Cheap Apartments for Rent in 07701
48 rentals
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SPECIAL OFFERPET FRIENDLY$2,370 - $2,895/mo
1-2 Beds
1 BathMolly Pitcher Village Apartments | 183 Branch Ave #207,
Red Bank, NJ 07701
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$3,150 - $4,195/mo1-2 Beds1-2 BathsWest Side Lofts at Red Bank | 1 Bridge Ave #534,
Red Bank, NJ 07701
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PET FRIENDLY$3,500 - $4,495/mo1-2 Beds1-2 BathsRed Bank Standard | 170 Monmouth St #698d49388,
Red Bank, NJ 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 increased in Jun 2026 compared to the previous month. Rent previously peaked in Sep 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $3,000 |
| Aug 2025 | $3,000 |
| Sep 2025 | $3,419 |
| Oct 2025 | $3,111 |
| 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 |
Average Rent By Bedroom and Home Type
In June 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $2,450 | $3,360 | $4,350 | $4,900 | $3,300 |
| Townhomes | — | $3,400 | $5,100 | $4,900 | $4,900 |
| Apartments and Condos | $2,450 | $3,450 | $3,200 | — | $3,200 |
| Houses | $2,175 | $3,300 | $4,900 | — | $3,650 |
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 $2,750 per month. This is about 41% higher than the national average.
- What is the average rent of a house in 07701?The average rent of a house in 07701 is $3,650 per month. This is about 87% higher than the national average.
- What is the average rent of a townhome in 07701?The average rent of a townhome in 07701 is $4,900 per month. This is about 151% higher than the national average.
- When is the average rent cheapest in 07701?In the last year, the average rent in 07701 was lowest in Jan 2025 when it was $2,700 per month.
- 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 $2,450 per month. That is about $350 more than the cost of a studio apartment.
- How many available rental listings are in 07701?There are 44 available rental listings in 07701.
- 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.
Listing information is deemed reliable, but not guaranteed.