Rental market snapshot for Stanhope, New Jersey

Stanhope, New Jersey Rental Property Market Overview

Stanhope, New Jersey is a small borough located in Morris County with a population of 3,545 as of 2021, according to the US Census. It is a quiet, suburban community with a variety of local businesses and attractions. The town is home to a variety of parks, trails, and recreational activities, as well as a historic downtown area. Stanhope is a great place to live for those looking for a peaceful, small-town atmosphere.

The average rent for an apartment in Stanhope is $2,867. 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 Stanhope New Jersey | Cost of Living

  • The most expensive ZIP code in Stanhope is 07874 with an average price of $2,447.
  • The cheapest ZIP code in Stanhope is 07874 with an average price of $2,447.

Stanhope ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
107874$2,447

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

Musconetcong is a picturesque river valley located in northern New Jersey. It is a popular destination for outdoor activities such as fishing, canoeing, kayaking, and hiking. The area is home to a variety of wildlife, including bald eagles, ospreys, and beavers. The Musconetcong River is also a popular spot for tubing and swimming. The area is surrounded by lush forests and rolling hills, making it a great spot for a peaceful getaway.

Sussex Branch Trail is a scenic, multi-use trail located in the rural hills of northern New Jersey. The trail is approximately 11 miles long and follows the historic Sussex Branch Railroad line. It is a popular destination for hikers, bikers, and horseback riders, as well as those who enjoy bird watching and nature photography. The trail passes through a variety of habitats, including wetlands, woodlands, and meadows. It also offers stunning views of the surrounding countryside.

Byrammini Park is a picturesque outdoor space located in the heart of a small town. It features a large pond with a fountain, a playground, and plenty of open green space for picnicking and relaxing. The park also has a walking path that winds around the pond, and a gazebo for special events. The park is a popular spot for families and friends to gather and enjoy the beauty of nature.

Byram Township Civic Park is a scenic outdoor destination located in the heart of New Jersey. It features a variety of recreational activities, including a playground, walking trails, picnic areas, and a fishing pond. The park also has a large pavilion, perfect for hosting events and gatherings. The park is surrounded by lush greenery and is a great spot for a peaceful stroll or a family outing.

Furnace Pond Park is a beautiful outdoor destination located in the heart of New Jersey. It features a large pond surrounded by lush green grass and trees, providing a peaceful and tranquil atmosphere. Visitors can take a leisurely stroll around the pond, or take a dip in the cool waters. There are also plenty of picnic tables and benches to relax and enjoy the scenery. The park also offers a variety of activities, such as fishing, boating, and bird watching. With its stunning natural beauty and abundance of activities, Furnace Pond Park is a great place to spend a day outdoors.

Lubbers Run Preserve Vanderbilt is a nature preserve located in Stanhope, New Jersey. It features a variety of outdoor activities, including hiking, biking, fishing, and bird watching. The preserve is home to a variety of wildlife, including deer, foxes, and a variety of birds. It also features a pond, wetlands, and a variety of trails for visitors to explore. The preserve is open to the public year-round and offers a peaceful escape from the hustle and bustle of everyday life.

Mansfield Woods Park is a scenic outdoor destination located in the rolling hills of northern New Jersey. Visitors can explore the park's many trails, which wind through the woods and offer stunning views of the surrounding countryside. There is also a lake where visitors can enjoy fishing, swimming, and kayaking. The park also features a playground, picnic areas, and a pavilion for special events. With its lush forests and tranquil atmosphere, Mansfield Woods Park is a great place to relax and enjoy nature.

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

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How does Stanhope compare to other cities in New Jersey?

citymedian price
Iselin$2,795
Hillsboroughship$2,395
South Amboy$2,310
Maplewoodship$2,080
Bradley Beach$1,975
Hightstown$1,920
Voorhees$1,835

Average household income in Stanhope area graph - US Census

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The median household income in Stanhope in 2021 was $101,754. This represents a 20.3% change from 2011 when the median was $84,554.

#categorypercent
0Less than $10,0000.0%
1$10,000 to $14,9990.7%
2$15,000 to $19,9990.0%
3$20,000 to $24,9990.4%
4$25,000 to $29,9991.3%
5$30,000 to $34,9991.6%
6$35,000 to $39,9995.1%
7$40,000 to $44,9995.2%
8$45,000 to $49,9990.7%
9$50,000 to $59,9998.2%
10$60,000 to $74,9999.9%
11$75,000 to $99,99921.7%
12$100,000 to $124,99913.7%
13$125,000 to $149,99911.2%
14$150,000 to $199,99910.8%
15$200,000 or more9.3%

Neighborhoods in Stanhope

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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.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

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 Stanhope is $2,867.
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