Rental market snapshot for Boonton, New Jersey

Boonton, New Jersey Rental Property Market Overview

Boonton, New Jersey is a small town located in Morris County with a population of 8,802 as of 2021, according to the US Census. Boonton is a quaint town with a historic downtown area, a variety of restaurants, and plenty of outdoor activities. The town is home to many parks, trails, and lakes, making it a great place to explore nature. Boonton also has a vibrant arts and culture scene, with a variety of galleries, museums, and performing arts venues. With its small-town charm and plenty of activities, Boonton is a great place to live and visit.

The average rent for an apartment in Boonton is $2,791. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Boonton New Jersey | Cost of Living

  • The most expensive ZIP code in Boonton is 07005 with an average price of $2,552.
  • The cheapest ZIP code in Boonton is 07005 with an average price of $2,552.

Boonton ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
107005$2,552

Live near Boonton, New Jersey's Top Sights and Attractions

Grace Lord Park is a beautiful outdoor space located in Boonton, New Jersey. It features a large pond, walking trails, and plenty of open space for picnics and outdoor activities. The park also has a playground, basketball court, and a gazebo for visitors to enjoy. The park is surrounded by lush greenery and is a great spot for bird watching. There is also a fishing dock where visitors can cast their lines and try to catch some of the local fish.

Veterans Memorial Park is a tranquil outdoor space located in Boonton, New Jersey. It features a memorial honoring the veterans of the town, as well as a large pond with a fountain, a gazebo, and a walking path. The park is a popular spot for locals to relax and enjoy the peaceful atmosphere. Visitors can also take advantage of the picnic tables and benches, as well as the playground and basketball court. The park is a great place to spend time with family and friends, or simply to take a break from the hustle and bustle of everyday life.

Manor Park is a picturesque outdoor area located in Boonton, New Jersey. It features a large pond with a fountain, a gazebo, and a walking path that winds through the park. The park also has a playground, picnic tables, and benches for visitors to enjoy. In the summer, the park is filled with colorful flowers and lush greenery. The park is a popular spot for families to spend time together, as well as for those looking for a peaceful place to relax.

Pyramid Mountain Natural Historic Area is a scenic outdoor destination located in northern New Jersey. It features a variety of trails that wind through the area, offering visitors the opportunity to explore the natural beauty of the area. The trails range from easy to moderate in difficulty, and offer stunning views of the surrounding landscape. The area is also home to a variety of wildlife, including deer, foxes, and a variety of birds. Visitors can also explore the historic ruins of a 19th century ironworks, as well as the remains of a Revolutionary War fort.

Knoll Park is a picturesque park located in a quiet suburban area. It features a large grassy area, perfect for picnics and outdoor activities, as well as a playground for children. There are also several walking trails that wind through the park, allowing visitors to take in the natural beauty of the area. The park also features a pond, which is home to a variety of wildlife, including ducks, geese, and other waterfowl. In addition, Knoll Park has a pavilion, which is a great spot for gatherings and events.

The Boonton Historical Society & Museum is a great place to learn about the history of the area. It features an array of artifacts, documents, photographs, and other items that tell the story of the town's past. Visitors can explore the museum's exhibits, which include a replica of a 19th century general store, a vintage fire engine, and a collection of antique tools. The museum also offers educational programs and events throughout the year, such as lectures, walking tours, and special events.

Tourne County Park is a scenic outdoor destination located in northern New Jersey. It offers a variety of recreational activities, including hiking, biking, fishing, and bird watching. The park features a large lake, several trails, and a variety of wildlife. Visitors can also enjoy picnicking, swimming, and boating. Tourne County Park is a great place to relax and enjoy nature, with its beautiful views of the surrounding area.

Rockaway River is a picturesque spot located in the heart of Boonton, New Jersey. It is a popular destination for locals and visitors alike, offering a variety of recreational activities such as fishing, kayaking, and canoeing. The river is surrounded by lush greenery and is a great spot for a peaceful stroll or a picnic. The area is also home to a variety of wildlife, including birds, fish, and other animals. With its stunning views and tranquil atmosphere, Rockaway River is the perfect place to relax and enjoy nature.

Boonton, New Jersey area median rent change by ZIP code map

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How does Boonton compare to other cities in New Jersey?

citymedian price
Lawrenceship$2,790
Hackensack$2,695
Wood-Ridge$2,435
East Rutherford$2,400
Elmwood Park$2,325
Wallington$2,300
Stanhope$2,000

Average household income in Boonton area graph - US Census

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The median household income in Boonton in 2021 was $85,948. This represents a -2.6% change from 2011 when the median was $88,211.

#categorypercent
0Less than $10,0006.0%
1$10,000 to $14,9991.5%
2$15,000 to $19,9993.8%
3$20,000 to $24,9992.7%
4$25,000 to $29,9993.2%
5$30,000 to $34,9995.0%
6$35,000 to $39,9993.6%
7$40,000 to $44,9993.4%
8$45,000 to $49,9992.2%
9$50,000 to $59,9994.5%
10$60,000 to $74,99910.2%
11$75,000 to $99,99911.9%
12$100,000 to $124,9999.9%
13$125,000 to $149,9998.0%
14$150,000 to $199,99910.9%
15$200,000 or more13.2%

Neighborhoods in Boonton

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

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While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Boonton is $2,791.
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