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City Report · NJ

Manalapan Township

·77th most expensive in New Jersey·Manalapan Township rents are up 7.0% over the past year
Median rent (all units)
$2,697/mo
Year-over-Year
+7.0%
Month-over-Month
-2.1%
vs US Median
+$732
Falling (Monthly)
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Most AffordableMost Expensive
Manalapan Township · $2,697
More expensive than 84% of US cities · National median $1,965/mo
Affordability
45% of income
STRETCHED
0%30% benchmark60%+

At $2,697/mo, rent takes about 45% of the US median household income, well above the 30% benchmark.

Income to afford
$108,000/yr
US median income
$72,000/yr
Based on the 30%-of-income rule using Manalapan Township's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,550
1 BR
$1,740
2 BR
$2,140
3 BR
$2,850
4 BR+
$3,170
Research median
$2,140/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: July 20, 2026

Annual cost
$32,364/yr
At $2,697/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (7.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+7.0% YoY, -2.1% MoM), not inventory.
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View Manalapan Township rent history (2015–2026) →
Salary vs rent

Can you afford rent in Manalapan Township on your salary?

At $2,697/mo, how Manalapan Township rent compares to typical pay (30% rule).

By apartment size

Manalapan Township rent by bedroom count

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

Local insights

Tips for renters in Manalapan Township

About renting in Manalapan Township, NJ

Last updated: July 20, 2026

The median rent in Manalapan Township is $2,697/mo as of July 2026. A studio apartment averages $1,550/mo while a 2-bedroom runs $2,140/mo. One-bedroom apartments average $1,740/mo and 3-bedroom units go for $2,850/mo.

At 45% of estimated US median household income ($72,000/yr), Manalapan Township ranks as moderate compared to the national benchmark of 30%. Rents have increased 7.0% over the past year.

FAQ

Frequently asked questions

Is Manalapan Township an affordable city for renters?

Manalapan Township is considered stretched for renters. At $2,697/mo, rent takes approximately 45% of the US median household income ($72,000/yr). The standard benchmark is 30%. Manalapan Township significantly exceeds that threshold, making it challenging for many renters.

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

To keep rent at or below 30% of gross income, you would need to earn at least $108,000/year (~$52/hour full-time) to afford the median rent of $2,697/mo in Manalapan Township.

Is rent going up or down in Manalapan Township?

Rent in Manalapan Township has increased 7.0% over the past year as of July 2026, putting upward pressure on renter budgets.

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

Manalapan Township is middle-of-the-pack for New Jersey for rent, ranking #77 out of 180 tracked cities at $2,697/mo.

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

Matawan is nearby and more affordable at $2,571/mo, which is $126 less than Manalapan Township.

How does Manalapan Township rent compare to the national average?

Manalapan Township's median rent of $2,697/mo is $732 (37%) above the US national median of $1,965/mo. Within New Jersey, it ranks #77 out of 180 tracked cities.
Income Affordability
45%
STRETCHED

At $2,697/mo, rent takes ~45% of US median household income ($72,000/yr). The standard benchmark is 30%.

Manalapan Township 45%Benchmark 30%
State income tax1.4–10.75%
Run the Manalapan Township affordability calculator →
Lowest-rent ZIP codes in Manalapan Township
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Manalapan Township, NJ

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