1. Home

Budd Lake, NJ Apartments For Rent

Beds

77 Properties

Average Rent in Budd Lake, NJ

Avg. RentAnnual Change
Budd Lake Studio - $2,337-12%
Budd Lake 1 Bed - $2,277+2%
Budd Lake 2 Beds - $1,975-18%
Last updated 6/23/2024

Local Guide

See what Budd Lake, NJ has to offer.

Demographics

Education

High School

38%

Associate's

23%

Bachelor's

28%

Master's

11%

Doctorate

1%

Family Size

2 people

38%

3 people

24%

4 people

25%

5 people

11%

6+ people

2%

Household Income

0-50k

28%

50-100k

31%

100-150k

16%

150-200k

11%

200k+

14%

Age

0-10

13%

10-20

16%

20-45

31%

45-65

30%

65+

9%

Affordability

Percentage: 3/53/5

Renters gave this area a 3 out of 5 for affordability

Last updated 6/23/2024

*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

Rent Trends

Average rent in Budd Lake, NJ

In Budd Lake, NJ, as of 2024, the average rent for apartments ranges from $1,975 to $2,337. Specifically, the average rent for a studio apartment in Budd Lake, NJ is $2,337. For those seeking a 1-bedroom apartments, the average rent is $2,277. And for a 2-bedroom apartment, renters can expect to pay an average of $1,975.

Annual Rent Change Over the Past 12 Months

Studio

-12%

Changed from $2,656 to $2,337
1 Bed

+2%

Changed from $2,232 to $2,277
2 Beds

-18%

Changed from $2,409 to $1,975
Last updated 6/23/2024

Rent Ranges

Apartment PricesProportion
0%
0%
0%
25%
75%

Compare Other Cities

CityStudio Avg RentAnnual Change
New York$4,010-6%
Hoboken$3,470+74%
Jersey City$3,449-3%
Long Island City$3,322--
Brooklyn$3,313-10%
Weehawken$3,212-1%
Newark$2,6850%
Maplewood$2,432+10%
Queens$1,800+9%
Montclair$1,650+2%
Bronx$1,517-37%
City1 Bed Avg RentAnnual Change
New York$5,097-5%
Brooklyn$4,456+6%
Long Island City$4,269--
Jersey City$3,792-1%
Weehawken$3,703-5%
Hoboken$3,610+5%
Newark$2,542-5%
Queens$2,400+20%
Maplewood$2,305-7%
Montclair$2,249+5%
Bronx$1,767-31%
City2 Beds Avg RentAnnual Change
New York$6,992-8%
Long Island City$6,503--
Brooklyn$6,169+116%
Weehawken$5,826+2%
Jersey City$4,862-1%
Hoboken$4,469+5%
Maplewood$3,097+6%
Queens$2,800+12%
Montclair$2,575+7%
Newark$2,1000%
Bronx$2,0170%

Transportation

Commute Time

0-15 Mins

17%

15-30 Mins

31%

30-40 Mins

17%

40-60 Mins

23%

60+ Mins

12%

Transportation Scores

Percentage: 2828

Walk Score®

Walkable

No

Say 6 of 8 renters

Has Sidewalks

Yes

Say 5 of 8 renters

Percentage: 2828

Bike Score®

Bike Friendly

Yes

Say 6 of 8 renters

Area Features

Area Has Kids Play Outside

Yes

Say 8 of 8 renters

Noise Late At Night

No

Say 8 of 8 renters

Area Has Litter

No

Say 8 of 8 renters

Near Schools

Yes

Say 8 of 8 renters

Pet Friendly

Yes

Say 8 of 8 renters

Area Has Potholes

No

Say 8 of 8 renters

Quiet Area

Yes

Say 8 of 8 renters

Good Place To Raise A Family

Yes

Say 8 of 8 renters

Maintained Yards

Yes

Say 8 of 8 renters

Safe For Families

Yes

Say 7 of 8 renters

Busy Streets

No

Say 6 of 8 renters

Mostly Older Buildings

No

Say 6 of 8 renters

Nearby Parks

Yes

Say 6 of 8 renters

Tree Lined Streets

Yes

Say 6 of 8 renters

Well Lit

Yes

Say 6 of 8 renters

Near Grocery Stores

Yes

Say 5 of 8 renters

Nice Views

Yes

Say 4 of 8 renters

Mostly Newer Buildings

No

Say 5 of 8 renters

Near Highways

No

Say 5 of 8 renters

Near Downtown

No

Say 6 of 8 renters

Schools

Percentage: 4/54/5

School Score

How satisfied do renters feel with the schools in this area.

Top Schools in Budd Lake

Information provided by GreatSchools. To verify school enrollment eligibility, contact the school district directly.

About

Budd Lake, NJ

Overview of Budd Lake

Budd Lake is a small census-designated area within Mount Olive Township in Morris County, N.J. The stunning scenery of Budd Lake is the primary draw for residents to move to this area, but the sights are like no other. Residents living in Budd Lake apartments for rent can witness stunning, colorful rainbows during the summer or go cross country skiing through the snow-covered trees. This quaint community has a lot to offer, and because it is so close to larger cities and townships, many modern amenities are just a short drive away. According to City-Data, approximately 9,000 people live in Budd Lake.

Living in Budd Lake, NJ

Rich in history, Morris County was first traveled in the 1700s, and it was created by an act of the state legislature by the end of the 1730s. During the Revolutionary War, Morris County was in a strategic location to be considered the military capital.

With the war far in the past, Morris County is among the fastest growing counties in the entire New Jersey, New York and Connecticut metropolitan region. Situated approximately 30 miles northwest of New York City, many residents in Budd Lake apartments travel for employment. However, there are countless opportunities within the county. Some of the top job suppliers include Novartis, Atlantic Health, Picatinny Arsenal, UPS, AT&T, Johnson & Johnson, Greystone Park Psychiatric Hospital and Accenture.

Budd Lake Attractions and Special Events

There is never an excuse for boredom in Budd Lake, because there are so many opportunities for arts, culture events, history and family fun in the community. There are plenty of annual events and festivals that take place throughout the year including the Christmas Festival at the Morristown Green, Meet a Monarch Festival and the Summer Festival of Baroque Music.

To find a Budd Lake apartment or rental, check out our apartment listings. Rent.com® is happy to help you find your next home.

Find Apartments in Nearby Cities

City1 Bed Price2 Beds Price
Maplewood, NJ 26 miles$2,305$3,097
Morristown, NJ 14.2 miles$2,550$5,465
Montclair, NJ 27.6 miles$2,249$2,575
Upper Montclair, NJ 27.9 miles------
Bloomfield, NJ 29 miles$2,452$3,057
Hackettstown, NJ 5.1 miles$1,712$1,915
Ivy Hill, NJ 27.2 miles------
Edison, NJ 29.6 miles$2,045$2,535
Clifton, NJ 29.8 miles$2,225$2,350
Mount Olive, NJ 1.4 miles$1,500$1,550