Last updated on September 13, 2026

Average rent in
Morristown, NJ

Median rent

Median rent in Morristown

$3,078/mo

increased by2%

vs previous year

The average rent in Morristown is $3,078 per month as of September 2026. This is 62% above the national average rent, or $1,178 more per month.

$6.10

average price per square foot

Total rentals

Available rentals in Morristown

43

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Morristown rentals at each price point

50%38%25%13%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Morristown, NJ

Average rent prices in Morristown have decreased by 6% over the last month and have increased by 2% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Morristown, NJ

Rent prices in Morristown vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Morristown is $2,872, whereas a house costs $4,000. 1-bedroom apartments in Morristown run $2,742 on average, while 2-bedroom apartments are $2,900.

Listings

Studio

$2,300

12%

15%

1 bedroom

$2,575

9%

7%

2 bedroom

$3,350

2%

2%

3 bedroom

$3,800

No Change

3%

4 bedroom

$5,000

16%

1%

Studio

Average rent

$2,300

Last 30 days

12%

Last year

15%

1 bedroom

Average rent

$2,575

Last 30 days

9%

Last year

7%

2 bedroom

Average rent

$3,350

Last 30 days

2%

Last year

2%

3 bedroom

Average rent

$3,800

Last 30 days

No Change

Last year

3%

4 bedroom

Average rent

$5,000

Last 30 days

16%

Last year

1%

The table above reflects average rent prices in Morristown, NJ, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Morristown, NJ compare to other cities?

Compare median rent prices in Morristown and Bernardsville by all bedroom counts and property types.

Morristown

Median rent price$3,078
increased by62%

higher than the national median

Median rent price$2,850
increased by50%

higher than the national median

Takeaway

The median rent for all rentals in Morristown, NJ is 8% higher than the median rent in Bernardsville, NJ.

Cost of living in Morristown, NJ

Explore the cost of essential expenses, and then use our rent calculator to find out how much rent you can afford.

Expenses
accrued by most renters
Average cost
compared to national average
Goods & Services1% higher
Groceries2% higher
Health7% higher
Housing23% higher
Transportation5% lower
Utilities2% lower

Discover rentals in Morristown, NJ

83 Chestnut St #2 - Photo 1 of 1

5d+ ago

Apartment for rent in Morristown

Rental, Morristown Town, NJ

83 Chestnut St #2, Morristown, NJ 07960

2 beds

1 bath

$2,450

72 Western Ave Unit B - Photo 1 of 1

3d ago

Apartment for rent in Morristown

Rental, Morristown Town, NJ

72 Western Ave Unit B, Morristown, NJ 07960

2 beds

1 bath

$3,250

$2,500

Price drop

81 Western Ave - Photo 1 of 1

5d+ ago

Apartment for rent in Morristown

Morristown Town, NJ

81 Western Ave, Morristown, NJ 07960

2 beds

2 baths

$2,600

72 Western Ave Unit A #1 - Photo 1 of 1

3d ago

Apartment for rent in Morristown

Rental, Morristown Town, NJ

72 Western Ave Unit A #1, Morristown, NJ 07960

2 beds

1 bath

$3,750

$2,750

Price drop

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Morristown, NJ

Quick answers to common questions about the Morristown rental market.

How much is rent in Morristown?

The average rent in Morristown is $3,078 per month as of September 12, 2026.

Is rent up or down in Morristown?

Average rent prices in Morristown have decreased by 6% over the last month and have increased by 2% since last year.

How does Morristown rent compare to the national average?

Rent in Morristown is 62% above the national average, which means renters are paying approximately $1,178 more per month.

What salary do I need to afford rent in Morristown?

To comfortably afford rent in Morristown, you'd need to earn approximately $123,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Morristown?

March offers the lowest rents in Morristown, with prices running about 9% lower than September's peak rates, making it an ideal time for budget-conscious apartment hunting.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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