Prices last verified
Average Rent in Packanack Lake & Rent Trends
Rent prices and market trends across 1 apartment community in Packanack Lake, Wayne, NJ. Updated daily.
Market Average
$2,947/mo
Lowest Listed
$2,240/mo
as of Oct 3
Communities
1
tracked daily
Units Listed
10
as of Oct 3
Rent Watch: cuts and increases
Open Rent Watch →See current options while we confirm new price comparisons. Filter by bedrooms and budget, then inspect each building’s history.
Packanack Lake vs Wayne, NJ Average
Packanack Lake is the same price as the Wayne, NJ average . The citywide average is $2,947/mo across all neighborhoods.
Is Rent Going Up or Down in Packanack Lake?
As of October 2026, the average rent in Packanack Lake is $2,947 per month across 1 apartment community and 10 recently listed units.
The most affordable option is Avalon Wayne starting at $2,240/mo. By unit type, a studio averages $2,809/mo, a 1-bedroom averages $2,345/mo, a 2-bedroom averages $3,395/mo, a 3-bedroom averages $4,995/mo.
Prices range from $2,240 to $5,050 per month. The most common price point is the $2,200 range, where 6 units were listed.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Packanack Lake
Rent Prices by Apartment in Packanack Lake
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Avalon Wayne | $2,240/mo | $2,947/mo | 10 | 4.9 |
Frequently Asked Questions About Rent in Packanack Lake
What is the average rent in Packanack Lake?
Is rent going up or down in Packanack Lake?
What is the cheapest apartment in Packanack Lake?
How much is a 1-bedroom apartment in Packanack Lake?
How many apartments are available in Packanack Lake?
What salary do I need to live comfortably in Packanack Lake?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$118,000/year
Based on the 30 percent rule, using our tracked average rent of $2,947/mo.
Comfortable income
$141,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($2,240/mo), you need to earn at least $90,000/year.
Cost of living in Packanack Lake
We only have live rent data for Packanack Lake so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,947 |
| Estimated total | $2,947/mo |
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures are refreshed annually.
Google Search Trends for Packanack Lake Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Packanack Lake Apartments
Browse all 1 communities with daily-updated pricing and availability.