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Newest Home for Rent in Mountain Lakes, NJ

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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

    (862) 245-4414

    3579 US Highway 46, Parsippany, NJ 07054

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 $4,595 per month, though prices vary by neighborhood, size, and property type. As of May 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 $183,800 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 $4,595 per month in Mountain Lakes, NJ, renters typically need to show $13,785 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 21.8, 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.

Rental Home Trends in Mountain Lakes, NJ

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$4,595
Median Single Family Home Rent
$4,595
How to Rent a Home