What is the median rent in Lake Hiawatha, NJ?
The median gross rent in Lake Hiawatha, NJ is $1,550 (±$143) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 1,871 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
Figures last updated on .
- Median gross rent
- $1,550 (±$143)
- Rented homes
- 1,871 (±400)
- $2,000 or more
- 9.9%
How much rent costs in Lake Hiawatha
| Monthly gross rent | Lake Hiawatha | Morris County | New Jersey | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±2.4 points) | 4.1% | 6.1% | 6.3% |
| $500 to $999 | 1.5% (±1.9 points) | 3.9% | 7.9% | 20.2% |
| $1,000 to $1,499 | 44.0% (±15.2 points) | 17.5% | 23.5% | 28.1% |
| $1,500 to $1,999 | 44.5% (±12.0 points) | 30.3% | 28.5% | 21.1% |
| $2,000 to $2,499 | 7.3% (±6.2 points) | 17.6% | 17.2% | 12.0% |
| $2,500 to $2,999 | 1.4% (±2.3 points) | 13.0% | 7.9% | 5.5% |
| $3,000 or more | 1.2% (±2.0 points) | 13.6% | 8.9% | 6.8% |
The most common range is $1,500 to $1,999, paid by 44.5% of renting households.
9.9% of rented homes in Lake Hiawatha cost $2,000 or more a month.
Lake Hiawatha against Morris County, its state and the nation
| Lake Hiawatha | Morris County | New Jersey | United States | |
|---|---|---|---|---|
| Median gross rent | $1,550 (±$143) | $1,904 (±$30) | $1,720 (±$7) | $1,413 |
| Rented homes paying rent | 1,871 (±400) | 48,017 (±1,617) | 1,230,839 (±7,912) | 42,849,984 |
In Lake Hiawatha, median gross rent is lower than in Morris County ($1,904).
It is also lower than in New Jersey ($1,720).
It is not measurably different from the national figure ($1,413).
In Morris County, Lake Hiawatha ranks 21 of 24 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 149 of 201.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Median gross rent in places near Lake Hiawatha
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Lake Hiawatha | — | $1,550 (±$143) | — |
| Parsippany | 2.0 mi | $1,742 (±$41) | Higher |
| Boonton Town | 2.0 mi | $1,849 (±$115) | Higher |
| Pine Brook | 2.2 mi | $2,366 (±$183) | Higher |
| Troy Hills | 2.3 mi | $3,108 (±$944) | Higher |
| Montville Township | 2.5 mi | $2,372 (±$202) | Higher |
| Mountain Lakes Borough | 3.2 mi | $3,500 or more | — |
| Towaco | 3.8 mi | $1,950 (±$1,929) | Not measurably different |
| Rainbow Lakes | 3.8 mi | $2,022 (±$225) | Higher |
Nearby places with a measurably higher figure: Parsippany, NJ ($1,742), Boonton Town, NJ ($1,849), Pine Brook, NJ ($2,366).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Morris County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 15 | Flanders | $1,862 (±$119) |
| 16 | Landing | $1,799 (±$123) |
| 17 | Parsippany | $1,742 (±$41) |
| 18 | Lake Hopatcong | $1,686 (±$231) |
| 19 | Long Valley | $1,655 (±$450) |
| 20 | Mount Hope | $1,585 (±$337) |
| 21 | Lake Hiawatha | $1,550 (±$143) |
| 22 | Stirling | $1,427 (±$462) |
| 23 | Budd Lake | $1,402 (±$44) |
| 24 | Oak Ridge | $1,372 (±$278) |
Showing 10 of 24 places in Morris County, ranked from highest to lowest.
Lake Hiawatha is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Parsippany-Troy Hills Township, whose figures include it.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Lake Hiawatha
What is the average rent in Lake Hiawatha, NJ?
The Census Bureau publishes the median rather than the average: the median gross rent in Lake Hiawatha is $1,550 (±$143) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How many rentals in Lake Hiawatha cost more than $2,000 a month?
9.9% of rented homes in Lake Hiawatha have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
Is rent in Lake Hiawatha higher than in Morris County?
In Lake Hiawatha, median gross rent is lower than in Morris County ($1,904).
It is also lower than in New Jersey ($1,720).
It is not measurably different from the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake Hiawatha CDP, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lake Hiawatha CDP, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lake Hiawatha CDP, New Jersey
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lake Hiawatha CDP, New Jersey (place:37680, in state:34).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
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