Rentometer, Inc. | Data as of 10/22/2025
Morris County, New Jersey, offers a dynamic rental market that blends historic charm with modern convenience. Prospective renters can choose from a variety of housing options, ranging from sleek studio apartments in the vibrant downtown of Morristown to spacious family homes in the leafy suburbs of Madison and Morris Plains. The countyâs wellâconnected transit corridors, topârated schools, and proximity to major employment hubs make it a soughtâafter destination for both young professionals and growing families.
Apartment rentals in Morris County reflect a range of lifestyle preferences. Studio units typically command rates in the $2200s, while oneâbedroom apartments hover around the $2500s. Larger floor plans see a noticeable increase, with twoâbedroom apartments averaging in the $3400 range, threeâbedroom units approaching $3900, and premium fourâplusâbedroom apartments reaching the $5600s. For those seeking the privacy of a standâalone residence, twoâbedroom houses are priced near the $3400 mark, threeâbedroom homes around $3900, and larger fourâplusâbedroom houses trend toward the $4900 range. These figures illustrate a balanced market that accommodates a spectrum of budgets without sacrificing quality.
Beyond housing, Morris County boasts a wealth of attractions that enhance the rental experience. Residents enjoy easy access to the Morristown National Historical Park, the cultural offerings of the Mayo Performing Arts Center, and outdoor recreation at Frelinghuysen Arboretum. Shopping and dining thrive at the nearby Short Hills Mall and charming local eateries. With its blend of convenient amenities, scenic neighborhoods, and a robust rental inventory, Morris County remains a premier choice for New Jersey renters.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $2,298 | $2,265 | $1,550 - $3,296 | $2,065 - $2,589 |
| Apartment | 1 Bedroom | $2,543 | $2,524 | $1,100 - $4,450 | $2,100 - $2,950 |
| Apartment | 2 Bedroom | $3,392 | $3,294 | $825 - $10,000 | $2,790 - $3,875 |
| Apartment | 3 Bedroom | $3,782 | $3,750 | $1,600 - $5,795 | $3,475 - $3,975 |
| House | 2 Bedroom | $3,560 | $3,250 | $2,600 - $5,500 | $2,650 - $3,975 |
| House | 3 Bedroom | $3,790 | $3,720 | $3,300 - $4,500 | $3,500 - $4,000 |
| House | 4+ Bedroom | $4,774 | $4,500 | $3,495 - $6,500 | $4,200 - $5,000 |
In the current period, the average rent in Morris was $2,298 for Studio, $2,545 for 1 Bedroom, $3,398 for 2 Bedroom, $3,784 for 3 Bedroom, and $4,845 for 4+ Bedroom.
Data provided by Rentometer, Inc.