Rents are right about where Neptune Township'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 $2,461 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 Neptune Township is at its highest level since Zillow's records here began in December 2021.
Rent in Neptune Township changed +5.8% over the year to September 2026. Across the 121 New Jersey cities Zillow tracks, the typical change was +3.1%.
Rent has risen 3 months in a row, and rose in 10 of the last 12 months.
Highlands, 15 miles away, rents for 11% less ($2,181/mo), about $3,400 a year in savings.
From Zillow's monthly rent index (ZORI) for Neptune Township.
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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 $1,956 to $2,461, up 25.8% 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.
Discussions about Neptune Township
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Can you afford rent in Neptune Township on your salary?
At $2,461/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: October 17, 2026
The median rent in Neptune Township is $2,461/mo as of October 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 41% of estimated US median household income ($72,000/yr), Neptune Township ranks as moderate compared to the national benchmark of 30%. Rents have increased 5.8% over the past year.
Frequently asked questions
How much income do you need to rent in Neptune Township?
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?
At $2,461/mo, rent takes ~41% of US median household income ($72,000/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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