No rentals found near Cape May, NJ

The average rent in Cape May, NJ is $1,483.

In Cape May 35% of the housing is rented out compared to 65% of homes are owned, according to the most recent Census Bureau estimates. 37% of Cape May's apartments are found in large buildings of 50 units or more, 45% are located in smaller apartment complexes with less than 50 units, and 17% are single-family rentals.

The average age of rental buildings in Cape May is 42 years old, with 26% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 4 stories, of which 69% are garden-style apartment communities, 31% are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Cape May come in a range of sizes and floorplans. Studio apartments represent 14% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 66% of the total apartments in the city, while 2-bedroom floorplans represent around 20% of all rentals in Cape May. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.