Rental market snapshot for Red Bank, New Jersey

Red Bank, New Jersey Rental Property Market Overview

Red Bank, New Jersey is a small city located in Monmouth County with a population of 12,920 as of 2021, according to the US Census. It is a vibrant city with a bustling downtown area, a variety of restaurants, and a lively arts and culture scene. Red Bank is also home to several parks, a marina, and a waterfront boardwalk. The city is known for its diverse population and its commitment to preserving its historic architecture.

The average rent for an apartment in Red Bank is $2,271. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Red Bank New Jersey | Cost of Living

  • The most expensive ZIP code in Red Bank is 07701 with an average price of $2,535.
  • The cheapest ZIP code in Red Bank is 07701 with an average price of $2,535.

Red Bank ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
107701$2,535

Live near Red Bank, New Jersey's Top Sights and Attractions

Mohawk Pond Park is a scenic outdoor destination located in the heart of New Jersey. Visitors can enjoy a variety of activities, including fishing, boating, and picnicking. The park features a large pond surrounded by lush greenery and a variety of wildlife. There are also several walking trails that wind through the park, offering visitors a chance to take in the natural beauty of the area. The park also features a playground and a pavilion, making it a great spot for families to spend the day.

Marine Park is a scenic waterfront park located in Red Bank, New Jersey. It offers a variety of recreational activities for visitors, including a fishing pier, a playground, and a walking path. The park also features a picnic area, a gazebo, and a boat launch. Visitors can enjoy stunning views of the Navesink River and the surrounding area from the park's elevated boardwalk. The park is also home to a variety of wildlife, including birds, fish, and turtles.

Long Branch Marine Park is a scenic waterfront park located on the banks of the Navesink River. It features a variety of recreational activities, such as a fishing pier, a boat launch, and a playground. Visitors can also enjoy a picnic area, a walking path, and a beach area with stunning views of the river. The park is a great spot for bird watching, as it is home to a variety of species. In addition, the park is a popular spot for kayaking, canoeing, and paddle boarding.

Riverside Gardens Park is a picturesque park located along the banks of the Navesink River. It features a large open lawn, a playground, and a variety of walking paths. Visitors can enjoy stunning views of the river and the surrounding area, as well as a variety of activities such as fishing, kayaking, and bird watching. The park also features a variety of amenities, including picnic tables, benches, and a gazebo. In addition, the park is home to a variety of wildlife, including ducks, geese, and other waterfowl.

Eastside Park is a scenic waterfront park located on the banks of the Navesink River. It features a large grassy area, perfect for picnics and outdoor activities, as well as a boardwalk that runs along the river. The park also has a playground, basketball court, and a fishing pier. Visitors can enjoy stunning views of the river and the surrounding area, as well as a variety of wildlife.

The Northeast Shipwreck Museum & Research Foundation is a unique attraction located in Red Bank, New Jersey. It is dedicated to preserving the history of shipwrecks in the region and educating visitors about the maritime history of the area. The museum features a variety of artifacts, including shipwrecked vessels, recovered artifacts, and interactive exhibits. Visitors can explore the museum's collection of shipwrecked vessels, learn about the history of the region's shipwrecks, and even take part in hands-on activities. The museum also offers educational programs and workshops for visitors of all ages.

Poricy Park Conservancy is a nature preserve located in Red Bank, New Jersey. It features over 350 acres of natural beauty, including woodlands, wetlands, and meadows. Visitors can explore the park's trails, which wind through the different habitats, and observe the diverse wildlife. The park also offers educational programs, such as guided hikes and nature walks, as well as special events throughout the year. With its picturesque views and abundant wildlife, Poricy Park Conservancy is a great place to explore and appreciate nature.

Red Bank, New Jersey area median rent change by ZIP code map

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How does Red Bank compare to other cities in New Jersey?

citymedian price
Dumont$3,355
Little Egg Harborship$2,625
East Rutherford$2,400
Ewingship$2,325
Mahwahship$2,250
Pine Hill$2,125
Pennsaukenship$1,792
South Bound Brook$1,730

Average household income in Red Bank area graph - US Census

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The median household income in Red Bank in 2021 was $80,781. This represents a 30.0% change from 2011 when the median was $62,143.

#categorypercent
0Less than $10,0004.2%
1$10,000 to $14,9991.8%
2$15,000 to $19,9996.7%
3$20,000 to $24,9992.5%
4$25,000 to $29,9994.7%
5$30,000 to $34,9992.5%
6$35,000 to $39,9996.9%
7$40,000 to $44,9994.6%
8$45,000 to $49,9991.9%
9$50,000 to $59,9995.1%
10$60,000 to $74,9998.1%
11$75,000 to $99,99911.5%
12$100,000 to $124,9999.2%
13$125,000 to $149,9996.8%
14$150,000 to $199,99910.5%
15$200,000 or more13.0%

Neighborhoods in Red Bank

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Red Bank is $2,271.
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