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Morganville, NJ Condo for Rent

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    $2,700 Per Month

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

    419 Hancock Place Unit 143, Morganville, NJ 07751

    Perfectly positioned for easy commuting, 419 Hancock Place combines modern living with everyday convenience. This beautifully updated first-floor 2-bedroom, 2-bath home features an open-concept layout that flows seamlessly to a private front patio and back deck—ideal for relaxing or entertaining. The kitchen shines with stainless steel appliances, custom backsplash, and stylish cabinetry. Each

    Elena Lyssenko-Diller Coldwell Banker Realty

    419 Hancock Place Unit 143, Morganville, NJ 07751

Frequently Asked Questions

How much does it cost to rent a condo in Morganville, NJ?
The median rent for a condo in Morganville, NJ is $4,600 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Morganville, NJ?
To comfortably afford the median rent in Morganville, NJ, a household needs to earn roughly $142,000 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 $3,550 per month in Morganville, NJ, renters typically need to show $10,650 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 Morganville, NJ?
In Morganville, NJ, the price-to-rent ratio is 19.7, 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 Morganville, NJ are best for renting a condo?
The best neighborhood for renting in Morganville, NJ depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include New Monmouth and State Street, each with its own character and price range.

Rental Home Trends in Morganville, NJ

Rental Home Trends

Number of Condos for Rent
1
Median Condo Rent
$4,600
Median 2 Bedroom Condo Rent
$26,400
Median 3 Bedroom Condo Rent
$4,350
How to Rent a Home