Avenel, NJ Townhome for Rent

/15
$4,700

Total Monthly Price
- 3 Beds
- 2.5 Baths
- 2,200 Sq Ft
- Townhouse for Rent
201 Madaline Dr, Avenel, NJ 07001

Welcome to one of the largest and most desirable 3 bedroom and 3 bathroom townhomes in the community. This beautifully renovated corner-unit residence offers approximately 2,200 square feet of thoughtfully designed living space and combines modern updates, exceptional convenience, and a prime location within the neighborhood. Extensively renovated from top to bottom, the home is truly move-in

201 Madaline Dr, Avenel, NJ 07001
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New Jersey Middlesex County Avenel

Frequently Asked Questions

How much does it cost to rent a townhouse in Avenel, NJ?

The median rent for a townhouse in Avenel, NJ is $3,400 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.

How much do you need to make to afford rent in Avenel, NJ?

To comfortably afford the median rent in Avenel, NJ, a household needs to earn roughly $136,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $3,400 per month in Avenel, NJ, renters typically need to show $10,200 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.

Is it more affordable to rent or buy in Avenel, NJ?

In Avenel, NJ, the price-to-rent ratio is 12.5, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

What neighborhoods in Avenel, NJ are best for renting a townhouse?

The best neighborhood for renting in Avenel, NJ depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a townhouse include Downtown Elizabeth and University Heights, each with its own character and price range.

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