Cheap Apartments for Rent in Morristown, NJ from $1,100 (50 Rentals)

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

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.

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property at 10 Ford Ave

$2,250 - $3,150

1 To 2 Bedroom Rentals

Available Now

10 Ford Ave

MorristownNJ07960

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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property at 320 South St

$2,300 - $2,400

1 Bedroom Rentals

Available Now

320 South St

MorristownNJ07960
property at 91 Chestnut St

$1,895

Total Monthly Price

Total Monthly Price

Base Rent
$1,895
Total Monthly Price
$1,895

1 Bedroom, 1 Bath Condo for Rent

Available Now

91 Chestnut St, Unit A, Unit A

91 Chestnut St
MorristownNJ07960
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16 Washington St
2 Bedroom Apartments

16 Washington St

16 Washington StMorristown, 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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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

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.

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property at 2350 NJ-10

$1,950 - $2,000

1 Bedroom Rentals

Available Now

2350 NJ-10

Morris PlainsNJ07950

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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Showing Results 1-50, Page 1 of 1

Morristown, NJ Local Guide

Cheapest Neighborhoods for Apartments in Morristown, NJ

Pricing Updated: 04/12/2026

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$4,450$1,19568

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 $1,705. Park Avenue At Florham Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,250. Here is today’s list of the most affordable Morristown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parsippany VillageOne Bedroom1BR,1BA$1,705
Park Avenue At Florham Park1 Bedroom1BR,1BA$2,250
Washington Park Terrace1 Bedroom1BR,1BA$2,275
Olde Forge East TownhousesOne Bedroom1BR,1BA$2,275
View Point Terrace1 Bedroom1BR,1BA$2,275
Rosedale ManorOne Bedroom1BR,1BA$2,295
Modera 44A10 One Bedroom1BR,1BA$2,345
Franklin Manor Apartments1BR/1BA1BR,1BA$2,350
The LawrenceS01Studio,1BA$2,375
Hamilton Court ApartmentsONE BEDROOM1BR,1BA$2,390

Best Value Apartments for Rent in Morristown, NJ

As of April 12, 2026 the best value apartment in the Morristown area is the $1.51 price per square foot $3.40/sq.ft. - Model P2WSB/P2ESB Model at Powder Mill Heights in the starting from $3,025. The second greatest value Morristown apartment is the Three Bed Model at Carriage House Townhomes starting at $3,885 with a $2.21 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.
Powder Mill Heights$3.40/sq.ft. - Model P2WSB/P2ESB2BR,2BA$1.51
Carriage House TownhomesThree Bed3BR,2.5BA$2.21
Hanover MillsB7 Loft - Hemlock w/Loft2BR,2BA$2.57
Whippany Village Apartments2 Bed/ 2 Bath2BR,2BA$2.69
Ridgeview Commons$2.77/sq.ft. - Dogwood2BR,2BA$2.77
Morristown Gateway ApartmentsTwo Bedroom Standard2BR,2BA$2.58
The Carlton1 bedroom 1 bathroom1BR,1BA$2.36
Blair HouseONE BEDROOM. 1.5 BATH1BR,1.5BA$2.54
Olde Forge East TownhousesOne Bedroom1BR,1BA$2.55
Parsippany VillageOne Bedroom1BR,1BA$2.62

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

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.

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Best Local Schools in
Morristown, NJ

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

Explore Morristown, NJ Rentals by Map

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See the most popular apartments and homes in Morristown, NJ

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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 The Lawrence listed at $2,375.

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

The lowest price for a Cheap One Bedroom Morristown Apartment is $1,705 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 $2,500 at Park Avenue At Florham Park.

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 $3,800.

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.