North Cape May, NJ

City

Rent in North Cape May

Median Gross Rent

$1,709

Rent-to-Income Ratio

23.0%

Renter Share

26.4%

Median Renter Income

$114,315

Avg Household Size

1.6

Median Rent by Bedrooms

Median monthly rent by number of bedrooms. Shows how rent scales with unit size in the area.

2 Bedrooms: $1,621
3 Bedrooms: $3,501

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Gross Rent Distribution

How monthly rents are spread across the area. Helps you understand the typical rent range and where most units fall.

Under $1,000: 0.0%
$1,000-$1,500: 31.4%
$1,500-$2,000: 35.2%
$2,000-$2,500: 0.0%
$2,500+: 25.6%
No Cash Rent: 7.8%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Rent Burden

Share of renters spending a given portion of their income on rent. Spending 30%+ is considered cost-burdened by HUD standards.

Under 20% (comfortable): 26.4%
20-30% (moderate): 35.6%
30-50% (cost-burdened): 15.9%
50%+ (severely cost-burdened): 14.4%
Not Computed: 7.8%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Renters vs. Owners Median Income

Compares the median income of renter households to owner households in the same area.

Owner Households: $81,573
Renter Households: $114,315

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Contract Rent Distribution

Monthly rent before utilities. Compare with Gross Rent to estimate typical utility costs in the area.

Under $1,000: 4.1%
$1,000-$1,500: 48.7%
$1,500-$2,000: 13.8%
$2,000-$2,500: 1.7%
$2,500+: 24.0%
No Cash Rent: 7.8%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Nearby Neighborhoods in North Cape May

Town Bank / Kimseytown

Schellenger Landing / Sunset Beach

Miami Beach / Bowman Manor

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources