City Report · NJ

Manasquan

Pop. 5,922·15th most expensive in New Jersey·Rents have been falling, good time to negotiate
Median rent (all units)
$3,456/mo
Year-over-Year
Stable
Month-over-Month
-7.8%
vs US Median
+$1,494
Falling (Monthly)
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Most AffordableMost Expensive
Manasquan · $3,456
More expensive than 95% of US cities · National median $1,962/mo
Affordability
29% of income
AFFORDABLE
0%30% benchmark60%+

At $3,456/mo, rent takes about 29% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$138,000/yr
Local median income
$142,944/yr
Based on the 30%-of-income rule using Manasquan's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,360
1 BR
$1,520
2 BR
$1,880
3 BR
$2,500
4 BR+
$2,790
Fair Market Rent (HUD)
$1,880/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $3,456 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
$41,472/yr
At $3,456/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, -7.8% MoM), not inventory.
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Demographics

Who lives here

Manasquan, NJ is majority owner-occupied, has a large retiree population, has a median income above the national average, 71.2% of residents hold a bachelor's degree or higher.

Population
5,922
Median income
$142,944
Median age
48.3
Renters
16.1%
Age distribution
20.3%
15.4%
26.3%
17.9%
20.1%
Under 1820.3%
18–3415.4%
35–5426.3%
55–6417.9%
65+20.1%
Gender
50%
50%
Male50%
Female50%
Race & ethnicity
92.6%
White92.6%
Hispanic4.3%
Asian0.8%
Other2.3%
Education (25+)
13%
14.7%
71.2%
No HS diploma1.1%
HS diploma13%
Some college14.7%
Bachelor's+71.2%
Housing tenure
83.9%
16.1%
Owner83.9%
Renter16.1%

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

2021 vs 2026

How Manasquan, NJ has changed in 5 years

Income
$132,596 → $142,944
up 7.8%
Population
5,930 → 5,922
down 0.1%
Renter share
13.7% → 16.1%
+2.4 pts
Bachelor's+
68.7% → 71.2%
+2.5 pts
Median age
47.2 → 48.3
+1.1 yrs

Local incomes tracked alongside that move, going from a median of $132,596 in 2021 to $142,944 more recently. Renters now make up 16.1% of households, compared with 13.7% five years ago. College-educated residents now make up 71.2% of adults here, versus 68.7% in 2021.

Community

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

Can you afford rent in Manasquan on your salary?

At $3,456/mo, how Manasquan rent compares to typical pay (30% rule).

By apartment size

Manasquan rent by bedroom count

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

Local insights

Tips for renters in Manasquan

About renting in Manasquan, NJ

Last updated: August 17, 2026

The median rent in Manasquan is $3,456/mo as of August 2026. A studio apartment averages $1,360/mo while a 2-bedroom runs $1,880/mo. One-bedroom apartments average $1,520/mo and 3-bedroom units go for $2,500/mo.

At 29% of local median household income ($142,944/yr), Manasquan ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Manasquan an affordable city for renters?

Manasquan is considered affordable for renters. At $3,456/mo, rent takes approximately 29% of the local median household income ($142,944/yr). The standard benchmark is 30%. Manasquan falls comfortably within that range.

How much income do you need to rent in Manasquan?

To keep rent at or below 30% of gross income, you would need to earn at least $138,000/year (~$66/hour full-time) to afford the median rent of $3,456/mo in Manasquan. The local median household income is $142,944/yr, meaning the typical Manasquan household meets that threshold.

Is rent going up or down in Manasquan?

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

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

Manasquan is one of the pricier cities in New Jersey for rent, ranking #15 out of 183 tracked cities at $3,456/mo.

Which nearby cities are cheaper to rent in than Manasquan?

Several nearby cities have lower median rents than Manasquan ($3,456/mo): Brick ($2,622/mo), Neptune Township ($2,728/mo), Asbury Park ($2,841/mo).

What percentage of Manasquan residents rent vs. own?

According to Census data, approximately 16.1% of Manasquan households are renters, while 83.9% are owner-occupied. Manasquan leans toward homeownership, which can mean a smaller rental inventory.

How does Manasquan rent compare to the national average?

Manasquan's median rent of $3,456/mo is $1,494 (76%) above the US national median of $1,962/mo. Within New Jersey, it ranks #15 out of 183 tracked cities.
Income Affordability
29%
AFFORDABLE

At $3,456/mo, rent takes ~29% of Manasquan's median household income ($142,944/yr). The standard benchmark is 30%.

Manasquan 29%Benchmark 30%
State income tax1.4–10.75%
Run the Manasquan affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Manasquan, NJ

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