Morristown, NJ rental market

What is the average rent in Morristown, NJ?

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Last updated August 12, 2026

Rental market summary

The average rent for all bedrooms and all property types in Morristown, NJ is $3,100.

Average rent

$3,100

Month-over-month change

+$200

Year-over-year change

-$60

Available rentals

83

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,905 to $9,500.

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Rent frequencies
Rent priceNumber of rental properties
$1,9001
$2,1003
$2,2003
$2,3003
$2,4004
$2,5006
$2,6003
$2,7005
$2,8006
$2,9008
$3,0008
$3,1006
$3,2002
$3,3001
$3,4004
$3,5005
$3,6004
$3,7002
$3,8001
$3,9002
$4,0003
$4,1002
$4,2001
$4,3002
$4,4003
$4,5001
$4,8001
$4,9004
$5,000+6

Average rent price over time

In the last year, rent has decreased by $60 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$2,700$3,077
Feb$2,798$3,000
Mar$2,920$3,000
Apr$3,064$2,854
May$3,001$2,953
Jun$2,900$2,952
Jul$2,900$2,907
Aug$3,000$3,000
Sep$3,100No data
Oct$3,000No data
Nov$3,200No data
Dec$2,904No data

Market temperature

The Morristown, NJ rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Morristown, NJ is 55% higher than the national average.

Morristown, NJvs.

$3,100

$2,000

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Frequently asked questions

1. What is the average rent in Morristown, NJ?

The average rent in Morristown, NJ is $3,100.

2. What is the average rent for a studio apartment in Morristown, NJ?

The average rent for a studio apartment in Morristown, NJ is $2,375 per month.

3. What is the average rent for a one-bedroom apartment in Morristown, NJ?

The average rent for a one-bedroom apartment in Morristown, NJ is $2,475 per month.

4. What is the average rent for a two-bedroom apartment in Morristown, NJ?

The average rent for a two-bedroom apartment in Morristown, NJ is $3,295 per month.

5. What is the average rent for a three-bedroom apartment in Morristown, NJ?

The average rent for a three-bedroom apartment in Morristown, NJ is $3,950 per month.

6. What is the average rent for a four-bedroom apartment in Morristown, NJ?

The average rent for a four-bedroom apartment in Morristown, NJ is $6,533 per month.

7. How much does it cost to rent a house in Morristown, NJ?

Houses in Morristown, NJ rent between $1,905 - $9,500 with an average rent of $3,100.

8. How has the rent in Morristown, NJ changed in the last year?

In the last year, the rent in Morristown, NJ decreased by $60

9. How much has the rent in Morristown, NJ increased/decreased in the last month?

In the last month, the rent in Morristown, NJ increased by $200

10. How many available rentals are there in Morristown, NJ?

There are currently 83 rentals available in Morristown, NJ.

11. How do rent prices in Morristown, NJ compare with the national average?

The average rent in Morristown, NJ is $3,100 — 55% higher the national average of $2,000.

Zip codes in Morristown, NJ

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