Cheap Homes for Rent in Downtown Morristown Neighborhood of Morristown, NJ from $1,900 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Morristown area of Morristown.

12 Prospect St

133 Western Ave

11 Atno Ave

27 Phoenix Ave

7 Prospect St, Unit 806
Downtown Morristown, Morristown, NJ Local Guide

How much does it cost to rent a home in Downtown Morristown?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Morristown 2 Bedroom Homes for Rent | $3,683 | $3,000 | $4,000 |
Downtown Morristown 3 Bedroom Homes for Rent | $3,500 | $3,000 | $4,000 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Downtown Morristown Neighborhood of Morristown, NJ.
Explore Morristown
Downtown Morristown, Morristown, NJ Local Guide
- Nearby Morristown neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Downtown Morristown Apartments for Rent
 The cheapest available apartment rental in the Downtown Morristown area of Morristown, NJ is a Studio unit found at Morris-Elm Apartments priced from $1,950. Olde Forge East Townhouses has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,075. Here are the most affordable Downtown Morristown apartments for rent in Morristown, NJ:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Morris-Elm Apartments | Studio | Studio,1BA | $1,950 |
Olde Forge East Townhouses | One Bedroom | 1BR,1BA | $2,075 |
Washington Park Terrace | 1 Bedroom | 1BR,1BA | $2,300 |
Best Value Apartments for Rent in Downtown Morristown, NJ
As of September 10, 2025 the best value apartment in the Downtown Morristown area is the $2.88 price per square foot 60 Maple Ave Model at 60 Maple Ave, Unit 2nd Floor in the in the Downtown Morristown neighborhood starting from $5,750. The second greatest value Downtown Morristown apartment is the Three Bed Model at Carriage House 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 Downtown Morristown apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
60 Maple Ave, Unit 2nd Floor | 60 Maple Ave | 2BR,2BA | $2.88 |
Carriage House | Three Bed | 3BR,2.5BA | $2.21 |
Olde Forge East Townhouses | Two Bedroom | 2BR,1.5BA | $2.48 |
133 Western Ave, Unit Left side | 133 Western Ave | 3BR,1BA | $2.50 |
Morristown Gateway Apartments | Two Bedroom Standard | 2BR,2BA | $2.90 |
Chancery Square | B3 | 2BR,2BA | $3.07 |
Franklin Manor Apartments | 2BR/1BA | 2BR,1BA | $3.46 |
Morris Crossing Townhouses | 1 Bedroom Deluxe - Fireplace | 1BR,1BA | $3.15 |
Washington Park Terrace | 1 Bedroom | 1BR,1BA | $3.64 |
Morris-Elm Apartments | Studio | Studio ,1BA | $3.71 |
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.
Pet Friendly LifestyleDowntown Morristown, Morristown, NJ
Ranked #1
Among cities in New Jersey for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Downtown Morristown
What type of rentals are currently available in Downtown Morristown?
There are currently 99 Apartments for Rent in Downtown Morristown, NJ with pricing that ranges from $1,600 to $7,629. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Morristown ranging from $1,975 to $4,000.
What is the current price range for Rental Homes in Downtown Morristown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Morristown ranges from $1,975 to $4,000 with an average monthly rent of $3,052.
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.

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.

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.

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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.