What is the median rent in Montville Township, NJ?

The median gross rent in Montville Township, NJ is $2,372 (±$202) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 943 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Montville Township, the median gross rent went from $1,907 in 2015–2019 to $2,372 in 2020–2024 (+24.4%).

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 .

Median gross rent
$2,372 (±$202)
Rented homes
943 (±248)
$2,000 or more
78.5%
Since 2015–2019
+24.4%

How much rent costs in Montville Township

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentMontville TownshipMorris CountyNew JerseyUnited States
Less than $5000.0% (±4.7 points)4.1%6.1%6.3%
$500 to $9992.9% (±3.4 points)3.9%7.9%20.2%
$1,000 to $1,49910.7% (±6.9 points)17.5%23.5%28.1%
$1,500 to $1,9998.0% (±6.0 points)30.3%28.5%21.1%
$2,000 to $2,49938.3% (±19.9 points)17.6%17.2%12.0%
$2,500 to $2,99932.2% (±16.9 points)13.0%7.9%5.5%
$3,000 or more8.0% (±6.1 points)13.6%8.9%6.8%

The most common range is $2,000 to $2,499, paid by 38.3% of renting households.

78.5% of rented homes in Montville Township cost $2,000 or more a month.

Montville Township against Morris County, its state and the nation

Estimate (90% margin of error)
Montville TownshipMorris CountyNew JerseyUnited States
Median gross rent$2,372 (±$202)$1,904 (±$30)$1,720 (±$7)$1,413
Rented homes paying rent943 (±248)48,017 (±1,617)1,230,839 (±7,912)42,849,984

In Montville 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, Montville Township ranks 15 of 39 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 72 of 548.

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

How rent in Montville Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$1,907 (±$150)$2,372 (±$202)+24.4%No measurable change after inflation
Households that rent14.1% (±2.5 points)12.3% (±3.2 points)−1.8 percentage pointsNot a measurable change
Rental vacancy rate1.6% (±2.7 points)2.8% (±4.3 points)+1.2 percentage pointsNot 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 Montville Township

Nearest places with a published estimate, compared with Montville Township
PlaceDistanceMedian gross rentCompared with this place
Montville Township—$2,372 (±$202)—
Lake Hiawatha2.5 mi$1,550 (±$143)Lower
Boonton Town2.6 mi$1,849 (±$115)Lower
Lincoln Park Borough3.0 mi$1,857 (±$107)Lower
Fairfield Township (Essex County)3.5 mi$2,656 (±$563)Not measurably different
Boonton Township3.7 mi$1,870 (±$547)Not measurably different
Parsippany4.4 mi$1,742 (±$41)Lower
Pequannock Township4.4 mi$2,753 (±$829)Not measurably different
Mountain Lakes Borough4.6 mi$3,500 or more—

Nearby places with a measurably lower figure: Lake Hiawatha, NJ ($1,550), Boonton Town, NJ ($1,849), Lincoln Park Borough, NJ ($1,857).

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

RankPlaceMedian gross rent
9Chatham Township$2,769 (±$144)
10Pequannock Township$2,753 (±$829)
11East Hanover Township$2,711 (±$392)
12Morris Township$2,437 (±$210)
13Riverdale Borough$2,424 (±$329)
14Mount Arlington Borough$2,392 (±$197)
15Montville Township$2,372 (±$202)
16Long Hill Township$2,329 (±$1,480)
17Rockaway Township$2,315 (±$379)
18Kinnelon Borough$2,282 (±$277)
19Morristown Town$2,274 (±$125)
20Madison Borough$2,253 (±$120)
21Chatham Borough$2,250 (±$139)

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

The figures for Montville Township include the places inside it that have pages of their own: Pine Brook, Towaco.

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 Montville Township

What is the average rent in Montville Township, NJ?

The Census Bureau publishes the median rather than the average: the median gross rent in Montville Township is $2,372 (±$202) 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 Montville Township?

In Montville Township, the median gross rent went from $1,907 in 2015–2019 to $2,372 in 2020–2024 (+24.4%).

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 Montville Township cost more than $2,000 a month?

78.5% of rented homes in Montville Township have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.

Is rent in Montville Township higher than in Morris County?

In Montville 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 Montville township, Morris County, New Jersey (county subdivision:47670, 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.

Figures last updated on .

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