Cheap Apartments for Rent in 07981

4 rentals

Apartments For Rent Near 07981

We found 30 more apartments matching your filters just outside 07981

Average Rent Trends in 07981

Rent in 07981 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Sep 2026 compared to the previous month. Rent previously peaked in Oct 2025.
MonthAverage rent
Oct 2025$3,500
Nov 2025$3,300
Dec 2025$3,400
Jan 2026$3,300
Feb 2026$3,300
Mar 2026$3,000
Apr 2026$2,650
May 2026$2,950
Jun 2026$3,250
Jul 2026$3,350
Aug 2026$3,350
Sep 2026$3,600
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Average Rent By Bedroom and Home Type

In October 2026, Houses were the most affordable home type to rent compared with Apartments and Condos and Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$2,750$4,407—$4,100$3,200
Townhomes—$3,300——$3,300
Apartments and Condos$2,400———$2,400
Houses———$4,100$2,000

Frequently Asked Questions about Rentals in 07981

  • What is the average rent of an apartment in 07981?
    The average rent of an apartment in 07981 is $3,222 per month. This is about 65% higher than the national average.
  • What are the cheapest months to find an apartment to rent in 07981?
    Last year, the cheapest month to find an apartment to rent was May 2025 when it was $2,600 per month.
  • How many cheap apartments are available in 07981?
    There are 3 apartments to rent that are cheaper than the city’s average rent of $3,200.
  • When is the average rent most expensive in 07981?
    In the last year, the average rent in 07981 was highest in Oct 2025 when it was $3,500 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 07981?
    The average rent of a 1 bedroom apartment in 07981 is $2,750 per month. That is about $750 more than the cost of a studio apartment.
  • What are some cities near 07981?
    Some nearby cities include: Whippany, Cedar Knolls, Parsippany, East Hanover Township, Florham Park, Morris Plains. These cities may have more rental options to explore.