City Report · NJ

Lawrence Township

·83rd most expensive in New Jersey·One of the pricier rental markets in the US
Median rent (all units)
$2,655/mo
Year-over-Year
+0.9%
Month-over-Month
-1.3%
vs US Median
+$693
Falling (Monthly)
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Most AffordableMost Expensive
Lawrence Township · $2,655
More expensive than 83% of US cities · National median $1,962/mo
Rent Reality Score
61/100
Good value
OverheatedFairGreat value

Rents are 6% below what Lawrence Township's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,655/mo
Expected by trend
$2,811/mo
The Rent Reality Score compares today's median rent to where Lawrence Township's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,780
1 BR
$2,060
2 BR
$2,600
3 BR
$3,130
4 BR+
$3,520
Fair Market Rent (HUD)
$2,600/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,655 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: August 17, 2026

Annual cost
$31,860/yr
At $2,655/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.9% YoY, -1.3% MoM), not inventory.
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2022 vs 2026

How Lawrence Township, NJ has changed in 5 years

Rent
$2,430 → $2,655
up 9.3%

Rent in Lawrence Township, NJ has climbed 9.3% since 2022, going from about $2,430 per month to roughly $2,655 today. The combined trend lines point to a market that has changed measurably from where it stood in early 2022.

Community

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View Lawrence Township rent history (2015–2026) →
Salary vs rent

Can you afford rent in Lawrence Township on your salary?

At $2,655/mo, how Lawrence Township rent compares to typical pay (30% rule).

By apartment size

Lawrence Township rent by bedroom count

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

Local insights

Tips for renters in Lawrence Township

About renting in Lawrence Township, NJ

Last updated: August 17, 2026

The median rent in Lawrence Township is $2,655/mo as of August 2026. A studio apartment averages $1,780/mo while a 2-bedroom runs $2,600/mo. One-bedroom apartments average $2,060/mo and 3-bedroom units go for $3,130/mo.

At 44% of estimated US median household income ($72,000/yr), Lawrence Township ranks as moderate compared to the national benchmark of 30%. Rents have increased 0.9% over the past year.

FAQ

Frequently asked questions

Is Lawrence Township an affordable city for renters?

Lawrence Township is considered stretched for renters. At $2,655/mo, rent takes approximately 44% of the US median household income ($72,000/yr). The standard benchmark is 30%. Lawrence Township significantly exceeds that threshold, making it challenging for many renters.

How much income do you need to rent in Lawrence Township?

To keep rent at or below 30% of gross income, you would need to earn at least $106,000/year (~$51/hour full-time) to afford the median rent of $2,655/mo in Lawrence Township.

Is rent going up or down in Lawrence Township?

Rent in Lawrence Township has increased 0.9% over the past year as of August 2026, putting upward pressure on renter budgets.

How does Lawrence Township rent compare to other cities in New Jersey?

Lawrence Township is middle-of-the-pack for New Jersey for rent, ranking #83 out of 183 tracked cities at $2,655/mo.

Which nearby cities are cheaper to rent in than Lawrence Township?

Several nearby cities have lower median rents than Lawrence Township ($2,655/mo): Morrisville ($1,637/mo), Trenton ($2,045/mo), Ewing ($2,180/mo).

How does Lawrence Township rent compare to the national average?

Lawrence Township's median rent of $2,655/mo is $693 (35%) above the US national median of $1,962/mo. Within New Jersey, it ranks #83 out of 183 tracked cities.
Income Affordability
44%
STRETCHED

At $2,655/mo, rent takes ~44% of US median household income ($72,000/yr). The standard benchmark is 30%.

Lawrence Township 44%Benchmark 30%
State income tax1.4–10.75%
Run the Lawrence Township affordability calculator →
Lowest-rent ZIP codes in Lawrence Township
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Lawrence Township, NJ

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