How much is a 2-bedroom apartment in Florham Park Borough, NJ?
In Florham Park Borough, NJ, the median gross rent for a two-bedroom home is $2,977 (±$959) a month (2020–2024 American Community Survey, table B25031).
A one-bedroom home rents for a median of $2,727 (±$264).
A three-bedroom home rents for a median of $3,500 or more.
HUD’s fiscal year 2027 Fair Market Rent for a two-bedroom home in the Newark, NJ HUD Metro FMR Area is $2,233.
Figures last updated on .
- 1 bedroom
- $2,727 (±$264)
- 2 bedrooms
- $2,977 (±$959)
- 3 bedrooms
- $3,500 or more
Rent by bedroom count in Florham Park Borough
| Florham Park Borough | Morris County | New Jersey | United States | |
|---|---|---|---|---|
| 1 bedroom | $2,727 (±$264) | $1,669 (±$28) | $1,465 (±$9) | $1,235 |
| 2 bedrooms | $2,977 (±$959) | $2,183 (±$59) | $1,804 (±$9) | $1,407 |
| 3 bedrooms | $3,500 or more | $2,471 (±$128) | $2,037 (±$18) | $1,584 |
A median for a bedroom size is published only where enough renting households of that size were surveyed; a dash means the Census Bureau did not publish one.
Census rents against HUD’s Fair Market Rent, fiscal year 2027
| Census median, this place | HUD Fair Market Rent | |
|---|---|---|
| 1 bedroom | $2,727 (±$264) | $1,850 |
| 2 bedrooms | $2,977 (±$959) | $2,233 |
| 3 bedrooms | $3,500 or more | $2,785 |
A Fair Market Rent is HUD’s estimate of the gross rent of a modest rental home across the whole HUD area, set for the voucher program; the Census median is what renting households in this place reported paying.
The two answer different questions and are not expected to match.
Median gross rent, 2 bedrooms in places near Florham Park Borough
| Place | Distance | Median gross rent, 2 bedrooms | Compared with this place |
|---|---|---|---|
| Florham Park Borough | — | $2,977 (±$959) | — |
| Madison Borough | 1.7 mi | $2,595 (±$266) | Not measurably different |
| Chatham Borough | 2.5 mi | $2,375 (±$142) | Not measurably different |
| East Hanover Township | 3.3 mi | $3,172 (±$215) | Not measurably different |
| Livingston Township | 3.5 mi | $2,454 (±$627) | Not measurably different |
| Whippany | 3.5 mi | $3,036 (±$925) | Not measurably different |
| Hanover Township | 3.5 mi | $3,054 (±$282) | Not measurably different |
| Green Village | 3.9 mi | $2,881 (±$1,330) | Not measurably different |
| Chatham Township | 4.3 mi | $2,887 (±$812) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent, 2 bedrooms across Morris County, place by place
| Rank | Place | Median gross rent, 2 bedrooms |
|---|---|---|
| 1 | Mendham Borough | $3,500 or more |
| 2 | East Hanover Township | $3,172 (±$215) |
| 3 | Hanover Township | $3,054 (±$282) |
| 4 | Pequannock Township | $3,031 (±$1,027) |
| 5 | Florham Park Borough | $2,977 (±$959) |
| 6 | Morris Plains Borough | $2,973 (±$594) |
| 7 | Chatham Township | $2,887 (±$812) |
| 8 | Morris Township | $2,765 (±$263) |
| 9 | Rockaway Township | $2,697 (±$123) |
| 10 | Montville Township | $2,650 (±$125) |
| 11 | Morristown Town | $2,609 (±$231) |
Showing 11 of 33 places in Morris County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Florham Park Borough
How much is a one-bedroom apartment in Florham Park Borough?
The median gross rent for a one-bedroom home in Florham Park Borough, NJ is $2,727 (±$264) a month (2020–2024 American Community Survey).
How much is a two-bedroom apartment in Florham Park Borough?
The median gross rent for a two-bedroom home in Florham Park Borough, NJ is $2,977 (±$959) a month (2020–2024 American Community Survey).
How much does a three-bedroom rental cost in Florham Park Borough?
The median gross rent for a three-bedroom home in Florham Park Borough, NJ is $3,500 or more a month (2020–2024 American Community Survey).
Sources
- Median Gross Rent by Bedrooms (B25031), 2020–2024 ACS 5-year estimates — Florham Park borough, Morris County, New Jersey
- HUD Fair Market Rents, fiscal year 2027: Newark, NJ HUD Metro FMR Area
- HUD Income Limits, fiscal year 2026: Newark, NJ HUD Metro FMR Area
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year detailed tables (acs/acs5) for Florham Park borough, Morris County, New Jersey (county subdivision:23910, in state:34 county:027).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
B25031_002E, B25031_002M, B25031_003E, B25031_003M, B25031_004E, B25031_004M, B25031_005E, B25031_005M, B25031_006E, B25031_006M, B25031_007E, B25031_007M
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.
Figures last updated on .
Related
- Housing in Florham Park Borough at a glance
- Median rent in Florham Park Borough
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- Renters and owners in Florham Park Borough
- Income and affordability in Florham Park Borough
- Home values in Florham Park Borough
- Homeowner costs in Florham Park Borough
- Property taxes in Florham Park Borough
- Types of homes in Florham Park Borough
- Bedrooms in Florham Park Borough
- Age of homes in Florham Park Borough
- Vacancy rate in Florham Park Borough
- Heating fuel in Florham Park Borough
- Commute and cars in Florham Park Borough
- Crime reported to police in Florham Park Borough
- Population growth in Florham Park Borough
- How long people stay in Florham Park Borough
- Crowding and facilities in Florham Park Borough
- New Jersey landlord and tenant rules
- Housing across Morris County
- Housing data for every place in New Jersey