True Cost of Renting in Morristown, NJ

Morristown is the Morris County seat and one of New Jersey's most dynamic suburban downtowns — genuinely walkable with excellent restaurants, a historic green, and strong arts programming. The Morristown Green has been the heart of New Jersey colonial history. NJ Transit Morris & Essex line access to NYC Penn Station (55 min) makes it popular with NYC commuters seeking suburban quality of life.

Neighborhoods & Average Rents

Downtown Morristown / The Green

Studio:
$1,800/mo
1 Bed:
$2,200/mo
2 Bed:
$3,000/mo

Walkable downtown surrounding the historic Morristown Green; restaurants, bars, and boutique shops within walking distance. New luxury apartment buildings with amenity packages. JCP&L electric. Monthly NJ Transit pass to NYC Penn ~$265. Parking included in most buildings.

Morris Township / Convent Station

1 Bed:
$2,000/mo
2 Bed:
$2,800/mo

Surrounding township with suburban apartment complexes; Convent Station NJ Transit stop provides alternative commute option. Quieter residential character. Car helpful. More family-oriented demographics than downtown.

Florham Park / Madison Adjacent

1 Bed:
$2,100/mo
2 Bed:
$2,900/mo

Upscale suburban township with major corporate headquarters (Genentech, Honeywell International, Zoetis); Madison NJ Transit station. Higher rents reflecting premium school districts and corporate employment concentration. Car required.

Utility Providers

Electric
JCP&L (Jersey Central Power & Light)
Water
New Jersey American Water
Internet
Optimum, Verizon Fios, Spectrum

Commute & Transportation

The Morristown NJ Transit station (Morris & Essex Line) serves Midtown Direct trains to NYC Penn Station in 55–65 minutes. Monthly passes run approximately $260–280. I-287 (the Western Bypass) connects Morris County to the Turnpike (south) and I-80 (north). Major employers in the Morristown area: Atlantic Health System (Morristown Medical Center, 6,000+ employees), Honeywell International (Florham Park), Genentech/Roche (Parsippany), Zoetis, and numerous financial services firms that relocated to Morris County for lower taxes.

Rental Market Overview

Morristown commands a premium in Morris County for its walkable downtown — an authentic rarity in suburban New Jersey. JCP&L electric rates are moderate. The NJ Transit commute to NYC is longer than Hudson County (55 min vs 10 min) but rents are significantly lower than Hoboken or Jersey City. Morris County has excellent schools, contributing to family renter demand. Monthly NJ Transit passes add ~$265/month for NYC commuters. Renters insurance averages $14–20/month. New luxury construction has increased supply but demand remains strong from both local corporate employment and NYC commuters.

Data last updated: 2026-04

Compare Apartments in Morristown

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Renting in Morristown: Common Questions

What is the average rent in Morristown?
One-bedroom apartments in Morristown range from $2,000/month in Morris Township / Convent Station to $2,200/month in Downtown Morristown / The Green. Two-bedroom units range from $2,800 to $3,000/month. These are base rents — add fees, utilities, and amenity costs to get the true all-in monthly cost.
What utilities do I need to set up in Morristown?
In Morristown, electricity is provided by JCP&L (Jersey Central Power & Light), water by New Jersey American Water, and common internet providers include Optimum, Verizon Fios, Spectrum. Ask the leasing office for the specific unit's average monthly bill rather than a city-wide figure — utility costs vary more by building age and insulation than by location within Morristown.
What neighborhoods are affordable in Morristown?
Morris Township / Convent Station is the most affordable of the 3 Morristown neighborhoods covered here, at $2,000/month for a one-bedroom — $200 less than Downtown Morristown / The Green, roughly a 9% gap. That swing is often bigger than any fee or amenity difference between two buildings in the same neighborhood, which is why comparing across neighborhoods matters as much as comparing within one.
Is Morristown expensive to rent in?
Across the 3 neighborhoods covered here, the average one-bedroom in Morristown runs about $2,100/month before fees, utilities, and amenities are added — and those add-ons are exactly what a bare average hides. Morristown commands a premium in Morris County for its walkable downtown — an authentic rarity in suburban New Jersey. Run the specific units you are considering through RentCompare to see the true all-in monthly cost rather than relying on an area average.

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