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Lakewood, NJ

Full City Profile · New Jersey · Monmouth County County

2.1 /5.0
C Fair
69,884 Population 9,871/sq mi density
$57,576 Median Income $17,984 per capita
$618,400 Home Value $569,448 Zillow
$1,647 Median Rent 46.0% income on rent
54°F Avg Temperature 275 sunny days/yr
37 Violent Crime/100K 848 property/100K
C
Overall
2.1 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$57,576 median income, 3.6% unemployment
F
Affordability
1.0 / 5.0
$618,400 home value, $1,647/mo rent
F
Safety
1.0 / 5.0
37 violent crimes/100K
B+
Education
3.5 / 5.0
31.3% bachelor's degree or higher

Housing Overview

Median Home Value
$618,400
119% above
US avg: $281,900
Median Rent
$1,647/mo
42% above
US avg: $1,163/mo
Homeownership Rate
37.0%
43% below US avg (65.4%)
Total Housing Units
14,177
Median year built: 1989

Home Value by Source

Census Median
$618,400
Zillow (ZHVI)
$569,448
Median Sale Price
$487,500
Median List Price
$474,999
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

37.0%
Owner-Occupied
63.0%
Renter-Occupied
37%
63%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent: $1,647/mo · Zillow rent: $2,313/mo

Market Indicators (Redfin)

Median Days on Market
42 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
10
Price Drops
6.5%
of listings with price reduction
Price Per Sq Ft
$362
Active Inventory
46
homes for sale

Affordability & Housing Stock

Rent Burden
46.0%
of renters spending 30%+ of income on housing
48% above US avg (31.0%)
Median Year Built
1989
Average age of housing stock: 37 years
Homeownership Rate
37.0%

Complete Housing Data

Home Values

Census Median Value$618,400
Zillow Home Value (ZHVI)$569,448
Median Sale Price$487,500
Median List Price$474,999
Price Per Sq Ft$362

Rent

Census Median Rent$1,647
Zillow Rent (ZORI)$2,313
FMR Studio$1,599
FMR 1-Bedroom$1,759
FMR 2-Bedroom$2,132
FMR 3-Bedroom$2,658
FMR 4-Bedroom$3,005

Market

Days on Market42
Sale-to-List Ratio1.0%
Price Drops6.5%
Homes Sold10
Active Inventory46
Price Per Sq Ft$362

Ownership & Stock

Owner-Occupied37.0%
Renter-Occupied63.0%
Homeownership Rate37.0%
Total Housing Units14,177
Median Year Built1989
Rent Burden46.0%