
Cheap Apartments for Rent in New Vernon, NJ from $1,600 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in New Vernon.


Elmwood Gardens

Haven New Providence

Morris-Elm Apartments

Madison Apartments

General Wayne and Ridgedale Gardens

Blair House
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.

The Regency on Elm

Hamilton Court Apartments

Heritage House

Murray Hill Apartments

Rosedale Manor

Franklin Manor Apartments

Morris-Hill Apartments
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.

STATION COURT L.L.C.

Floral Avenue Ventures

Chatham Hill Apartments

Franklin Hill Apartments

Stirling Manor Associates

Cardinal Hill
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.

Berkeley Crossing

Tudor House at Madison

Cornerstone at Chatham

64 Maple Ave

15 Kensington Rd

196 Mt Kemble Ave

382 Morris Ave
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.

49 Alexandria Way

27 Woodward Ln

330 Penns Way
New Vernon, NJ Local Guide

How much does it cost to rent an apartment in New Vernon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Vernon Studio Apartments | $2,076 | $1,900 | $2,195 |
| New Vernon 1 Bedroom Apartments | $2,893 | $1,600 | $4,103 |
| New Vernon 2 Bedroom Apartments | $3,872 | $2,100 | $6,500 |
| New Vernon 3 Bedroom Apartments | $4,672 | $3,500 | $6,000 |
Browse Top Apartments in New Vernon
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New Vernon, NJ Local Guide
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Cheapest Available New Vernon Apartments for Rent and Nearby
 The cheapest available apartment rental in New Vernon, NJ is a 1 Bed unit found at Park Edge in the Benders Corner neighborhood priced from $1,600. Madison Apartments 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 New Vernon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Park Edge | 1 Bed, 1 Bath | 1BR,1BA | $1,600 |
| Madison Apartments | A01 | 1BR,1BA | $2,050 |
| Murray Hill Apartments | 2BR/1.0BA | 2BR,1BA | $2,200 |
| Rosedale Manor | One Bedroom | 1BR,1BA | $2,295 |
| Franklin Manor Apartments | 1BR/1BA | 1BR,1BA | $2,350 |
| Hamilton Court Apartments | ONE BEDROOM | 1BR,1BA | $2,390 |
| Heritage House | 1BR, 1 BATH-16 | 1BR,1BA | $2,395 |
| STATION COURT L.L.C. | PROVIDENCE | 1BR,1BA | $2,400 |
| Chatham Hill Apartments | 1BR 1BA (820sf) | 1BR,1BA | $2,463 |
| General Wayne and Ridgedale Gardens | TWO BEDROOMS | 2BR,1BA | $2,595 |
Best Value Apartments for Rent in New Vernon, NJ and Nearby
As of April 07, 2026 the best value apartment in the New Vernon area is the $2.21 price per square foot Three Bed Model at Carriage House Townhomes in the in the Downtown Morristown neighborhood starting from $3,885. The second greatest value New Vernon apartment is the Two Bedroom-Townhouse Model at Towne Gardens Townhomes starting at $3,750 with a $2.29 price per square foot . Here is today’s list of the best values for New Vernon apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Carriage House Townhomes | Three Bed | 3BR,2.5BA | $2.21 |
| Towne Gardens Townhomes | Two Bedroom-Townhouse | 2BR,1BA | $2.29 |
| The Carlton | 1 bedroom 1 bathroom | 1BR,1BA | $2.36 |
| Blair House | ONE BEDROOM. 1.5 BATH | 1BR,1.5BA | $2.54 |
| The M at Morristown | A4 | 1BR,1BA | $3.08 |
| Providence Place | $3.08/sq.ft. - Residence 1B | 1BR,1BA | $3.08 |
| General Wayne and Ridgedale Gardens | TWO BEDROOMS | 2BR,1BA | $2.88 |
| Heritage House | 1 BED 1 BATH 17 | 1BR,1BA | $3.06 |
| Park Edge | 2 Bed, 1 Bath | 2BR,1BA | $2.69 |
| Madison Apartments | A01 | 1BR,1BA | $2.93 |
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.
Read ArticleDon'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 ArticleCash 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore New Vernon, NJ Rentals by Map
See the most popular apartments and homes in New Vernon, NJ
Frequently Asked Questions about Cheap New Vernon Apartments
How much is rent for a Cheap One Bedroom New Vernon Apartment?
The lowest price for a Cheap One Bedroom New Vernon Apartment is $1,600 at Park Edge.
What is the lowest price for a Cheap Two Bedroom New Vernon Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in New Vernon is starting from $2,100 at Park Edge.
What is the most affordable New Vernon Three Bedroom Apartment?
The best deal on a cheap New Vernon Three Bedroom Apartment rental is at Carriage House Townhomes and starts from $3,885.
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

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.

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.

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.

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.
