Average Rent in Atlantic City, NJ↑ Rents rising 1.7% YoY
HUD FY2027 · Official government data · Updated annually · Metro pop. 369,940
Market Overview
Atlantic City, NJ has rental prices ranging from $1,378/month to $2,849/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $1,567/month — 12% above the national average of $1,400/month. With a median household income of $80,600/year, spending $1,567/month on a 1-bedroom represents 23% of gross income — within the recommended 30% threshold.
How Atlantic City Compares
With an average 2-bedroom rent of $1,899/month, Atlantic City ranks #8 most expensive of the 11 cities tracked in New Jersey — pricier than 96% of all US cities in our data.
The Atlantic City Rental Market
The Atlantic City, NJ area has a population of about 369,940 and 29% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.
Rent Trends
2-bedroom rents in Atlantic City, NJ have risen by $32/month (1.7%) over the past year, from $1,867 to $1,899. Rents have remained relatively stable year over year, indicating a balanced rental market in the area.
Affordability
To afford a 1-bedroom apartment in Atlantic City, NJ without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $62,680. The local median household income of $80,600 exceeds that threshold by $17,920, making Atlantic City relatively accessible compared to local wages.
Rent vs. Buy
The median home value in Atlantic City, NJ is $219,133, giving a price-to-rent ratio of 9.6. The break-even point between renting and buying is roughly 10 years — renting offers more flexibility for shorter stays, while buying makes more sense for long-term residents.
Fair Market Rents
HUD FY2027Is Atlantic City, NJ Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in NJlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home Value |
|---|---|---|---|---|---|
| Newark | $1,637 | $1,850 | $2,233 | $2,785 | — |
| Bergen | $1,772 | $1,987 | $2,282 | $2,771 | — |
| Monmouth | $1,671 | $1,847 | $2,283 | $2,927 | — |
| Middlesex | $1,953 | $2,103 | $2,623 | $3,125 | — |
| Jersey City | $2,462 | $2,514 | $2,792 | $3,392 | — |
| Warren County | $1,614 | $1,624 | $2,021 | $2,478 | — |
Rent or Buy in Atlantic City?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Atlantic City data
Buying breaks even after 1 year — worth it if you stay 1+ years.
Mortgage Calculator
Estimate monthly payment for $219,133 home at 7% rate
Living in Atlantic City
Cost of living, job market, crime rates, and moving cost estimates.
Moving Cost Estimator
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Frequently Asked Questions
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⚖️Rent vs Buy in Atlantic CityIs it cheaper to rent or buy here?
💵Rent Affordability in Atlantic CitySalary needed to afford rent here
🗺️All Cities in NJSee how Atlantic City ranks statewide
⚖️Compare Atlantic CitySide-by-side rent & cost of living with any city
📋NJ Tenant RightsDeposit limits, eviction laws & renters protections