
Cheap Apartments for Rent in Morristown, NJ from $1,750 (59 Rentals)
Search the lowest-cost Apartments available for rent right now in Morristown.


Morris-Elm Apartments

Elmwood Gardens

72 Western Ave

Heritage House

Blair House

The Regency on Elm

Hamilton Court Apartments

Beverly Gardens

Olde Forge East Townhouses
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

183 South St

View Point Terrace

Franklin Manor Apartments

Morris-Hill Apartments

25 Atno Ave

83 Chestnut St

Morris Crossing Townhouses

Franklin Hill Apartments

The Monroe Morristown

The Carlton
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

81 Western Ave

Forty Five Market

The M at Morristown

320 South St

Sofi at Morristown Station

Total Monthly Price
13 Grant St, Unit 1

Modera 55

Total Monthly Price
Chancery Square

47 Ridgedale Ave

Lindsley Arms Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

16 Washington St

105 Pitney Pl

South Street Apartment Homes

Alister Morristown

Modera 44

Max on Morris

196 Mt Kemble Ave

61 Mt Kemble Ave

Parsippany Village

General Wayne and Ridgedale Gardens
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Rosedale Manor

Park Avenue At Florham Park

Chatham Hill Apartments

The Lawrence

Total Monthly Price
The District at 15Fifteen

The American

Whippany Village Apartments

Powder Mill Heights

Cornerstone at Chatham

Brookside Village Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Morristown, NJ Local Guide

How much does it cost to rent an apartment in Morristown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Morristown Studio Apartments | $2,611 | $1,905 | $2,854 |
| Cheap Morristown 1 Bedroom Apartments | $2,949 | $1,750 | $4,145 |
| Cheap Morristown 2 Bedroom Apartments | $3,837 | $2,450 | $6,500 |
| Cheap Morristown 3 Bedroom Apartments | $3,987 | $3,125 | $4,600 |
| Cheap Morristown 4 Bedroom Apartments | $5,700 | $3,800 | $6,650 |
Browse Top Apartments in Morristown
See all Apartments in MorristownExplore Morristown
Morristown, NJ Local Guide
- Morristown Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Morristown, NJ
Pricing Updated: 08/25/2026Current apartment rentals in the Morristown, NJ area range in price from $1,905 to $6,495 with an overall median price of $2,925. Here is today’s list neighborhoods with the lowest median pricing for Morristown Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Morristown | $2,925 | $1,905 | 45 |
Cheapest Available Morristown Apartments for Rent
 The cheapest available apartment rental in Morristown, NJ is a 1 Bed unit found at Brookside Village Apartments in the Governor Estates neighborhood priced from $1,700. Parsippany Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,750. Here is today’s list of the most affordable Morristown apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Brookside Village Apartments | One bedroom | 1BR,1BA | $1,700 |
| Parsippany Village | One Bedroom | 1BR,1BA | $1,750 |
| General Wayne and Ridgedale Gardens | ONE BEDROOM | 1BR,1BA | $2,135 |
| Beverly Gardens | Deluxe 1 Bed 1 Bath | 1BR,1BA | $2,250 |
| Washington Park Terrace | 1 Bedroom | 1BR,1BA | $2,305 |
| Franklin Manor Apartments | 1BR/1BA | 1BR,1BA | $2,375 |
| Morris Crossing Townhouses | 1 Bedroom Deluxe First Floor | 1BR,1BA | $2,450 |
| The Monroe Morristown | 1BR/1.0BA | 1BR,1BA | $2,550 |
| Sterling Parc at Hanover | Hanover | 1BR,1BA | $2,569 |
| Chatham Hill Apartments | 1BR 1BA (820sf) | 1BR,1BA | $2,628 |
Best Value Apartments for Rent in Morristown, NJ
As of August 26, 2026 the best value apartment in the Morristown area is the $2.28 price per square foot Townhome E Model at Hanover Mills in the starting from $5,100. The second greatest value Morristown apartment is the $2.17/sq.ft. - Sycamore Model at Mountain Way Estates starting at $4,300 with a $2.17 price per square foot . Here is today’s list of the best values for Morristown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hanover Mills | Townhome E | 2BR,2.5BA | $2.28 |
| Mountain Way Estates | $2.17/sq.ft. - Sycamore | 3BR,2.5BA | $2.17 |
| Ridgeview Commons | $1.93/sq.ft. - Birch | 2BR,2.5BA | $1.93 |
| Carriage House Townhomes | Three Bed | 3BR,2.5BA | $2.21 |
| Towne Gardens Townhomes | Two Bedroom-Townhouse (L shaped) | 2BR,1BA | $2.24 |
| Powder Mill Heights | $3.36/sq.ft. - Model P1W/P1E | 1BR,1BA | $2.16 |
| 13 Grant St, Unit 1 | 13 Grant St | 1BR,2BA | $2.20 |
| Whippany Village Apartments | A10 | 2BR,2BA | $2.28 |
| The Highlands at Morris Plains | The Mosswood | 2BR,2BA | $2.60 |
| Brookside Village Apartments | One bedroom | 1BR,1BA | $2.27 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Morristown, NJ
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Morristown, NJ Rentals by Map
See the most popular apartments and homes in Morristown, NJ
Frequently Asked Questions about Cheap Morristown Apartments
What is the Cheapest Studio apartment in Morristown?
Currently the most affordable Cheap Studio Apartment in Morristown is at Modera 44 listed at $2,636.
How much is rent for a Cheap One Bedroom Morristown Apartment?
The lowest price for a Cheap One Bedroom Morristown Apartment is $1,700 at Brookside Village Apartments.
What is the lowest price for a Cheap Two Bedroom Morristown Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Morristown is starting from $2,700 at Whippany Village Apartments.
What is the most affordable Morristown Three Bedroom Apartment?
The best deal on a cheap Morristown Three Bedroom Apartment rental is at Morris Crossing Townhouses and starts from $3,700.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.