Rentometer, Inc. | Data as of 10/22/2025
Lake Hiawatha, located in the heart of New Jersey, offers a quiet suburban charm while remaining well‑connected to the greater New York metropolitan area. The rental market here is dominated by apartment living, with a strong selection of one‑bedroom units that cater to young professionals, couples, and retirees alike. The average rent for a one‑bedroom apartment sits around $1820, with the median hovering near $1870, positioning Lake Hiawatha as an attractive option for those seeking quality housing at a competitive price point. Although the current sample highlights apartments, the broader market also accommodates single‑family homes, providing flexibility for renters who prefer more space or a traditional townhouse setting.
Residents enjoy a blend of leafy streets, well‑rated schools, and easy access to local amenities such as the scenic Lake Hiawatha Park, the historic downtown district, and convenient shopping at nearby malls and boutique stores. Commuters benefit from the NJ Transit Morris & Essex line, delivering a swift ride to Hoboken and Manhattan, while major highways like I‑280 and Route 10 ensure smooth travel across the state. With a welcoming community atmosphere, ample green spaces, and a balanced mix of rental options, Lake Hiawatha stands out as a desirable destination for anyone looking to settle into a vibrant New Jersey city with both comfort and convenience.
Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
---|---|---|---|---|---|
Apartment | 1 Bedroom | $1,820 | $1,870 | $1,695 - $1,895 | $1,695 - $1,895 |
In the current period, the average rent in Lake Hiawatha was
$1,820 for 1 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.