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Rental Market Trends in Whippany, NJ

What is the average rent in Whippany, NJ?

$2,867/month

Average Rent

906 Sq Ft

Average Apartment Size

+4.5%

Increase in the Last Year

As of October 2025, the average rent in Whippany, NJ is $2,867 per month. This is 76% higher than the national average rent price of $1,630/month, making Whippany one of the most expensive cities in the US. When you rent an apartment in Whippany, you can expect to pay about per month for a studio, $2,867 for a one-bedroom apartment, and around $3,551 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,982 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,867/month
906 Sq Ft
Two Bedroom
$3,551/month
1,231 Sq Ft
Three Bedroom
$2,982/month
1,176 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Whippany, NJ?

In the past year, rent has increased by 4.5%, which averages out to $130 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated October 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Whippany, NJ
Last Updated October 2025
Above $2,000
Most rental prices fall within this range
Rent Ranges in Whippany, NJ
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
100% Above $2,000/month

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

Because the average rent in Whippany is $2,867, you’ll want to make about $9,556 per month or $114,672 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

Whippany, NJ

299 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Whippany, 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.

Explore the Area Guide for Whippany, NJ

Apartment Averages

Nearby City Rent Trends

  • Cedar Knolls Average Rent
  • Parsippany Average Rent
  • Morris Plains Average Rent
  • Morristown Average Rent
  • Florham Park Average Rent

Apartment communities in Whippany we think you'll love

34 Eden

34 Eden

34 Eden Ln,
Whippany, NJ 07981

$2,800 - $4,995

1-2 Beds

Signature Place

Signature Place

250 Johnson Rd,
Morris Plains, NJ 07950

Call for Rent

1-2 Beds

Smyth at District 15Fifteen

Smyth at District 15Fifteen

1515 NJ-10,
Parsippany, NJ 07054

$2,502 - $4,358

Studio - 2 Beds

Avalon Parsippany

Avalon Parsippany

2-3 Campus Dr,
Parsippany, NJ 07054

$2,275 - $4,415

Studio - 2 Beds

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United States New Jersey Whippany 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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity