Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mountain Lakes area can be challenging. Home prices in Mountain Lakes are now at a median cost of $819,253, higher than the New Jersey average of $388,929.
The average cost of rent is $1,748/mo in Mountain Lakes, primarily driven by the current value of real estate in the Mountain Lakes area. While nearly 29.28% of residents own their homes outright in Mountain Lakes, 8.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mountain Lakes is $17,387 per month. Households that rent pay about 10.05% of their income on rent here. Mountain Lakes's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Boonton, NJ: less expensive homes
- Mount Tabor, NJ: less expensive homes
- Parsippany, NJ: less expensive homes
- Denville, NJ: less expensive homes
- Lake Hiawatha, NJ: less expensive homes
- Montville, NJ: less expensive homes
- Morris Plains, NJ: less expensive homes
- Rockaway, NJ: less expensive homes
- Whippany, NJ: less expensive homes
- Cedar Knolls, NJ: less expensive homes
Cities with Similar Populations
- Washington Crossing, PA: equally priced homes
- Litchfield, CT: less expensive homes
- Cotulla, TX: less expensive homes
- Dearing, GA: less expensive homes
- Frankfort, OH: less expensive homes
- South Bound Brook, NJ: less expensive homes
- Macon, MS: less expensive homes
- Petersburg, IN: less expensive homes
- Pipestone, MN: less expensive homes
- Ridge Manor, FL: less expensive homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood