Cheap Apartments for Rent in 07701
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Average Rent Trends in 07701
Rent in 07701 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Oct 2026 compared to the previous month. Rent previously peaked in Sep 2025.
| Month | Average rent |
|---|---|
| Nov 2025 | $2,985 |
| Dec 2025 | $3,000 |
| Jan 2026 | $3,000 |
| Feb 2026 | $3,000 |
| Mar 2026 | $3,000 |
| Apr 2026 | $2,850 |
| May 2026 | $2,850 |
| Jun 2026 | $3,200 |
| Jul 2026 | $3,100 |
| Aug 2026 | $3,400 |
| Sep 2026 | $3,357 |
| Oct 2026 | $3,100 |
Average Rent By Bedroom and Home Type
In November 2026, Houses were the most affordable home type to rent compared with Apartments and Condos and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $2,628 | $3,075 | $3,861 | $6,000 | $3,250 |
| Townhomes | — | $4,800 | $3,500 | — | $4,800 |
| Apartments and Condos | $2,550 | $2,800 | $3,450 | — | $3,200 |
| Houses | $2,125 | $2,550 | $4,200 | $6,000 | $3,075 |
Frequently Asked Questions about Rentals in 07701
- What is the average rent of an apartment in 07701?The average rent of an apartment in 07701 is $3,121 per month. This is about 62% higher than the national average.
- What are the cheapest months to find an apartment to rent in 07701?Last year, the cheapest month to find an apartment to rent was Jan 2025 when it was $2,700 per month.
- How many cheap apartments are available in 07701?There are 32 apartments to rent that are cheaper than the city’s average rent of $3,250.
- When is the average rent most expensive in 07701?In the last year, the average rent in 07701 was highest in Sep 2025 when it was $3,419 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 07701?The average rent of a 1 bedroom apartment in 07701 is $2,628 per month. That is about $828 more than the cost of a studio apartment.
- What are some cities near 07701?Some nearby cities include: Red Bank, Fair Haven, Shrewsbury, Little Silver, Middletown, Lincroft. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 07701 - 67 Rentas | Trulia

Listing information is deemed reliable, but not guaranteed.