Rentometer, Inc. | Data as of 10/22/2025
Asbury Park’s rental market offers a vibrant mix of historic homes and modern apartments, catering to a wide range of lifestyles. Studio apartments are typically found in the $2600 range, while one‑bedroom units often hover around the $2200‑$2300 bracket, providing affordable options for young professionals and students. Larger floor plans, such as two‑bedroom apartments, usually fall in the $2600‑$2800 range, and spacious three‑bedroom houses can approach the $4,000‑$4,500 range, appealing to families seeking more room and a classic coastal setting.
The city’s neighborhoods each bring a distinct flavor to the rental experience. The historic Chelsea district showcases beautifully restored Victorian homes and tree‑lined streets, while Downtown Asbury Park offers sleek lofts steps away from the iconic Boardwalk, bustling eateries, and the legendary Paramount Theatre. Near the beachfront, contemporary condo complexes provide easy access to the sandy shoreline, surf culture, and summer festivals that draw visitors from across the region.
Beyond its lively arts scene and seaside attractions, Asbury Park benefits from excellent connectivity. The NJ Transit line links the city to New York City and other parts of New Jersey, making it a convenient base for commuters. With a blend of cultural amenities, diverse housing options, and a welcoming community atmosphere, the rental market in Asbury Park continues to attract renters seeking both comfort and coastal charm.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $2,604 | $2,800 | $1,427 - $3,300 | $2,600 - $2,870 |
| Apartment | 1 Bedroom | $2,245 | $2,225 | $1,100 - $3,300 | $1,890 - $2,600 |
| Apartment | 2 Bedroom | $2,862 | $2,600 | $2,250 - $4,400 | $2,400 - $3,200 |
| Apartment | 3 Bedroom | $3,133 | $3,200 | $2,850 - $3,350 | $2,850 - $3,350 |
| House | 3 Bedroom | $4,513 | $4,000 | $2,950 - $9,000 | $3,300 - $4,950 |
| House | 4+ Bedroom | $4,067 | $4,000 | $2,825 - $6,000 | $2,950 - $4,900 |
In the current period, the average rent in Asbury Park was $2,605 for Studio, $2,246 for 1 Bedroom, $2,918 for 2 Bedroom, $4,283 for 3 Bedroom, and $4,041 for 4+ Bedroom.
Data provided by Rentometer, Inc.