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Oakland, NJ Condos for Rent

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  • /13

    $3,800 Per Month

    • 2 Beds
    • 2.5 Baths
    • Condo for Rent

    244 Butternut Dr, Wayne, NJ 07470

    Welcome home to this tastefully updated 2-bedroom, 2.5-bath townhouse situated in a desirable location offering comfort, style, and convenience. Step into the spacious living room, perfect for relaxation and conversation. The fully renovated eat-in kitchen featuring modern finishes, abundant cabinetry, and a functional layout perfect for everyday living and entertaining. The kitchen flows

    Eugene Lowe Howard Hanna Rand Realty

    244 Butternut Dr, Wayne, NJ 07470
  • /26

    $4,649 Per Month

    • 2 Beds
    • 3 Baths
    • Condo for Rent

    220 Butternut Dr, Wayne, NJ 07470

    This beautifully updated townhome features 2 bedrooms and 3 full bathrooms, along with an attached garage and a versatile finished basement. Renovated in 2023, it combines modern upgrades with comfortable living. Bright living and dining areas with hardwood floors and a gas lit fireplace flow into a versatile finished basement with two large closets and a bonus room perfect as a home office, gym,

    Ronald Evelich EXP Realty, LLC

    220 Butternut Dr, Wayne, NJ 07470

Frequently Asked Questions

How much does it cost to rent a condo in Oakland, NJ?
The median rent for a condo in Oakland, NJ is $4,250 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Oakland, NJ?
To comfortably afford the median rent in Oakland, NJ, a household needs to earn roughly $170,000 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 $4,250 per month in Oakland, NJ, renters typically need to show $12,750 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 Oakland, NJ?
In Oakland, NJ, the price-to-rent ratio is 15.3, 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 Oakland, NJ are best for renting a condo?
The best neighborhood for renting in Oakland, NJ depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Northside, Riverside and Downtown Paterson, each with its own character and price range.
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