2-Bedroom Apartment Rent in Budd Lake, NJ
Median asking rent for a 2-bedroom apartment in Budd Lake, New Jersey as of July 2026. That's +16% lower than the citywide median of $2,324 and +18% above the national 2-bedroom median of $1,655.
Income needed for a 2-bedroom in Budd Lake
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.
Rent by apartment size in Budd Lake
Compare Budd Lake's median rent across every apartment size.
Cheapest cities for a 2-bedroom in New Jersey
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Camden | $1,420 |
| 2 | Audubon | $1,450 |
| 3 | West Deptford Township | $1,470 |
| 4 | Bellmawr | $1,480 |
| 5 | Clementon | $1,493 |
| 6 | Atlantic City | $1,510 |
| 7 | Pleasantville | $1,550 |
| 8 | Vineland | $1,550 |
| 9 | Millville | $1,560 |
| 10 | Somerdale | $1,620 |
| 11 | Phillipsburg | $1,630 |
| 12 | Passaic | $1,640 |
| 13 | Blackwood | $1,643 |
| 14 | Seaside Heights | $1,670 |
| 15 | Burlington Township | $1,680 |
Most expensive cities for a 2-bedroom in New Jersey
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Hoboken | $3,450 |
| 2 | Mount Arlington | $3,210 |
| 3 | Morris Plains | $3,210 |
| 4 | Livingston | $3,210 |
| 5 | East Hanover Township | $3,210 |
| 6 | Cedar Knolls | $3,210 |
| 7 | Pine Brook | $3,120 |
| 8 | Edgewater | $3,110 |
| 9 | Cresskill | $3,110 |
| 10 | South Orange | $3,100 |
| 11 | Chatham | $3,090 |
| 12 | Morristown | $3,070 |
| 13 | Morganville | $3,000 |
| 14 | Madison | $2,960 |
| 15 | Summit | $2,950 |
Nearby cities — 2-bedroom rent
Considering nearby alternatives? 2 of these cities have cheaper 2-bedroom rents than Budd Lake.
| City | Distance | 2-Bedroom rent | vs Budd Lake |
|---|---|---|---|
| Hackettstown, NJ | 6.2 mi | $1,840 | $-110 (-6%) |
| Newton, NJ | 12.8 mi | $1,940 | $-10 (-1%) |
| Bedminster, NJ | 16.5 mi | $2,760 | +$810 (+42%) |
| Cedar Knolls, NJ | 20.9 mi | $3,210 | +$1,260 (+65%) |
| Bridgewater Township, NJ | 22.1 mi | $2,360 | +$410 (+21%) |
| Raritan, NJ | 22.7 mi | $2,200 | +$250 (+13%) |
| Warren Township, NJ | 23.5 mi | $2,620 | +$670 (+34%) |
| Madison, NJ | 24.4 mi | $2,960 | +$1,010 (+52%) |
| Summit, NJ | 28.9 mi | $2,950 | +$1,000 (+51%) |
| Plainfield, NJ | 29.2 mi | $2,050 | +$100 (+5%) |
| Livingston, NJ | 29.8 mi | $3,210 | +$1,260 (+65%) |
| Short Hills, NJ | 30.3 mi | $2,940 | +$990 (+51%) |
2-Bedroom rent in Budd Lake — common questions
How much is a 2-bedroom apartment in Budd Lake?
As of July 2026, the median 2-bedroom apartment rent in Budd Lake, New Jersey is $1,950 per month. This is +16% below the citywide median of $2,324.
What income do you need to afford a 2-bedroom in Budd Lake?
Using the standard 30% rent-to-income rule, you would need an annual income of about $78,000 ($6,500/month gross), which works out to roughly $37.50/hour at a full-time job.
Is Budd Lake expensive for a 2-bedroom compared to the rest of the US?
Budd Lake's 2-bedroom median of $1,950 is +18% above the national 2-bedroom median of $1,655. It ranks in the 66th percentile of US cities tracked.
How does Budd Lake rank for 2-bedroom rent in New Jersey?
Among the 174 cities in New Jersey with 2-bedroom data, Budd Lake ranks #42 from cheapest to most expensive.
Are there cheaper 2-bedroom options near Budd Lake?
Yes — nearby cities with cheaper 2-bedroom rents include Hackettstown ($1,840), Newton ($1,940).