What is the median rent in Lawrence Township (Mercer County), NJ?
The median gross rent in Lawrence Township (Mercer County), NJ is $2,020 (±$107) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 3,822 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Lawrence Township (Mercer County), the median gross rent went from $1,672 in 2015–2019 to $2,020 in 2020–2024 (+20.8%).
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 .
- Median gross rent
- $2,020 (±$107)
- Rented homes
- 3,822 (±384)
- $2,000 or more
- 51.0%
- Since 2015–2019
- +20.8%
How much rent costs in Lawrence Township (Mercer County)
| Monthly gross rent | Lawrence Township (Mercer County) | Mercer County | New Jersey | United States |
|---|---|---|---|---|
| Less than $500 | 3.2% (±1.8 points) | 7.8% | 6.1% | 6.3% |
| $500 to $999 | 2.0% (±1.5 points) | 8.8% | 7.9% | 20.2% |
| $1,000 to $1,499 | 12.8% (±4.0 points) | 26.4% | 23.5% | 28.1% |
| $1,500 to $1,999 | 31.0% (±5.6 points) | 28.8% | 28.5% | 21.1% |
| $2,000 to $2,499 | 25.1% (±6.3 points) | 14.5% | 17.2% | 12.0% |
| $2,500 to $2,999 | 16.1% (±6.2 points) | 5.9% | 7.9% | 5.5% |
| $3,000 or more | 9.8% (±4.2 points) | 7.9% | 8.9% | 6.8% |
The most common range is $1,500 to $1,999, paid by 31.0% of renting households.
51.0% of rented homes in Lawrence Township (Mercer County) cost $2,000 or more a month.
Lawrence Township (Mercer County) against Mercer County, its state and the nation
| Lawrence Township (Mercer County) | Mercer County | New Jersey | United States | |
|---|---|---|---|---|
| Median gross rent | $2,020 (±$107) | $1,623 (±$34) | $1,720 (±$7) | $1,413 |
| Rented homes paying rent | 3,822 (±384) | 52,951 (±1,688) | 1,230,839 (±7,912) | 42,849,984 |
In Lawrence Township (Mercer County), median gross rent is higher than in Mercer County ($1,623).
It is also higher than in New Jersey ($1,720).
It is higher than the national figure ($1,413).
In Mercer County, Lawrence Township (Mercer County) ranks 5 of 12 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 161 of 548.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Lawrence Township (Mercer County) has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,672 (±$89) | $2,020 (±$107) | +20.8% | No measurable change after inflation |
| Households that rent | 31.7% (±2.6 points) | 32.5% (±3.1 points) | +0.8 percentage points | Not a measurable change |
| Rental vacancy rate | 0.4% (±0.6 points) | 1.4% (±2.2 points) | +1.0 percentage points | Not a measurable change |
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 Lawrence Township (Mercer County)
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Lawrence Township (Mercer County) | — | $2,020 (±$107) | — |
| The College of New Jersey | 3.6 mi | $1,762 (±$152) | Lower |
| Pennington Borough | 4.1 mi | $1,886 (±$186) | Not measurably different |
| Mercerville | 4.4 mi | $1,621 (±$101) | Lower |
| Ewing Township | 4.7 mi | $1,679 (±$81) | Lower |
| West Windsor Township | 4.9 mi | $2,327 (±$181) | Higher |
| Princeton | 5.1 mi | $2,636 (±$281) | Higher |
| Trenton | 5.5 mi | $1,294 (±$52) | Lower |
| Princeton Junction | 5.5 mi | $1,661 (±$1,218) | Not measurably different |
Nearby places with a measurably lower figure: The College of New Jersey, NJ ($1,762), Mercerville, NJ ($1,621), Ewing Township, NJ ($1,679).
Nearby places with a measurably higher figure: West Windsor Township, NJ ($2,327), Princeton, NJ ($2,636).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Mercer County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Princeton | $2,636 (±$281) |
| 2 | West Windsor Township | $2,327 (±$181) |
| 3 | Hopewell Township (Mercer County) | $2,128 (±$160) |
| 4 | Robbinsville Township | $2,076 (±$176) |
| 5 | Lawrence Township (Mercer County) | $2,020 (±$107) |
| 6 | Pennington Borough | $1,886 (±$186) |
| 7 | Hopewell Borough | $1,856 (±$269) |
| 8 | Ewing Township | $1,679 (±$81) |
| 9 | Hamilton Township (Mercer County) | $1,634 (±$59) |
| 10 | East Windsor Township | $1,626 (±$68) |
| 11 | Hightstown Borough | $1,606 (±$158) |
Showing 11 of 12 places in Mercer County, ranked from highest to lowest.
The figures for Lawrence Township (Mercer County) include the places inside it that have pages of their own: Lawrenceville.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Lawrence Township (Mercer County)
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Lawrence Township (Mercer County), save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Lawrence Township (Mercer County) beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Lawrence Township (Mercer County), and send estimates and invoices from your phone.
Questions about Lawrence Township (Mercer County)
What is the average rent in Lawrence Township (Mercer County), NJ?
The Census Bureau publishes the median rather than the average: the median gross rent in Lawrence Township (Mercer County) is $2,020 (±$107) 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 Lawrence Township (Mercer County)?
In Lawrence Township (Mercer County), the median gross rent went from $1,672 in 2015–2019 to $2,020 in 2020–2024 (+20.8%).
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 Lawrence Township (Mercer County) cost more than $2,000 a month?
51.0% of rented homes in Lawrence Township (Mercer County) have a gross rent of $2,000 or more a month, and 3.2% cost less than $500.
Is rent in Lawrence Township (Mercer County) higher than in Mercer County?
In Lawrence Township (Mercer County), median gross rent is higher than in Mercer County ($1,623).
It is also higher than in 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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lawrence township, Mercer County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lawrence township, Mercer County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lawrence township, Mercer County, New Jersey
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Lawrence township, Mercer County, New Jersey (county subdivision:39510, in state:34 county:021).
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.
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.
Figures last updated on .
Related
- Housing in Lawrence Township (Mercer County) at a glance
- Rent by bedrooms in Lawrence Township (Mercer County)
- Rent burden in Lawrence Township (Mercer County)
- Renters and owners in Lawrence Township (Mercer County)
- Income and affordability in Lawrence Township (Mercer County)
- Home values in Lawrence Township (Mercer County)
- Homeowner costs in Lawrence Township (Mercer County)
- Property taxes in Lawrence Township (Mercer County)
- Types of homes in Lawrence Township (Mercer County)
- Bedrooms in Lawrence Township (Mercer County)
- Age of homes in Lawrence Township (Mercer County)
- Vacancy rate in Lawrence Township (Mercer County)
- Heating fuel in Lawrence Township (Mercer County)
- Commute and cars in Lawrence Township (Mercer County)
- Crime reported to police in Lawrence Township (Mercer County)
- Population growth in Lawrence Township (Mercer County)
- How long people stay in Lawrence Township (Mercer County)
- Crowding and facilities in Lawrence Township (Mercer County)
- Local landlord and tenant rules in Lawrence Township (Mercer County)
- New Jersey landlord and tenant rules
- Housing across Mercer County
- New Jersey places ranked by median rent
- Housing data for every place in New Jersey