Knoll Gardens
63 Dafrack Dr,
Lake Hiawatha, NJ 07034
1-2 Beds | $1,670 - $2,500
Rental Market Trends in Lake Hiawatha, NJ
Updated August 2026
The average rent in Lake Hiawatha, NJ is $1,689/month.
Rent in Lake Hiawatha is roughly equal to the national average rent of of $1,663/month.
$1,689/month
Average Rent
841 Sq Ft
Average Size
-5.7%
Change / Year
7
Available Apartments
Lake Hiawatha rent varies by unit size and layout:
- Studio apartments in Lake Hiawatha average per month.
- One-bedroom apartments in Lake Hiawatha average $1,689 per month.
- Two-bedroom apartments in Lake Hiawatha average $2,162 per month.
- Three-bedroom apartments in Lake Hiawatha average or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Lake Hiawatha, NJ?
In the past year, rent has decreased by 5.7%, which averages out to $96 less per month.
Market Trends Over Time
August 2026
2025
2026
Rent Ranges in Lake Hiawatha, NJ
August 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
0%
$1,001 - $1,500/month
50%
$1,501 - $2,000/month
50%
Above $2,000/month
What salary do I need to live comfortably in Lake Hiawatha, NJ?
Because the average rent in Lake Hiawatha is $1,689, you’ll want to make about $5,630 per month or $67,560 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.
How does Lake Hiawatha, NJ compare to other nearby cities and neighborhoods?
Use the tool below to compare Lake Hiawatha, 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.
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
-
Montville
Avg Rent: $2,106/month
-
Parsippany
Avg Rent: $2,103/month
-
Boonton
Avg Rent: $2,746/month
-
Pine Brook
Avg Rent: $2,463/month
-
East Hanover
Avg Rent: $2,947/month
-
Fairfield
Avg Rent: $2,674/month
Apartment Communities in Lake Hiawatha We Think You'll Love
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Frequently Asked Questions
What is the average rent in Lake Hiawatha?
The average rent in Lake Hiawatha is $1,689 per month, which is 1.6% higher than the national average of $1,663.
Are rents going up or down in Lake Hiawatha?
Rents in Lake Hiawatha, NJ are decreasing, with prices down 5.7% year-over-year and $96 less per month.
What rent range is most common in Lake Hiawatha?
In Lake Hiawatha, NJ, 50% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.
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 June 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.