City Report · NJ

Lavallette

Pop. 1,865·149th most expensive in New Jersey·Rental market data updated monthly for Lavallette, NJ
Median rent (all units)
$2,067/mo
Year-over-Year
Stable
Month-over-Month
+10.4%
vs US Median
+$135
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
Lavallette · $2,067
More expensive than 64% of US cities · National median $1,932/mo
Affordability
19% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $2,067/mo, rent takes about 19% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$83,000/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
Fair Market Rent (HUD)
$1,950/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,067 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($133,056) is $3,326 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,890).

From Zillow's monthly rent index (ZORI) for Lavallette. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$24,804/yr
At $2,067/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +10.4% MoM), not inventory.
Rent check

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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 $2,067/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: October 17, 2026

The median rent in Lavallette is $2,067/mo as of October 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 19% of local median household income ($133,056/yr), Lavallette ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

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 $83,000/year (about $40/hour full-time) to afford the median rent of $2,067/mo in Lavallette. The local median household income is $133,056/yr, so the typical household meets that bar.

Is rent going up or down in Lavallette?

Rent in Lavallette has been roughly flat over the past year, a 0.0% change.

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

Lavallette is one of the more affordable among New Jersey cities for rent, ranking #149 of 178 tracked cities at $2,067/mo.
Income Affordability
19%
VERY AFFORDABLE

At $2,067/mo, rent takes ~19% of Lavallette's median household income ($133,056/yr). The standard benchmark is 30%.

Lavallette 19%Benchmark 30%
State income tax1.4–10.75%
Run the Lavallette affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Lavallette, NJ

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