Cheap Apartments for Rent in 07950

40 rentals

Apartments For Rent Near 07950

We found 30 more apartments matching your filters just outside 07950

Average Rent Trends in 07950

Rent in 07950 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Jun 2025.
MonthAverage rent
Jun 2025$3,600
Jul 2025$2,999
Aug 2025$2,994
Sep 2025$3,472
Oct 2025$3,318
Nov 2025$3,004
Dec 2025$2,999
Jan 2026$2,850
Feb 2026$2,979
Mar 2026$2,891
Apr 2026$3,119
May 2026$2,450
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$2,000$2,900$3,900$4,900$2,495
Townhomes$1,850$3,300$3,900—$3,350
Apartments and Condos$1,950$2,750——$2,200
Houses—$2,450$2,850$4,900$2,850

Frequently Asked Questions about Rentals in 07950

  • What is the average rent of an apartment in 07950?
    The average rent of an apartment in 07950 is $2,688 per month. This is about 39% higher than the national average.
  • What is the average rent of a house in 07950?
    The average rent of a house in 07950 is $4,100 per month. This is about 112% higher than the national average.
  • What is the average rent of a townhome in 07950?
    The average rent of a townhome in 07950 is $3,600 per month. This is about 87% higher than the national average.
  • When is the average rent cheapest in 07950?
    In the last year, the average rent in 07950 was lowest in Jan 2025 when it was $2,300 per month.
  • When is the average rent most expensive in 07950?
    In the last year, the average rent in 07950 was highest in Jun 2025 when it was $3,600 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 07950?
    The average rent of a 1 bedroom apartment in 07950 is $2,050 per month. That is about $325 less than the cost of a studio apartment.
  • How many available rental listings are in 07950?
    There are 38 available rental listings in 07950.
  • What are some cities near 07950?
    Some nearby cities include: Morris Plains, Mount Tabor, Cedar Knolls, Denville, Whippany, Victory Gardens. These cities may have more rental options to explore.
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