000 to $1,499 | 18.6% (±13.2 points) | 19.5% | 23.5% | 28.1% |
| $1,500 to $1,999 | 9.8% (±10.0 points) | 26.9% | 28.5% | 21.1% |
| $2,000 to $2,499 | 28.3% (±22.1 points) | 18.8% | 17.2% | 12.0% |
| $2,500 to $2,999 | 12.4% (±12.1 points) | 11.4% | 7.9% | 5.5% |
| $3,000 or more | 0.0% (±7.5 points) | 10.5% | 8.9% | 6.8% |
The most common range is $2,000 to $2,499, paid by 28.3% of renting households.
40.7% of rented homes in Neptune City Borough cost $2,000 or more a month.
Neptune City Borough against Monmouth County, its state and the nation
| Neptune City Borough | Monmouth County | New Jersey | United States | |
|---|---|---|---|---|
| Median gross rent | $1,526 (±$691) | $1,827 (±$30) | $1,720 (±$7) | $1,413 |
| Rented homes paying rent | 580 (±200) | 59,518 (±1,715) | 1,230,839 (±7,912) | 42,849,984 |
In Neptune City Borough, median gross rent is not measurably different from Monmouth County ($1,827).
It is not measurably different from New Jersey ($1,720).
It is not measurably different from the national figure ($1,413).
In Monmouth County, Neptune City Borough ranks 49 of 52 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 401 of 548.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Neptune City Borough has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,198 (±$76) | $1,526 (±$691) | +27.4% | No measurable change after inflation |
| Households that rent | 42.7% (±9.2 points) | 27.9% (±8.8 points) | −14.8 percentage points | Measurable decrease |
| Rental vacancy rate | 0.0% (±3.9 points) | 0.0% (±7.5 points) | 0.0 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near Neptune City Borough
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Neptune City Borough | — | $1,526 (±$691) | — |
| Bradley Beach Borough | 1.1 mi | $1,790 (±$86) | Not measurably different |
| Avon-by-the-Sea Borough | 1.1 mi | $2,078 (±$226) | Not measurably different |
| Neptune Township | 1.4 mi | $1,876 (±$217) | Not measurably different |
| Belmar Borough | 1.5 mi | $1,744 (±$180) | Not measurably different |
| Ocean Grove | 1.6 mi | $1,488 (±$350) | Not measurably different |
| Asbury Park | 2.0 mi | $1,722 (±$102) | Not measurably different |
| West Belmar | 2.1 mi | $1,687 (±$274) | Not measurably different |
| Lake Como Borough | 2.2 mi | $1,810 (±$72) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Monmouth County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 43 | Farmingdale Borough | $1,648 (±$139) |
| 44 | Oceanport Borough | $1,608 (±$274) |
| 45 | Allenhurst Borough | $1,602 (±$205) |
| 46 | Eatontown Borough | $1,601 (±$113) |
| 47 | Middletown Township | $1,532 (±$161) |
| 48 | Ocean Township (Monmouth County) | $1,530 (±$96) |
| 49 | Neptune City Borough | $1,526 (±$691) |
| 50 | Keyport Borough | $1,458 (±$158) |
| 51 | Hazlet Township | $1,400 (±$723) |
| 52 | Upper Freehold Township | $1,314 (±$157) |
Showing 10 of 52 places in Monmouth County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Neptune City Borough
What is the average rent in Neptune City Borough, NJ?
The Census Bureau publishes the median rather than the average: the median gross rent in Neptune City Borough is $1,526 (±$691) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Neptune City Borough?
In Neptune City Borough, the median gross rent went from $1,198 in 2015–2019 to $1,526 in 2020–2024 (+27.4%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
How many rentals in Neptune City Borough cost more than $2,000 a month?
40.7% of rented homes in Neptune City Borough have a gross rent of $2,000 or more a month, and 24.7% cost less than $500.
Is rent in Neptune City Borough higher than in Monmouth County?
In Neptune City Borough, median gross rent is not measurably different from Monmouth County ($1,827).
It is not measurably different from New Jersey ($1,720).
It is not measurably different from the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Neptune City borough, Monmouth County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Neptune City borough, Monmouth County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Neptune City borough, Monmouth County, New Jersey
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Neptune City borough, Monmouth County, New Jersey (county subdivision:49920, in state:34 county:025).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Homeowner costs in Neptune City Borough
- Property taxes in Neptune City Borough
- Types of homes in Neptune City Borough
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- Heating fuel in Neptune City Borough
- Commute and cars in Neptune City Borough
- Crime reported to police in Neptune City Borough
- Population growth in Neptune City Borough
- How long people stay in Neptune City Borough
- Crowding and facilities in Neptune City Borough
- New Jersey landlord and tenant rules
- Housing across Monmouth County
- New Jersey places ranked by median rent
- Housing data for every place in New Jersey