What is the average apartment size in Red Bank?

The average size for a Red Bank, NJ apartment is 760 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Red Bank?

As of Apr / 2026, the average rent in Red Bank is $2,596 per month, a 3.31% increase from last years average of $2,513.

What is the average apartment size in Red Bank?

The typical apartment in Red Bank offers about 760 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

Red Bank, NJ Rental Market Trends

Q: What's the typical rent budget in Red Bank?

The typical rent budget in Red Bank ranges from $2,501 to $3,000 per month, with 27% of rentals in this range.

Q: Do most people rent or own in Red Bank?

In Red Bank, 35% of households rent while 65% own their homes, based on the latest U.S. Census data.

Last updated: June 02, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Red Bank is $2,596, a 3.31% increase compared to the previous year, when the average rent was $2,513.

One-bedroom apartments provide 641 square feet for $2,244, balancing privacy and affordability.

Two-beedroom units at $3,036 offer 905 square feet, perfect for roommates or small families.

Average rent in Red Bank, NJ

Last updated: June 02, 2026

	Average Rent	Average Apartment Size
All Rentals	$2,596	760 sq. ft.
Studio	n/a	n/a
1 Bed	$2,244	641 sq. ft.
2 Beds	$3,036	905 sq. ft.
3 Beds	n/a	n/a

Red Bank, NJ rent trends

Rental prices in Red Bank, NJ have increased by 3.31% over the past year. The average rent moved from $2,513 to $2,596.

What's the typical rent budget in Red Bank, NJ?

The largest share of rentals in Red Bank, NJ (27%) fall between $2,501-$3,000 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Red Bank, NJ?

617 or 35% of the households in Red Bank, NJ are renter-occupied while 1,158 or 65% are owner-occupied.

How Red Bank Compares to Other Cities

City	Average Rent
Red Bank	$2,596
Jersey City	$3,688
Jersey Shore	$2,161
Newark	$1,722
East Orange	$1,894
Bayonne	$2,580
Elizabeth	$1,855
Paterson	$1,718
Hoboken	$4,500
Camden	$1,461
New Brunswick	$2,529
Eatontown	$2,133
Matawan	$2,217
Sayreville	$1,961

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Red Bank apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.