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Mountain Lakes, NJ Homes for Rent

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  • /21

    $12,000 Per Month

    • 4 Beds
    • 4.5 Baths
    • House for Rent

    11 Crystal Rd, Mountain Lakes, NJ 07046

    LUXURY LAKEFRONT LIVING! One of a kind, custom home completely renovated. High end finishings including Wolf/SubZero/Miele appliances, Waterworks in primary bath and marble throughout. Open floor plan with views from all rooms. Living room with cathedral ceiling and wood burning fireplace leads to a large den on the second floor with built-in desk area and glass doors overlooking desirable

    Anne Fisher COLDWELL BANKER REALTY

    11 Crystal Rd, Mountain Lakes, NJ 07046
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    Starting at $1,795 Per Month

    • 1 - 2 Beds

    3579 US Highway 46, Parsippany, NJ 07054

    Spacious, custom designed apartment homes are available at Meadowbrook Gardens in wonderful Parsippany, New Jersey. Our lovely community is minutes from acclaimed schools, fantastic dining, thrilling entertainment venues, and nearby lakes.Living in Parsippany doesn't get any better than this! We offer two impressive floor plans with 1 or 2 bedrooms to choose from. Meadowbrook Gardens

    MEADOWBROOK GARDENS APARTMENTS

    3579 US Highway 46, Parsippany, NJ 07054
  • /22

    $3,900 Per Month

    • 2 Beds
    • 2.5 Baths
    • Condo for Rent

    7 Newcastle Ct, Mountain Lakes, NJ 07046

    This bright, open 2-bedroom, 2 1/2 bath townhome in Pine Edge offers all the benefits of the Mountain Lakes lifestyle without the maintenance or taxes! You'll appreciate the gleaming hardwood floors throughout, neutral paint palette, and high ceilings. The main floor features an inviting open floor plan. The spacious living room offers sliders to a sunny balcony at one end, and a two-sided

    ANDREW SYLVESTER COLDWELL BANKER REALTY

    7 Newcastle Ct, Mountain Lakes, NJ 07046
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    $7,990 Per Month

    • 4 Beds
    • 3.5 Baths
    • House for Rent

    10 Howell Rd, Mountain Lakes, NJ 07046

    Atienne De Conciliis COLDWELL BANKER REALTY

    10 Howell Rd, Mountain Lakes, NJ 07046
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    $3,800 Per Month

    • 3 Beds
    • 1.5 Baths
    • House for Rent

    69 Intervale Rd, Boonton, NJ 07005

    Charming and beautifully maintained home with year-round lake privileges in a highly desirable Parsippany neighborhood. Conveniently located near top-rated schools, Lake Intervale, NJ Transit, and major highways, this home offers the perfect blend of comfort and convenience.The spacious living room is ideal for relaxing and entertaining, while the renovated kitchen features modern appliances,

    XIAOXING ZHAO COMPASS NEW JERSEY, LLC

    69 Intervale Rd, Boonton, NJ 07005

Why Live in Mountain Lakes

Mountain Lakes, NJ, is a picturesque borough located 20 miles northwest of Newark and approximately 30 miles from Manhattan. Known for its storybook charm, the area features homes nestled on the mountainside, surrounded by lush greenery and dense canopies. The community is characterized by its unique Arts and Crafts architecture, blending styles such as Tudor, prairie, Colonial, and Dutch Revival. Despite high demand and limited inventory, these homes often sell above asking prices. The borough boasts eight tranquil lakes, offering activities like fishing, canoeing, kayaking, and ice skating, with two lakes featuring lifeguarded beaches and amenities. The local parks and lakes are central to community life, hosting events like the Trout Derby and Fourth of July celebrations. Dining options include the chrome-adorned Paul’s Family Diner, while grocery needs are met by nearby Whole Foods Market and Farmers Market Denville. Education is a highlight, with highly rated schools such as Wildwood Elementary School, Briarcliff Middle School, and Mountain Lakes High School, which offers over 50 clubs. While the area is safer than the national average, flash flood hazards pose a risk, particularly in the southern part of the borough. Residents benefit from proximity to New York City and the Jersey Shore, with convenient NJ Transit options available for commuting.

Frequently Asked Questions

How much does it cost to rent a home in Mountain Lakes, NJ?
The median rent for a home in Mountain Lakes, NJ is $7,990 per month, though prices vary by neighborhood, size, and property type. As of June 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Mountain Lakes, NJ?
To comfortably afford the median rent in Mountain Lakes, NJ, a household needs to earn roughly $319,600 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 $7,990 per month in Mountain Lakes, NJ, renters typically need to show $23,970 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 Mountain Lakes, NJ?
In Mountain Lakes, 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.

Rental Home Trends

Number of Homes for Rent
5
Median Rent
$7,990
Median Single Family Home Rent
$7,990
How to Rent a Home