Morristown, NJ rental market

What is the average rent in Morristown, NJ?

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Last updated November 8, 2026

Rental market summary

The average rent for all bedrooms and all property types in Morristown, NJ is $3,084.

Average rent

$3,084

Month-over-monthMoM change

+$34

Year-over-yearYoY change

-$106

Available rentals

97

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,600 to $7,000.

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Rent frequencies
Rent priceNumber of rental properties
$1,5001
$1,6002
$1,7001
$1,8001
$1,9002
$2,0001
$2,1004
$2,2008
$2,3005
$2,4006
$2,5004
$2,6005
$2,7005
$2,8009
$2,9005
$3,0007
$3,1005
$3,2004
$3,3003
$3,4003
$3,5006
$3,6007
$3,7005
$3,8005
$3,9004
$4,0004
$4,3001
$4,4001
$4,5001
$4,6002
$4,7001
$4,9002
$5,000+6

Average rent price over time

In the last year, rent has decreased by $106 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$3,100$3,050
Oct$3,000$3,000
Nov$3,200$3,000
Dec$2,904No data

Market temperature

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

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Morristown, NJ is 54% higher than the national average.

Morristown, NJvs.
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$3,084

$1,999

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Frequently asked questions

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

The average rent in Morristown, NJ is $3,084.

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

The average rent for a studio apartment in Morristown, NJ is $2,350 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 $2,400 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 $3,228 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 $3,800 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 $4,733 per month.

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

Houses in Morristown, NJ rent between $1,600 - $7,000 with an average rent of $3,084.

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

In the last year, the rent in Morristown, NJ decreased by $106

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 $34

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

There are currently 97 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 $3,084 — 54.28% higher the national average of $1,999.

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