1

Studio Apartment for Rent in Mount Olive, NJ

Section Image
  • /32

    $2,999 Per Month

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Furnished Studio-Mt. Olive - Budd Lake

    71 International Dr S, Budd Lake, NJ

    Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

    71 International Dr S, Budd Lake, NJ

Why Live in Mount Olive

Mount Olive, New Jersey, is a township in Northern New Jersey that circles Budd Lake and offers a blend of suburban and rural living. The area features a variety of housing options, including traditional subdivisions, larger rural properties, and condo communities like Woodfield and King’s Village. Homes range from colonials and split-levels built between 1950 and 2000 to early 1900s Cape Cods, with properties sitting on anywhere from 1 to 10 acres. The township is served by highly rated schools, including Benedict A. Cucinella School, Long Valley Middle, and West Morris Mendham High, an International Baccalaureate World School. Commuting is convenient with the Mount Olive train station providing daily service to Hoboken and connections to New York City via PATH subway. Additionally, U.S. Route 46 and Interstate 80 facilitate easy access to the city, while Rockaway Mall offers bus service to the Port Authority Bus Terminal.

Mount Olive boasts several parks and recreational areas, with Turkey Brook Park being the largest. This 267-acre park includes an 11,000-square-foot playground, a splashpad, numerous sports facilities, and two dog parks. It also features a network of hiking trails, including the 3.7-mile White Trail. Flanders Park offers additional recreational facilities, and the Flanders Valley Golf Course provides two public 18-hole courses. For more things to do, Allamuchy Mountain State Park offers extensive trails and fishing spots. Shopping and dining options are plentiful along U.S. Route 206, with ITC Crossing South and Sutton Plaza Shopping Center housing major retailers and local eateries. Annual events at Turkey Brook Park, such as the Mt. Olive Carnival, Fairy & Pirate Festival, and Mistletoe Market, provide community entertainment throughout the year.

Frequently Asked Questions

How much does it cost to rent a home in Mount Olive, NJ?
The median rent for a home in Mount Olive, NJ is $3,850 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option while townhouses are currently more expensive.
How much do you need to make to afford rent in Mount Olive, NJ?
To comfortably afford the median rent in Mount Olive, NJ, a household needs to earn roughly $154,000 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 $3,850 per month in Mount Olive, NJ, renters typically need to show $11,550 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 Mount Olive, NJ?
In Mount Olive, NJ, the price-to-rent ratio is 14.6, 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
$3,850
Median Single Family Home Rent
$3,800
Median Townhouse Rent
$3,900
How to Rent a Home