
Cheap Homes for Rent in Morristown, NJ from $1,600 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Morristown.


2889 NJ-10

2216 Gates Ct

46 Mt Kemble Ave

76 Mt Kemble Ave

12B Leva Dr
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.

76 Mt Kemble Ave

11 Atno Ave

12D Leva Dr, Unit 12D Leva Dr

31 Bellevue Ter

46 Phoenix Ave

17 Wildflower Ln
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.

92 Washington St
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 | $3,483 | $2,900 | $5,775 |
| Morristown 3 Bedroom Homes for Rent | $4,200 | $3,300 | $6,500 |
| Morristown 4 Bedroom Homes for Rent | $5,449 | $4,395 | $8,500 |
| Morristown 5 Bedroom Homes for Rent | $5,850 | $5,500 | $6,200 |
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: 12/10/2025Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Morristown | $4,590 | $1,195 | 85 |
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. 8-10 King Street, LLC in the Downtown Morristown neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,050. 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 | $1,705 |
| 8-10 King Street, LLC | Deluxe 1 Bed 1 Bath | 1BR,1BA | $2,050 |
| Blair House | STUDIO | Studio,1BA | $2,095 |
| General Wayne and Ridgedale Gardens | ONE BEDROOM | 1BR,1BA | $2,145 |
| Beverly Gardens | Deluxe 1 Bed 1 Bath | 1BR,1BA | $2,195 |
Best Value Apartments for Rent in Morristown, NJ
As of December 10, 2025 the best value apartment in the Morristown area is the $1.55 price per square foot $3.52/sq.ft. - Model P2WSB/P2ESB Model at Powder Mill Heights in the starting from $3,100. The second greatest value Morristown apartment is the 36 W Hanover Ave Model at 36 W Hanover Ave, Unit A starting at $3,800 with a $1.90 price per square foot . 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. |
|---|---|---|---|
| Powder Mill Heights | $3.52/sq.ft. - Model P2WSB/P2ESB | 2BR,2BA | $1.55 |
| 36 W Hanover Ave, Unit A | 36 W Hanover Ave | 3BR,2.5BA | $1.90 |
| Mountain Way Estates | $2.06/sq.ft. - Tulip | 2BR,2.5BA | $2.06 |
| Carriage House | Three Bed | 3BR,2.5BA | $2.21 |
| 5 Washington St, Unit 2nd floor | 5 Washington St | 2BR,2BA | $2.71 |
| Ridgeview Commons | $2.69/sq.ft. - Dogwood | 2BR,2BA | $2.69 |
| The Carlton | 1 bedroom 1 bathroom | 1BR,1BA | $2.41 |
| 258 Mount Kemble Ave, Unit mount kemble | 258 Mount Kemble Ave | Studio ,1BA | $1.65 |
| Olde Forge East Townhouses | One Bedroom | 1BR,1BA | $2.55 |
| Parsippany Village | One Bedroom | 1BR,1BA | $2.62 |
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 ArticleThe 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.
Read ArticleQuick 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.
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 157 Apartments for Rent in Morristown, NJ with pricing that ranges from $1,195 to $8,395. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Morristown ranging from $1,675 to $8,500.
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 $1,675 to $8,500 with an average monthly rent of $4,222.
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 $3,500 to $5,999, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,300 to $6,500. Four Bedroom Single-Family rentals are also available starting from $4,395 and Four Bedroom Apartments start at $4,590.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.