$1,500
Total Monthly Price
- 2 Beds
- 1.5 Baths
- 1,000 Sq Ft
- Condo for Rent
1354 Simpson Ave Unit 1354 simpson, Ocean City, NJ 08226
Frequently Asked Questions
How much does it cost to rent a home in Ocean City, NJ?
The median rent for a home in Ocean City, NJ is $2,995 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option while townhouses and condos are currently more expensive.
How much do you need to make to afford rent in Ocean City, NJ?
To comfortably afford the median rent in Ocean City, NJ, a household needs to earn roughly $119,800 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 $2,995 per month in Ocean City, NJ, renters typically need to show $8,985 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 Ocean City, NJ?
In Ocean City, NJ, the price-to-rent ratio is 32.3, 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 Ocean City, NJ are best for renting a home?
The best neighborhood for renting in Ocean City, NJ depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Lower Chelsea, Chelsea, Venice Park, Monroe Park and Downtown Atlantic City, each with its own character and price range.
