What is the median rent in Morris Plains Borough, NJ?

The median gross rent in Morris Plains Borough, NJ is $2,835 (±$203) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 700 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Morris Plains Borough, the median gross rent went from $2,524 in 2015–2019 to $2,835 in 2020–2024 (+12.3%).

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
$2,835 (±$203)
Rented homes
700 (±203)
$2,000 or more
84.7%
Since 2015–2019
+12.3%

How much rent costs in Morris Plains Borough

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentMorris Plains BoroughMorris CountyNew JerseyUnited States
Less than $5000.0% (±6.2 points)4.1%6.1%6.3%
$500 to $9992.9% (±4.7 points)3.9%7.9%20.2%
$1,000 to $1,4995.9% (±5.3 points)17.5%23.5%28.1%
$1,500 to $1,9996.6% (±4.8 points)30.3%28.5%21.1%
$2,000 to $2,49912.7% (±9.2 points)17.6%17.2%12.0%
$2,500 to $2,99932.9% (±18.9 points)13.0%7.9%5.5%
$3,000 or more39.1% (±15.3 points)13.6%8.9%6.8%

The most common range is $3,000 or more, paid by 39.1% of renting households.

84.7% of rented homes in Morris Plains Borough cost $2,000 or more a month.

Morris Plains Borough against Morris County, its state and the nation

Estimate (90% margin of error)
Morris Plains BoroughMorris CountyNew JerseyUnited States
Median gross rent$2,835 (±$203)$1,904 (±$30)$1,720 (±$7)$1,413
Rented homes paying rent700 (±203)48,017 (±1,617)1,230,839 (±7,912)42,849,984

In Morris Plains Borough, 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, Morris Plains Borough ranks 6 of 39 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 33 of 548.

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

How rent in Morris Plains Borough has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$2,524 (±$457)$2,835 (±$203)+12.3%No measurable change after inflation
Households that rent16.9% (±4.3 points)28.4% (±7.4 points)+11.5 percentage pointsMeasurable increase
Rental vacancy rate16.9% (±10.7 points)0.0% (±6.0 points)−16.9 percentage pointsMeasurable decrease

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 Morris Plains Borough

Nearest places with a published estimate, compared with Morris Plains Borough
PlaceDistanceMedian gross rentCompared with this place
Morris Plains Borough—$2,835 (±$203)—
Cedar Knolls1.7 mi$2,849 (±$269)Not measurably different
Rainbow Lakes2.6 mi$2,022 (±$225)Lower
Hanover Township2.7 mi$2,813 (±$227)Not measurably different
Morristown Town2.9 mi$2,274 (±$125)Lower
Parsippany-Troy Hills Township3.0 mi$1,736 (±$42)Lower
Whippany3.1 mi$2,556 (±$1,057)Not measurably different
Morris Township3.1 mi$2,437 (±$210)Lower
Denville Township3.5 mi$1,817 (±$577)Lower

Nearby places with a measurably lower figure: Rainbow Lakes, NJ ($2,022), Morristown Town, NJ ($2,274), Parsippany-Troy Hills Township, NJ ($1,736).

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
1 (tie)Mendham Borough$3,500 or more
1 (tie)Mendham Township$3,500 or more
1 (tie)Mountain Lakes Borough$3,500 or more
4Florham Park Borough$3,109 (±$364)
5Harding Township$2,917 (±$2,565)
6Morris Plains Borough$2,835 (±$203)
7Hanover Township$2,813 (±$227)
8Chester Township$2,787 (±$892)
9Chatham Township$2,769 (±$144)
10Pequannock Township$2,753 (±$829)
11East Hanover Township$2,711 (±$392)
12Morris Township$2,437 (±$210)

Showing 12 of 39 places in Morris County, ranked from highest to lowest.

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 Morris Plains Borough

What is the average rent in Morris Plains Borough, NJ?

The Census Bureau publishes the median rather than the average: the median gross rent in Morris Plains Borough is $2,835 (±$203) 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 Morris Plains Borough?

In Morris Plains Borough, the median gross rent went from $2,524 in 2015–2019 to $2,835 in 2020–2024 (+12.3%).

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 Morris Plains Borough cost more than $2,000 a month?

84.7% of rented homes in Morris Plains Borough have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.

Is rent in Morris Plains Borough higher than in Morris County?

In Morris Plains Borough, 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 Morris Plains borough, Morris County, New Jersey (county subdivision:48210, 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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