New Jersey is known for its beaches along the Jersey Shore to some of the most iconic landmarks in the nation, such as the Liberty Bell, the Statue of Liberty, and Ellis Island. From the bustling streets of Newark to the picturesque shorelines of Cape May, New Jersey is a state unlike any other. Discover its dynamic culture and rich heritage by visiting iconic landmarks like Liberty State Park and the Ellis Island National Museum of Immigration. And for those seeking knowledge, New Jersey is home to renowned universities like Rutgers University and Princeton University.

Whether you're an outdoor enthusiast or a sports fan, New Jersey has plenty to offer, including the New York Giants (NFL), New York Jets (NFL), New Jersey Devils (NHL), and the New Jersey Nets (NBA). Enjoy the beautiful coastline by fishing, surfing, or sailing, and hit the slopes of nearby mountains. Make sure to visit famous attractions like the Atlantic City Boardwalk, the Camden Waterfront, and the historic town of Cape May.

A state that never stops moving, New Jersey is a melting pot of cultures, experiences, and opportunities waiting to be experienced, making it a great place to call home.

Rental Market Trends

Morris County, NJ

As of July 2025, Morris County's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Morris County's average rent is 10.6% ($261) lower than the New Jersey average of $2,461 and 23.9% ($425) higher than the U.S. average of $1,775.

Average Rent

$2,200

Monthly ChangeMonth Over Month Change

2.8% ($63)

Yearly ChangeYear Over Year Change

6.5% ($153)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$2,063	0.9% ($19)	7.1% ($158)
2 Beds	$2,467	3.4% ($87)	8.9% ($241)
3 Beds	$3,245	18.4% ($732)	2.3% ($78)

Cities within Morris County	Average Rent	Avg. Rent vs. MorrisAverage Rent vs. Morris County	Avg. Days on MarketAverage Days on Market
Morristown	$2,350	6.8% ($150)	41 days
Chatham	$2,958	34.5% ($758)	35 days
Florham Park	$3,226	46.6% ($1026)	36 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Morris County Rental Market FAQs

Explore rental prices, market trends, and availability in Morris County, NJ.

What is the average rent in Morris County, NJ?

The average rent in Morris County, NJ is $2,200 per month.

What is the rental price range for homes in Morris County, NJ?

Homes in Morris County typically rent for between $1,444 and $4,219 per month, with an average of $2,200 per month.

What is the average rent for different bedroom sizes in Morris County, NJ?

In Morris County, the average rent for a 1-bedroom home is $2,063 per month, for a 2-bedroom home, $2,467 per month, and a 3-bedroom home is $3,245 per month.

How do rent prices in Morris County, NJ compare with the national average?

The average rent in Morris County is 23.9% ($425) higher than the national average of $1,775 per month.

How have rent prices in Morris County, NJ changed recently?

The average rent in Morris County has decreased by 2.8% ($63) in the last month and decreased by 6.5% ($153) over the past year.

How competitive is the rental market in Morris County, NJ?

The rental market in Morris County, NJ, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Morris County, NJ?

In Morris County, NJ, the average rental stays on the market for approximately 39 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Morris County, NJ?

There are currently 68 rental properties available in Morris County, NJ.

Can I afford to rent a home in Morris County, NJ?

Based on the current averages, a household would need an annual income of $98,680 to comfortably afford a 2-bedroom home in Morris County.