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City Report · NJ

Lavallette

Pop. 1,865·18th most expensive in New Jersey·One of the pricier rental markets in the US
Median rent (all units)
$3,338/mo
Year-over-Year
Stable
Month-over-Month
-4.6%
vs US Median
+$1,373
Falling (Monthly)
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Most AffordableMost Expensive
Lavallette · $3,338
More expensive than 95% of US cities · National median $1,965/mo
Affordability
30% of income
MODERATE
0%30% benchmark60%+

At $3,338/mo, rent takes about 30% of the local median household income, slightly above the 30% benchmark.

Income to afford
$134,000/yr
Local median income
$133,056/yr
Based on the 30%-of-income rule using Lavallette's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,410
1 BR
$1,580
2 BR
$1,950
3 BR
$2,600
4 BR+
$2,890
Research median
$1,950/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: March 21, 2026

Annual cost
$40,056/yr
At $3,338/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -4.6% MoM), not inventory.
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Demographics

Who lives here

Lavallette, NJ is majority owner-occupied, has a large retiree population, has a median income above the national average, 58.5% of residents hold a bachelor's degree or higher.

Population
1,865
Median income
$133,056
Median age
61.3
Renters
21.7%
Age distribution
13.2%
14.9%
25.4%
38.8%
Under 1813.2%
18–347.7%
35–5414.9%
55–6425.4%
65+38.8%
Gender
49.4%
50.6%
Male49.4%
Female50.6%
Race & ethnicity
95.5%
White95.5%
Hispanic2.8%
Asian0.6%
Other1.1%
Education (25+)
19%
21.8%
58.5%
No HS diploma0.7%
HS diploma19%
Some college21.8%
Bachelor's+58.5%
Housing tenure
78.3%
21.7%
Owner78.3%
Renter21.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Lavallette, NJ has changed in 5 years

Income
$98,438 → $133,056
up 35.2%
Population
2,156 → 1,865
down 13.5%
Renter share
18% → 21.7%
+3.7 pts
Bachelor's+
53.4% → 58.5%
+5.1 pts

Median household income grew from $98,438 to $133,056 between 2021 and 2024, a 35.2% shift. Headcount in the area went from 2,156 to 1,865 between 2021 and 2024, a 13.5% change. About 21.7% of households rent today, against 18% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 53.4% to 58.5%.

Community

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View Lavallette rent history (2015–2026) →
Salary vs rent

Can you afford rent in Lavallette on your salary?

At $3,338/mo, how Lavallette rent compares to typical pay (30% rule).

By apartment size

Lavallette rent by bedroom count

Median rent for each apartment size in Lavallette. Click any size for full breakdown.

Local insights

Tips for renters in Lavallette

About renting in Lavallette, NJ

Last updated: March 21, 2026

The median rent in Lavallette is $3,338/mo as of March 2026. A studio apartment averages $1,410/mo while a 2-bedroom runs $1,950/mo. One-bedroom apartments average $1,580/mo and 3-bedroom units go for $2,600/mo.

At 30% of local median household income ($133,056/yr), Lavallette ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Lavallette an affordable city for renters?

Lavallette is considered moderate for renters. At $3,338/mo, rent takes approximately 30% of the local median household income ($133,056/yr). The standard benchmark is 30%. Lavallette slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Lavallette?

To keep rent at or below 30% of gross income, you would need to earn at least $134,000/year (~$64/hour full-time) to afford the median rent of $3,338/mo in Lavallette. The local median household income is $133,056/yr, meaning the typical Lavallette household falls short of that threshold.

Is rent going up or down in Lavallette?

Rent in Lavallette has been relatively stable over the past year, with a 0.0% change year over year as of March 2026.

How does Lavallette rent compare to other cities in New Jersey?

Lavallette is one of the pricier cities in New Jersey for rent, ranking #18 out of 164 tracked cities at $3,338/mo.

Which nearby cities are cheaper to rent in than Lavallette?

Several nearby cities have lower median rents than Lavallette ($3,338/mo): Lakewood ($2,021/mo), Seaside Heights ($2,469/mo), Brick ($2,663/mo).

What percentage of Lavallette residents rent vs. own?

According to Census data, approximately 21.7% of Lavallette households are renters, while 78.3% are owner-occupied. Lavallette leans toward homeownership, which can mean a smaller rental inventory.

How does Lavallette rent compare to the national average?

Lavallette's median rent of $3,338/mo is $1,373 (70%) above the US national median of $1,965/mo. Within New Jersey, it ranks #18 out of 164 tracked cities.
Income Affordability
30%
MODERATE

At $3,338/mo, rent takes ~30% of Lavallette's median household income ($133,056/yr). The standard benchmark is 30%.

Lavallette 30%Benchmark 30%
State income tax1.4–10.75%
Run the Lavallette affordability calculator →
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Neighborhoods

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Schools nearby

Public schools near Lavallette, NJ

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