Cheap Apartments for Rent in Morristown, NJ from $1,400 (37 Rentals)

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

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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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.

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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
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Alister Morristown
1 to 2 Bedroom Apartments

Alister Morristown

1 Washington AveMorristown, NJ 07960

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Showing Results 1-37, Page 1 of 1

Morristown, NJ Local Guide

Cheapest Neighborhoods for Apartments in Morristown, NJ

Pricing Updated: 10/12/2025

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$3,615$1,42587

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 $1,825. Washington Park Terrace in the Downtown Morristown neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,100. Here is today’s list of the most affordable Morristown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parsippany VillageOne Bedroom1BR,1BA$1,825
Washington Park Terrace1 Bedroom Jr1BR,1BA$2,100
Modera 44S1 StudioStudio,1BA$2,147
Morris Crossing Townhouses1 Bedroom Standard1BR,1BA$2,225
Beverly GardensDeluxe 1 Bed 1 Bath1BR,1BA$2,249
View Point Terrace1 Bedroom1BR,1BA$2,275
Olde Forge East TownhousesOne Bedroom1BR,1BA$2,275
Franklin Manor Apartments1BR/1BA1BR,1BA$2,350
The Highlands at Morris PlainsThe Foxglove1BR,1BA$2,425
Chatham Hill1BR 1BA (820sf)1BR,1BA$2,448

Best Value Apartments for Rent in Morristown, NJ

As of October 12, 2025 the best value apartment in the Morristown area is the $2.55 price per square foot M Model at 25 Mill St in the starting from $6,500. The second greatest value Morristown apartment is the $2.34/sq.ft. - Cedar Model at Ridgeview Commons starting at $3,495 with a $1.63 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.
25 Mill StM2BR,2.5BA$2.55
Ridgeview Commons$2.34/sq.ft. - Cedar2BR,2BA$1.63
Mountain Way Estates$2.06/sq.ft. - Tulip2BR,2.5BA$2.16
Carriage HouseThree Bed3BR,2.5BA$2.21
Powder Mill Heights$3.12/sq.ft. - Model P1W/P1E1BR,1BA$2.01
Heritage House2 BED, 2 BATH-122BR,2BA$2.50
133 Western Ave, Unit Left side133 Western Ave3BR,1BA$2.50
Whippany Village ApartmentsB92BR,2BA$2.75
Olde Forge East TownhousesOne Bedroom1BR,1BA$2.55
Parsippany VillageOne Bedroom1BR,1BA$2.81

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Best Local Schools in
Morristown, NJ

School data provided by Great Schools

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

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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

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $2,147.

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

The lowest price for a Cheap One Bedroom Morristown Apartment is $1,825 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 $2,800 at 34 Eden.

What is the most affordable Morristown Three Bedroom Apartment?

The best deal on a cheap Morristown Three Bedroom Apartment rental is at Carriage House and starts from $3,885.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.