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Rent by ZIP · Monmouth County

Rent in Red Bank, NJ 07701

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,620 (-1.5% vs FY2026). Renters in this ZIP code pay a median $2,019 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,920$1,9200%$1,728–2,112$1,391 ±$173
1 bedroom$2,120$2,160-1.9%$1,908–2,332$1,597 ±$213
2 bedrooms$2,620$2,660-1.5%$2,358–2,882$2,116 ±$126
3 bedrooms$3,360$3,480-3.4%$3,024–3,696$3,116 ±$401
4 bedrooms$3,720$3,850-3.4%$3,348–4,092$2,381 ±$308

Small Area FMRs for the Monmouth-Ocean, NJ HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Monmouth-Ocean, NJ HUD Metro FMR Area, 2 bedrooms: $2,283.

What renters pay in 07701

Median gross rent$2,019±$174 · all sizes
Renter households3,72335% of occupied homes
No cash rent51households

How rents are spread

Under $1,00011%
$1,000–1,49913%
$1,500–1,99925%
$2,000–2,49920%
$2,500–2,9999%
$3,000–3,4997%
$3,500+14%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
07702Shrewsbury$3,420–
07704Fair Haven$3,420–
07711Allenhurst$2,430$2,283
07712Asbury Park$2,310$1,841
07716Atlantic Highlands$2,540$2,180
07717Avon By The Sea$2,380$2,225

Fair Market Rents across Monmouth County, NJ · All NJ counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.