Rentometer, Inc. | Data as of 10/22/2025
Rainbow Lakes, a vibrant city in New Jersey, offers a welcoming blend of suburban tranquility and convenient urban access. Nestled near a series of scenic lakes and green spaces, the area is prized for its outdoor recreation opportunities, including walking trails, fishing spots, and family‑friendly parks. Residents enjoy easy connections to major highways and a nearby commuter rail station, making trips to New York City and the greater New Jersey region straightforward. The community’s charming downtown features boutique shops, diverse dining options, and cultural events that reflect the city’s lively spirit, while well‑maintained schools and healthcare facilities add to its appeal for professionals and families alike.
The local rental market is anchored by quality apartment living, with a strong selection of one‑ and two‑bedroom units. One‑bedroom apartments typically rent in the $2600 range, while two‑bedroom options often fall in the $3700 range, reflecting the desirability of modern amenities and convenient locations near transit and entertainment hubs. Many complexes provide on‑site fitness centers, pet‑friendly policies, and contemporary finishes that attract young professionals and growing households. With its mix of natural beauty, easy commuting, and vibrant community life, Rainbow Lakes continues to be a sought‑after destination for renters looking for a balanced New Jersey lifestyle.
| 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.