What percentage of people rent in Morris Plains Borough, NJ?

Name: Renters and owners in Morris Plains Borough, NJ, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

28.4% (±7.4 points) of the occupied homes in Morris Plains Borough, NJ are rented (2020–2024 American Community Survey).

That is 730 renting households against 1,836 that own their home.

In Morris Plains Borough, the share of households that rent went from 16.9% in 2015–2019 to 28.4% in 2020–2024 (+11.5 percentage points), a measurable increase.

Figures last updated on November 12, 2026.

Households that rent: 28.4% (±7.4 points)
Renting households: 730 (±204)
Median renter income: $152,729 (±$52,165)

Who rents and who owns in Morris Plains Borough

Tenure, estimate (90% margin of error)
	Morris Plains Borough	Morris County	New Jersey	United States
Renter-occupied share	28.4% (±7.4 points)	25.7% (±0.8 points)	36.2% (±0.2 points)	34.8%
Renting households	730 (±204)	49,683 (±1,568)	1,268,573 (±8,082)	45,017,354
Owning households	1,836 (±174)	143,562 (±1,613)	2,239,128 (±10,678)	84,210,142
Average renter household size	2.1 (±0.2)	2.1 (±0.0)	2.4 (±0.0)	2.3
Average owner household size	2.6 (±0.1)	2.8 (±0.0)	2.8 (±0.0)	2.6
Median renter household income	$152,729 (±$52,165)	$79,949 (±$4,109)	$62,674 (±$718)	$52,966
Median owner household income	$180,375 (±$19,435)	$165,144 (±$2,794)	$133,477 (±$624)	$100,009

In Morris Plains Borough, the renter share is not measurably different from Morris County (25.7%).

It is also lower than in New Jersey (36.2%).

It is not measurably different from the national figure (34.8%).

In Morris County, Morris Plains Borough ranks 14 of 39 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 221 of 564.

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

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

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	16.9% (±4.3 points)	28.4% (±7.4 points)	+11.5 percentage points	Measurable increase
Median gross rent	$2,524 (±$457)	$2,835 (±$203)	+12.3%	No measurable change after inflation
Median household income	$128,438 (±$8,612)	$154,923 (±$17,133)	+20.6%	No measurable change after inflation

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.

Households that rent in places near Morris Plains Borough

Nearest places with a published estimate, compared with Morris Plains Borough
Place	Distance	Households that rent	Compared with this place
Morris Plains Borough	—	28.4% (±7.4 points)	—
Cedar Knolls	1.7 mi	41.1% (±12.4 points)	Not measurably different
Mount Tabor	2.3 mi	7.3% (±9.4 points)	Lower
Rainbow Lakes	2.6 mi	32.6% (±11.6 points)	Not measurably different
Hanover Township	2.7 mi	21.0% (±4.9 points)	Not measurably different
Morristown Town	2.9 mi	63.3% (±3.4 points)	Higher
Parsippany-Troy Hills Township	3.0 mi	40.4% (±2.5 points)	Higher
Whippany	3.1 mi	12.7% (±2.9 points)	Lower
Morris Township	3.1 mi	14.1% (±2.4 points)	Lower

Nearby places with a measurably lower figure: Mount Tabor, NJ (7.3%), Whippany, NJ (12.7%), Morris Township, NJ (14.1%).

Nearby places with a measurably higher figure: Morristown Town, NJ (63.3%), Parsippany-Troy Hills Township, NJ (40.4%).

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

Households that rent across Morris County, place by place

Rank	Place	Households that rent
8	Mount Olive Township	39.1% (±3.3 points)
9	Boonton Town	37.9% (±6.2 points)
10	Madison Borough	36.2% (±3.6 points)
11	Butler Borough	31.2% (±5.0 points)
12	Florham Park Borough	30.2% (±5.0 points)
13	Riverdale Borough	29.4% (±8.3 points)
14	Morris Plains Borough	28.4% (±7.4 points)
15	Mount Arlington Borough	24.8% (±5.1 points)
16	Randolph Township	22.2% (±3.3 points)
17	Hanover Township	21.0% (±4.9 points)
18	Chester Borough	20.9% (±6.7 points)
19	Lincoln Park Borough	20.8% (±5.4 points)
20	Rockaway Township	18.1% (±3.3 points)

Showing 13 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.

What you can do on Seayora in Morris Plains Borough

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Morris Plains Borough, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Morris Plains Borough beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Morris Plains Borough, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Morris Plains Borough

How many renters are there in Morris Plains Borough?

Morris Plains Borough has an estimated 730 (±204) renting households, 28.4% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Morris Plains Borough?

In Morris Plains Borough, the share of households that rent went from 16.9% in 2015–2019 to 28.4% in 2020–2024 (+11.5 percentage points), a measurable increase.

How big are renting households in Morris Plains Borough?

A renting household in Morris Plains Borough has 2.1 people on average, against 2.6 in an owned home.

How much do renters earn in Morris Plains Borough?

The median renting household in Morris Plains Borough, NJ has an income of $152,729 (±$52,165) a year, against $180,375 for households that own their home.

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) and detailed tables (acs/acs5) 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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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.