Rents are right about where Asbury Park's 10-year trend predicts.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,684 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in Asbury Park is 1.8% below its high of $2,733 in June 2026, at $2,684 as of September 2026.
Rent in Asbury Park changed +3.5% over the year to September 2026. Across the 121 New Jersey cities Zillow tracks, the typical change was +3.1%.
Rent rose in 7 of the last 12 months.
30% of the median household income ($75,544) is $1,889 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,850); a 3-bedroom is $2,227.
Eatontown, 6 miles away, rents for 16% less ($2,256/mo), about $5,100 a year in savings.
From Zillow's monthly rent index (ZORI) for Asbury Park. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Asbury Park, NJ is majority renter-occupied, 43% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Asbury Park, NJ has changed in 5 years
Five years ago, renters in Asbury Park, NJ paid around $2,374 a month. That figure now sits near $2,684, up 13.1% from the 2023 baseline. Local incomes tracked alongside that move, going from a median of $54,676 in 2021 to $75,544 more recently. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Bachelor's-degree-or-higher attainment moved from 38.5% to 43% across the same window. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Asbury Park, NJ market of 2023.
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Can you afford rent in Asbury Park on your salary?
At $2,684/mo, how Asbury Park rent compares to typical pay (30% rule).
Asbury Park rent by bedroom count
Median rent for each apartment size in Asbury Park. Click any size for full breakdown.
Tips for renters in Asbury Park
Last updated: October 17, 2026
The median rent in Asbury Park is $2,684/mo as of October 2026. A studio apartment averages $1,581/mo while a 2-bedroom runs $1,850/mo. One-bedroom apartments average $1,524/mo and 3-bedroom units go for $2,227/mo.
At 43% of local median household income ($75,544/yr), Asbury Park ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.5% over the past year.
Frequently asked questions
How much income do you need to rent in Asbury Park?
Is rent going up or down in Asbury Park?
How does Asbury Park rent compare to other cities in New Jersey?
Which nearby cities are cheaper to rent in than Asbury Park?
At $2,684/mo, rent takes ~43% of Asbury Park's median household income ($75,544/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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