What's the average rent in Morristown, NJ?

Rental Market Trends in Morristown, NJ

SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Morristown, NJ is $3,000 per month, which is 55% higher than the national average rent of $1,930 per month.

AVERAGE RENT

$3,000

9.1%$250 increase month-over-month

0.0%No change year over year

AVAILABLE RENTALS

APARTMENTS

$2,813

HOUSES

$5,150

TOWNHOUSES

$2,750

As of May 2026, townhomes are the most affordable rental option in Morristown, NJ at $2,750 per month, while houses are the most expensive at $5,150 per month. Apartments average $2,813 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$2,450
2 Bedrooms	$3,200
3 Bedrooms	$4,300
4 Bedrooms	$4,150
All	$3,000

As of May 2026, the average rent for a 1 bedroom rental in Morristown, NJ is $2,450 per month, followed by $3,200 for a 2 bedroom rental, $4,300 for a 3 bedroom rental, and $4,150 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,950
2 Bedrooms	$3,300
3 Bedrooms	$5,400
4 Bedrooms	—
All	$2,750

As of May 2026, the average rent for a 1 bedroom townhome in Morristown, NJ is $1,950 per month, followed by $3,300 for a 2 bedroom townhome, and $5,400 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$2,450
2 Bedrooms	$3,500
3 Bedrooms	$4,300
4 Bedrooms	$4,150
All	$3,000

As of May 2026, the average rent for a 1 bedroom apartment in Morristown, NJ is $2,450 per month, followed by $3,500 for a 2 bedroom apartment, $4,300 for a 3 bedroom apartment, and $4,150 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$750
2 Bedrooms	$5,000
3 Bedrooms	$6,000
4 Bedrooms	—
All	$5,150

As of May 2026, the average rent for a 1 bedroom house in Morristown, NJ is $750 per month, followed by $5,000 for a 2 bedroom house, and $6,000 for a 3 bedroom house.