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City · 19,204 residents · Ocean County, New Jersey

Ocean Acres , New Jersey

In Ocean Acres, a typical home is worth $402,500 and typical rent is $2,241 a month. Compared with all of Ocean County, typical household income is 36% higher, typical rent is 28% higher, and the share of households that own their home is 15 points higher.

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  • Typical home value

    $402,500

    About the same as the county

    11% below New Jersey

    • Ocean Acres
    • Ocean
    • New Jersey

  • Typical rent

    $2,241a month

    28% above the county

    30% above New Jersey

    • Ocean Acres
    • Ocean
    • New Jersey

  • Typical household income

    $121,924a year

    36% above the county

    18% above New Jersey

    • Ocean Acres
    • Ocean
    • New Jersey

  • Households that own their home

    96%

    15 points above the county

    32 points above New Jersey

    • Ocean Acres
    • Ocean
    • New Jersey

Source: U.S. Census Bureau, Average 2020–2024

Ocean Acres is in Ocean County. The FHA loan limit ($1,249,125 for a one-unit home), the fair market rents and the help on this page are those of all of Ocean County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Ocean Acres apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in Crestwood Village, the typical home value is $96,500: 76% less than in Ocean Acres ($402,500).

  2. Ocean Acres has the 11th highest homeownership rate of the 293 cities in New Jersey with more than 5,000 people (96%).

  3. The typical household income in Ocean Acres is $121,924, 36% more than in Ocean County as a whole ($89,863).

  4. Nearby, in Beach Haven West, the typical rent is $1,702: 24% less than in Ocean Acres ($2,241).

  5. The typical rent in Ocean Acres is $2,241 a month, 28% more than in Ocean County as a whole ($1,755).

  6. Ocean Acres has the 16th largest share of rent-burdened renters of the 249 cities in New Jersey with more than 5,000 people (68%).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Ocean Acres

What homes there are in Ocean Acres, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

Detached houses, standing on their own, make up 94% of homes here, against 74% in Ocean County.

Year built

Here half of the homes date from 1994 or later; in Ocean County, from 1981 or later.

There is more room for a big family here: 79% of homes have 3 bedrooms or more, against 61% in Ocean County.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$2,317 a month

Ocean County: $2,330 a month

Without a mortgage

$922 a month

Ocean County: $920 a month

Owners with a mortgage

71%

Ocean County: 59%

The typical cost for an owner with a mortgage in Ocean Acres is $2,317 a month, near the figure in Ocean County ($2,330).

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, the typical home value in Ocean Acres rose 52%; in Ocean County, it rose 43%.

Rents in Ocean Acres rose at about the same pace as in Ocean County: 21% since 2015–2019, against 23%.

While home values in Ocean Acres changed +52% and rent +21%, the typical household income rose 37%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureOcean AcresOcean CountyNew JerseyUnited States
Rental vacancy Unreliable estimate3.1%3.5%5.5%
Homeowner vacancy Unreliable estimate0.9%0.7%0.9%
More than one person per room Unreliable estimate2.3%4.0%3.4%
People per household 2.732.652.622.53
Drive alone 78%75%62%69%
Carpool 9%8%8%9%
Public transit Unreliable estimate1%8%3%
Walk or bike Unreliable estimate2%3%3%
Work from home 11%13%17%15%
Other means Unreliable estimate1%2%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

A household in Ocean Acres has 2.73 people on average, about the same as in Ocean County (2.65).

In Ocean Acres, 78% of workers drive alone to work; in Ocean County, 75%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Ocean Acres?

A typical home is tight for the typical income

We start with a typical home in Ocean Acres, worth $402,500, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 35% of the typical household income in Ocean Acres, which is $121,924 a year. For that payment to be 28% of income, a household would need to earn about $152,127 a year.

The calculator's FHA and conventional loan limits are those of all of Ocean County.

Your numbers

Local data
$

Starts at the typical home value in Ocean Acres. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $14,088 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$3,550

at 7.18% · 30 years

Loan amount
$395,209
Total interest
$568,613
Paid off in
November 2056

Includes $6,797 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,845 a month

  • Tight

    $2,845 to $3,658 a month

    Your payment · 35%

  • Hard

    more than $3,658 a month

Compared with the typical household income in Ocean Acres ($121,924 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$3,550
Principal & interest$2,677
Property tax$527
Home insurance$168
FHA mortgage insurance (MIP)$178

You need at least $14,088 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Ocean Acres and Ocean County

Ocean Acres is in Ocean County, New Jersey. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Ocean Acres's own numbers

Typical home value
$402,500
Typical monthly rent
$2,241
Typical yearly household income
$121,924
Households that own their home
96%
Effective property tax rate
1.57%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Ocean County

FHA limit, one-unit home
$1,249,125
Conventional limit, one unit
$1,209,750
HUD fair market rent, 2 bedrooms
$2,283
Price change over 5 years (FHFA)
+73%
Homes in a high flood-risk zone
22%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Ocean County.

Everything about Ocean County

Buying

Buying a home in Ocean Acres

A typical home in Ocean Acres is worth $402,500: about the same as the county and 11% below New Jersey. With the typical household income in Ocean Acres ($121,924 a year), a typical home costs 3.3 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Ocean Acres 3.3 years
  • Ocean 4.4 years
  • New Jersey 4.4 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Ocean County

According to FHFA’s house price index, home prices in Ocean County rose 106% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Ocean County.

