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|Rent Price||Dec||vs Last Month|
|1 bed apartments||$1,970||-0.9%|
|2 bed apartments||$2,447||-21.4%|
|3 bed apartments||$2,379||-18.2%|
|4+ bed apartments||$2,219||-24%|
Over the Dec 2020, the average rent for an apartment in/near Morristown, NJ decreased by 17.3% to 2.234 $.
Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 0.9% to 1.970 $. Pricing for 2-bed apartment also decreased by 21.4% and a place of this size will now cost you 2.447 $. 3-bed apartment rent pricing starts at 2.379 $, it decreased by 18.2% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 24% and made it down to 2.219 $.
|Rent Type Price||Dec||vs Last Month|
The median rent for an apartment in Morristown, NJ decreased by 19.3% to 2.172 $. Statistics show that house rent price decreased by 22.6% this month making it up to 2.432 $. Condos faced an upward trend these days. The median rent for a condo decreased by 20.2%, it’s now available for 2.288 $. An average duplex is now available for 2.400 $, cause median rent for a duplex remains the same this month. The median rent for a loft faced changes as well, it increased by 2.1%, the price tag now starts at2.700 $. The median rent for a townhouse increased by 0.6%, you’ll have to spend around 2.285 $ to get one.