Rents are 5% below what Neptune Township's 10-year trend predicts — a better deal than its own history suggests.
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 $2,728 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: August 17, 2026
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How Neptune Township, NJ has changed in 5 years
Across the past five years, the going rent in Neptune Township, NJ has shifted from $2,294 to $2,728, up 18.9% since 2022. Taken together, the five-year picture in Neptune Township, NJ reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.
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Can you afford rent in Neptune Township on your salary?
At $2,728/mo, how Neptune Township rent compares to typical pay (30% rule).
Neptune Township rent by bedroom count
Median rent for each apartment size in Neptune Township. Click any size for full breakdown.
Tips for renters in Neptune Township
Last updated: August 17, 2026
The median rent in Neptune Township is $2,728/mo as of August 2026. A studio apartment averages $1,340/mo while a 2-bedroom runs $1,855/mo. One-bedroom apartments average $1,505/mo and 3-bedroom units go for $2,470/mo.
At 45% of estimated US median household income ($72,000/yr), Neptune Township ranks as moderate compared to the national benchmark of 30%. Rents have decreased 0.2% over the past year.
Frequently asked questions
Is Neptune Township an affordable city for renters?
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Is rent going up or down in Neptune Township?
Which Neptune Township neighborhoods have the lowest rent?
How does Neptune Township rent compare to other cities in New Jersey?
How does Neptune Township rent compare to the national average?
At $2,728/mo, rent takes ~45% of US median household income ($72,000/yr). The standard benchmark is 30%.
How does this area stack up?
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Estimated from ZIP-level data
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