Median rent for residential apartments in as of Dec, 2020.
Be informed, make custom offers based only on median rent prices. But keep in mind, that price depends on size/amenities of the apartment.
46 Morristown, NJ 07960, USA apartments for rent
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Housing Trends
Morristown, NJ 07960, USA Housing Trends
Average rent in Morristown: $2,234 (-17.3%)
| 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 |
|---|---|---|
| Apartment rentals | $2,172 | -19.3% |
| Townhouse rentals | $2,285 | +0.6% |
| House rentals | $2,432 | -22.6% |
| Condo rentals | $2,288 | -20.2% |
| Duplex rentals | $2,400 | +0% |
| Loft rentals | $2,700 | +2.1% |
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.
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