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Rent by ZIP · Morris County

Rent in Lake Hiawatha, NJ 07034

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,990 (+1.5% vs FY2026). Renters in this ZIP code pay a median $1,550 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,460$1,430+2.1%$1,314–1,606–
1 bedroom$1,640$1,620+1.2%$1,476–1,804$1,459 ±$79
2 bedrooms$1,990$1,960+1.5%$1,791–2,189$1,797 ±$59
3 bedrooms$2,490$2,450+1.6%$2,241–2,739$2,307 ±$552
4 bedrooms$2,830$2,790+1.4%$2,547–3,113–

Small Area FMRs for the Newark, NJ HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Newark, NJ HUD Metro FMR Area, 2 bedrooms: $2,233.

What renters pay in 07034

Median gross rent$1,550±$143 · all sizes
Renter households1,87141% of occupied homes
No cash rent0households

How rents are spread

Under $1,0002%
$1,000–1,49944%
$1,500–1,99945%
$2,000–2,4997%
$2,500–2,9991%
$3,000–3,4991%
$3,500+0%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
07033Kenilworth$2,710$1,807
07035Lincoln Park$2,400$1,984
07032Kearny$2,600$1,713
07036Linden$2,160$1,681
07031North Arlington$2,190$1,806
07030Hoboken$4,190$3,371

Fair Market Rents across Morris County, NJ · All NJ counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.