Rentometer, Inc. | Data as of 12/04/2025
Rainbow Lakes in New Jersey offers a vibrant rental market that caters primarily to apartment‑seeking renters, with a diverse selection of one‑ and two‑bedroom units. Prospective tenants will find the one‑bedroom apartments positioned in the attractive $2600 range, while two‑bedroom homes typically fall around the $3800 mark, reflecting a strong demand for spacious, modern living spaces close to local amenities. The neighborhood’s convenient layout, tree‑lined streets, and well‑maintained community grounds create an appealing environment for young professionals, small families, and retirees alike.
The city’s close proximity to the scenic Lake Hopatcong and its surrounding parks makes it a prime location for outdoor enthusiasts who enjoy boating, fishing, and hiking. Residents also benefit from easy access to vibrant downtown corridors, boutique shops, and a variety of dining options that showcase both local flavors and upscale cuisine. Excellent transportation links, including nearby highways and public transit routes, connect Rainbow Lakes to major employment centers throughout New Jersey, enhancing its appeal for commuters seeking a balanced lifestyle.
For those who value community engagement, Rainbow Lakes hosts regular events at its community center and nearby recreation facilities, fostering a welcoming atmosphere for newcomers. With a steady supply of well‑appointed apartments and a host of natural and cultural attractions, the rental market in Rainbow Lakes remains an attractive choice for anyone looking to experience the best of New Jersey’s suburban charm.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $2,590 | $2,715 | $1,795 - $2,900 | $2,670 - $2,870 |
| Apartment | 2 Bedroom | $3,778 | $3,765 | $3,720 - $3,865 | $3,745 - $3,865 |
In the current period, the average rent in Rainbow Lakes was
$2,590 for 1 Bedroom, and
$3,779 for 2 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.