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City Report · NJ

Montville

·32nd most expensive in New Jersey·One of the pricier rental markets in the US
Median rent (all units)
$3,054/mo
Year-over-Year
Stable
Month-over-Month
+1.0%
vs US Median
+$1,122
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
Montville · $3,054
More expensive than 92% of US cities · National median $1,932/mo
Affordability
51% of income
EXPENSIVE
0%30% benchmark60%+

At $3,054/mo, rent takes about 51% of the US median household income, well above the 30% benchmark.

Income to afford
$122,000/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: October 17, 2026

Annual cost
$36,648/yr
At $3,054/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.0% YoY, +1.0% MoM), not inventory.
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View Montville rent history (2015–2026) →
Salary vs rent

Can you afford rent in Montville on your salary?

At $3,054/mo, how Montville rent compares to typical pay (30% rule).

Local insights

Tips for renters in Montville

About renting in Montville, NJ

Last updated: October 17, 2026

The median rent in Montville is $3,054/mo as of October 2026.

At 51% of estimated US median household income ($72,000/yr), Montville ranks as expensive compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

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 $122,000/year (about $59/hour full-time) to afford the median rent of $3,054/mo in Montville.

Is rent going up or down in Montville?

Rent in Montville has been roughly flat over the past year, a 0.0% change.

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

Montville is one of the pricier among New Jersey cities for rent, ranking #32 of 178 tracked cities at $3,054/mo.

Which nearby cities are cheaper to rent in than Montville?

Nearby cities with lower median rent than Montville ($3,054/mo) include Boonton ($2,523/mo), Parsippany ($2,832/mo), and Pine Brook ($2,847/mo).
Income Affordability
51%
EXPENSIVE

At $3,054/mo, rent takes ~51% of US median household income ($72,000/yr). The standard benchmark is 30%.

Montville 51%Benchmark 30%
State income tax1.4–10.75%
Run the Montville affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Montville, NJ

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