What's the average rent in Cape May, NJ?

Rental Market Trends in Cape May, NJ

SOURCE: TRULIA DATA

Rental market highlights

As of July 2026, the average rent in Cape May, NJ is $2,595 per month, which is 32% higher than the national average rent of $1,965 per month.

AVERAGE RENT

$2,595
-10.5%
-$305 decrease month-over-month
8.1%
$195 increase year-over-year

AVAILABLE RENTALS

5

APARTMENTS

HOUSES

TOWNHOUSES

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$2,000
2 Bedrooms$2,595
3 Bedrooms$2,500
4 Bedrooms
All$2,595
As of July 2026, the average rent for a 1 bedroom rental in Cape May, NJ is $2,000 per month, followed by $2,595 for a 2 bedroom rental, and $2,500 for a 3 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has increased by +4% compared to the previous year, which is a +$100 increase.
This year (2026)
Last year (2025)

Rent distribution

82% of rentals have rent of $2,200-$2,999/month

Rental price range

The price range for rentals is $2,400 to $5,000.
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