How much does it cost to rent in Morris Plains, NJ?

As of July 2026, the median monthly rent in Morris Plains, NJ is $3,504. This figure is based on aggregated data from public sources and community-submitted rents.

Is Morris Plains cheaper than other New Jersey cities?

Morris Plains is one of the pricier cities in New Jersey, ranking #16 out of 180 cities tracked at $3,504/mo.

When was Morris Plains rent data last updated?

Morris Plains rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · NJ

Morris Plains

Name: Average Rent Prices in Morris Plains, NJ
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 6,315·16th most expensive in New Jersey·One of the pricier rental markets in the US

Median rent (all units)

$3,504/mo

Year-over-Year

-0.3%

Month-over-Month

+0.4%

vs US Median

+$1,539

Stable (Monthly)

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Most AffordableMost Expensive

Morris Plains · $3,504

More expensive than 95% of US cities · National median $1,965/mo

Rent Reality Score

63/100

Good value

OverheatedFairGreat value

Rents are 7% below what Morris Plains's 10-year trend predicts — a better deal than its own history suggests.

Actual rent

$3,504/mo

Expected by trend

$3,757/mo

The Rent Reality Score compares today's median rent to where Morris Plains's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$2,330

1 BR

$2,650

2 BR

$3,210

3 BR

$4,040

4 BR+

$4,600

Research median

$3,210/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost

$42,048/yr

At $3,504/mo median

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (-0.3% YoY, +0.4% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

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.

Population

6,315

Median income

$154,923

Median age

41.7

Renters

28.4%

Age distribution

19.6%

20.4%

31.6%

17.3%

Under 1819.6%

18–3420.4%

35–5431.6%

55–6411.1%

65+17.3%

Gender

50.2%

49.8%

Male50.2%

Female49.8%

Race & ethnicity

82.8%

White82.8%

Black1.6%

Hispanic7.1%

Asian7.4%

Other1%

Education (25+)

16.5%

72.2%

No HS diploma2.2%

HS diploma9%

Some college16.5%

Bachelor's+72.2%

Housing tenure

71.6%

28.4%

Owner71.6%

Renter28.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2022 vs 2026

How Morris Plains, NJ has changed in 5 years

Rent

$3,151 → $3,504

up 11.2%

Income

$131,731 → $154,923

up 17.6%

Population

6,081 → 6,315

up 3.8%

Renter share

26.4% → 28.4%

+2.0 pts

Bachelor's+

64.9% → 72.2%

+7.3 pts

Median age

43.7 → 41.7

-2.0 yrs

The median rent in Morris Plains, NJ stood at $3,151 in 2022 and currently runs about $3,504, reflecting a 11.2% 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.

Community

Discussions about Morris Plains

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View Morris Plains rent history (2015–2026) →

Salary vs rent

Can you afford rent in Morris Plains on your salary?

At $3,504/mo, how Morris Plains rent compares to typical pay (30% rule).

Registered Nurse

Avg $105,818/yr · Rent = 39.7% income

stretched

Elementary School Teacher

Avg $75,130/yr · Rent = 56% income

severely rent-burdened

Police Officer

Avg $86,542/yr · Rent = 48.6% income

rent-burdened

Software Developer

Avg $154,683/yr · Rent = 27.2% income

affordable

Lawyer

Avg $197,646/yr · Rent = 21.3% income

affordable

Firefighter

Avg $70,347/yr · Rent = 59.8% income

severely rent-burdened

Truck Driver

Avg $63,515/yr · Rent = 66.2% income

severely rent-burdened

Electrician

Avg $78,288/yr · Rent = 53.7% income

severely rent-burdened

By apartment size

Morris Plains rent by bedroom count

Median rent for each apartment size in Morris Plains. Click any size for full breakdown.

Local insights

Tips for renters in Morris Plains

About renting in Morris Plains, NJ

Last updated: July 20, 2026

The median rent in Morris Plains is $3,504/mo as of July 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 decreased 0.3% over the past year.

FAQ

Frequently asked questions

Is Morris Plains an affordable city for renters?

Morris Plains is considered affordable for renters. At $3,504/mo, rent takes approximately 27% of the local median household income ($154,923/yr). The standard benchmark is 30%. Morris Plains falls comfortably within that range.

How much income do you need to rent in Morris Plains?

To keep rent at or below 30% of gross income, you would need to earn at least $140,000/year (~$67/hour full-time) to afford the median rent of $3,504/mo in Morris Plains. The local median household income is $154,923/yr, meaning the typical Morris Plains household meets that threshold.

Is rent going up or down in Morris Plains?

Rent in Morris Plains has been relatively stable over the past year, with a 0.3% change year over year as of July 2026.

How does Morris Plains rent compare to other cities in New Jersey?

Morris Plains is one of the pricier cities in New Jersey for rent, ranking #16 out of 180 tracked cities at $3,504/mo.

Which nearby cities are cheaper to rent in than Morris Plains?

Several nearby cities have lower median rents than Morris Plains ($3,504/mo): Randolph ($2,049/mo), Dover ($2,396/mo), Morristown ($2,860/mo).

What percentage of Morris Plains residents rent vs. own?

According to Census data, approximately 28.4% of Morris Plains households are renters, while 71.6% are owner-occupied. Morris Plains leans toward homeownership, which can mean a smaller rental inventory.

How does Morris Plains rent compare to the national average?

Morris Plains's median rent of $3,504/mo is $1,539 (78%) above the US national median of $1,965/mo. Within New Jersey, it ranks #16 out of 180 tracked cities.

Income Affordability

27%

AFFORDABLE

At $3,504/mo, rent takes ~27% of Morris Plains's median household income ($154,923/yr). The standard benchmark is 30%.

Morris Plains 27%Benchmark 30%

State income tax1.4–10.75%

Run the Morris Plains affordability calculator →

Nearby cities