What is the median rent in Wall Township, NJ?
The median gross rent in Wall Township, NJ is $1,762 (±$163) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 1,577 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Wall Township, the median gross rent went from $1,326 in 2015–2019 to $1,762 in 2020–2024 (+32.9%).
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
- $1,762 (±$163)
- Rented homes
- 1,577 (±231)
- $2,000 or more
- 35.5%
- Since 2015–2019
- +32.9%
How much rent costs in Wall Township
| Monthly gross rent | Wall Township | Monmouth County | New Jersey | United States |
|---|---|---|---|---|
| Less than $500 | 4.1% (±2.5 points) | 6.9% | 6.1% | 6.3% |
| $500 to $999 | 5.1% (±4.1 points) | 6.0% | 7.9% | 20.2% |
| $1,000 to $1,499 | 24.7% (±9.9 points) | 19.5% | 23.5% | 28.1% |
| $1,500 to $1,999 | 30.5% (±10.0 points) | 26.9% | 28.5% | 21.1% |
| $2,000 to $2,499 | 17.8% (±9.4 points) | 18.8% | 17.2% | 12.0% |
| $2,500 to $2,999 | 11.2% (±6.4 points) | 11.4% | 7.9% | 5.5% |
| $3,000 or more | 6.5% (±4.3 points) | 10.5% | 8.9% | 6.8% |
The most common range is $1,500 to $1,999, paid by 30.5% of renting households.
35.5% of rented homes in Wall Township cost $2,000 or more a month.
Wall Township against Monmouth County, its state and the nation
| Wall Township | Monmouth County | New Jersey | United States | |
|---|---|---|---|---|
| Median gross rent | $1,762 (±$163) | $1,827 (±$30) | $1,720 (±$7) | $1,413 |
| Rented homes paying rent | 1,577 (±231) | 59,518 (±1,715) | 1,230,839 (±7,912) | 42,849,984 |
In Wall Township, median gross rent is not measurably different from Monmouth County ($1,827).
It is not measurably different from New Jersey ($1,720).
It is higher than the national figure ($1,413).
In Monmouth County, Wall Township ranks 36 of 52 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 274 of 548.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Wall Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,326 (±$56) | $1,762 (±$163) | +32.9% | No measurable change after inflation |
| Households that rent | 17.6% (±2.0 points) | 16.6% (±2.3 points) | −1.0 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±2.0 points) | 0.0% (±2.6 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 Wall Township
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Wall Township | — | $1,762 (±$163) | — |
| Spring Lake Heights Borough | 3.0 mi | $1,863 (±$93) | Not measurably different |
| Spring Lake Borough | 3.8 mi | $2,175 (±$617) | Not measurably different |
| Lake Como Borough | 3.9 mi | $1,810 (±$72) | Not measurably different |
| Belmar Borough | 4.0 mi | $1,744 (±$180) | Not measurably different |
| Neptune Township | 4.1 mi | $1,876 (±$217) | Not measurably different |
| Neptune City Borough | 4.2 mi | $1,526 (±$691) | Not measurably different |
| Sea Girt Borough | 4.2 mi | $3,455 (±$453) | Higher |
| Farmingdale Borough | 4.4 mi | $1,648 (±$139) | Not measurably different |
Nearby places with a measurably higher figure: Sea Girt Borough, NJ ($3,455).
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 |
|---|---|---|
| 30 | Spring Lake Heights Borough | $1,863 (±$93) |
| 31 | Shrewsbury Township | $1,856 (±$201) |
| 32 | Freehold Borough | $1,832 (±$128) |
| 33 | Matawan Borough | $1,824 (±$176) |
| 34 | Lake Como Borough | $1,810 (±$72) |
| 35 | Bradley Beach Borough | $1,790 (±$86) |
| 36 | Wall Township | $1,762 (±$163) |
| 37 | Tinton Falls Borough | $1,746 (±$562) |
| 38 | Belmar Borough | $1,744 (±$180) |
| 39 | Asbury Park | $1,722 (±$102) |
| 40 | Keansburg Borough | $1,679 (±$105) |
| 41 | Allentown Borough | $1,671 (±$321) |
| 42 | Highlands Borough | $1,658 (±$216) |
Showing 13 of 52 places in Monmouth County, ranked from highest to lowest.
The figures for Wall Township include the places inside it that have pages of their own: West Belmar.
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 Wall Township
What is the average rent in Wall Township, NJ?
The Census Bureau publishes the median rather than the average: the median gross rent in Wall Township is $1,762 (±$163) 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 Wall Township?
In Wall Township, the median gross rent went from $1,326 in 2015–2019 to $1,762 in 2020–2024 (+32.9%).
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 Wall Township cost more than $2,000 a month?
35.5% of rented homes in Wall Township have a gross rent of $2,000 or more a month, and 4.1% cost less than $500.
Is rent in Wall Township higher than in Monmouth County?
In Wall Township, median gross rent is not measurably different from Monmouth County ($1,827).
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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Wall township, Monmouth County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Wall township, Monmouth County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Wall township, 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 Wall township, Monmouth County, New Jersey (county subdivision:76460, 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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- Population growth in Wall Township
- How long people stay in Wall Township
- Crowding and facilities in Wall Township
- Fair Market Rent in Wall Township
- 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