Rental numbers for Monmouth County, NJ
The typical home here runs -$3,679 a month at 7.78% with 25% down. 0 of 23 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.1%.
- Gross yield
- 4.3%
- typical home, Zillow
- Median ZIP yield
- 4.1%
- 23 ZIPs with full data
- Cash flow
- -$3,679/mo
- at 7.78%, 25% down
- Typical price
- $794,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $2,867/mo
- Zillow ZORI, Aug 2026
ZIP codes in Monmouth County
49 with published figures
| 08555Roosevelt | $520,000 | $3,430* | 7.9% | 3.3% | -$1,388 | n/a |
| 07734Keansburg | $427,000 | $2,602 | 7.3% | 2.9% | -$1,276 | n/a |
| 07735Keyport | $521,000 | $2,575 | 5.9% | 1.7% | -$2,066 | n/a |
| 07721Cliffwood | $523,000 | $2,570* | 5.9% | 1.7% | -$2,081 | n/a |
| 07731Howell | $677,000 | $3,274 | 5.8% | 1.9% | -$2,554 | n/a |
| 07753Neptune Township | $603,000 | $2,832 | 5.6% | 1.9% | -$2,297 | +1.6% |
| 07701Red Bank | $738,000 | $3,244 | 5.3% | 1.7% | -$2,950 | +4.2% |
| 07728Freehold | $662,000 | $2,885 | 5.2% | 1.4% | -$2,822 | +2.6% |
| 07732Highlands | $609,000 | $2,633 | 5.2% | 1.3% | -$2,646 | n/a |
| 07747Matawan | $664,000 | $2,635 | 4.8% | 0.8% | -$3,122 | -2.1% |
| 07751Morganville | $887,000 | $3,516 | 4.8% | 1.6% | -$3,634 | n/a |
| 07748Middletown | $802,000 | $3,179 | 4.8% | 1.3% | -$3,483 | n/a |
| 07712Ocean | $770,000 | $2,979 | 4.6% | 1.3% | -$3,323 | +3.9% |
| 07746Marlboro | $903,000 | $3,490* | 4.6% | 1.4% | -$3,792 | n/a |
| 07718Belford | $649,000 | $2,300* | 4.3% | 0.8% | -$3,057 | n/a |
| 07716Atlantic Highlands | $859,000 | $2,945 | 4.1% | 0.8% | -$4,029 | n/a |
| 07719Wall | $846,000 | $2,899 | 4.1% | 1.1% | -$3,811 | +13.6% |
| 07702Shrewsbury | $1,022,000 | $3,490* | 4.1% | 1.2% | -$4,510 | n/a |
| 07726Manalapan Township | $799,000 | $2,620 | 3.9% | 0.7% | -$3,865 | +5.7% |
| 08535Millstone Township | $978,000 | $3,150* | 3.9% | 0.8% | -$4,596 | n/a |
| 07740Long Branch | $848,000 | $2,730 | 3.9% | 0.7% | -$4,058 | +7.9% |
| 07724Eatontown | $717,000 | $2,262 | 3.8% | 0.3% | -$3,662 | n/a |
| 07733Holmdel Township | $1,121,000 | $3,490* | 3.7% | 0.9% | -$5,188 | n/a |
| 07737Leonardo | $681,000 | $1,970* | 3.5% | 0.0% | -$3,651 | n/a |
| 07757Oceanport | $973,000 | $2,760* | 3.4% | 0.5% | -$4,864 | n/a |
| 08510Millstone Township | $980,000 | $2,770* | 3.4% | 0.4% | -$4,931 | n/a |
| 08514Cream Ridge | $738,000 | $2,060* | 3.4% | -0.0% | -$4,002 | n/a |
| 07730Hazlet Township | $635,000 | $1,740* | 3.3% | -0.5% | -$3,689 | n/a |
| 08501Allentown | $743,000 | $2,000* | 3.2% | -0.1% | -$4,084 | n/a |
| 07764West Long Branch | $1,016,000 | $2,730* | 3.2% | 0.2% | -$5,330 | n/a |
| 07758Port Monmouth | $638,000 | $1,660* | 3.1% | -0.2% | -$3,564 | n/a |
