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Rental Market Trends in Morris Plains, NJ

Updated September 2026

The average rent in Morris Plains, NJ is $2,379/month.

Rent in Morris Plains is 43% higher than the national average rent of $1,664/month, making this one of the more expensive cities statewide.

$2,379/month

Average Rent

645 Sq Ft

Average Size

+0%

Change / Year

221

Available Apartments

Morris Plains rent varies by unit size and layout:

  • Studio apartments in Morris Plains average $1,521 per month.
  • One-bedroom apartments in Morris Plains average $2,379 per month.
  • Two-bedroom apartments in Morris Plains average $3,085 per month.
  • Three-bedroom apartments in Morris Plains average $3,690 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,521/month
41 Sq Ft
One Bedroom
$2,379/month
645 Sq Ft
Two Bedroom
$3,085/month
1,125 Sq Ft
Three Bedroom
$3,690/month
1,308 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$3,830/month
376 Sq Ft
View Morris Plains Apartments

How much has average rent changed in Morris Plains, NJ?

Rents have remained stable over the past year, with little overall movement.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Morris Plains, NJ

September 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Morris Plains, NJ
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
11% $1,501 - $2,000/month
89% Above $2,000/month

What salary do I need to live comfortably in Morris Plains, NJ?

Because the average rent in Morris Plains is $2,379, you’ll want to make about $7,930 per month or $95,160 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Morris Plains, NJ

221 Available Apartments for Rent

Search for Nearby Apartments

How does Morris Plains, NJ compare to other nearby cities and neighborhoods?

Use the tool below to compare Morris Plains, NJ to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

View the Morris Plains Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Cedar Knolls

    Cedar Knolls

    Avg Rent: $2,753/month

  • Morristown

    Morristown

    Avg Rent: $2,556/month

  • Whippany

    Whippany

    Avg Rent: $2,905/month

  • Denville

    Denville

    Avg Rent: $2,063/month

  • Parsippany

    Parsippany

    Avg Rent: $2,112/month

Apartment Communities in Morris Plains We Think You'll Love

The American

The American

1000 The American Rd,
Morris Plains, NJ 07950

1-2 Beds | $2,819 - $3,850

The Highlands at Morris Plains

The Highlands at Morris Plains

40 E Hanover Ave,
Morris Plains, NJ 07950

2 Beds | $2,888 - $3,231

The Lawrence

The Lawrence

169 Johnson Rd,
Morris Plains, NJ 07950

Studio - 2 Beds | $3,262 - $3,985

The District at 15Fifteen

The District at 15Fifteen

1515 NJ-10,
Parsippany, NJ 07054

Studio - 2 Beds | $2,664 - $4,462

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Frequently Asked Questions

What is the average rent in Morris Plains?

The average rent in Morris Plains is $2,379 per month, which is 43.0% higher than the national average of $1,664.

Are rents going up or down in Morris Plains?

Rents in Morris Plains, NJ are relatively stable, with minimal month-over-month change.

What rent range is most common in Morris Plains?

In Morris Plains, NJ, 89% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

United States New Jersey Morris Plains Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity