Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Mountain Lakes borough, New Jersey?
City · Census ACS 5-Year estimates
The median gross rent in Mountain Lakes borough, New Jersey is $3,501/month, based on Census ACS 5-Year estimates (2024). The median home value is $917,000 (±$70,958), and the median household income is $250,001/year. The unemployment rate in Morris County, New Jersey was 3.3% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Mountain Lakes borough, New Jersey
| Metric | Value |
|---|---|
| Median Gross Rent | $3,501 |
| Median Home Value | $917,000 |
| Median Household Income | $250,001 |
| Total Housing Units | 1,443 |
| Renter-Occupied Units | 56 |
| Renter-Occupied Share | 4% |
| Households Paying 50%+ Income | 22 households |
| Unemployment Rate(April 2026) | 3.3% |
How does Mountain Lakes borough, New Jersey compare?
Median gross rent ranked against all cities in New Jersey.
Higher rent than 100% of cities in New Jersey · 1st of 533
| # | City | Value |
|---|---|---|
| 1 | Rumson borough | $3,501 |
| 1 | Brookside CDP | $3,501 |
| 1 | Mendham borough | $3,501 |
| 1 | Mountain Lakes borough(you are here) | $3,501 |
| … 529 more … | ||
| 531 | Cedar Glen West CDP | $740 |
| 532 | Lincroft CDP | $685 |
| 533 | Basking Ridge CDP | $546 |
More data for Mountain Lakes borough, New Jersey
Browse by State
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Puerto Rico
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Frequently asked questions
What is the average rent in Mountain Lakes borough, New Jersey?
The median gross rent in Mountain Lakes borough, New Jersey is $3,501/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Mountain Lakes borough, New Jersey?
The median rent for a 2-bedroom in Mountain Lakes borough, New Jersey is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Mountain Lakes borough, New Jersey?
The median home value in Mountain Lakes borough, New Jersey is $917,000 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Mountain Lakes borough are rent-burdened?
In Mountain Lakes borough, New Jersey, 22 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Mountain Lakes borough, New Jersey?
The median household income in Mountain Lakes borough, New Jersey is $250,001/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example. In very small areas, MOEs can be large relative to the estimate.
Managing rental properties?
Tenanture helps property managers reply to every inbound lead, qualify applicants against your rules, and handle tenant inquiries automatically.
Get started free