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City Report · NJ

Eatontown

Pop. 13,575·142nd most expensive in New Jersey·Rental market data updated monthly for Eatontown, NJ
Median rent (all units)
$2,199/mo
Year-over-Year
Stable
Month-over-Month
-0.8%
vs US Median
+$237
Falling (Monthly)
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Most AffordableMost Expensive
Eatontown · $2,199
More expensive than 69% of US cities · National median $1,962/mo
Affordability
29% of income
AFFORDABLE
0%30% benchmark60%+

At $2,199/mo, rent takes about 29% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$88,000/yr
Local median income
$90,463/yr
Based on the 30%-of-income rule using Eatontown's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,340
1 BR
$1,500
2 BR
$1,850
3 BR
$2,460
4 BR+
$2,740
Fair Market Rent (HUD)
$1,850/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,199 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 →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$26,388/yr
At $2,199/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, -0.8% MoM), not inventory.
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Demographics

Who lives here

Eatontown, NJ is majority owner-occupied, has a large retiree population, has a median income above the national average, 37.9% of residents hold a bachelor's degree or higher.

Population
13,575
Median income
$90,463
Median age
49
Renters
41.9%
Age distribution
17.7%
19%
24.8%
15.5%
23%
Under 1817.7%
18–3419%
35–5424.8%
55–6415.5%
65+23%
Gender
43.3%
56.7%
Male43.3%
Female56.7%
Race & ethnicity
62.3%
14.5%
White62.3%
Black10.6%
Hispanic11.3%
Asian14.5%
Other1.2%
Education (25+)
26.8%
27.6%
37.9%
No HS diploma7.7%
HS diploma26.8%
Some college27.6%
Bachelor's+37.9%
Housing tenure
58.1%
41.9%
Owner58.1%
Renter41.9%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Eatontown, NJ has changed in 5 years

Income
$83,561 → $90,463
up 8.3%
Population
13,446 → 13,575
up 1.0%
Renter share
44.6% → 41.9%
-2.7 pts
Bachelor's+
44.7% → 37.9%
-6.8 pts
Median age
40.3 → 49
+8.7 yrs

Census figures show median household income at $90,463 today, compared with $83,561 five years earlier. Census counts show Eatontown, NJ adding about 129 residents over the five-year window, up 1.0% on net. The renter share has eased from 44.6% to 41.9%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 44.7% to 37.9% across the same window.

Community

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View Eatontown rent history (2015–2026) →
Salary vs rent

Can you afford rent in Eatontown on your salary?

At $2,199/mo, how Eatontown rent compares to typical pay (30% rule).

By apartment size

Eatontown rent by bedroom count

Median rent for each apartment size in Eatontown. Click any size for full breakdown.

Local insights

Tips for renters in Eatontown

About renting in Eatontown, NJ

Last updated: August 17, 2026

The median rent in Eatontown is $2,199/mo as of August 2026. A studio apartment averages $1,340/mo while a 2-bedroom runs $1,850/mo. One-bedroom apartments average $1,500/mo and 3-bedroom units go for $2,460/mo.

At 29% of local median household income ($90,463/yr), Eatontown ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Eatontown an affordable city for renters?

Eatontown is considered affordable for renters. At $2,199/mo, rent takes approximately 29% of the local median household income ($90,463/yr). The standard benchmark is 30%. Eatontown falls comfortably within that range.

How much income do you need to rent in Eatontown?

To keep rent at or below 30% of gross income, you would need to earn at least $88,000/year (~$42/hour full-time) to afford the median rent of $2,199/mo in Eatontown. The local median household income is $90,463/yr, meaning the typical Eatontown household meets that threshold.

Is rent going up or down in Eatontown?

Rent in Eatontown has been relatively stable over the past year, with a 0.0% change year over year as of August 2026.

How does Eatontown rent compare to other cities in New Jersey?

Eatontown is one of the more affordable cities in New Jersey for rent, ranking #142 out of 183 tracked cities at $2,199/mo.

What percentage of Eatontown residents rent vs. own?

According to Census data, approximately 41.9% of Eatontown households are renters, while 58.1% are owner-occupied. Eatontown leans toward homeownership, which can mean a smaller rental inventory.

How does Eatontown rent compare to the national average?

Eatontown's median rent of $2,199/mo is $237 (12%) above the US national median of $1,962/mo. Within New Jersey, it ranks #142 out of 183 tracked cities.
Income Affordability
29%
AFFORDABLE

At $2,199/mo, rent takes ~29% of Eatontown's median household income ($90,463/yr). The standard benchmark is 30%.

Eatontown 29%Benchmark 30%
State income tax1.4–10.75%
Run the Eatontown affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Eatontown, NJ

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