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City Report · NJ

Montville

·43rd most expensive in New Jersey·One of the pricier rental markets in the US
Median rent (all units)
$3,000/mo
Year-over-Year
Stable
Month-over-Month
-4.2%
vs US Median
+$1,035
Falling (Monthly)
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Most AffordableMost Expensive
Montville · $3,000
More expensive than 90% of US cities · National median $1,965/mo
Affordability
50% of income
STRETCHED
0%30% benchmark60%+

At $3,000/mo, rent takes about 50% of the US median household income, well above the 30% benchmark.

Income to afford
$120,000/yr
US median income
$72,000/yr
Based on the 30%-of-income rule using Montville's median rent and household income. See the full affordability breakdown →
Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$36,000/yr
At $3,000/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -4.2% MoM), not inventory.
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Community

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View Montville rent history (2015–2026) →
Salary vs rent

Can you afford rent in Montville on your salary?

At $3,000/mo, how Montville rent compares to typical pay (30% rule).

Local insights

Tips for renters in Montville

About renting in Montville, NJ

Last updated: July 20, 2026

The median rent in Montville is $3,000/mo as of July 2026.

At 50% of estimated US median household income ($72,000/yr), Montville ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Montville an affordable city for renters?

Montville is considered stretched for renters. At $3,000/mo, rent takes approximately 50% of the US median household income ($72,000/yr). The standard benchmark is 30%. Montville significantly exceeds that threshold, making it challenging for many renters.

How much income do you need to rent in Montville?

To keep rent at or below 30% of gross income, you would need to earn at least $120,000/year (~$58/hour full-time) to afford the median rent of $3,000/mo in Montville.

Is rent going up or down in Montville?

Rent in Montville has been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

How does Montville rent compare to other cities in New Jersey?

Montville is one of the pricier cities in New Jersey for rent, ranking #43 out of 180 tracked cities at $3,000/mo.

Which nearby cities are cheaper to rent in than Montville?

Several nearby cities have lower median rents than Montville ($3,000/mo): Rockaway ($2,660/mo), Pine Brook ($2,871/mo), Parsippany ($2,925/mo).

How does Montville rent compare to the national average?

Montville's median rent of $3,000/mo is $1,035 (53%) above the US national median of $1,965/mo. Within New Jersey, it ranks #43 out of 180 tracked cities.
Income Affordability
50%
STRETCHED

At $3,000/mo, rent takes ~50% of US median household income ($72,000/yr). The standard benchmark is 30%.

Montville 50%Benchmark 30%
State income tax1.4–10.75%
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Neighborhoods

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Public schools near Montville, NJ

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