5

Newest Homes for Rent in Cape May, NJ

Section Image
  • /5

    $2,900 Per Month

    • 2 Beds
    • 1 Bath
    • 12,864 Sq Ft
    • Condo for Rent

    923 Washington St Unit 104, Cape May, NJ 08204

    Bright and inviting 1st-floor 2-bedroom, 1-bath unit located in beautiful Cape May. This unit features plenty of natural light, creating a comfortable and functional living space just minutes from the beach, shops, and restaurants. Residents also enjoy on-site laundry and a designated storage closet. Please note: Photos shown are not of the exact unit. Since each unit varies slightly, the photos

    Christopher Lombardi Glen Mary Real Estate LLC

    923 Washington St Unit 104, Cape May, NJ 08204
  • /20

    Starting at $2,000 Per Month

    • 1 - 2 Beds

    620 Town Bank Rd, Cape May, NJ 08204

    Townbank Manor

    (609) 920-1498

    620 Town Bank Rd, Cape May, NJ 08204
  • /69

    $9,202

    Total Monthly Price

    • 3 Beds
    • 3 Baths
    • 1,797 Sq Ft
    • Condo for Rent

    710 Lighthouse Ave Unit SI ID1309008P, Cape May, NJ 08204

    The advertised rate of $9,202/month is the lowest available price, based on a 30 day(s) stay with a move-in date of October 27, 2026.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    710 Lighthouse Ave Unit SI ID1309008P, Cape May, NJ 08204

Frequently Asked Questions

How much does it cost to rent a home in Cape May, NJ?
The median rent for a home in Cape May, NJ is $6,060 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Cape May, NJ?
To comfortably afford the median rent in Cape May, NJ, a household needs to earn roughly $242,400 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 $6,060 per month in Cape May, NJ, renters typically need to show $18,180 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 Cape May, NJ?
In Cape May, NJ, the price-to-rent ratio is 9.9, 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.

Rental Home Trends in Cape May, NJ

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$6,060
Median Condo Rent
$6,060
How to Rent a Home