Cape May, NJ rental market

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Last updated August 29, 2025

Rental market summary

The average rent for all bedrooms and all property types in Cape May, NJ is $2,300.

Average rent

$2,300

Month-over-month change

-$100

Year-over-year change

-$150

Available rentals

2

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $2,300 to $3,500.

Rent frequencies
Rent priceNumber of rental properties
$2,2001
$2,3001
$3,4001
$3,500+1

Average rent price over time

In the last year, rent has decreased by $150 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jun$2,395$1,850
Jul$3,000$1,950
Aug$2,450$2,200
Sep$2,450$2,150
Oct$2,320$1,500
Nov$1,965$3,000
Dec$3,371$2,400

Market temperature

The Cape May, NJ rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Cape May, NJ is 10% higher than the national average.

Cape May, NJvs.

$2,300

$2,100

Rent in Cape May, NJ

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Frequently asked questions

1. What is the average rent in Cape May, NJ?

The average rent in Cape May, NJ is $2,300.

2. How much does it cost to rent a house in Cape May, NJ?

Houses in Cape May, NJ rent between $2,300 - $3,500 with an average rent of $2,300.

3. How has the rent in Cape May, NJ changed in the last year?

In the last year, the rent in Cape May, NJ decreased by $150

4. How much has the rent in Cape May, NJ increased/decreased in the last month?

In the last month, the rent in Cape May, NJ decreased by $100

5. How many available rentals are there in Cape May, NJ?

There are currently 2 rentals available in Cape May, NJ.

6. How do rent prices in Cape May, NJ compare with the national average?

The average rent in Cape May, NJ is $2,300 — 9.52% higher the national average of $2,100.