Morristown, NJ rental market
Last updated August 27, 2025
Rental market summary
The average rent for all bedrooms and all property types in Morristown, NJ is $3,109.
$3,109
+$109
+$159
79
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $1,595 to $8,500.
| Rent price | Number of rental properties |
|---|---|
| $1,500 | 2 |
| $1,600 | 1 |
| $1,800 | 1 |
| $1,900 | 1 |
| $2,000 | 2 |
| $2,100 | 6 |
| $2,200 | 5 |
| $2,300 | 5 |
| $2,400 | 4 |
| $2,500 | 4 |
| $2,600 | 1 |
| $2,700 | 6 |
| $2,800 | 6 |
| $2,900 | 3 |
| $3,000 | 6 |
| $3,100 | 7 |
| $3,200 | 6 |
| $3,300 | 4 |
| $3,400 | 3 |
| $3,500 | 6 |
| $3,600 | 3 |
| $3,700 | 3 |
| $3,800 | 2 |
| $3,900 | 3 |
| $4,000 | 2 |
| $4,100 | 4 |
| $4,200 | 4 |
| $4,400 | 1 |
| $4,500 | 1 |
| $4,600 | 1 |
| $4,800 | 1 |
| $4,900 | 1 |
| $5,000+ | 8 |
Average rent price over time
In the last year, rent has increased by $159 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $2,962 | $2,700 |
| Feb | $2,950 | $2,798 |
| Mar | $2,945 | $2,920 |
| Apr | $2,949 | $3,064 |
| May | $2,840 | $3,001 |
| Jun | $2,815 | $2,900 |
| Jul | $2,900 | $2,900 |
| Aug | $3,100 | $3,000 |
| Sep | $2,996 | No data |
| Oct | $3,000 | No data |
| Nov | $2,950 | No data |
| Dec | $2,800 | No data |
Market temperature
The Morristown, NJ rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Morristown, NJ is 48% higher than the national average.
$3,109
$2,100
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Frequently asked questions
1. What is the average rent in Morristown, NJ?
The average rent in Morristown, NJ is $3,109.
2. How much does it cost to rent a house in Morristown, NJ?
Houses in Morristown, NJ rent between $1,595 - $8,500 with an average rent of $3,109.
3. How has the rent in Morristown, NJ changed in the last year?
In the last year, the rent in Morristown, NJ increased by $159
4. How much has the rent in Morristown, NJ increased/decreased in the last month?
In the last month, the rent in Morristown, NJ increased by $109
5. How many available rentals are there in Morristown, NJ?
There are currently 79 rentals available in Morristown, NJ.
6. How do rent prices in Morristown, NJ compare with the national average?
The average rent in Morristown, NJ is $3,109 — 48.05% higher the national average of $2,100.