Cheap Apartments for Rent in Morristown, NJ from $1,400 (27 Rentals)

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Search the lowest-cost Apartments available for rent right now in Morristown.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 17 Budd St

17 Budd St

MorristownNJ07960
property at 10 Ford Ave

10 Ford Ave

MorristownNJ07960

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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16 Washington St
2 Bedroom Apartments

16 Washington St

16 Washington StMorristown, NJ 07960
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Modera 44
Studio to 2 Bedroom Apartments

Modera 44

44 Prospect StMorristown, NJ 07960

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Morristown, NJ Local Guide

Cheapest Neighborhoods for Apartments in Morristown, NJ

Pricing Updated: 06/14/2025

Current apartment rentals in the Morristown, NJ area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Morristown Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Morristown$5,100$1,60076

Cheapest Available Morristown Apartments for Rent

 

The cheapest available apartment rental in Morristown, NJ is a 1 Bed unit found at Parsippany Village priced from $1,675. Heritage House in the Downtown Morristown neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $2,195. Here is today’s list of the most affordable Morristown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parsippany VillageOne Bedroom1BR,1BA$1,675
Heritage HouseSTUDIO 04Studio,1BA$2,195
Morris Crossing Townhouses1 Bedroom Standard Small1BR,1BA$2,225
Olde Forge East TownhousesOne Bedroom1BR,1BA$2,275
View Point Terrace1 Bedroom1BR,1BA$2,275
Modera 44S1 StudioStudio,1BA$2,279
Washington Park Terrace1 Bedroom1BR,1BA$2,300
Beverly GardensDeluxe 1 Bed 1 Bath1BR,1BA$2,334
The District at 15FifteenStudio-S2 SmythStudio,1BA$2,382
Franklin Manor Apartments1BR/1BA1BR,1BA$2,425

Best Value Apartments for Rent in Morristown, NJ

As of June 14, 2025 the best value apartment in the Morristown area is the $2.21 price per square foot Three Bed Model at Carriage House in the in the Downtown Morristown neighborhood starting from $3,885. The second greatest value Morristown apartment is the Deluxe 2 Bed 2 Bath front facing Model at The Flats @ 85 starting at $3,685 with a $2.31 price per square foot in the Downtown Morristown neighborhood. Here is today’s list of the best values for Morristown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Carriage HouseThree Bed3BR,2.5BA$2.21
The Flats @ 85Deluxe 2 Bed 2 Bath front facing2BR,2BA$2.31
Ridgeview Commons$2.12/sq.ft. - Garland2BR,2BA$2.13
Powder Mill Heights$3.12/sq.ft. - Model P1W/P1E1BR,1BA$1.93
Whippany Village ApartmentsB92BR,2BA$2.75
Rose Hall1 Bed 1 Bath1BR,1BA$3.20
Olde Forge East TownhousesOne Bedroom1BR,1BA$2.55
Hanover MillsA4 - Maple1BR,1BA$3.20
Chatham Hill1BR 1BA (780sf)1BR,1BA$3.20
Parsippany VillageOne Bedroom1BR,1BA$2.58

Quick Rent Budget Calculator

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Morristown, NJ Rentals by Map

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Getting Around Morristown, NJ

Walk Score®

74 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

42 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

27 / 100

Some Transit

A few nearby public transportation options

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 Heritage House listed at $2,195.

How much is rent for a Cheap One Bedroom Morristown Apartment?

The lowest price for a Cheap One Bedroom Morristown Apartment is $1,675 at Parsippany Village.

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 $2,530 at Rosedale Manor.

What is the most affordable Morristown Three Bedroom Apartment?

The best deal on a cheap Morristown Three Bedroom Apartment rental is at Sterling Parc at Hanover and starts from $3,550.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.