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Avalon, NJ Home for Rent

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    $2,800 Per Month

    • 2 Beds
    • 2 Baths
    • 930 Sq Ft
    • Condo for Rent

    700 First Ave Unit 317, Avalon, NJ 08202

    Welcome to this well-maintained apartment located in Newark’s highly sought-after Ironbound neighborhood. This inviting residence offers a comfortable and functional layout with bright living spaces, modern conveniences, and easy access to everything the area has to offer.The spacious living and dining areas provide a warm and welcoming atmosphere, enhanced by large windows that fill the

    700 First Ave Unit 317, Avalon, NJ 08202

Why Live in Avalon

Avalon, NJ, is a prominent beach resort town known for its pristine oceanfront and vibrant community. Originally a retreat for wealthy Philadelphians in the early 1900s, Avalon has evolved into a popular destination for homebuyers from North Jersey, New York, Washington, D.C., and western Pennsylvania. The town boasts excellent beaches with a gentle slope, ideal for all ages, and a scenic 11-block boardwalk lined with cafes. Avalon offers numerous attractions, including free beach access after Labor Day, private boat ramps along the backwaters, and recreational facilities such as baseball diamonds, tennis courts, and playgrounds. The housing stock ranges from mid-20th century beachfront homes to modern condos, many with raised foundations to mitigate flooding risks. Dune Drive is the main retail area, featuring boutique stores, restaurants, and the longstanding Avalon SuperMarket. Notable dining spots include Black Cactus and the year-round Princeton Bar and Grill. Education is served by highly rated Stone Harbor Elementary School, Avalon Elementary School, and Middle Township High School, which offers diverse extracurricular programs. The Garden State Parkway connects Avalon to nearby attractions, with Wildwood 17 miles south and Philadelphia 75 miles away.

Frequently Asked Questions

How much does it cost to rent a home in Avalon, NJ?
The median rent for a home in Avalon, NJ is $2,800 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Avalon, NJ?
To comfortably afford the median rent in Avalon, NJ, a household needs to earn roughly $112,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,800 per month in Avalon, NJ, renters typically need to show $8,400 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Avalon, NJ?
In Avalon, NJ, the price-to-rent ratio is 86.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Avalon, NJ are best for renting a home?
The best neighborhood for renting in Avalon, NJ depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include The Wildwoods, Lower Chelsea, Chelsea, Venice Park and Downtown Atlantic City, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$2,800
Median Condo Rent
$2,800
How to Rent a Home