Average Rent in Cape May, NJ and Rent Price Trends

Rent trends in Cape May, NJ

Average rent prices in Cape May have increased by 10% over the last month.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Cape May, NJ

Rent prices in Cape May vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Cape May is $1,825, whereas a house costs $4,450. 1-bedroom apartments in Cape May run $2,000 on average, while 2-bedroom apartments are $2,200.


Studio	$5,000	101%	-
1 bedroom	$1,600	No Change	-
2 bedroom	$2,200	5%	-
3 bedroom	$3,900	No Change	-
4 bedroom	$100,000	67%	-


Apartments	$1,825	3%	No Change
Condos	$2,874	-	-
Houses	$4,450	47%	No Change

Studio

Average rent

$5,000

Last 30 days

101%

1 bedroom

Average rent

$1,600

2 bedroom

Average rent

$2,200

Last 30 days

3 bedroom

Average rent

$3,900

4 bedroom

Average rent

$100,000

Last 30 days

67%

The table above reflects average rent prices in Cape May, NJ, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Cape May, NJ compare to other cities?

Compare median rent prices in Cape May and Camden by all bedroom counts and property types.

Cape May

Median rent price$2,300

18%

higher than the national median

Median rent price$2,084

higher than the national median

Takeaway

The median rent for all rentals in Cape May, NJ is 10% higher than the median rent in Camden, DE.

Average rent in nearby cities

Explore rent trends in neighboring markets

$2,084

$1,900

$2,250

$2,075

$2,225

$1,999

$1,809

$2,800

$5,350

$10,575

$1,532

$2,100

Discover rentals in Cape May, NJ

4d ago

8.6

Very good

Townbank Manor

620 Town Bank Rd, Cape May, NJ 08204

1–2 beds

1 bath

$2,000–$2,300

Apartment for rent

5d+ ago

House for rent in Cape May

923 Washington St #104, Cape May, NJ 08204

2 beds

1 bath

$2,900

$2,700

Price drop

House for rent

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Frequently asked questions for Cape May, NJ

Quick answers to common questions about the Cape May rental market.

How much is rent in Cape May?

The average rent in Cape May is $2,300 per month as of June 13, 2026.

Is rent up or down in Cape May?

Average rent prices in Cape May have increased by 10% over the last month.

How does Cape May rent compare to the national average?

Rent in Cape May is 18% above the national average, which means renters are paying approximately $350 more per month.

What salary do I need to afford rent in Cape May?

To comfortably afford rent in Cape May, you'd need to earn approximately $92,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).