Rental numbers for the Ocean City, NJ metro
The typical home here runs -$4,228 a month at 7.78% with 25% down. 0 of 2 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 2.7%.
- Gross yield
- 2.9%
- typical home, Zillow
- Median ZIP yield
- 2.7%
- 2 ZIPs with full data
- Cash flow
- -$4,228/mo
- at 7.78%, 25% down
- Typical price
- $806,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,952/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
14 with published figures
| 08230Ocean View | $480,000 | $2,320* | 5.8% | 2.0% | -$1,770 | n/a |
| 08251Villas | $412,000 | $1,960* | 5.7% | 2.4% | -$1,414 | n/a |
| 08270Woodbine | $334,000 | $1,570* | 5.6% | 1.8% | -$1,300 | n/a |
| 08210Cape May Court House | $463,000 | $1,970* | 5.1% | 1.6% | -$1,880 | n/a |
| 08223Marmora | $508,000 | $2,160* | 5.1% | 1.7% | -$2,026 | n/a |
| 08242Rio Grande | $436,000 | $1,750* | 4.8% | 1.1% | -$1,928 | n/a |
| 08260Wildwood | $657,000 | $1,841 | 3.4% | 0.4% | -$3,318 | n/a |
| 08204Cape May | $736,000 | $1,630* | 2.7% | 0.0% | -$3,968 | n/a |
| 08226Ocean City | $1,127,000 | $1,880 | 2.0% | -0.1% | -$6,202 | n/a |
| 08243Sea Isle City | $1,526,000 | $2,210* | 1.7% | -0.1% | -$8,393 | n/a |
| 08248Strathmere | $1,662,000 | $2,280* | 1.7% | -0.6% | -$9,778 | n/a |
| 08212Cape May Point | $1,629,000 | $1,630* | 1.2% | -0.6% | -$9,551 | n/a |
| 08247Stone Harbor | $2,619,000 | $2,030* | 0.9% | -0.8% | -$15,883 | n/a |
| 08202Avalon | $2,781,000 | $1,990* | 0.9% | -0.7% | -$16,645 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +9.3%
- Rent, 12 months
- +10.9%
- Rent minus price growth
- +1.6 pts
- Property tax
- 1.14%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $582,679 | n/a |
| Aug 2022 | $683,154 | n/a |
| Aug 2023 | $692,542 | n/a |
| Aug 2024 | $719,589 | n/a |
| Aug 2025 | $737,525 | $1,760 |
| Aug 2026 | $806,261 | $1,952 |
Counties
- Cape May County, NJ2.7% median yield
Tools
Questions
- Is the Ocean City, NJ metro good for rental property?
- The typical home here runs -$4,228 a month at 7.78% with 25% down. 0 of 2 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 2.7%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Ocean City, NJ metro have the highest rental yield?
- 08260 (Wildwood) at 3.4%, 08226 (Ocean City) at 2.0%, on Zillow value and rent. The full table above sorts by any column.
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.
- 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.
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.