States › New Jersey › Eatontown

Is Eatontown, NJ expensive to live in?

OKRent takes 26 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,14722% higher than U.S. average
💵 Families earn per year (2026)$97,564about $8,130/month · 12% higher than U.S. average
🔑 House price$492,40048% higher than U.S. average

Rent is higher than in 75% of U.S. cities. A typical house costs about 5.0 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $85,880 a year. That is $41 an hour at a full-time job.

Is rent cheaper than other New Jersey cities?

Yes. Rent here is cheaper than in most of New Jersey. It is number 130 of 291 cities from cheapest to most expensive.

Eatontown
$2,147
Florham Park
$3,500+
Mercerville
$1,789
New Providence
$2,106
Somerville
$2,169
Woodland Park
$2,230
Echelon
$2,234

How much do households earn in Eatontown?

Under $25k
9.9%
$25k–50k
22.1%
$50k–100k
33.0%
$100k–150k
16.3%
$150k+
15.6%

Share of households by yearly income. 31.9% of households earn $100,000 or more.

Rent by apartment size in Eatontown

SizeEatontownU.S. average
Studio$1,701$1,338
1 bedroom$1,686$1,324
2 bedrooms$1,946$1,509
3 bedrooms$2,798$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Eatontown 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 Eatontown, so the New Jersey figure is shown.

Taxes and bills in Eatontown

🏛️ Property tax$8,887a year · 1.80% of home value · U.S. $3,119
⚡ Electric bill$102a month (typical) · U.S. $156

Life in Eatontown

Commute to work22 minU.S.: 26.4 min
College degree37.9%U.S.: 35.7%
Own their home58.1%U.S.: 65.2%
Below poverty line4.4%U.S.: 12.5%
Unemployment6.7%U.S.: 5.2%

Is it cheaper to rent or buy in Eatontown?

Renting is cheaper right now: about $1,270 a month less.

Renting
$2,147
Owning
$3,417

Owning assumes a typical $492,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $49,240 for the down payment.

Frequently asked questions

What is the average rent in Eatontown, NJ?

Renting in Eatontown costs a median of about $2,147 a month in 2026, including utilities. The New Jersey median is $2,240.

How much do I need to make to live in Eatontown?

To keep rent under 30% of income, you need about $85,880 a year, or $41 an hour at a full-time job.

Is Eatontown cheap or expensive?

Eatontown is rated OK: rent takes 26.4% of the typical household income of $97,564. It ranks 130th cheapest of 291 New Jersey cities we track.

How much are property taxes in Eatontown?

The median homeowner in Eatontown pays $8,887 a year in property taxes, about 1.80% of the median home value.

Is Eatontown 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 Eatontown?

The median home value in Eatontown is $492,400, about 5.0 times the typical yearly household income.

13,575 people live in Eatontown. Numbers are typical (middle) values.