Rents are 6% below what Morris Plains's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $3,541 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: August 17, 2026
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Who lives here
Morris Plains, NJ is majority owner-occupied, has a median income above the national average, 72.2% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Morris Plains, NJ has changed in 5 years
The median rent in Morris Plains, NJ stood at $3,151 in 2022 and currently runs about $3,541, reflecting a 12.4% increase over the period. Median household income rose from $131,731 to $154,923 between 2021 and 2024, a 17.6% shift. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 3.8% since 2021, moving from about 6,081 residents to roughly 6,315. Renters now make up 28.4% of households, compared with 26.4% five years ago. College-educated residents now make up 72.2% of adults here, versus 64.9% in 2021. Taken together, the five-year picture in Morris Plains, NJ reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.
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Can you afford rent in Morris Plains on your salary?
At $3,541/mo, how Morris Plains rent compares to typical pay (30% rule).
Morris Plains rent by bedroom count
Median rent for each apartment size in Morris Plains. Click any size for full breakdown.
Tips for renters in Morris Plains
Last updated: August 17, 2026
The median rent in Morris Plains is $3,541/mo as of August 2026. A studio apartment averages $2,330/mo while a 2-bedroom runs $3,210/mo. One-bedroom apartments average $2,650/mo and 3-bedroom units go for $4,040/mo.
At 27% of local median household income ($154,923/yr), Morris Plains ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.4% over the past year.
Frequently asked questions
Is Morris Plains an affordable city for renters?
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What percentage of Morris Plains residents rent vs. own?
How does Morris Plains rent compare to the national average?
At $3,541/mo, rent takes ~27% of Morris Plains's median household income ($154,923/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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