Manalapan renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Manalapan is about $1,656 per month. This puts it in the 84th percentile compared to the state average cost of rent, which is $1,453. Households in Manalapan have a median income of $5,873 per month so the average renter in Manalapan is spending roughly 28% of their earnings on housing.
Nationally, and in Manalapan, home values are the data point most closely correlated with the cost of rent. The median price of a home in Manalapan is $1,364,600 right now, which is higher than nearby cities, meaning that rents in Manalapan also tend to be higher versus these nearby cities.
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