What is the median rent in Mount Hope, NJ?

The median gross rent in Mount Hope, NJ is $1,585 (±$337) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 171 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

Figures last updated on .

Median gross rent
$1,585 (±$337)
Rented homes
171 (±84)
$2,000 or more
22.8%

How much rent costs in Mount Hope

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentMount HopeMorris CountyNew JerseyUnited States
Less than $50016.4% (±26.8 points)4.1%6.1%6.3%
$500 to $9990.0% (±22.9 points)3.9%7.9%20.2%
$1,000 to $1,49928.1% (±26.9 points)17.5%23.5%28.1%
$1,500 to $1,99932.7% (±27.5 points)30.3%28.5%21.1%
$2,000 to $2,49917.5% (±17.4 points)17.6%17.2%12.0%
$2,500 to $2,9990.0% (±22.9 points)13.0%7.9%5.5%
$3,000 or more5.3% (±7.9 points)13.6%8.9%6.8%

The most common range is $1,500 to $1,999, paid by 32.7% of renting households.

22.8% of rented homes in Mount Hope cost $2,000 or more a month.

Mount Hope against Morris County, its state and the nation

Estimate (90% margin of error)
Mount HopeMorris CountyNew JerseyUnited States
Median gross rent$1,585 (±$337)$1,904 (±$30)$1,720 (±$7)$1,413
Rented homes paying rent171 (±84)48,017 (±1,617)1,230,839 (±7,912)42,849,984

In Mount Hope, median gross rent is not measurably different from Morris County ($1,904).

It is not measurably different from New Jersey ($1,720).

It is not measurably different from the national figure ($1,413).

In Morris County, Mount Hope ranks 20 of 24 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 146 of 201.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Median gross rent in places near Mount Hope

Nearest places with a published estimate, compared with Mount Hope
PlaceDistanceMedian gross rentCompared with this place
Mount Hope—$1,585 (±$337)—
Wharton Borough1.9 mi$1,720 (±$124)Not measurably different
White Meadow Lake2.1 mi$2,686 (±$215)Higher
Dover Town2.3 mi$1,825 (±$163)Not measurably different
Rockaway Borough2.4 mi$1,587 (±$335)Not measurably different
Victory Gardens Borough3.0 mi$1,518 (±$121)Not measurably different
Mine Hill Township3.8 mi$1,771 (±$193)Not measurably different
Denville Township3.9 mi$1,817 (±$577)Not measurably different
Lake Hopatcong4.2 mi$1,686 (±$231)Not measurably different

Nearby places with a measurably higher figure: White Meadow Lake, NJ ($2,686).

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

RankPlaceMedian gross rent
14Towaco$1,950 (±$1,929)
15Flanders$1,862 (±$119)
16Landing$1,799 (±$123)
17Parsippany$1,742 (±$41)
18Lake Hopatcong$1,686 (±$231)
19Long Valley$1,655 (±$450)
20Mount Hope$1,585 (±$337)
21Lake Hiawatha$1,550 (±$143)
22Stirling$1,427 (±$462)
23Budd Lake$1,402 (±$44)
24Oak Ridge$1,372 (±$278)

Showing 11 of 24 places in Morris County, ranked from highest to lowest.

Mount Hope is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

It lies inside Rockaway 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 Mount Hope

What is the average rent in Mount Hope, NJ?

The Census Bureau publishes the median rather than the average: the median gross rent in Mount Hope is $1,585 (±$337) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How many rentals in Mount Hope cost more than $2,000 a month?

22.8% of rented homes in Mount Hope have a gross rent of $2,000 or more a month, and 16.4% cost less than $500.

Is rent in Mount Hope higher than in Morris County?

In Mount Hope, median gross rent is not measurably different from Morris County ($1,904).

It is not measurably different from 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

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 Mount Hope CDP, New Jersey (place:48930, 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.

Request a Census API 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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