What is the median rent in Port Monmouth, NJ?
The median gross rent in Port Monmouth, NJ is $1,156 (±$89) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 298 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Port Monmouth, the median gross rent went from $958 in 2015–2019 to $1,156 in 2020–2024 (+20.7%).
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
- $1,156 (±$89)
- Rented homes
- 298 (±202)
- $2,000 or more
- 6.7%
- Since 2015–2019
- +20.7%
How much rent costs in Port Monmouth
| Monthly gross rent | Port Monmouth | Monmouth County | New Jersey | United States |
|---|---|---|---|---|
| Less than $500 | 14.8% (±17.5 points) | 6.9% | 6.1% | 6.3% |
| $500 to $999 | 0.0% (±14.0 points) | 6.0% | 7.9% | 20.2% |
| $1,000 to $1,499 | 69.1% (±29.6 points) | 19.5% | 23.5% | 28.1% |
| $1,500 to $1,999 | 9.4% (±11.9 points) | 26.9% | 28.5% | 21.1% |
| $2,000 to $2,499 | 6.4% (±9.4 points) | 18.8% | 17.2% | 12.0% |
| $2,500 to $2,999 | 0.0% (±14.0 points) | 11.4% | 7.9% | 5.5% |
| $3,000 or more | 0.3% (±3.4 points) | 10.5% | 8.9% | 6.8% |
The most common range is $1,000 to $1,499, paid by 69.1% of renting households.
6.7% of rented homes in Port Monmouth cost $2,000 or more a month.
Port Monmouth against Monmouth County, its state and the nation
| Port Monmouth | Monmouth County | New Jersey | United States | |
|---|---|---|---|---|
| Median gross rent | $1,156 (±$89) | $1,827 (±$30) | $1,720 (±$7) | $1,413 |
| Rented homes paying rent | 298 (±202) | 59,518 (±1,715) | 1,230,839 (±7,912) | 42,849,984 |
In Port Monmouth, median gross rent is lower than in Monmouth County ($1,827).
It is also lower than in New Jersey ($1,720).
It is lower than the national figure ($1,413).
In Monmouth County, Port Monmouth ranks 15 of 16 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 189 of 201.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Port Monmouth has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $958 (±$308) | $1,156 (±$89) | +20.7% | No measurable change after inflation |
| Households that rent | 18.5% (±8.6 points) | 22.6% (±12.6 points) | +4.1 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±14.5 points) | 0.0% (±14.0 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 Port Monmouth
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Port Monmouth | — | $1,156 (±$89) | — |
| North Middletown | 1.0 mi | $2,186 (±$156) | Higher |
| Belford | 1.2 mi | $1,458 (±$264) | Higher |
| Leonardo | 2.4 mi | $1,694 (±$871) | Not measurably different |
| Keansburg Borough | 3.1 mi | $1,679 (±$105) | Higher |
| Hazlet Township | 3.6 mi | $1,400 (±$723) | Not measurably different |
| Union Beach Borough | 3.8 mi | $2,567 (±$708) | Higher |
| Atlantic Highlands Borough | 4.5 mi | $1,979 (±$365) | Higher |
| Fairview | 4.9 mi | $3,250 (±$135) | Higher |
Nearby places with a measurably higher figure: North Middletown, NJ ($2,186), Belford, NJ ($1,458), Keansburg Borough, NJ ($1,679).
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 |
|---|---|---|
| 9 | Wanamassa | $2,066 (±$367) |
| 10 | Leonardo | $1,694 (±$871) |
| 11 | West Belmar | $1,687 (±$274) |
| 12 | Strathmore | $1,592 (±$233) |
| 13 | Ocean Grove | $1,488 (±$350) |
| 14 | Belford | $1,458 (±$264) |
| 15 | Port Monmouth | $1,156 (±$89) |
| 16 | Lincroft | $685 (±$522) |
Showing 8 of 16 places in Monmouth County, ranked from highest to lowest.
Port Monmouth is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Middletown Township, whose figures include it.
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 Port Monmouth
What is the average rent in Port Monmouth, NJ?
The Census Bureau publishes the median rather than the average: the median gross rent in Port Monmouth is $1,156 (±$89) 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 Port Monmouth?
In Port Monmouth, the median gross rent went from $958 in 2015–2019 to $1,156 in 2020–2024 (+20.7%).
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 Port Monmouth cost more than $2,000 a month?
6.7% of rented homes in Port Monmouth have a gross rent of $2,000 or more a month, and 14.8% cost less than $500.
Is rent in Port Monmouth higher than in Monmouth County?
In Port Monmouth, median gross rent is lower than in Monmouth County ($1,827).
It is also lower than in New Jersey ($1,720).
It is lower 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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Port Monmouth CDP, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Port Monmouth CDP, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Port Monmouth CDP, 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 Port Monmouth CDP, New Jersey (place:60360, in state:34).
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
- Housing in Port Monmouth at a glance
- Rent burden in Port Monmouth
- Income and affordability in Port Monmouth
- Home values in Port Monmouth
- Homeowner costs in Port Monmouth
- Property taxes in Port Monmouth
- Types of homes in Port Monmouth
- Age of homes in Port Monmouth
- Heating fuel in Port Monmouth
- Commute and cars in Port Monmouth
- Population growth in Port Monmouth
- Fair Market Rent in Port Monmouth
- 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