Shenandoah Arms, LLC
1014 Wall Rd,
Spring Lake, NJ 07762
1 Bed | $1,885 - $2,320
Rental Market Trends in Spring Lake, NJ
What is the average rent in Spring Lake, NJ?
$2,002/month
Average Rent
790 Sq Ft
Average Apartment Size
+4.2%
Increase in the Last Year
As of December 2024, the average rent in Spring Lake, NJ is $2,002 per month. This is 28% higher than the national average rent price of $1,560/month, making Spring Lake one of the most expensive cities in the US. When you rent an apartment in Spring Lake, you can expect to pay about per month for a studio, $2,002 for a one-bedroom apartment, and around $2,392 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,456 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Spring Lake, NJ?
In the past year, rent has increased by 4.2%, which averages out to $85 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Spring Lake, NJ
Last Updated December 2024
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
12%
$1,001 - $1,500/month
25%
$1,501 - $2,000/month
62%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Spring Lake?
Based on current rent prices, Spring Lake Heights is the most affordable neighborhood in Spring Lake.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Spring Lake?
Based on current rent prices, Spring Lake Heights is the most expensive neighborhood in Spring Lake.
Neighborhood
Average Rent
Average Sq Ft
Which Spring Lake neighborhoods have the most rentals available?
The neighborhood in Spring Lake with the most apartments available is Spring Lake Heights .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Spring Lake, NJ?
Because the average rent in Spring Lake is $2,002, you’ll want to make about $6,673 per month or $80,076 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Spring Lake, NJ compare to other nearby cities and neighborhoods?
Use the tool below to compare Spring Lake, NJ to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
-
One Bedroom
$2,037/month
$2,037/month
Two Bedroom
$2,381/month
$2,381/month
Three Bedroom
-
-
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.