What is the median rent in Lakewood Township, NJ?

Name: Median rent in Lakewood Township, NJ, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median gross rent in Lakewood Township, NJ is $1,774 (±$64) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 14,455 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Lakewood Township, the median gross rent went from $1,427 in 2015–2019 to $1,774 in 2020–2024 (+24.3%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on November 12, 2026.

Median gross rent: $1,774 (±$64)
Rented homes: 14,455 (±837)
$2,000 or more: 35.3%
Since 2015–2019: +24.3%

How much rent costs in Lakewood Township

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	Lakewood Township	Ocean County	New Jersey	United States
Less than $500	3.2% (±1.1 points)	4.5%	6.1%	6.3%
$500 to $999	5.0% (±2.6 points)	6.2%	7.9%	20.2%
$1,000 to $1,499	24.1% (±4.5 points)	22.2%	23.5%	28.1%
$1,500 to $1,999	32.4% (±3.5 points)	33.5%	28.5%	21.1%
$2,000 to $2,499	20.9% (±4.3 points)	20.9%	17.2%	12.0%
$2,500 to $2,999	6.9% (±1.8 points)	5.9%	7.9%	5.5%
$3,000 or more	7.5% (±2.2 points)	6.8%	8.9%	6.8%

The most common range is $1,500 to $1,999, paid by 32.4% of renting households.

35.3% of rented homes in Lakewood Township cost $2,000 or more a month.

Lakewood Township against Ocean County, its state and the nation

Estimate (90% margin of error)
	Lakewood Township	Ocean County	New Jersey	United States
Median gross rent	$1,774 (±$64)	$1,755 (±$30)	$1,720 (±$7)	$1,413
Rented homes paying rent	14,455 (±837)	44,145 (±1,723)	1,230,839 (±7,912)	42,849,984

In Lakewood Township, median gross rent is not measurably different from Ocean County ($1,755).

It is not measurably different from New Jersey ($1,720).

It is higher than the national figure ($1,413).

In Ocean County, Lakewood Township ranks 14 of 30 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 267 of 548.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Lakewood Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median gross rent	$1,427 (±$51)	$1,774 (±$64)	+24.3%	No measurable change after inflation
Households that rent	49.7% (±1.8 points)	48.5% (±2.1 points)	−1.2 percentage points	Not a measurable change
Rental vacancy rate	1.6% (±1.0 points)	3.9% (±1.5 points)	+2.3 percentage points	Measurable increase

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median gross rent in places near Lakewood Township

Nearest places with a published estimate, compared with Lakewood Township
Place	Distance	Median gross rent	Compared with this place
Lakewood Township	—	$1,774 (±$64)	—
Brick Township	4.8 mi	$1,756 (±$59)	Not measurably different
Cedar Glen West	5.3 mi	$740 (±$216)	Lower
Toms River	5.7 mi	$1,731 (±$73)	Not measurably different
Toms River Township	6.0 mi	$1,726 (±$74)	Not measurably different
Pine Lake Park	6.1 mi	$1,838 (±$93)	Not measurably different
Leisure Knoll	6.3 mi	$1,710 (±$577)	Not measurably different
Leisure Village West	6.3 mi	$1,379 (±$85)	Lower
Point Pleasant Borough	6.8 mi	$1,930 (±$171)	Not measurably different

Nearby places with a measurably lower figure: Cedar Glen West, NJ ($740), Leisure Village West, NJ ($1,379).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Ocean County, place by place

Rank	Place	Median gross rent
8	Lacey Township	$1,971 (±$290)
9	Point Pleasant Borough	$1,930 (±$171)
10	Jackson Township	$1,908 (±$153)
11	Little Egg Harbor Township	$1,823 (±$91)
12	Point Pleasant Beach Borough	$1,820 (±$164)
13	Stafford Township	$1,800 (±$159)
14	Lakewood Township	$1,774 (±$64)
15	Brick Township	$1,756 (±$59)
16	Barnegat Township	$1,752 (±$264)
17	Island Heights Borough	$1,750 (±$269)
18	Lakehurst Borough	$1,742 (±$387)
19	Toms River Township	$1,726 (±$74)
20	Plumsted Township	$1,707 (±$578)

Showing 13 of 30 places in Ocean County, ranked from highest to lowest.

The figures for Lakewood Township include the places inside it that have pages of their own: Lakewood, Leisure Village, Leisure Village East.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Lakewood Township

What is the average rent in Lakewood Township, NJ?

The Census Bureau publishes the median rather than the average: the median gross rent in Lakewood Township is $1,774 (±$64) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in Lakewood Township?

In Lakewood Township, the median gross rent went from $1,427 in 2015–2019 to $1,774 in 2020–2024 (+24.3%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

How many rentals in Lakewood Township cost more than $2,000 a month?

35.3% of rented homes in Lakewood Township have a gross rent of $2,000 or more a month, and 3.2% cost less than $500.

Is rent in Lakewood Township higher than in Ocean County?

In Lakewood Township, median gross rent is not measurably different from Ocean County ($1,755).

It is not measurably different from New Jersey ($1,720).

It is higher than the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lakewood township, Ocean County, New Jersey (county subdivision:38550, in state:34 county:029).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.