What is the average apartment size in Lakewood?

The average size for a Lakewood, NJ apartment is 811 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Lakewood?

As of Oct / 2025, the average rent in Lakewood is $2,013 per month, a 1.78% increase from last year’s average of $1,978.

What is the average apartment size in Lakewood?

The typical apartment in Lakewood offers about 811 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

Lakewood, NJ Rental Market Trends

Q: What's the typical rent budget in Lakewood?

The typical rent budget in Lakewood ranges from $1,501 to $2,000 per month, with 54% of rentals in this range.

Q: Do most people rent or own in Lakewood?

In Lakewood, 63% of households rent while 37% own their homes, based on the latest U.S. Census data.

Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Lakewood is $2,013, a 1.78% increase compared to the previous year, when the average rent was $1,978.

One-bedroom apartments provide 688 square feet for $1,832, balancing privacy and affordability.

Two-beedroom units at $2,069 offer 868 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,241 sq ft) for $2,889, suitable for larger households.

Average rent in Lakewood, NJ

Last updated: November 18, 2025

	Average Rent	Average Apartment Size
All Rentals	$2,013	811 sq. ft.
Studio	n/a	n/a
1 Bed	$1,832	688 sq. ft.
2 Beds	$2,069	868 sq. ft.
3 Beds	$2,889	1,241 sq. ft.

Lakewood, NJ rent trends

Rental prices in Lakewood, NJ have increased by 1.78% over the past year. The average rent moved from $1,978 to $2,013.

What's the typical rent budget in Lakewood, NJ?

The largest share of rentals in Lakewood, NJ (54%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Lakewood, NJ?

8,795 or 63% of the households in Lakewood, NJ are renter-occupied while 5,173 or 37% are owner-occupied.

Access comprehensive real estate data and information on Yardi Matrix

How Lakewood Compares to Other Cities

City	Average Rent
Lakewood	$2,013
Jersey City	$3,786
Jersey Shore	$2,164
Newark	$1,741
East Orange	$1,868
Elizabeth	$1,871
Bayonne	$2,604
Hoboken	$4,577
Paterson	$1,718
Summit	$2,852
Camden	$1,426
Toms River	$2,073

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Lakewood apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.