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Rental Market Trends in Whippany, NJ

Updated September 2026

The average rent in Whippany, NJ is $2,971/month.

Rent in Whippany is 78% higher than the national average rent of $1,665/month, making this one of the more expensive cities statewide.

$2,971/month

Average Rent

905 Sq Ft

Average Size

+3.8%

Change / Year

236

Available Apartments

Whippany rent varies by unit size and layout:

  • Studio apartments in Whippany average per month.
  • One-bedroom apartments in Whippany average $2,971 per month.
  • Two-bedroom apartments in Whippany average $3,619 per month.
  • Three-bedroom apartments in Whippany average $2,928 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$2,971/month
905 Sq Ft
Two Bedroom
$3,619/month
1,254 Sq Ft
Three Bedroom
$2,928/month
1,176 Sq Ft
View Whippany Apartments

How much has average rent changed in Whippany, NJ?

In the past year, rent has increased by 3.8%, which averages out to $114 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Whippany, NJ

September 2026
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 $2,971, you’ll want to make about $9,903 per month or $118,836 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

236 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.

View the Whippany 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

  • East Hanover

    East Hanover

    Avg Rent: $2,947/month

  • Parsippany

    Parsippany

    Avg Rent: $2,112/month

  • Morris Plains

    Morris Plains

    Avg Rent: $2,388/month

  • Morristown

    Morristown

    Avg Rent: $2,555/month

  • Florham Park

    Florham Park

    Avg Rent: $2,974/month

Apartment Communities in Whippany We Think You'll Love

34 Eden Lane

34 Eden Lane

34 Eden Ln,
Whippany, NJ 07981

1-2 Beds | $3,150 - $5,350

The District at 15Fifteen

The District at 15Fifteen

1515 NJ-10,
Parsippany, NJ 07054

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

The Lawrence

The Lawrence

169 Johnson Rd,
Morris Plains, NJ 07950

Studio - 2 Beds | $3,430 - $4,310

Whippany Village Apartments

Whippany Village Apartments

444 State Route 10,
Whippany, NJ 07981

1-2 Beds | $2,700 - $3,350

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Frequently Asked Questions

What is the average rent in Whippany?

The average rent in Whippany is $2,971 per month, which is 78.4% higher than the national average of $1,665.

Are rents going up or down in Whippany?

Rents in Whippany, NJ are increasing, with prices up 3.8% year-over-year and $114 more per month.

What rent range is most common in Whippany?

In Whippany, NJ, 100% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

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 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