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
| Monthly gross rent | Mount Hope | Morris County | New Jersey | United States |
|---|---|---|---|---|
| Less than $500 | 16.4% (±26.8 points) | 4.1% | 6.1% | 6.3% |
| $500 to $999 | 0.0% (±22.9 points) | 3.9% | 7.9% | 20.2% |
| $1,000 to $1,499 | 28.1% (±26.9 points) | 17.5% | 23.5% | 28.1% |
| $1,500 to $1,999 | 32.7% (±27.5 points) | 30.3% | 28.5% | 21.1% |
| $2,000 to $2,499 | 17.5% (±17.4 points) | 17.6% | 17.2% | 12.0% |
| $2,500 to $2,999 | 0.0% (±22.9 points) | 13.0% | 7.9% | 5.5% |
| $3,000 or more | 5.3% (±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
| Mount Hope | Morris County | New Jersey | United States | |
|---|---|---|---|---|
| Median gross rent | $1,585 (±$337) | $1,904 (±$30) | $1,720 (±$7) | $1,413 |
| Rented homes paying rent | 171 (±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
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Mount Hope | — | $1,585 (±$337) | — |
| Wharton Borough | 1.9 mi | $1,720 (±$124) | Not measurably different |
| White Meadow Lake | 2.1 mi | $2,686 (±$215) | Higher |
| Dover Town | 2.3 mi | $1,825 (±$163) | Not measurably different |
| Rockaway Borough | 2.4 mi | $1,587 (±$335) | Not measurably different |
| Victory Gardens Borough | 3.0 mi | $1,518 (±$121) | Not measurably different |
| Mine Hill Township | 3.8 mi | $1,771 (±$193) | Not measurably different |
| Denville Township | 3.9 mi | $1,817 (±$577) | Not measurably different |
| Lake Hopatcong | 4.2 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
| Rank | Place | Median gross rent |
|---|---|---|
| 14 | Towaco | $1,950 (±$1,929) |
| 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 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.
What you can do on Seayora in Mount Hope
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Mount Hope, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Mount Hope beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Mount Hope, and send estimates and invoices from your phone.
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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Mount Hope CDP, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Mount Hope CDP, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Mount Hope 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 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.
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 .
Related
- Housing in Mount Hope at a glance
- Income and affordability in Mount Hope
- Home values in Mount Hope
- Homeowner costs in Mount Hope
- Property taxes in Mount Hope
- Types of homes in Mount Hope
- Bedrooms in Mount Hope
- Age of homes in Mount Hope
- Heating fuel in Mount Hope
- Commute and cars in Mount Hope
- How long people stay in Mount Hope
- New Jersey landlord and tenant rules
- Housing across Morris County
- New Jersey places ranked by median rent
- Housing data for every place in New Jersey