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
| Lakewood | Ocean County | New Jersey | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 2.5% (±1.7 points) | 3.1% (±0.7 points) | 3.5% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 0.4% (±0.6 points) | 0.9% (±0.2 points) | 0.7% (±0.1 points) | 0.9% |
| Vacant housing units | 682 (±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
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Lakewood | — | 2.5% (±1.7 points) | — |
| Ramtown | 3.5 mi | 0.0% (±48.4 points) | Not measurably different |
| Leisure Village | 3.7 mi | 24.3% (±12.8 points) | Higher |
| Leisure Village East | 4.3 mi | 11.8% (±17.2 points) | Not measurably different |
| Cedar Glen West | 5.5 mi | 0.0% (±40.0 points) | Not measurably different |
| Howell Township | 5.8 mi | 3.4% (±4.6 points) | Not measurably different |
| Brick Township | 5.8 mi | 7.9% (±3.6 points) | Higher |
| Leisure Knoll | 6.7 mi | 0.0% (±39.8 points) | Not measurably different |
| Leisure Village West | 6.8 mi | 0.0% (±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
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 | Leisure Village | 24.3% (±12.8 points) |
| 2 (tie) | Leisure Village East | 11.8% (±17.2 points) |
| 2 (tie) | North Beach Haven | 11.8% (±15.1 points) |
| 4 | Pine Lake Park | 3.8% (±6.6 points) |
| 5 | Lakewood | 2.5% (±1.7 points) |
| 6 | Toms River | 1.3% (±1.8 points) |
| 7 (tie) | Barnegat | 0.0% (±16.8 points) |
| 7 (tie) | Beach Haven West | 0.0% (±41.7 points) |
| 7 (tie) | Cedar Glen Lakes | 0.0% (±50.9 points) |
| 7 (tie) | Cedar Glen West | 0.0% (±40.0 points) |
| 7 (tie) | Crestwood Village | 0.0% (±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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lakewood CDP, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lakewood CDP, New Jersey
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.
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 .
Related
- Housing in Lakewood at a glance
- Median rent in Lakewood
- Rent by bedrooms in Lakewood
- Rent burden in Lakewood
- Renters and owners in Lakewood
- Income and affordability in Lakewood
- Home values in Lakewood
- Homeowner costs in Lakewood
- Property taxes in Lakewood
- Types of homes in Lakewood
- Bedrooms in Lakewood
- Age of homes in Lakewood
- Heating fuel in Lakewood
- Commute and cars in Lakewood
- Population growth in Lakewood
- How long people stay in Lakewood
- Crowding and facilities in Lakewood
- Fair Market Rent in Lakewood
- New Jersey landlord and tenant rules
- Housing across Ocean County
- New Jersey places ranked by rental vacancy rate
- Housing data for every place in New Jersey