ZIP Code · NJ

ZIP 08735

Part of Lavallette, NJ

Pop. 3,451·Ocean County·171st most expensive ZIP in New Jersey

Median rent (all units)

$2,067/mo

Year-over-Year

Stable

Month-over-Month

+9.8%

vs US Median

+$135

Reported rents

Rising (Monthly)

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ZIP 08735 · $2,067

More expensive than 65% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,630

1 BR

$1,840

2 BR

$2,260

3 BR

$2,960

4 BR+

$3,280

Research median

$2,260/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: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($76,974) is $1,924 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,840); a 2-bedroom is $2,260.

From Zillow's monthly rent index (ZORI) for ZIP 08735. 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

Location

CityLavallette

StateNJ

CountyOcean County

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, +9.8% MoM), not inventory.

Demographics

Who lives here

ZIP 08735 (Lavallette, NJ) is majority owner-occupied, has a large retiree population, 52.4% of residents hold a bachelor's degree or higher.

Population

3,451

Median income

$76,974

Median age

62.9

Renters

18.8%

Age distribution

12.7%

26.4%

44.2%

Under 188.2%

18–348.5%

35–5412.7%

55–6426.4%

65+44.2%

Gender

46.3%

53.7%

Male46.3%

Female53.7%

Race & ethnicity

88.7%

White88.7%

Hispanic6.8%

Other4.1%

Education (25+)

22.4%

23.6%

52.4%

No HS diploma1.6%

HS diploma22.4%

Some college23.6%

Bachelor's+52.4%

Housing tenure

81.2%

18.8%

Owner81.2%

Renter18.8%

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

2021 vs 2026

How ZIP 08735 in Lavallette, NJ has changed in 5 years

Income

$76,768 → $76,974

up 0.3%

Population

3,982 → 3,451

down 13.3%

Renter share

14.5% → 18.8%

+4.3 pts

Bachelor's+

48.2% → 52.4%

+4.2 pts

Median age

61.8 → 62.9

+1.1 yrs

On the earnings side, the typical household in ZIP 08735 in Lavallette, NJ now reports about $76,974, up from $76,768 in 2021. Census counts show ZIP 08735 in Lavallette, NJ losing about 531 residents over the five-year window, down 13.3% on net. The renter share has risen from 14.5% to 18.8%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 48.2% to 52.4% across the same window.

Community

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Local insights

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About renting in ZIP 08735

Last updated: October 17, 2026

ZIP code 08735 covers Lavallette, NJ. The median rent here is $2,067/mo as of October 2026. A 1-bedroom rents for a median of $1,840/mo. A 2-bedroom rents for a median of $2,260/mo.

At 32% of local median household income ($76,974/yr), ZIP 08735 ranks as moderate 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 ZIP 08735?

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 ZIP 08735. The local median household income is $76,974/yr, so the typical household falls short of that bar.