Period County New Jersey U.S.
Last year (2025) +6.0% +6.2% +2.9%
5 years (2020–2025) +73% +63% +47%
10 years (2015–2025) +106% +88% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Ocean Acres next to Ocean County, New Jersey and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Ocean Acres $402,500
  • Ocean $398,400
  • New Jersey $454,400
  • United States $332,700
Typical monthly rent
  • Ocean Acres $2,241
  • Ocean $1,755
  • New Jersey $1,720
  • United States $1,413
Typical yearly household income
  • Ocean Acres $121,924
  • Ocean $89,863
  • New Jersey $103,556
  • United States $80,734
See the full table
Ocean Acres next to Ocean County and New Jersey
Measure Ocean Acres Ocean County New Jersey U.S.
Typical home value $402,500 $398,400 $454,400 $332,700
Typical monthly rent $2,241 $1,755 $1,720 $1,413
Typical yearly household income $121,924 $89,863 $103,556 $80,734
Households that own their home 96% 81% 64% 65%
Typical yearly property tax $6,314 $6,562 $9,590 $3,119
Effective property tax rate 1.57% 1.65% 2.11% 0.94%
Renters with high rent for their income 68% 58% 52% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Ocean County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Ocean Acres

For a typical $402,500 home in Ocean Acres, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Ocean Acres's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $3,550a month

    Least cash to close
    Down payment
    $14,088
    Cash to close
    $26,163
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $178

  • Conventional, 5% down $3,476a month

    Down payment
    $20,125
    Cash to close
    $32,200
    Rate
    7.18%
    Mortgage insurance
    PMI · $191

  • Conventional, 20% down, no PMI $2,876a month

    Down payment
    $80,500
    Cash to close
    $92,575
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $3,248a month

    Down payment
    $60,375
    Cash to close
    $72,450
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Ocean Acres and for Ocean County.

Property tax

Effective rate in Ocean Acres

1.57%of the home’s value each year

$6,314 a year for the typical owner in Ocean Acres.

  • Ocean Acres 1.57%
  • Ocean 1.65%
  • New Jersey 2.11%

What New Jersey publishes ANCHOR, Senior Freeze and Stay NJ: one combined application (New Jersey Division of Taxation)

Exemptions and deadlines in New Jersey

Flood risk in Ocean County

FEMA does not publish these numbers by city: they are for all of Ocean County.

Homes in the high-risk zone
22%
47,067
Of those, with NFIP insurance
71%
County New Jersey U.S.
Homes in the high-risk zone 22% 6.7% 3.5%
Of those, with NFIP insurance 71% 63% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Ocean Acres

Typical rent in Ocean Acres is $2,241 a month: 28% above the county. In Ocean Acres, 68% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Ocean County, by unit size. To pay the 2-bedroom one ($2,283 a month) without spending more than 30% of your income, you would need to earn $43.90 an hour working full time.

HUD fair market rent for all of Ocean County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,671 $32.13 $66,840
1 bedroom $1,847 $35.52 $73,880
2 bedrooms $2,283 $43.90 $91,320
3 bedrooms $2,927 $56.29 $117,080
4 bedrooms $3,241 $62.33 $129,640

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Ocean Acres

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Ocean Acres has 2 ZIP codes with their own.

For 2 bedrooms it runs from $2,370 in 08050 to $2,440 in 08005.

2 of the 2 are above the fair market rent for Ocean County ($2,283).

  • 08005 $2,440$3,130
  • 08050 $2,370$3,040

2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Ocean Acres when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Free help

Help to buy or rent in Ocean Acres

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There is 1 HUD-approved agency with an office in Ocean County; 1 says it serves in Spanish.

A man listens closely, seated at a meeting table.

HUD counseling is free or low-cost

Assistance programs in Ocean Acres

No down payment, repair or rent-help program on our list is for Ocean Acres or Ocean County. The ones below are statewide in New Jersey: they work in Ocean Acres the same as in the rest of the state.

Which programs do I qualify for? All programs in New Jersey

Housing counselors near Ocean Acres

The HUD-approved agencies closest to the center of Ocean Acres, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Ocean, Inc. (ocean Community Economic Action Now, Inc.)

    40 Main St, Toms River · 15 miles away · Spanish

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 6 more
    732-244-5333-1108

  • Navicore Solutions- Hammonton, NJ

    212 Bellevue Ave, Hammonton · 29 miles away · Spanish

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 9 more
    (866) 472-4557

  • Operation Hope- Camden NJ Branch

    533 Fellowship Rd, Mount Laurel · 38 miles away

    (267) 539-8535

Every agency in Ocean County All counseling agencies in New Jersey

Help in Spanish near Ocean Acres

2 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Ocean Acres

In HUD’s record, no housing authority with an office in Ocean County is named for Ocean Acres or Ocean County.

4 other authorities have an office in Ocean County: see the list Source: HUD

Cities

Other cities in Ocean County

These cities are also in Ocean County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Ocean County Housing in New Jersey

Nearby cities

The cities closest to Ocean Acres, with the typical home value.

Neighboring counties

If Ocean County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Ocean Acres.

All guides
Three generations of a family gather on the porch of their home.

Questions

Housing questions about Ocean Acres

Short answers with the numbers for Ocean Acres and all of Ocean County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Ocean Acres?

The typical home value in Ocean Acres is $402,500, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Ocean County it is $398,400.

How much does it cost to rent in Ocean Acres?

Typical rent in Ocean Acres is $2,241 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Ocean County is $2,283.

What is the FHA loan limit in Ocean Acres?

Ocean Acres uses the FHA limit for all of Ocean County (2026): $1,249,125 for a one-unit home and $2,402,625 for a four-unit home.

How much property tax do owners pay in Ocean Acres?

The typical homeowner in Ocean Acres pays $6,314 a year, according to the U.S. Census Bureau. That is 1.57% of the home’s value; in Ocean County, the rate is 1.65%.

Where can I find free help to buy or rent in Ocean Acres?

There is 1 HUD-approved counseling agency with an office in Ocean County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).