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City Report · NJ

Manalapan Township

·115th most expensive in New Jersey·Rents have been falling, good time to negotiate
Median rent (all units)
$2,465/mo
Year-over-Year
-1.9%
Month-over-Month
-8.6%
vs US Median
+$503
Falling (Monthly)
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Most AffordableMost Expensive
Manalapan Township · $2,465
More expensive than 78% of US cities · National median $1,962/mo
Affordability
41% of income
STRETCHED
0%30% benchmark60%+

At $2,465/mo, rent takes about 41% of the US median household income, well above the 30% benchmark.

Income to afford
$99,000/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
Fair Market Rent (HUD)
$2,140/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,465 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
$29,580/yr
At $2,465/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 1.9% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-1.9% YoY, -8.6% 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 $2,465/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: August 17, 2026

The median rent in Manalapan Township is $2,465/mo as of August 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 41% of estimated US median household income ($72,000/yr), Manalapan Township ranks as moderate compared to the national benchmark of 30%. Rents have decreased 1.9% over the past year.

FAQ

Frequently asked questions

Is Manalapan Township an affordable city for renters?

Manalapan Township is considered stretched for renters. At $2,465/mo, rent takes approximately 41% 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 $99,000/year (~$48/hour full-time) to afford the median rent of $2,465/mo in Manalapan Township.

Is rent going up or down in Manalapan Township?

Rent in Manalapan Township has decreased 1.9% over the past year as of August 2026, offering some relief compared to 12 months ago.

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 #115 out of 183 tracked cities at $2,465/mo.

How does Manalapan Township rent compare to the national average?

Manalapan Township's median rent of $2,465/mo is $503 (26%) above the US national median of $1,962/mo. Within New Jersey, it ranks #115 out of 183 tracked cities.
Income Affordability
41%
STRETCHED

At $2,465/mo, rent takes ~41% of US median household income ($72,000/yr). The standard benchmark is 30%.

Manalapan Township 41%Benchmark 30%
State income tax1.4–10.75%
Run the Manalapan Township affordability calculator →
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Neighborhoods

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Public schools near Manalapan Township, NJ

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