Market Summary

Avenel, Middlesex County, NJ

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Median Home Price Price

$514,006 $514K

Median Monthly Rent Rent

$2,441 $2.4K

GRM

18.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Middlesex County

Region Price Rent GRM Display
$512,395 $1,792 24.0x
$511,974 $2,436 18.0x
$515,022 $2,501 17.0x
$554,968 $2,412 19.0x
$573,477 $2,630 18.0x
$523,298 $2,472 18.0x
$467,214 $2,724 14.0x
$518,718 $1,809 24.0x
$515,698 $2,154 20.0x
$527,240 $2,716 16.0x
$509,567 $2,119 20.0x
$525,653 $2,088 21.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NJ outside of Middlesex County

Region Price Rent GRM Display
$508,125 $2,305 18.0x
$526,912 $2,401 18.0x
$632,115 $2,586 20.0x
$731,875 $2,389 26.0x
$518,184 $2,290 19.0x
$505,961 $2,290 18.0x
$302,789 $1,635 15.0x
$521,668 $2,411 18.0x
$363,149 $1,984 15.0x
$1,148,667 $2,417 40.0x
$620,592 $2,289 23.0x
$553,569 $2,674 17.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of NJ

Region Price Rent GRM Display
$575,901 $2,521 19.0x
$362,056 $1,835 16.0x
$199,307 $1,128 15.0x
$413,419 $2,566 13.0x
$1,144,343 $2,313 41.0x
$254,573 $1,120 19.0x
$817,633 $1,775 38.0x
$434,398 $2,436 15.0x
$299,704 $1,302 19.0x
$428,914 $1,869 19.0x
$312,445 $1,525 17.0x
$245,051 $1,120 18.0x
$421,886 $2,401 15.0x
$639,232 $1,311 41.0x
$190,987 $913 17.0x

Home prices

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Monthly rent

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GRM

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Avenel

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Trend Insights

Median Rent in Avenel, NJ is $2,441, with MoM change +$29 and YoY change +$235 pointing to positive momentum while volatility is low (std $60).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Avenel, NJ.

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Metric
Base market Avenel, NJ
Compare market Select a market
Delta vs base
Median rent
$2,441
N/A
Median price
$514,006
N/A
YoY change
+$235
N/A
Price-to-rent
17.5x
Data unavailable
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