What is the rental vacancy rate in Lakewood, NJ?

The rental vacancy rate in Lakewood, NJ is 2.5% (±1.7 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.4% (±0.6 points).

682 (±262) homes, 4.6% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Lakewood, the rental vacancy rate went from 0.6% in 2015–2019 to 2.5% in 2020–2024 (+1.9 percentage points), a measurable increase.

Figures last updated on .

Rental vacancy rate
2.5% (±1.7 points)
Homeowner vacancy rate
0.4% (±0.6 points)
Vacant homes
682 (±262)

Vacancy in Lakewood against Ocean County, its state and the nation

Estimate (90% margin of error)
LakewoodOcean CountyNew JerseyUnited States
Rental vacancy rate2.5% (±1.7 points)3.1% (±0.7 points)3.5% (±0.2 points)5.5%
Homeowner vacancy rate0.4% (±0.6 points)0.9% (±0.2 points)0.7% (±0.1 points)0.9%
Vacant housing units682 (±262)52,514 (±1,552)283,653 (±4,943)14,547,859

The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.

In Lakewood, the rental vacancy rate is not measurably different from Ocean County (3.1%).

It is not measurably different from New Jersey (3.5%).

It is lower than the national figure (5.5%).

Rental vacancy rate in places near Lakewood

Nearest places with a published estimate, compared with Lakewood
PlaceDistanceRental vacancy rateCompared with this place
Lakewood—2.5% (±1.7 points)—
Ramtown3.5 mi0.0% (±48.4 points)Not measurably different
Leisure Village3.7 mi24.3% (±12.8 points)Higher
Leisure Village East4.3 mi11.8% (±17.2 points)Not measurably different
Cedar Glen West5.5 mi0.0% (±40.0 points)Not measurably different
Howell Township5.8 mi3.4% (±4.6 points)Not measurably different
Brick Township5.8 mi7.9% (±3.6 points)Higher
Leisure Knoll6.7 mi0.0% (±39.8 points)Not measurably different
Leisure Village West6.8 mi0.0% (±12.9 points)Not measurably different

Nearby places with a measurably higher figure: Leisure Village, NJ (24.3%), Brick Township, NJ (7.9%).

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

Rental vacancy rate across Ocean County, place by place

RankPlaceRental vacancy rate
1Leisure Village24.3% (±12.8 points)
2 (tie)Leisure Village East11.8% (±17.2 points)
2 (tie)North Beach Haven11.8% (±15.1 points)
4Pine Lake Park3.8% (±6.6 points)
5Lakewood2.5% (±1.7 points)
6Toms River1.3% (±1.8 points)
7 (tie)Barnegat0.0% (±16.8 points)
7 (tie)Beach Haven West0.0% (±41.7 points)
7 (tie)Cedar Glen Lakes0.0% (±50.9 points)
7 (tie)Cedar Glen West0.0% (±40.0 points)
7 (tie)Crestwood Village0.0% (±8.2 points)

Showing 11 of 27 places in Ocean County, ranked from highest to lowest.

Lakewood is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

It lies inside Lakewood Township, whose figures include it.

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

Is it hard to find a rental in Lakewood?

The rental vacancy rate in Lakewood, NJ is 2.5% (±1.7 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.

Is the rental market in Lakewood tighter than it was?

In Lakewood, the rental vacancy rate went from 0.6% in 2015–2019 to 2.5% in 2020–2024 (+1.9 percentage points), a measurable increase.

How many homes are vacant in Lakewood?

An estimated 682 (±262) housing units, 4.6% of the total, including seasonal homes and homes waiting to be sold or rented.

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 CDP, New Jersey (place:38580, in state:34).

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

The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM

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.

Figures last updated on .

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