What is the average apartment size in Budd Lake?

The average size for a Budd Lake, NJ apartment is 853 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Budd Lake?

As of May / 2025, the average rent in Budd Lake is $2,000 per month, a 1.53% increase from last year’s average of $1,970.

What is the average apartment size in Budd Lake?

The typical apartment in Budd Lake offers about 853 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

Budd Lake, NJ Rental Market Trends

Q: What's the typical rent budget in Budd Lake?

The typical rent budget in Budd Lake ranges from $2,001 to $2,500 per month, with 51% of rentals in this range.

Q: Do most people rent or own in Budd Lake?

In Budd Lake, 26% of households rent while 74% own their homes, based on the latest U.S. Census data.

Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Budd Lake is $2,000, a 1.53% increase compared to the previous year, when the average rent was $1,970.

One-bedroom apartments provide 821 square feet for $1,900, balancing privacy and affordability.

Two-beedroom units at $2,399 offer 981 square feet, perfect for roommates or small families.

Average rent in Budd Lake, NJ

Last updated: October 19, 2025

	Average Rent	Average Apartment Size
All Rentals	$2,000	853 sq. ft.
Studio	n/a	n/a
1 Bed	$1,900	821 sq. ft.
2 Beds	$2,399	981 sq. ft.
3 Beds	n/a	n/a

Budd Lake, NJ rent trends

Rental prices in Budd Lake, NJ have increased by 1.53% over the past year. The average rent moved from $1,970 to $2,000.

What's the typical rent budget in Budd Lake, NJ?

The largest share of rentals in Budd Lake, NJ (51%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Budd Lake, NJ?

944 or 26% of the households in Budd Lake, NJ are renter-occupied while 2,676 or 74% are owner-occupied.

Access comprehensive real estate data and information on Yardi Matrix

How Budd Lake Compares to Other Cities

City	Average Rent
Bayonne	$2,633
Hoboken	$4,513
Summit	$2,844
Elizabeth	$1,887
East Orange	$1,832
Paterson	$1,724
Camden	$1,418
Jersey City	$3,768
Newark	$1,746
Jersey Shore	$2,148
Budd Lake	$2,000

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Budd Lake apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.