What is the median rent in Morris Township, NJ?
The median gross rent in Morris Township, NJ is $2,437 (±$210) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 1,162 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Morris Township, the median gross rent went from $1,851 in 2015–2019 to $2,437 in 2020–2024 (+31.7%).
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
- $2,437 (±$210)
- Rented homes
- 1,162 (±204)
- $2,000 or more
- 71.9%
- Since 2015–2019
- +31.7%
How much rent costs in Morris Township
| Monthly gross rent | Morris Township | Morris County | New Jersey | United States |
|---|---|---|---|---|
| Less than $500 | 4.4% (±4.7 points) | 4.1% | 6.1% | 6.3% |
| $500 to $999 | 2.2% (±4.2 points) | 3.9% | 7.9% | 20.2% |
| $1,000 to $1,499 | 6.2% (±6.4 points) | 17.5% | 23.5% | 28.1% |
| $1,500 to $1,999 | 15.3% (±7.1 points) | 30.3% | 28.5% | 21.1% |
| $2,000 to $2,499 | 25.1% (±8.8 points) | 17.6% | 17.2% | 12.0% |
| $2,500 to $2,999 | 15.1% (±7.9 points) | 13.0% | 7.9% | 5.5% |
| $3,000 or more | 31.7% (±10.3 points) | 13.6% | 8.9% | 6.8% |
The most common range is $3,000 or more, paid by 31.7% of renting households.
71.9% of rented homes in Morris Township cost $2,000 or more a month.
Morris Township against Morris County, its state and the nation
| Morris Township | Morris County | New Jersey | United States | |
|---|---|---|---|---|
| Median gross rent | $2,437 (±$210) | $1,904 (±$30) | $1,720 (±$7) | $1,413 |
| Rented homes paying rent | 1,162 (±204) | 48,017 (±1,617) | 1,230,839 (±7,912) | 42,849,984 |
In Morris 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, Morris Township ranks 12 of 39 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 65 of 548.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Morris Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,851 (±$136) | $2,437 (±$210) | +31.7% | No measurable change after inflation |
| Households that rent | 17.0% (±2.3 points) | 14.1% (±2.4 points) | −2.9 percentage points | Not a measurable change |
| Rental vacancy rate | 1.3% (±2.1 points) | 1.0% (±1.5 points) | −0.3 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 Morris Township
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Morris Township | — | $2,437 (±$210) | — |
| Morristown Town | 0.9 mi | $2,274 (±$125) | Not measurably different |
| Cedar Knolls | 2.6 mi | $2,849 (±$269) | Higher |
| Morris Plains Borough | 3.1 mi | $2,835 (±$203) | Higher |
| Brookside | 3.7 mi | $3,500 or more | — |
| Hanover Township | 3.8 mi | $2,813 (±$227) | Higher |
| Harding Township | 3.8 mi | $2,917 (±$2,565) | Not measurably different |
| Mendham Township | 4.0 mi | $3,500 or more | — |
| Whippany | 4.4 mi | $2,556 (±$1,057) | Not measurably different |
Nearby places with a measurably higher figure: Cedar Knolls, NJ ($2,849), Morris Plains Borough, NJ ($2,835), Hanover Township, NJ ($2,813).
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 |
|---|---|---|
| 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) |
| 16 | Long Hill Township | $2,329 (±$1,480) |
| 17 | Rockaway Township | $2,315 (±$379) |
| 18 | Kinnelon Borough | $2,282 (±$277) |
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.
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Questions about Morris Township
What is the average rent in Morris Township, NJ?
The Census Bureau publishes the median rather than the average: the median gross rent in Morris Township is $2,437 (±$210) 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 Township?
In Morris Township, the median gross rent went from $1,851 in 2015–2019 to $2,437 in 2020–2024 (+31.7%).
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 Township cost more than $2,000 a month?
71.9% of rented homes in Morris Township have a gross rent of $2,000 or more a month, and 4.4% cost less than $500.
Is rent in Morris Township higher than in Morris County?
In Morris 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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Morris township, Morris County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Morris township, Morris County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Morris township, Morris County, New Jersey
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 township, Morris County, New Jersey (county subdivision:48090, 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.
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 .
Related
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- Rent burden in Morris Township
- Renters and owners in Morris Township
- Income and affordability in Morris Township
- Home values in Morris Township
- Homeowner costs in Morris Township
- Property taxes in Morris Township
- Types of homes in Morris Township
- Bedrooms in Morris Township
- Age of homes in Morris Township
- Vacancy rate in Morris Township
- Heating fuel in Morris Township
- Commute and cars in Morris Township
- Crime reported to police in Morris Township
- Population growth in Morris Township
- How long people stay in Morris Township
- Crowding and facilities in Morris Township
- New Jersey landlord and tenant rules
- Housing across Morris County
- New Jersey places ranked by median rent
- Housing data for every place in New Jersey