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Frequently asked questions
What is the average rent in Medford Lakes, NJ?
The average rent in Medford Lakes, NJ is $1,871.
What type of rental buildings are in Medford Lakes, NJ?
In Medford Lakes 12% of the housing is rented out compared to 88% of homes are owned, according to the most recent Census Bureau estimates. 8% of Medford Lakes's apartments are found in large buildings of 50 units or more, 66% are located in smaller apartment complexes with less than 50 units, and 26% are single-family rentals.
What do typical apartment communities look like in Medford Lakes, NJ?
The average age of rental buildings in Medford Lakes is 46 years old, with 14% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 2 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.
What apartment floorplans are common in Medford Lakes, NJ?
Studio apartments in Medford Lakes are around 0% of rentals, while 1-bedroom floor plans represent 56% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 40% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.