2026 Affordability Data
Most Affordable Neighborhoods in Mountain Lakes borough - 2026 Data
The median home value in Mountain Lakes borough is $869,800, 209% above nat'l avg. Median rent is $3,501/month. We ranked 15 neighborhoods by affordability to help you find the best value in the Mountain Lakes borough, NJ area.
Key Takeaways: Affordability in Mountain Lakes borough
- 1The most affordable neighborhood in Mountain Lakes borough is East Orange, with a median home value of $282,900.
- 2Mountain Lakes borough's median home value is $869,800, 209% above nat'l avg (national: $281,900).
- 3Median rent in Mountain Lakes borough is $3,501/month, 201% above nat'l avg (national: $1,163/month).
- 4We analyzed 15 neighborhoods in Mountain Lakes borough to find the most affordable areas based on home values, rent, and affordability index.
Mountain Lakes borough Affordability Overview
Median Home Value
$869,800
209% above nat'l avg
Median Rent
$3,501/mo
201% above nat'l avg
Median Income
$250,001
235% above nat'l avg
Affordability Index
N/A
Most Affordable Neighborhoods in Mountain Lakes borough (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | East OrangeNJ | $282,900 |
| 2 | GuttenbergNJ | $364,500 |
| 3 | CliftonNJ | $428,000 |
| 4 | PassaicNJ | $379,800 |
| 5 | Freehold boroughNJ | $361,700 |
| 6 | West New YorkNJ | $407,000 |
| 7 | Metuchen boroughNJ | $537,000 |
| 8 | New Providence boroughNJ | $700,700 |
| 9 | Florham Park boroughNJ | $705,200 |
| 10 | Hopatcong boroughNJ | $284,600 |
| 11 | Edgewater boroughNJ | $750,200 |
| 12 | Union CityNJ | $448,000 |
| 13 | Haddonfield boroughNJ | $623,900 |
| 14 | PlainfieldNJ | $351,500 |
| 15 | Ringwood boroughNJ | $417,500 |
Detailed Neighborhood Profiles
Home Value: $282,900
Rent: $1,625/mo
Affordability: 110
Population: 68,879
Walk Score: 25/100
Home Value: $364,500
Rent: $1,625/mo
Affordability: 110
Population: 11,765
Walk Score: 25/100
Home Value: $428,000
Rent: $1,625/mo
Affordability: 110
Population: 89,451
Walk Score: 25/100
4
Home Value: $379,800
Rent: $1,625/mo
Affordability: 110
Population: 70,048
Walk Score: 25/100
5
Home Value: $361,700
Rent: $1,625/mo
Affordability: 110
Population: 12,498
Walk Score: 25/100
6
Home Value: $407,000
Rent: $1,625/mo
Affordability: 110
Population: 52,438
Walk Score: 25/100
7
Home Value: $537,000
Rent: $1,625/mo
Affordability: 110
Population: 14,958
Walk Score: 25/100
8
Home Value: $700,700
Rent: $1,625/mo
Affordability: 110
Population: 13,595
Walk Score: 25/100
9
Home Value: $705,200
Rent: $1,625/mo
Affordability: 110
Population: 12,790
Walk Score: 25/100
10
Home Value: $284,600
Rent: $1,625/mo
Affordability: 110
Population: 14,411
Walk Score: 25/100
11
Home Value: $750,200
Rent: $1,625/mo
Affordability: 110
Population: 14,394
Walk Score: 25/100
12
Home Value: $448,000
Rent: $1,625/mo
Affordability: 110
Population: 67,258
Walk Score: 25/100
13
Home Value: $623,900
Rent: $1,625/mo
Affordability: 110
Population: 12,456
Walk Score: 25/100
14
Home Value: $351,500
Rent: $1,625/mo
Affordability: 110
Population: 54,358
Walk Score: 25/100
15
Home Value: $417,500
Rent: $1,625/mo
Affordability: 110
Population: 11,692
Walk Score: 25/100
Frequently Asked Questions About Affordability in Mountain Lakes borough
What is the most affordable neighborhood in Mountain Lakes borough, NJ?▾
Based on 2026 data, East Orange is the most affordable neighborhood in Mountain Lakes borough with a median home value of $282,900. Kurby analyzed 15 neighborhoods in the Mountain Lakes borough area to compile these rankings.
What is the median home price in Mountain Lakes borough, NJ?▾
The median home price in Mountain Lakes borough is $869,800, which is 209% above nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
What is the average rent in Mountain Lakes borough, NJ?▾
The median monthly rent in Mountain Lakes borough is $3,501. This is 201% above nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Mountain Lakes borough?▾
The median household income in Mountain Lakes borough is $250,001 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).