2

Butler, NJ Condos for Rent

Section Image
  • 234 Terrace Lake Dr Unit 32, Butler, NJ 07405
    234 Terrace Lake Dr Unit 32, Butler, NJ 07405
    234 Terrace Lake Dr Unit 32, Butler, NJ 07405
    /25

    $3,950 Per Month

    • 2 Beds
    • 2.5 Baths
    • Condo for Rent

    234 Terrace Lake Dr Unit 32, Butler, NJ 07405

    Beautifully maintained, this spacious 2-bedroom, 2.5-bath townhome offers approximately 1,944 square feet of living space in Butler's desirable gated Cambridge Heights community. Designed with three finished levels, the home provides an ideal blend of comfort, functionality, and storage. The ground level features a finished walkout basement perfect for a family room, home office, gym, or media

    Anne Henderson Prominent Properties Sotheby's International Realty-Towaco

    234 Terrace Lake Dr Unit 32, Butler, NJ 07405
  • 32 Kiel Ave Unit Second Floor, Butler, NJ 07405
    32 Kiel Ave Unit Second Floor, Butler, NJ 07405
    32 Kiel Ave Unit Second Floor, Butler, NJ 07405
    /9

    $2,300 Per Month

    • 2 Beds
    • 1 Bath
    • 850 Sq Ft
    • Condo for Rent

    32 Kiel Ave Unit Second Floor, Butler, NJ 07405

    Welcome to your new home in Butler, NJ! This charming/cozy property offers a comfortable living space in a vibrant community, perfect for those seeking both convenience and tranquility.Key property features include multiple bedrooms, well-appointed bathroom, spare room, washer/dryer area, and small fenced in yard providing ample space. Enjoy the close proximity to several fantastic

    32 Kiel Ave Unit Second Floor, Butler, NJ 07405
New Jersey Morris County Butler

Condos for Rent in Butler, NJ

Frequently Asked Questions

How much does it cost to rent a condo in Butler, NJ?
The median rent for a condo in Butler, NJ is $2,050 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 Butler, NJ?
To comfortably afford the median rent in Butler, NJ, a household needs to earn roughly $125,000 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 $3,125 per month in Butler, NJ, renters typically need to show $9,375 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 Butler, NJ?
In Butler, NJ, the price-to-rent ratio is 14.8, 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 Butler, NJ are best for renting a condo?
The best neighborhood for renting in Butler, NJ depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Northside, Downtown Paterson and Riverside, each with its own character and price range.

Condo Rental Trends in Butler, NJ

There are currently 2 condos available for rent in Butler, NJ. The median rent is $2,050 per month, with 1-bedroom condos renting at $1,800 and 2-bedroom condos at $2,300.

Rental Home Trends

Number of Condos for Rent
2
Median Condo Rent
$2,050
Median 1 Bedroom Condo Rent
$1,800
Median 2 Bedroom Condo Rent
$2,300
How to Rent a Home

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

© 2026 New Jersey Multiple Listing Service Inc. All rights reserved.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage

Copyright © 2026 CoStar Group