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Studio Apartments for Rent in Boonton, NJ

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    Starting at $2,345 Per Month

    • Studio - 2 Beds

    1 Avalon Way, Boonton, NJ 07005

    Avalon Boonton is just a half mile from New Jersey Transit and offers studio, one, two, and three bedroom apartment homes for lease. This pet friendly community features thoughtfully designed living spaces with modern kitchens and quartz countertops. Community amenities include a fitness center, outdoor pool, resident lounge, and courtyard with gas grills. Avalon Boonton is convenient to

    Avalon Boonton

    1 Avalon Way, Boonton, NJ 07005

Why Live in Boonton

Boonton, located in Morris County, NJ, offers a blend of small-town charm and upscale amenities. With a rich history dating back to the late 1700s, Boonton has evolved from an ironworks town to a modern suburb with a burgeoning art scene. The town, home to nearly 9,000 residents, features varied architecture, including Colonial-era houses, raised ranch-style homes, Craftsman cottages, Tudor Revivals, and Victorian estates. Grace Lord Park provides green space along the Rockaway River with historic sites and walking trails, while The Tourne offers a 12-mile trail with views of the New York City skyline. Main Street is the community hub, hosting local boutiques, art galleries, bars, and eateries, and is known for events like Music on Main and the annual Labor Day celebration. Boonton Public Schools, including School Street School and John Hill School, are highly rated. The town is safer than the national average, with lower crime rates. Major highways like Interstate 287 and Route 202 facilitate commutes to Newark and Manhattan, while NJ Transit offers service to New York City. Newark Liberty International Airport is 25 miles away, and Saint Clare’s Denville hospital is 5 miles west. Boonton experiences all four seasons, with average summer highs of 85 degrees and winter lows of 20 degrees.

Frequently Asked Questions

How much does it cost to rent a home in Boonton, NJ?
The median rent for a home in Boonton, NJ is $4,000 per month, though prices vary by neighborhood, size, and property type. As of September 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Boonton, NJ?
To comfortably afford the median rent in Boonton, NJ, a household needs to earn roughly $160,000 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 $4,000 per month in Boonton, NJ, renters typically need to show $12,000 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 Boonton, NJ?
In Boonton, NJ, the price-to-rent ratio is 15.9, 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.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$4,000
Median Single Family Home Rent
$4,000
How to Rent a Home