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Frequently asked questions

What is the average rent in Cape May, NJ?

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

What type of rental buildings are in Cape May, NJ?

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.

What do typical apartment communities look like in Cape May, NJ?

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.

What apartment floorplans are common in Cape May, NJ?

Studio apartments in Cape May are around 14% of rentals, while 1-bedroom floor plans represent 66% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 20% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.