Market Summary

Red Bank, Monmouth County, NJ

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Median Home Price Price

$651,967 $652K

Median Monthly Rent Rent

$2,543 $2.5K

GRM

21.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Monmouth County

Region Price Rent GRM Display
$619,468 $2,176 24.0x
$1,013,443 $2,406 35.0x
$565,342 $2,398 20.0x
$592,804 $1,949 25.0x
$506,844 $2,400 18.0x
$593,062 $2,089 24.0x
$568,746 $1,459 32.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NJ outside of Monmouth County

Region Price Rent GRM Display
$731,875 $2,389 26.0x
$565,640 $1,873 25.0x
$843,901 $2,596 27.0x
$793,190 $2,395 28.0x
$564,540 $2,300 20.0x
$840,383 $2,927 24.0x
$620,254 $2,618 20.0x
$864,264 $2,969 24.0x

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
$413,419 $2,566 13.0x
$690,056 $1,857 31.0x
$575,901 $2,521 19.0x
$565,322 $2,007 23.0x
$619,361 $3,048 17.0x
$816,913 $2,681 25.0x
$300,704 $1,083 23.0x
$463,749 $1,501 26.0x
$746,002 $2,445 25.0x
$232,999 $1,084 18.0x
$733,334 $2,789 22.0x
$1,338,350 $2,678 42.0x
$457,515 $2,261 17.0x
$760,134 $2,004 32.0x
$382,566 $1,668 19.0x
$581,998 $2,376 20.0x
$430,140 $1,511 24.0x
$790,016 $1,837 36.0x
$493,475 $1,730 24.0x
$571,311 $2,264 21.0x

Home prices

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Monthly rent

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GRM

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Red Bank

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Trend Insights

Median Rent in Red Bank, NJ is $2,543, with MoM change +$29 and YoY change +$232 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 Red Bank, NJ.

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Metric
Base market Red Bank, NJ
Compare market Select a market
Delta vs base
Median rent
$2,543
N/A
Median price
$651,967
N/A
YoY change
+$232
N/A
Price-to-rent
21.4x
Data unavailable
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