What is the median rent in Chatham Township, NJ?

Name: Median rent in Chatham Township, NJ, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median gross rent in Chatham Township, NJ is $2,769 (±$144) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 575 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Chatham Township, the median gross rent went from $2,204 in 2015–2019 to $2,769 in 2020–2024 (+25.6%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on November 12, 2026.

Median gross rent: $2,769 (±$144)
Rented homes: 575 (±162)
$2,000 or more: 79.8%
Since 2015–2019: +25.6%

How much rent costs in Chatham Township

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	Chatham Township	Morris County	New Jersey	United States
Less than $500	0.0% (±7.5 points)	4.1%	6.1%	6.3%
$500 to $999	0.0% (±7.5 points)	3.9%	7.9%	20.2%
$1,000 to $1,499	0.0% (±7.5 points)	17.5%	23.5%	28.1%
$1,500 to $1,999	20.2% (±11.2 points)	30.3%	28.5%	21.1%
$2,000 to $2,499	9.0% (±7.1 points)	17.6%	17.2%	12.0%
$2,500 to $2,999	38.6% (±13.3 points)	13.0%	7.9%	5.5%
$3,000 or more	32.2% (±13.6 points)	13.6%	8.9%	6.8%

The most common range is $2,500 to $2,999, paid by 38.6% of renting households.

79.8% of rented homes in Chatham Township cost $2,000 or more a month.

Chatham Township against Morris County, its state and the nation

Estimate (90% margin of error)
	Chatham Township	Morris County	New Jersey	United States
Median gross rent	$2,769 (±$144)	$1,904 (±$30)	$1,720 (±$7)	$1,413
Rented homes paying rent	575 (±162)	48,017 (±1,617)	1,230,839 (±7,912)	42,849,984

In Chatham Township, median gross rent is higher than in Morris County ($1,904).

It is also higher than in New Jersey ($1,720).

It is higher than the national figure ($1,413).

In Morris County, Chatham Township ranks 9 of 39 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 39 of 548.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Chatham Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median gross rent	$2,204 (±$128)	$2,769 (±$144)	+25.6%	No measurable change after inflation
Households that rent	13.3% (±3.7 points)	15.9% (±4.1 points)	+2.6 percentage points	Not a measurable change
Rental vacancy rate	11.0% (±11.7 points)	0.0% (±6.9 points)	−11.0 percentage points	Not a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median gross rent in places near Chatham Township

Nearest places with a published estimate, compared with Chatham Township
Place	Distance	Median gross rent	Compared with this place
Chatham Township	—	$2,769 (±$144)	—
New Providence Borough	2.3 mi	$1,903 (±$119)	Lower
Madison Borough	2.6 mi	$2,253 (±$120)	Lower
Chatham Borough	3.0 mi	$2,250 (±$139)	Lower
Berkeley Heights Township	3.3 mi	$2,203 (±$257)	Lower
Harding Township	3.4 mi	$2,917 (±$2,565)	Not measurably different
Summit	3.8 mi	$2,430 (±$210)	Lower
Long Hill Township	4.0 mi	$2,329 (±$1,480)	Not measurably different
Stirling	4.0 mi	$1,427 (±$462)	Lower

Nearby places with a measurably lower figure: New Providence Borough, NJ ($1,903), Madison Borough, NJ ($2,253), Chatham Borough, NJ ($2,250).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Morris County, place by place

Rank	Place	Median gross rent
1 (tie)	Mountain Lakes Borough	$3,500 or more
4	Florham Park Borough	$3,109 (±$364)
5	Harding Township	$2,917 (±$2,565)
6	Morris Plains Borough	$2,835 (±$203)
7	Hanover Township	$2,813 (±$227)
8	Chester Township	$2,787 (±$892)
9	Chatham Township	$2,769 (±$144)
10	Pequannock Township	$2,753 (±$829)
11	East Hanover Township	$2,711 (±$392)
12	Morris Township	$2,437 (±$210)
13	Riverdale Borough	$2,424 (±$329)
14	Mount Arlington Borough	$2,392 (±$197)
15	Montville Township	$2,372 (±$202)

Showing 13 of 39 places in Morris County, ranked from highest to lowest.

The figures for Chatham Township include the places inside it that have pages of their own: Green Village.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Chatham Township

What is the average rent in Chatham Township, NJ?

The Census Bureau publishes the median rather than the average: the median gross rent in Chatham Township is $2,769 (±$144) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in Chatham Township?

In Chatham Township, the median gross rent went from $2,204 in 2015–2019 to $2,769 in 2020–2024 (+25.6%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

How many rentals in Chatham Township cost more than $2,000 a month?

79.8% of rented homes in Chatham Township have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.

Is rent in Chatham Township higher than in Morris County?

In Chatham Township, median gross rent is higher than in Morris County ($1,904).

It is also higher than in New Jersey ($1,720).

It is higher than the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Chatham township, Morris County, New Jersey (county subdivision:12130, in state:34 county:027).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.