Cheap Apartments for Rent in Morristown, NJ from $1,750 (59 Rentals)

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

property at 72 Western Ave

$1,950 - $3,250

1 To 2 Bedroom Rentals

Available Now

72 Western Ave

MorristownNJ07960

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property at 320 South St

$2,600 - $2,650

1 Bedroom Rentals

Available Now

320 South St

MorristownNJ07960
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13 Grant St, Unit 1
$2,750
Total Monthly Price

Total Monthly Price

Base Rent
$2,750

Total Monthly Price
$2,750
1 Bedroom Apartment Available Now

13 Grant St, Unit 1

13 Grant StMorristown, NJ 07960
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Chancery Square
$2,843 - $3,493
Total Monthly Price

Total Monthly Price

Base Rent
$2,843 - $3,493

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1 to 2 Bedroom Apartments Available Now

Chancery Square

11 Cattano AveMorristown, NJ 07960
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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.

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16 Washington St
2 Bedroom Apartments

16 Washington St

16 Washington StMorristown, NJ 07960
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Alister Morristown
1 to 2 Bedroom Apartments

Alister Morristown

1 Washington AveMorristown, NJ 07960
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Modera 44
Studio to 2 Bedroom Apartments

Modera 44

44 Prospect StMorristown, NJ 07960
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Max on Morris
Studio to 2 Bedroom Apartments

Max on Morris

175 Morris StMorristown, NJ 07960

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.

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

Cheapest Neighborhoods for Apartments in Morristown, NJ

Pricing Updated: 08/25/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Morristown$2,925$1,90545

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 ListingModel NameBed/BathPriced From
Brookside Village ApartmentsOne bedroom1BR,1BA$1,700
Parsippany VillageOne Bedroom1BR,1BA$1,750
General Wayne and Ridgedale GardensONE BEDROOM1BR,1BA$2,135
Beverly GardensDeluxe 1 Bed 1 Bath1BR,1BA$2,250
Washington Park Terrace1 Bedroom1BR,1BA$2,305
Franklin Manor Apartments1BR/1BA1BR,1BA$2,375
Morris Crossing Townhouses1 Bedroom Deluxe First Floor1BR,1BA$2,450
The Monroe Morristown1BR/1.0BA1BR,1BA$2,550
Sterling Parc at HanoverHanover1BR,1BA$2,569
Chatham Hill Apartments1BR 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Hanover MillsTownhome E2BR,2.5BA$2.28
Mountain Way Estates$2.17/sq.ft. - Sycamore3BR,2.5BA$2.17
Ridgeview Commons$1.93/sq.ft. - Birch2BR,2.5BA$1.93
Carriage House TownhomesThree Bed3BR,2.5BA$2.21
Towne Gardens TownhomesTwo Bedroom-Townhouse (L shaped)2BR,1BA$2.24
Powder Mill Heights$3.36/sq.ft. - Model P1W/P1E1BR,1BA$2.16
13 Grant St, Unit 113 Grant St1BR,2BA$2.20
Whippany Village ApartmentsA102BR,2BA$2.28
The Highlands at Morris PlainsThe Mosswood2BR,2BA$2.60
Brookside Village ApartmentsOne bedroom1BR,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.

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

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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

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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.

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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.

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.