| 08730Brielle | $1,345,000 | $3,470* | 3.1% | 0.4% | -$6,810 | n/a |
| 07722Colts Neck Township | $1,372,000 | $3,490* | 3.0% | 0.4% | -$6,886 | n/a |
| 07762Spring Lake | $1,513,000 | $3,807 | 3.0% | 0.5% | -$7,552 | +23.8% |
| 08736Manasquan | $1,243,000 | $3,089 | 3.0% | 0.3% | -$6,364 | n/a |
| 07727Farmingdale | $838,000 | $2,070* | 3.0% | -0.2% | -$4,630 | n/a |
| 07750Monmouth Beach | $1,183,000 | $2,920* | 3.0% | 0.4% | -$5,956 | n/a |
| 07739Little Silver | $1,207,000 | $2,970* | 2.9% | 0.4% | -$6,120 | n/a |
| 07756Neptune Township | $941,000 | $2,304 | 2.9% | 0.1% | -$4,986 | n/a |
| 07755Oakhurst | $1,095,000 | $2,583 | 2.8% | 0.0% | -$5,896 | n/a |
| 08720Allenwood | $1,034,000 | $2,310* | 2.7% | -0.1% | -$5,668 | n/a |
| 07720Bradley Beach | $1,138,000 | $2,293 | 2.4% | -0.1% | -$6,209 | n/a |
| 07704Fair Haven | $1,615,000 | $2,690* | 2.0% | -0.4% | -$9,206 | n/a |
| 07760Rumson | $1,913,000 | $3,068 | 1.9% | -0.2% | -$10,567 | n/a |
| 07717Avon by the Sea | $1,883,000 | $2,500 | 1.6% | -0.4% | -$10,727 | n/a |
| 07738Lincroft | $1,075,000 | $1,230* | 1.4% | -1.2% | -$6,876 | n/a |
| 08750Sea Girt | $2,589,000 | $2,720* | 1.3% | -0.7% | -$15,474 | n/a |
| 07711Allenhurst | $2,549,000 | $2,350* | 1.1% | -1.0% | -$15,803 | n/a |
| 07723Deal | $4,535,000 | $1,860* | 0.5% | -1.2% | -$29,137 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +6.5%
- Rent, 12 months
- +4.0%
- Rent minus price growth
- -2.5 pts
- Property tax
- 1.65%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $570,512 | $2,214 |
| Aug 2022 | $648,437 | $2,446 |
| Aug 2023 | $673,985 | $2,512 |
| Aug 2024 | $729,082 | $2,656 |
| Aug 2025 | $745,530 | $2,757 |
| Aug 2026 | $793,713 | $2,867 |
HUD Fair Market Rent
FY2027, Monmouth-Ocean, NJ HUD Metro FMR Area
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $1,671 | $1,847 | $2,283 | $2,927 | $3,241 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 10.4
- 2,625 units, last 12 months
- National percentile
- 73th
- among US counties
Tools
Test a listing in Monmouth County against today's rate.
Open the calculatorPart of the New York, NY metro.
Questions
- Is Monmouth County good for rental property?
- The typical home here runs -$3,679 a month at 7.78% with 25% down. 0 of 23 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.1%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Monmouth County?
- About 1.65% of value, from Census ACS median taxes paid over median home value. On a $794,000 home that is about $13,096 a year.
- What is Fair Market Rent in Monmouth County?
- HUD's FY2027 Fair Market Rent here is $1,847 for a 1-bedroom, $2,283 for a 2-bedroom and $2,927 for a 3-bedroom. Typical cash flow at today's rate is -$3,679 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.