What is the median rent in Troy Hills, NJ?
The median gross rent in Troy Hills, NJ is $3,108 (±$944) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 118 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
Figures last updated on .
- Median gross rent
- $3,108 (±$944)
- Rented homes
- 118 (±64)
- $2,000 or more
- 84.8%
How much rent costs in Troy Hills
| Monthly gross rent | Troy Hills | Morris County | New Jersey | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±30.7 points) | 4.1% | 6.1% | 6.3% |
| $500 to $999 | 0.0% (±30.7 points) | 3.9% | 7.9% | 20.2% |
| $1,000 to $1,499 | 10.2% (±17.4 points) | 17.5% | 23.5% | 28.1% |
| $1,500 to $1,999 | 5.1% (±9.8 points) | 30.3% | 28.5% | 21.1% |
| $2,000 to $2,499 | 22.9% (±30.9 points) | 17.6% | 17.2% | 12.0% |
| $2,500 to $2,999 | 5.1% (±11.6 points) | 13.0% | 7.9% | 5.5% |
| $3,000 or more | 56.8% (±30.3 points) | 13.6% | 8.9% | 6.8% |
The most common range is $3,000 or more, paid by 56.8% of renting households.
84.8% of rented homes in Troy Hills cost $2,000 or more a month.
Troy Hills against Morris County, its state and the nation
| Troy Hills | Morris County | New Jersey | United States | |
|---|---|---|---|---|
| Median gross rent | $3,108 (±$944) | $1,904 (±$30) | $1,720 (±$7) | $1,413 |
| Rented homes paying rent | 118 (±64) | 48,017 (±1,617) | 1,230,839 (±7,912) | 42,849,984 |
In Troy Hills, 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, Troy Hills ranks 3 of 24 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 9 of 201.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Median gross rent in places near Troy Hills
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Troy Hills | — | $3,108 (±$944) | — |
| Parsippany | 1.2 mi | $1,742 (±$41) | Lower |
| Whippany | 2.2 mi | $2,556 (±$1,057) | Not measurably different |
| Lake Hiawatha | 2.3 mi | $1,550 (±$143) | Lower |
| Hanover Township | 2.7 mi | $2,813 (±$227) | Not measurably different |
| East Hanover Township | 2.8 mi | $2,711 (±$392) | Not measurably different |
| Pine Brook | 3.0 mi | $2,366 (±$183) | Not measurably different |
| Rainbow Lakes | 3.5 mi | $2,022 (±$225) | Lower |
| Mountain Lakes Borough | 3.7 mi | $3,500 or more | — |
Nearby places with a measurably lower figure: Parsippany, NJ ($1,742), Lake Hiawatha, NJ ($1,550), Rainbow Lakes, NJ ($2,022).
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 |
|---|---|---|
| 1 | Brookside | $3,500 or more |
| 2 | Pompton Plains | $3,129 (±$512) |
| 3 | Troy Hills | $3,108 (±$944) |
| 4 | Cedar Knolls | $2,849 (±$269) |
| 5 | Green Village | $2,782 (±$120) |
| 6 | White Meadow Lake | $2,686 (±$215) |
| 7 | Whippany | $2,556 (±$1,057) |
| 8 | Succasunna | $2,516 (±$380) |
| 9 | Pine Brook | $2,366 (±$183) |
Showing 9 of 24 places in Morris County, ranked from highest to lowest.
Troy Hills is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Parsippany-Troy Hills Township, whose figures include it.
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 Troy Hills
What is the average rent in Troy Hills, NJ?
The Census Bureau publishes the median rather than the average: the median gross rent in Troy Hills is $3,108 (±$944) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How many rentals in Troy Hills cost more than $2,000 a month?
84.8% of rented homes in Troy Hills have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
Is rent in Troy Hills higher than in Morris County?
In Troy Hills, 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 — Troy Hills CDP, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Troy Hills CDP, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Troy Hills CDP, 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 Troy Hills CDP, New Jersey (place:74150, in state:34).
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
- Housing in Troy Hills at a glance
- Income and affordability in Troy Hills
- Home values in Troy Hills
- Homeowner costs in Troy Hills
- Property taxes in Troy Hills
- Types of homes in Troy Hills
- Age of homes in Troy Hills
- Heating fuel in Troy Hills
- Commute and cars in Troy Hills
- Crowding and facilities in Troy Hills
- 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