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Mountain Lakes, NJ Homes for Rent

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    Starting at $2,095 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
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    $4,500 Per Month

    • 3 Beds
    • 2 Baths
    • House for Rent

    329 Morris Ave, Mountain Lakes, NJ 07046

    Charming 3 bedroom cape with first floor master, close to the Cove of Mountain Lake, freshly painted, with private back yard and renovated kitchen. Easy access to schools, shops, main highways and public transportation. Admire the wood floors in the LR which boasts a fireplace, and in the formal DR with its delightful built-ins. Enjoy the bright first floor family room and the cheery eat-in

    Anne Fisher COLDWELL BANKER REALTY

    329 Morris Ave, Mountain Lakes, NJ 07046
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    $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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    $3,600 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 comfortand convenience.The spacious living room is ideal for relaxing and entertaining, while the renovated kitchen features modern appliances,ample

    XIAOXING ZHAO COMPASS NEW JERSEY, LLC

    69 Intervale Rd, Boonton, NJ 07005

Why Live in Mountain Lakes

Mountain Lakes, New Jersey is a picturesque borough located approximately 30 miles northwest of New York City. Designed around several man-made lakes, the area offers a variety of outdoor activities, including swimming, canoeing, kayaking, paddleboarding, lakeside picnics and ice skating. Seasonal events like the Trout Derby fishing competition, Bands on the Beach summer concert series and Mountain Lakes Day celebration add to the community's vibrant atmosphere. The highly rated Mountain Lakes School District is a significant draw for families, with Mountain Lakes High known for its strong academic and athletic programs, particularly in lacrosse. The borough features a mix of architectural styles, including one of the largest collections of Craftsman-influenced homes in the country. Buyers can also choose from Tudor, Colonial Revival and New Traditional designs. Many homes are situated on lots ranging from a quarter-acre to three-quarters of an acre, and some offer direct lake access. Commuting to New York City is facilitated by U.S. Route 46 and NJ Transit rail service, with travel times typically around an hour by car or rail. Dining options include Hapgoods, Paul’s Family Diner, The Station at Mountain Lakes and Barka Steak & Seafood. Neighboring Morristown, about 10 miles away, provides additional dining and nightlife choices. Grocery shopping is convenient with Whole Foods Market near Route 46 and King’s in nearby Boonton. The small-town living experience in Mountain Lakes stands out in sharp contrast to larger nearby towns like Denville, Mendham and Summit.

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 $5,300 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 Mountain Lakes, NJ?
To comfortably afford the median rent in Mountain Lakes, NJ, a household needs to earn roughly $212,000 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 $5,300 per month in Mountain Lakes, NJ, renters typically need to show $15,900 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 18.9, 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
4
Median Rent
$5,300
Median Single Family Home Rent
$5,300
How to Rent a Home