Median rent for residential apartments in Lakewood, NJ as of Jan, 2023.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
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42 Lakewood, NJ 08701, USA apartments for rent
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Lakewood
Lakewood, NJ has a population of 55,135, while the median age is 17. The household income in Lakewood, NJ is around $44,708. The homeownership rate among the residents is 34%. The median residential property value in Lakewood, NJ that you should keep in mind is $425,700.
| Population | 55,135 |
| Median Age | 17.4 |
| Poverty Rate | 37% |
| Household Income | $44,708 |
| Number Of Employees | 15,928 |
| Median Property Value | $425,700 |
Housing Trends
How much is an apartment in Lakewood, NJ 08701, USA
Average apartment rent in Lakewood: $1,233 (-26.9%)
| Rent Price | Jan | vs Last Month |
|---|---|---|
| 1-bed apartments | $1,300 | +1.5% |
| 2-bed apartments | $1,350 | -28.6% |
| 3-bed apartments | $1,050 | N/A |
Over the Jan 2023, the average rent for an apartment in/near Lakewood, NJ decreased by 26.9% to $1,233.
Breaking it down in details, we now see that the average price for 1-bed apartment increased by 1.5% to $1,300. Pricing for 2-bed apartment also decreased by 28.6% and a place of this size will now cost you $1,350. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $1,050.
| Rent Type Price | Jan | vs Last Month |
|---|---|---|
| Houses for rent | $1,233 | -41.3% |
Looking at the median rent price for an apartment in Lakewood, NJ, you can note that it remains flat with a price tag of $1,482. Statistics show that house rent price decreased by 41.3% this month making it up to $1,233.
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