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Rental Market Trends in Budd Lake, NJ

What is the average rent in Budd Lake, NJ?

$2,074/month

Average Rent

797 Sq Ft

Average Apartment Size

+10.4%

Increase in the Last Year

As of April 2026, the average rent in Budd Lake, NJ is $2,074 per month. This is 26% higher than the national average rent price of $1,640/month, making Budd Lake one of the most expensive cities in the US. When you rent an apartment in Budd Lake, you can expect to pay about per month for a studio, $2,074 for a one-bedroom apartment, and around $2,481 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,581 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,074/month
797 Sq Ft
Two Bedroom
$2,481/month
989 Sq Ft
Three Bedroom
$3,581/month
1,383 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Budd Lake, NJ?

In the past year, rent has increased by 10.4%, which averages out to $216 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Budd Lake, NJ
Last Updated April 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Budd Lake, NJ
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
33% $1,501 - $2,000/month
67% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Budd Lake?

Based on current rent prices, Eagle Rock, Kings Village and Stedwick Village are the most affordable neighborhoods in Budd Lake.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Eagle Rock
$1,919/month
716 Sq Ft
Kings Village
$1,949/month
700 Sq Ft
Stedwick Village
$1,949/month
700 Sq Ft
The Village Green
$2,462/month
787 Sq Ft

What are the most expensive neighborhoods in Budd Lake?

Based on current rent prices, The Village Green, Kings Village and Stedwick Village are the most expensive neighborhoods in Budd Lake.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
The Village Green
$2,462/month
787 Sq Ft
Kings Village
$1,949/month
700 Sq Ft
Stedwick Village
$1,949/month
700 Sq Ft
Eagle Rock
$1,919/month
716 Sq Ft

Which Budd Lake neighborhoods have the most rentals available?

The neighborhoods in Budd Lake with the most apartments available are The Village Green, Eagle Rock and Kings Village .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
The Village Green
$2,462/month
787 Sq Ft
Eagle Rock
$1,919/month
716 Sq Ft
Kings Village
$1,949/month
700 Sq Ft
Stedwick Village
$1,949/month
700 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Budd Lake, NJ?

Because the average rent in Budd Lake is $2,074, you’ll want to make about $6,913 per month or $82,956 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Budd Lake, NJ

253 Available Apartments for Rent

Search for Nearby Apartments

How does Budd Lake, NJ compare to other nearby cities and neighborhoods?

Use the tool below to compare Budd Lake, NJ to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Eagle Rock

Budd Lake, NJ

The Village Green

Budd Lake, NJ

Studio
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One Bedroom
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Two Bedroom
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-
Three Bedroom
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Search
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Nearby City Rent Trends

  • Netcong Average Rent
  • Ledgewood Average Rent
  • Landing Average Rent
  • Hackettstown Average Rent

Apartment communities in Budd Lake we think you'll love

The Crown Walk

The Crown Walk

2 Flanders Rd,
Netcong, NJ 07857

$2,300 - $2,850

1-2 Beds

Eagle Rock & Hensyn Village

Eagle Rock & Hensyn Village

22 Cassedy Rd,
Budd Lake, NJ 07828

$1,575 - $2,300

1-2 Beds

Village Green Apartments

Village Green Apartments

74 The Village Green,
Budd Lake, NJ 07828

$1,935 - $3,968

1-3 Beds

Kings Village

Kings Village

15 Kings Vlg,
Budd Lake, NJ 07828

$1,770 - $2,685

1-3 Beds

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United States New Jersey Budd Lake Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity