What is the median rent in Lower Township, NJ?

The median gross rent in Lower Township, NJ is $1,386 (±$171) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 1,619 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Lower Township, the median gross rent went from $1,166 in 2015–2019 to $1,386 in 2020–2024 (+18.9%).

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
$1,386 (±$171)
Rented homes
1,619 (±292)
$2,000 or more
21.0%
Since 2015–2019
+18.9%

How much rent costs in Lower Township

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentLower TownshipCape May CountyNew JerseyUnited States
Less than $5005.9% (±3.4 points)5.3%6.1%6.3%
$500 to $99920.6% (±11.0 points)25.1%7.9%20.2%
$1,000 to $1,49930.1% (±9.8 points)26.5%23.5%28.1%
$1,500 to $1,99922.4% (±9.9 points)21.7%28.5%21.1%
$2,000 to $2,4998.7% (±7.5 points)14.9%17.2%12.0%
$2,500 to $2,9994.3% (±4.6 points)3.5%7.9%5.5%
$3,000 or more8.0% (±8.5 points)3.0%8.9%6.8%

The most common range is $1,000 to $1,499, paid by 30.1% of renting households.

21.0% of rented homes in Lower Township cost $2,000 or more a month.

Lower Township against Cape May County, its state and the nation

Estimate (90% margin of error)
Lower TownshipCape May CountyNew JerseyUnited States
Median gross rent$1,386 (±$171)$1,360 (±$96)$1,720 (±$7)$1,413
Rented homes paying rent1,619 (±292)8,167 (±665)1,230,839 (±7,912)42,849,984

In Lower Township, median gross rent is not measurably different from Cape May County ($1,360).

It is also lower than in New Jersey ($1,720).

It is not measurably different from the national figure ($1,413).

In Cape May County, Lower Township ranks 7 of 14 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 458 of 548.

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

How rent in Lower Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$1,166 (±$70)$1,386 (±$171)+18.9%No measurable change after inflation
Households that rent18.4% (±3.1 points)16.0% (±2.7 points)−2.4 percentage pointsNot a measurable change
Rental vacancy rate16.2% (±6.4 points)7.8% (±4.8 points)−8.4 percentage pointsMeasurable decrease

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 Lower Township

Nearest places with a published estimate, compared with Lower Township
PlaceDistanceMedian gross rentCompared with this place
Lower Township—$1,386 (±$171)—
Cape May3.0 mi$1,013 (±$454)Not measurably different
Rio Grande3.0 mi$1,305 (±$565)Not measurably different
West Cape May Borough3.2 mi$1,232 (±$580)Not measurably different
Wildwood Crest Borough4.1 mi$957 (±$163)Lower
West Wildwood Borough4.9 mi$1,225 (±$755)Not measurably different
Wildwood5.0 mi$997 (±$233)Lower
North Wildwood6.3 mi$1,210 (±$122)Not measurably different
Cape May Court House8.1 mi$1,429 (±$350)Not measurably different

Nearby places with a measurably lower figure: Wildwood Crest Borough, NJ ($957), Wildwood, NJ ($997).

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

Median gross rent across Cape May County, place by place

RankPlaceMedian gross rent
1Upper Township$1,843 (±$388)
2Stone Harbor Borough$1,711 (±$240)
3Avalon Borough$1,708 (±$169)
4Ocean City$1,683 (±$216)
5Dennis Township$1,578 (±$308)
6Middle Township$1,500 (±$266)
7Lower Township$1,386 (±$171)
8West Cape May Borough$1,232 (±$580)
9West Wildwood Borough$1,225 (±$755)
10North Wildwood$1,210 (±$122)
11Cape May$1,013 (±$454)
12Wildwood$997 (±$233)
13Wildwood Crest Borough$957 (±$163)

Showing 13 of 14 places in Cape May County, ranked from highest to lowest.

The figures for Lower Township include the places inside it that have pages of their own: Erma, North Cape May, Villas.

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 Lower Township

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Questions about Lower Township

What is the average rent in Lower Township, NJ?

The Census Bureau publishes the median rather than the average: the median gross rent in Lower Township is $1,386 (±$171) 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 Lower Township?

In Lower Township, the median gross rent went from $1,166 in 2015–2019 to $1,386 in 2020–2024 (+18.9%).

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 Lower Township cost more than $2,000 a month?

21.0% of rented homes in Lower Township have a gross rent of $2,000 or more a month, and 5.9% cost less than $500.

Is rent in Lower Township higher than in Cape May County?

In Lower Township, median gross rent is not measurably different from Cape May County ($1,360).

It is also lower than in New Jersey ($1,720).

It is not measurably different from 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 Lower township, Cape May County, New Jersey (county subdivision:41610, in state:34 county:009).

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.

Figures last updated on .

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