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City Report · NJ

Neptune Township

·66th most expensive in New Jersey·One of the pricier rental markets in the US
Median rent (all units)
$2,769/mo
Year-over-Year
+1.3%
Month-over-Month
-1.8%
vs US Median
+$804
Falling (Monthly)
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Most AffordableMost Expensive
Neptune Township · $2,769
More expensive than 86% of US cities · National median $1,965/mo
Rent Reality Score
56/100
Fairly priced
OverheatedFairGreat value

Rents are 3% below what Neptune Township's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,769/mo
Expected by trend
$2,860/mo
The Rent Reality Score compares today's median rent to where Neptune Township's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,340
1 BR
$1,505
2 BR
$1,855
3 BR
$2,470
4 BR+
$2,750
Research median
$1,855/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$33,228/yr
At $2,769/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (up only 1.3% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+1.3% YoY, -1.8% MoM), not inventory.
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2022 vs 2026

How Neptune Township, NJ has changed in 5 years

Rent
$2,294 → $2,769
up 20.7%

Across the past five years, the going rent in Neptune Township, NJ has shifted from $2,294 to $2,769, up 20.7% 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.

Community

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View Neptune Township rent history (2015–2026) →
Salary vs rent

Can you afford rent in Neptune Township on your salary?

At $2,769/mo, how Neptune Township rent compares to typical pay (30% rule).

By apartment size

Neptune Township rent by bedroom count

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

Local insights

Tips for renters in Neptune Township

About renting in Neptune Township, NJ

Last updated: July 20, 2026

The median rent in Neptune Township is $2,769/mo as of July 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 46% of estimated US median household income ($72,000/yr), Neptune Township ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.3% over the past year.

FAQ

Frequently asked questions

Is Neptune Township an affordable city for renters?

Neptune Township is considered stretched for renters. At $2,769/mo, rent takes approximately 46% of the US median household income ($72,000/yr). The standard benchmark is 30%. Neptune Township significantly exceeds that threshold, making it challenging for many renters.

How much income do you need to rent in Neptune Township?

To keep rent at or below 30% of gross income, you would need to earn at least $111,000/year (~$53/hour full-time) to afford the median rent of $2,769/mo in Neptune Township.

Is rent going up or down in Neptune Township?

Rent in Neptune Township has increased 1.3% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Neptune Township neighborhoods have the lowest rent?

The most affordable ZIP codes in Neptune Township are 07756 ($2,558/mo), and 07753 ($3,003/mo). Citywide, the median rent in Neptune Township is $2,769/mo.

How does Neptune Township rent compare to other cities in New Jersey?

Neptune Township is middle-of-the-pack for New Jersey for rent, ranking #66 out of 180 tracked cities at $2,769/mo.

How does Neptune Township rent compare to the national average?

Neptune Township's median rent of $2,769/mo is $804 (41%) above the US national median of $1,965/mo. Within New Jersey, it ranks #66 out of 180 tracked cities.
Income Affordability
46%
STRETCHED

At $2,769/mo, rent takes ~46% of US median household income ($72,000/yr). The standard benchmark is 30%.

Neptune Township 46%Benchmark 30%
State income tax1.4–10.75%
Run the Neptune Township affordability calculator →
Lowest-rent ZIP codes in Neptune Township
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Neptune Township, NJ

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