2467 NJ-10
Morris PlainsNJ07950
Cheap Homes for Rent in Morristown, NJ from $1,700 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Morristown.
105 Pitney Pl
MorristownNJ07960
2889 NJ-10
Morris PlainsNJ07950
242 W Hanover Ave
MorristownNJ07960
24 Sunrise Dr
HanoverNJ07981
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
196 Mt Kemble Ave
MorristownNJ07960
61 Mt Kemble Ave
MorristownNJ07960
19 E Hanover Ave
Morris PlainsNJ07950
14 Elmer St
MadisonNJ07940
2 Cottage Pl
MorristownNJ07960
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
25 Alma Ave
MadisonNJ07940
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Morristown, NJ Local Guide
How much does it cost to rent a home in Morristown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Morristown 2 Bedroom Homes for Rent | $3,413 | $2,195 | $4,450 |
| Morristown 3 Bedroom Homes for Rent | $4,192 | $2,800 | $5,000 |
| Morristown 4 Bedroom Homes for Rent | $5,500 | $4,000 | $8,000 |
Browse Top Homes for Rent in Morristown
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Morristown, NJ Local Guide
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Cheapest Neighborhoods for Apartments in Morristown, NJ
Pricing Updated: 08/08/2026Current apartment rentals in the Morristown, NJ area range in price from $1,905 to $6,250 with an overall median price of $2,930. Here is today’s list neighborhoods with the lowest median pricing for Morristown Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Morristown | $2,930 | $1,905 | 40 |
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 $1,750. Beverly Gardens in the Downtown Morristown neighborhood 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parsippany Village | One Bedroom | 1BR,1BA | $1,750 |
| Beverly Gardens | Deluxe 1 Bed 1 Bath | 1BR,1BA | $2,250 |
| Olde Forge East Townhouses | One Bedroom | 1BR,1BA | $2,275 |
| Modera 44 | A10 One Bedroom | 1BR,1BA | $2,370 |
| Franklin Manor Apartments | 1BR/1BA | 1BR,1BA | $2,375 |
Best Value Apartments for Rent in Morristown, NJ
As of August 08, 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 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hanover Mills | Townhome E | 2BR,2.5BA | $2.28 |
| Carriage House Townhomes | Three Bed | 3BR,2.5BA | $2.21 |
| Towne Gardens Townhomes | Two Bedroom-Townhouse (L shaped) | 2BR,1BA | $2.27 |
| Powder Mill Heights | $3.24/sq.ft. - Model P1W/P1E | 1BR,1BA | $2.09 |
| Woodmont Knolls | Sutton | 2BR,2BA | $2.91 |
| Whippany Village Apartments | A10 | 2BR,2BA | $2.28 |
| 147 Columbia | $3.40/sq.ft. - Residence 2-1B | 1BR,1BA | $3.02 |
| The M at Morristown | A4 | 1BR,1BA | $2.97 |
| Olde Forge East Townhouses | One Bedroom | 1BR,1BA | $2.55 |
| Parsippany Village | One Bedroom | 1BR,1BA | $2.69 |
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.
Read Article
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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Best Local Schools in Morristown, NJ
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Morristown, NJ Rentals by Map
See the most popular apartments and homes in Morristown, NJ
Frequently Asked Questions about Morristown
What type of rentals are currently available in Morristown?
There are currently 153 Apartments for Rent in Morristown, NJ with pricing that ranges from $1,750 to $6,650. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Morristown ranging from $1,750 to $8,000.
What is the current price range for Rental Homes in Morristown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Morristown ranges from $1,750 to $8,000 with an average monthly rent of $3,726.
How much are larger Three and Four Bedroom Rentals in Morristown?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Morristown range from $3,125 to $4,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,800 to $5,000. Four Bedroom Single-Family rentals are also available starting from $4,000 and Four Bedroom Apartments start at $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
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.
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.
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.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.