States › New Jersey › East Freehold

Is East Freehold, NJ expensive to live in?

CheapRent takes 13 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,28330% higher than U.S. average
💵 Families earn per year (2026)$204,073about $17,006/month · 134% higher than U.S. average
🔑 House price$645,90094% higher than U.S. average

Rent is higher than in 79% of U.S. cities. Household incomes are higher than in 97% of U.S. cities. A typical house costs about 3.2 years of household income. Commutes are long, about 34.7 minutes each way. Most homes (92.7%) are owned, so rentals can be hard to find. It is a highly educated city: 62.5% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $91,320 a year. That is $44 an hour at a full-time job.

Is rent cheaper than other New Jersey cities?

No. Rent here is more expensive than in most of New Jersey. It is number 151 of 291 cities from cheapest to most expensive.

East Freehold
$2,283
Beach Haven West
$1,878
Wildwood
$1,789
Country Lake Estates
$1,919
Ampere North
$1,924
Troy Hills
$3,429
Forked River
$2,394

How much do households earn in East Freehold?

Under $25k
2.2%
$25k–50k
9.2%
$50k–100k
20.9%
$100k–150k
19.1%
$150k+
50.8%

Share of households by yearly income. 69.9% of households earn $100,000 or more.

How expensive is East Freehold overall?

Everyday prices in New Jersey overall are 9% above the U.S. average (index 108.8, U.S. = 100).

Housing
134
Goods (food, clothes…)
107
Utilities
114
Other services
104
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for East Freehold, so the New Jersey figure is shown.

Taxes and bills in East Freehold

🏛️ Property tax$10,000+a year · 1.55% of home value · U.S. $3,119
⚡ Electric bill$186a month (typical) · U.S. $156

Life in East Freehold

Commute to work34.7 minU.S.: 26.4 min
College degree62.5%U.S.: 35.7%
Own their home92.7%U.S.: 65.2%
Below poverty line4.7%U.S.: 12.5%
Unemployment6.4%U.S.: 5.2%

Is it cheaper to rent or buy in East Freehold?

Renting is cheaper right now: about $2,199 a month less.

Renting
$2,283
Owning
$4,482

Owning assumes a typical $645,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $64,590 for the down payment.

Frequently asked questions

What is the average rent in East Freehold, NJ?

Renting in East Freehold costs a median of about $2,283 a month in 2026, including utilities. The New Jersey median is $2,240.

How much do I need to make to live in East Freehold?

To keep rent under 30% of income, you need about $91,320 a year, or $44 an hour at a full-time job.

Is East Freehold cheap or expensive?

East Freehold is rated Cheap: rent takes 13.4% of the typical household income of $204,073. It ranks 151st cheapest of 291 New Jersey cities we track.

How much are property taxes in East Freehold?

The median homeowner in East Freehold pays $10,000+ a year in property taxes, about 1.55% of the median home value.

Is East Freehold more expensive than the national average?

Overall prices in New Jersey are 9% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in East Freehold?

The median home value in East Freehold is $645,900, about 3.2 times the typical yearly household income.

5,096 people live in East Freehold. Numbers are typical (middle) values.