Ocean City, NJ has a population of 11,328, while the median age is 53. The household income in Ocean City, NJ is around $72,715. The homeownership rate among the residents is 68%. The median residential property value in Ocean City, NJ that you should keep in mind is $567,700.
Population | 11,328 |
Median Age | 53.2 |
Poverty Rate | 9% |
Household Income | $72,715 |
Number Of Employees | 4,961 |
Median Property Value | $567,700 |
Rent Price | Jul | vs Last Month |
---|---|---|
2 bed rentals | $1,100 | -52.1% |
3 bed rentals | $1,562 | N/A |
4+ bed rentals | $6,375 | +97.8% |
Over the Jul 2022, the average rent for an apartment in/near Ocean City, NJ increased by 39.8% to $4,246.
Pricing for 2-bed apartment also decreased by 52.1% and a place of this size will now cost you $1,100. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $1,562. We tend to note the rise of 4- and more bed apartment pricing. It increased by 97.8% and made it up to $6,375.
Rent Type Price | Jul | vs Last Month |
---|---|---|
House rentals | $5,750 | +78.4% |
Condo rentals | $1,625 | -29.2% |
Apartment rentals | $1,100 | N/A |
Townhouse rentals | $4,000 | N/A |
Looking at the median rent price for an apartment in Ocean City, NJ, you can note that it remains flat with a price tag of $1,100. Statistics show that house rent price increased by 78.4% this month making it up to $5,750. Condos faced an upward trend these days. The median rent for a condo decreased by 29.2%, it’s now available for $1,625. Townhouse rent pricing didn’t change, the price still starts at $4,000.