Studio Rent · July 2026

Studio Apartment Rent in Monroe Township, NJ

$1,460/mo

Median asking rent for a studio apartment in Monroe Township, New Jersey as of July 2026. That's +50% lower than the citywide median of $2,927 and +13% above the national studio median of $1,290.

Studio median
$1,460
July 2026
vs city overall
-50%
$2,927 city median
vs national
+13%
$1,290 US median
New Jersey rank
#55
of 172 cities

Income needed for a studio in Monroe Township

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a studio at the current median rent.

Annual income
$58,400
Monthly gross
$4,867
Hourly (full-time)
$28.08

Rent by apartment size in Monroe Township

Compare Monroe Township's median rent across every apartment size.

Studio (current)
$1,460
1-Bedroom
$1,650
2-Bedroom
$2,070
3-Bedroom
$2,490
4+ Bedroom
$2,740

Cheapest cities for a studio in New Jersey

#CityStudio rent
1Clementon$862
2Camden$1,080
3Atlantic City$1,090
4Audubon$1,100
5Pleasantville$1,120
6West Deptford Township$1,120
7Bellmawr$1,130
8Vineland$1,170
9Millville$1,180
10Seaside Heights$1,210
11Lakewood$1,230
12Passaic$1,230
13Somerdale$1,230
14Belmar$1,240
15Guttenberg$1,271

Most expensive cities for a studio in New Jersey

#CityStudio rent
1Hoboken$3,000
2Secaucus$2,560
3Weehawken$2,430
4Edgewater$2,340
5Cresskill$2,340
6Mount Arlington$2,330
7Morris Plains$2,330
8Livingston$2,330
9East Hanover Township$2,330
10Cedar Knolls$2,330
11Pine Brook$2,260
12South Orange$2,250
13Chatham$2,240
14Morristown$2,230
15Jersey City$2,217

Nearby cities — studio rent

Considering nearby alternatives? 3 of these cities have cheaper studio rents than Monroe Township.

CityDistanceStudio rentvs Monroe Township
Old Bridge, NJ8.5 mi$1,450$-10 (-1%)
North Brunswick, NJ9.1 mi$1,630+$170 (+12%)
Monmouth Junction, NJ9.6 mi$1,610+$150 (+10%)
Freehold, NJ11.8 mi$1,620+$160 (+11%)
Morganville, NJ11.9 mi$2,170+$710 (+49%)
Parlin, NJ13 mi$1,450$-10 (-1%)
Matawan, NJ13.8 mi$1,680+$220 (+15%)
Somerset, NJ14.1 mi$1,610+$150 (+10%)
South Amboy, NJ14.5 mi$1,450$-10 (-1%)
Jackson, NJ15.3 mi$1,520+$60 (+4%)
Metuchen, NJ16.2 mi$1,790+$330 (+23%)
Iselin, NJ19 mi$1,750+$290 (+20%)

Studio rent in Monroe Township — common questions

How much is a studio apartment in Monroe Township?

As of July 2026, the median studio apartment rent in Monroe Township, New Jersey is $1,460 per month. This is +50% below the citywide median of $2,927.

What income do you need to afford a studio in Monroe Township?

Using the standard 30% rent-to-income rule, you would need an annual income of about $58,400 ($4,867/month gross), which works out to roughly $28.08/hour at a full-time job.

Is Monroe Township expensive for a studio compared to the rest of the US?

Monroe Township's studio median of $1,460 is +13% above the national studio median of $1,290. It ranks in the 63th percentile of US cities tracked.

How does Monroe Township rank for studio rent in New Jersey?

Among the 172 cities in New Jersey with studio data, Monroe Township ranks #55 from cheapest to most expensive.

Are there cheaper studio options near Monroe Township?

Yes — nearby cities with cheaper studio rents include Old Bridge ($1,450), Parlin ($1,450), South Amboy ($1,450).

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Monroe Township, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (July 2026) and exclude cities with median rent below $400 or above $20,000.