What is the median rent in Ocean City, NJ?

Name: Median rent in Ocean City, NJ, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median gross rent in Ocean City, NJ is $1,683 (±$216) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 1,424 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Ocean City, the median gross rent went from $1,264 in 2015–2019 to $1,683 in 2020–2024 (+33.1%).

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 November 12, 2026.

Median gross rent: $1,683 (±$216)
Rented homes: 1,424 (±314)
$2,000 or more: 31.9%
Since 2015–2019: +33.1%

How much rent costs in Ocean City

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	Ocean City	Cape May County	New Jersey	United States
Less than $500	10.0% (±5.3 points)	5.3%	6.1%	6.3%
$500 to $999	11.1% (±6.2 points)	25.1%	7.9%	20.2%
$1,000 to $1,499	18.5% (±6.9 points)	26.5%	23.5%	28.1%
$1,500 to $1,999	28.5% (±9.6 points)	21.7%	28.5%	21.1%
$2,000 to $2,499	23.5% (±17.3 points)	14.9%	17.2%	12.0%
$2,500 to $2,999	5.2% (±4.2 points)	3.5%	7.9%	5.5%
$3,000 or more	3.2% (±2.9 points)	3.0%	8.9%	6.8%

The most common range is $1,500 to $1,999, paid by 28.5% of renting households.

31.9% of rented homes in Ocean City cost $2,000 or more a month.

Ocean City against Cape May County, its state and the nation

Estimate (90% margin of error)
	Ocean City	Cape May County	New Jersey	United States
Median gross rent	$1,683 (±$216)	$1,360 (±$96)	$1,720 (±$7)	$1,413
Rented homes paying rent	1,424 (±314)	8,167 (±665)	1,230,839 (±7,912)	42,849,984

In Ocean City, median gross rent is higher than in Cape May County ($1,360).

It is not measurably different from New Jersey ($1,720).

It is higher than the national figure ($1,413).

In Cape May County, Ocean City ranks 4 of 14 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 329 of 548.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Ocean City has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median gross rent	$1,264 (±$103)	$1,683 (±$216)	+33.1%	No measurable change after inflation
Households that rent	28.7% (±3.6 points)	27.3% (±5.1 points)	−1.4 percentage points	Not a measurable change
Rental vacancy rate	42.8% (±5.4 points)	36.6% (±7.5 points)	−6.2 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 Ocean City

Nearest places with a published estimate, compared with Ocean City
Place	Distance	Median gross rent	Compared with this place
Ocean City	—	$1,683 (±$216)	—
Marmora	3.2 mi	$1,875 (±$1,369)	Not measurably different
Somers Point	3.3 mi	$1,383 (±$106)	Lower
Longport Borough	4.8 mi	$2,514 (±$866)	Not measurably different
Linwood	5.4 mi	$2,188 (±$192)	Higher
Corbin City	6.1 mi	$1,307 (±$306)	Lower
Margate City	6.5 mi	$1,347 (±$237)	Lower
Bargaintown	6.8 mi	$2,406 (±$288)	Higher
Upper Township	6.8 mi	$1,843 (±$388)	Not measurably different

Nearby places with a measurably lower figure: Somers Point, NJ ($1,383), Corbin City, NJ ($1,307), Margate City, NJ ($1,347).

Nearby places with a measurably higher figure: Linwood, NJ ($2,188), Bargaintown, NJ ($2,406).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Cape May County, place by place

Rank	Place	Median gross rent
1	Upper Township	$1,843 (±$388)
2	Stone Harbor Borough	$1,711 (±$240)
3	Avalon Borough	$1,708 (±$169)
4	Ocean City	$1,683 (±$216)
5	Dennis Township	$1,578 (±$308)
6	Middle Township	$1,500 (±$266)
7	Lower Township	$1,386 (±$171)
8	West Cape May Borough	$1,232 (±$580)
9	West Wildwood Borough	$1,225 (±$755)
10	North Wildwood	$1,210 (±$122)

Showing 10 of 14 places in Cape May 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 Ocean City

What is the average rent in Ocean City, NJ?

The Census Bureau publishes the median rather than the average: the median gross rent in Ocean City is $1,683 (±$216) 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 Ocean City?

In Ocean City, the median gross rent went from $1,264 in 2015–2019 to $1,683 in 2020–2024 (+33.1%).

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 Ocean City cost more than $2,000 a month?

31.9% of rented homes in Ocean City have a gross rent of $2,000 or more a month, and 10.0% cost less than $500.

Is rent in Ocean City higher than in Cape May County?

In Ocean City, median gross rent is higher than in Cape May County ($1,360).

It is not measurably different from New Jersey ($1,720).

It is higher than 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

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 Ocean City city, Cape May County, New Jersey (county subdivision:54360, in state:34 county:009).

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.

Request a Census API 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.