Morristown, NJ rental market

What is the average rent in Morristown, NJ?

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Last updated September 26, 2026

Rental market summary

The average rent for all bedrooms and all property types in Morristown, NJ is $3,000.

Average rent

$3,000

Month-over-month change

-$50

Year-over-year change

$0

Available rentals

86

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,125 to $7,000.

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Rent frequencies
Rent priceNumber of rental properties
$1,1001
$1,7001
$1,8001
$1,9003
$2,0002
$2,1003
$2,2004
$2,3001
$2,4006
$2,5007
$2,6005
$2,7004
$2,8008
$2,9005
$3,0007
$3,1005
$3,2002
$3,3002
$3,4002
$3,5004
$3,6004
$3,7005
$3,8001
$3,9003
$4,0004
$4,1003
$4,2001
$4,3001
$4,4002
$4,5001
$4,8001
$4,9003
$5,000+5

Average rent price over time

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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$3,100$3,050
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 50% higher than the national average.

Morristown, NJvs.

$3,000

$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 $3,000.

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

The average rent for a studio apartment in Morristown, NJ is $2,400 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 $2,425 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 $3,250 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 $3,750 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 $4,675 per month.

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

Houses in Morristown, NJ rent between $1,125 - $7,000 with an average rent of $3,000.

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

In the last year, the rent in Morristown, NJ did not change.

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

In the last month, the rent in Morristown, NJ decreased by $50

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

There are currently 86 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 $3,000 — 50% higher the national average of $2,000.

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