Last updated
Average Rent in Lakewood & Rent Trends
Rent prices and market trends across 4 apartment communities in Lakewood, Lakewood, NJ. Updated daily.
Market Average
$3,436/mo
Lowest Available
$2,050/mo
cheapest unit on market
Communities
4
tracked daily
Units Listed
12
available now
Lakewood vs Lakewood, NJ Average
Lakewood is the same price as the Lakewood, NJ average . The citywide average is $3,436/mo across all neighborhoods.
Is Rent Going Up or Down in Lakewood?
As of September 2026, the average rent in Lakewood is $3,436 per month across 4 apartment communities and 12 available units.
The most affordable option is Andrew's Corner Apartments starting at $2,050/mo. By unit type, a 1-bedroom averages $2,050/mo, a 2-bedroom averages $3,562/mo.
Prices range from $2,050 to $14,235 per month. The most common price point is the $2,200 range, where 5 units are currently listed.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Lakewood
Rent Prices by Apartment in Lakewood
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Andrew's Corner Apartments | $2,050/mo | $2,275/mo | 2 | 4.1 |
| New Hampshire Commons Apartments | $2,200/mo | $2,325/mo | 4 | 4.2 |
| Amber Grove Apartments | $2,350/mo | $2,450/mo | 4 | 4.1 |
| Luxury Apartments in Lakewood by Hyatus | $3,346/mo | $8,791/mo | 2 | 2.3 |
Frequently Asked Questions About Rent in Lakewood
What is the average rent in Lakewood?
Is rent going up or down in Lakewood?
What is the cheapest apartment in Lakewood?
How much is a 1-bedroom apartment in Lakewood?
How many apartments are available in Lakewood?
What salary do I need to live comfortably in Lakewood?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$137,000/year
Based on the 30 percent rule, using our tracked average rent of $3,436/mo.
Comfortable income
$165,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($2,050/mo), you need to earn at least $82,000/year.
Median household income in Lakewood is $57,576 , about 65% below the comfortable-living threshold.
Cost of living in Lakewood
Overall prices in Lakewood runs above the national average by about 13% (BEA Regional Price Parity index 112.6, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Lakewood's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $3,436 |
| Utilities | $644 |
| Groceries | $585 |
| Transportation | $1,534 |
| Healthcare | $748 |
| Other goods and services | $1,197 |
| Estimated total | $8,144/mo |
Population
69,884
Median household income
$57,576
Census median rent
$1,647/mo
Census rent burden
46.0%
Median age
17.3
Mean commute
21 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Lakewood Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Lakewood Apartments
Browse all 4 communities with daily-updated pricing and availability.