Cheap Apartments for Rent near New Vernon, NJ from $1,944 (39 Rentals)

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Search the lowest-cost Apartments available for rent right now in New Vernon.

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.

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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.

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RT 500
Rent Specials
$2,678 - $4,476
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$2,678 - $4,476
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Studio to 2 Bedroom Apartments Available Now

RT 500

500 District DrBerkeley Heights, NJ 07922
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Berkeley House
Rent Specials
$2,716 - $4,897
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$2,716 - $4,897
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1 to 2 Bedroom Apartments Available Now

Berkeley House

434 Springfield AveBerkeley Heights, NJ 07922
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Park Edge
1 to 2 Bedroom Apartments

Park Edge

38 Park EdgeBerkeley Heights, NJ 07922
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Madison Apartments
1 to 2 Bedroom Apartments

Madison Apartments

255 Main StMadison, NJ 07940
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Showing Results 1-39, Page 1 of 1

New Vernon, NJ Local Guide

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 Murray Hill Apartments in the Benders Corner neighborhood priced from $2,000. General Wayne and Ridgedale Gardens has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,135. Here is today’s list of the most affordable New Vernon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Murray Hill Apartments1BR/1.0BA1BR,1BA$2,000
General Wayne and Ridgedale GardensONE BEDROOM1BR,1BA$2,135
The M at MorristownA11BR,1BA$2,175
Haven New ProvidenceA1R1BR,1BA$2,278
Franklin Manor Apartments1BR/1BA1BR,1BA$2,375
STATION COURT L.L.C.PROVIDENCE1BR,1BA$2,400
Modera Berkeley HeightsA081BR,1BA$2,504
Chatham Hill Apartments1BR 1BA (820sf)1BR,1BA$2,610
RT 500S1Studio,1BA$2,678

Best Value Apartments for Rent in New Vernon, NJ and Nearby

As of August 23, 2026 the best value apartment in the New Vernon area is the $2.79 price per square foot $2.96/sq.ft. - Residence 3A Model at Providence Place in the in the Benders Corner neighborhood starting from $5,150. The second greatest value New Vernon 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 New Vernon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Providence Place$2.96/sq.ft. - Residence 3A3BR,2BA$2.79
Carriage House TownhomesThree Bed3BR,2.5BA$2.21
Towne Gardens TownhomesTwo Bedroom-Townhouse (L shaped)2BR,1BA$2.24
Heritage House2 BED, 2 BATH-122BR,2BA$2.83
Chatham Hill Apartments2BR 1BA (960sf)2BR,1BA$3.28
Berkeley Crossing1 Bed /Bath w Den1BR,1BA$3.12
Cardinal Hill2 Bedroom, 2 Bathroom2BR,2BA$3.29
General Wayne and Ridgedale GardensONE BEDROOM1BR,1BA$3.12
The M at MorristownA11BR,1BA$3.18
Murray Hill Apartments1BR/1.0BA1BR,1BA$2.96

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.

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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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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap New Vernon Apartments

What is the Cheapest Studio apartment in New Vernon?

Currently the most affordable Cheap Studio Apartment in New Vernon is at RT 500 listed at $2,678.

How much is rent for a Cheap One Bedroom New Vernon Apartment?

The lowest price for a Cheap One Bedroom New Vernon Apartment is $2,000 at Murray Hill Apartments.

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 $2,200 at Murray Hill Apartments.

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

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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.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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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.

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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.