Cheap Homes for Rent in Downtown Morristown Neighborhood of Morristown, NJ from $1,900 (8 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Morristown area of Morristown.

property at 12 Prospect St

12 Prospect St

MorristownNJ07960
property at 12 Prospect St

12 Prospect St

MorristownNJ07960
property at 12 Prospect St

12 Prospect St

MorristownNJ07960
property at 76 Mt Kemble Ave

76 Mt Kemble Ave

MorristownNJ07960

Downtown Morristown, Morristown, NJ Local Guide

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 $1,850. Washington Park Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,100. Here are the most affordable Downtown Morristown apartments for rent in Morristown, NJ:

Apartment ListingModel NameBed/BathPriced From
Morris-Elm ApartmentsStudioStudio,1BA$1,850
Washington Park Terrace1 Bedroom Jr1BR,1BA$2,100
Modera 44S1 StudioStudio,1BA$2,151

Best Value Apartments for Rent in Downtown Morristown, NJ

As of October 27, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
60 Maple Ave, Unit 2nd Floor60 Maple Ave2BR,2BA$2.88
Carriage HouseThree Bed3BR,2.5BA$2.21
Schuyler LoftsA2BR,2BA$3.52
Morristown Gateway ApartmentsTwo Bedroom Standard2BR,2BA$2.90
Olde Forge East TownhousesOne Bedroom1BR,1BA$2.55
Franklin Manor Apartments2BR/1BA2BR,1BA$3.46
Morris Crossing Townhouses1 Bedroom Standard1BR,1BA$3.10
Beverly GardensDeluxe 1 Bed 1 Bath1BR,1BA$3.22
View Point Terrace1 Bedroom1BR,1BA$3.30
Morris-Elm ApartmentsStudioStudio ,1BA$3.52

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Pet Friendly Lifestyle
Downtown Morristown, Morristown, NJ

Ranked #1

Among cities in New Jersey for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Downtown Morristown

What type of rentals are currently available in Downtown Morristown?

There are currently 95 Apartments for Rent in Downtown Morristown, NJ with pricing that ranges from $1,195 to $7,629. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Morristown ranging from $1,900 to $6,750.

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 $1,900 to $6,750 with an average monthly rent of $4,035.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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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! 

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

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.