Market Summary

Shrewsbury, Monmouth County, NJ

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Median Home Price Price

$893,721 $893.7K

Median Monthly Rent Rent

$4,444 $4.4K

GRM

17.0x

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
$861,813 $2,021 35.0x
$1,378,464 $4,510 25.0x
$595,165 $2,402 21.0x
$694,470 $1,863 31.0x
$956,151 $3,543 22.0x
$820,892 $3,452 20.0x
$788,292 $2,462 27.0x
$957,500 $876 91.0x
$910,905 $2,404 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
$776,375 $2,704 24.0x
$1,338,439 $4,539 25.0x
$503,364 $2,133 20.0x
$1,168,526 $4,462 22.0x
$437,322 $2,204 17.0x
$1,000,043 $4,443 19.0x
$475,716 $2,189 18.0x
$482,234 $2,271 18.0x

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
$331,299 $1,561 18.0x
$746,341 $3,941 16.0x
$904,201 $2,127 35.0x
$358,303 $1,861 16.0x
$925,080 $4,390 18.0x
$725,859 $3,168 19.0x
$1,050,662 $3,862 23.0x
$562,726 $2,614 18.0x
$585,748 $3,987 12.0x
$488,570 $1,987 20.0x
$1,036,352 $3,366 26.0x
$2,293,133 $4,638 41.0x
$846,130 $2,703 26.0x
$1,405,765 $3,804 31.0x
$1,021,751 $2,858 30.0x
$713,553 $2,219 27.0x
$533,080 $3,638 12.0x
$705,652 $4,315 14.0x
$885,522 $4,450 17.0x
$1,017,483 $1,864 45.0x
$892,196 $1,664 45.0x
$1,351,602 $4,354 26.0x
$356,077 $1,464 20.0x
$733,334 $2,789 22.0x
$698,480 $2,536 23.0x
$3,261,316 $3,835 71.0x
$496,482 $4,046 10.0x
$553,575 $2,742 17.0x

Home prices

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Monthly rent

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GRM

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Shrewsbury

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Trend Insights

Median Rent in Shrewsbury, NJ is $4,444, with MoM change +$44 and YoY change +$315 pointing to positive momentum while volatility is low (std $84).

Benchmark Markets Side by Side

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

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Metric
Base market Shrewsbury, NJ
Compare market Select a market
Delta vs base
Median rent
$4,444
N/A
Median price
$893,721
N/A
YoY change
+$315
N/A
Price-to-rent
16.8x
Data unavailable
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