Rental market snapshot for Morris Plains, New Jersey

Morris Plains, New Jersey Rental Property Market Overview

Morris Plains, New Jersey is a small borough located in Morris County with a population of 6,135 as of 2021, according to the US Census. It is a suburban community with a variety of amenities, including parks, restaurants, and shopping centers. The borough is also home to a number of historic sites, such as the Frelinghuysen Arboretum and the Stickley Museum at Craftsman Farms. Morris Plains is a great place to live for those looking for a peaceful, suburban lifestyle.

The average rent for an apartment in Morris Plains is $2,788. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has increased by 12.4% over the past year.

Last Updated January 31, 2023

Average monthly rent graph in Morris Plains New Jersey | Cost of Living

  • The most expensive ZIP Code in Morris Plains is 07950 with an average price of $2,490
  • The cheapest ZIP Code in Morris Plains is 07950 with an average price of $2,425

Morris Plains ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
107950$2,490

Live near Morris Plains, New Jersey's Top Sights and Attractions

Morris Plains Community Park is a large outdoor recreation area located in northern New Jersey. It features a variety of activities for all ages, including a playground, walking trails, a picnic area, and a large lake for fishing and boating. The park also offers a variety of sports fields, including baseball, soccer, and basketball courts. There is also a large pavilion for special events and a gazebo for relaxing. The park is surrounded by lush greenery and offers stunning views of the surrounding area.

Simons Memorial Park is a beautiful outdoor space located in Morris Plains, New Jersey. It features a large playground, picnic areas, and a walking path that winds through the park. The park also has a pond, which is home to a variety of wildlife, including ducks and geese. The park is a great place to take a leisurely stroll, have a picnic, or just relax and enjoy the scenery.

Central Park of Morris County is a sprawling outdoor recreation area located in Morris Plains, New Jersey. It features a variety of activities and attractions, including a large lake, walking trails, playgrounds, picnic areas, and sports fields. The park also hosts a variety of events throughout the year, such as concerts, festivals, and outdoor movies. It is a great place to spend a day outdoors with family and friends, enjoying the natural beauty of the area.

Roberts Garden is a beautiful outdoor space located in Morris Plains, New Jersey. It features a variety of lush gardens, including a rose garden, a rock garden, a butterfly garden, and a sensory garden. The garden also has a pond, a waterfall, and a gazebo. Visitors can take a leisurely stroll through the gardens, or relax and take in the beauty of the surroundings. The garden is open to the public and is a great place to spend a peaceful afternoon.

Watnong Park is a picturesque outdoor destination located in Morris Plains, New Jersey. It features a variety of recreational activities, including walking trails, a playground, and a picnic area. The park also has a pond, which is home to a variety of wildlife, including ducks, geese, and other waterfowl. The park is a great place to spend an afternoon, as it offers a peaceful and tranquil atmosphere.

The Morris Plains Borough Museum is a small, local museum that celebrates the history of the area. It features a variety of exhibits, including artifacts from the Revolutionary War, a display of local artifacts from the 19th century, and a collection of photographs and documents from the early 20th century. Visitors can also explore the museum's outdoor gardens, which feature a variety of native plants and flowers. There is also a gift shop on-site, offering a variety of souvenirs and books related to the area's history.

9 11 Memorial Park is a tranquil outdoor space dedicated to honoring the victims of the September 11th attacks. The park features a memorial wall with the names of those who lost their lives on that fateful day, as well as a reflecting pool and a flagpole with an American flag that is flown at half-mast. The park also includes a memorial garden with a variety of plants and flowers, benches for visitors to sit and reflect, and a pathway lined with trees. The park is a peaceful place for visitors to remember the lives lost and to pay their respects.

Morris Plains Park is a scenic outdoor destination located in Morris Plains, New Jersey. It features a variety of recreational activities, including a playground, basketball court, and picnic area. The park also has a large pond, which is great for fishing and canoeing. There are plenty of trails for walking, jogging, and biking, as well as a disc golf course. The park is also home to a variety of wildlife, including birds, deer, and other animals.

Briarcliff Openspace is a scenic outdoor area located in Morris Plains, New Jersey. It features a variety of trails for hiking, biking, and horseback riding, as well as a lake for fishing and canoeing. The area also has picnic tables and benches for visitors to relax and enjoy the natural beauty of the area. The park is home to a variety of wildlife, including deer, foxes, and birds. The park is open year-round and is a great place to spend a day outdoors.

Mountain Way Park is a beautiful outdoor attraction located in Morris Plains, New Jersey. It features a variety of trails for walking, running, and biking, as well as a playground and picnic area. The park also offers stunning views of the surrounding area, including the Watchung Mountains. Visitors can enjoy a peaceful stroll along the trails, or take in the scenery from the top of the hill. The park is a great spot for families to spend quality time together, or for individuals to get some fresh air and exercise.

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Morris Plains, New Jersey area median rent change by ZIP Code map

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

citymedian price
Bogota$2,300
Old Bridge$2,710
Clark$2,750
Riverdale$2,736
Middlesex$2,100
Egg Harbor City$2,225

Average household income in Morris Plains area graph - US Census

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The median household income in Morris Plains in 2021 was $127,021. This represents a 23.7% change from 2011 when the median was $102,721.

#categorypercent
0Less than $10,0001.0%
1$10,000 to $14,9991.3%
2$15,000 to $19,9991.4%
3$20,000 to $24,9992.0%
4$25,000 to $29,9991.0%
5$30,000 to $34,9991.3%
6$35,000 to $39,9994.4%
7$40,000 to $44,9991.5%
8$45,000 to $49,9991.9%
9$50,000 to $59,9993.1%
10$60,000 to $74,9992.8%
11$75,000 to $99,99910.6%
12$100,000 to $124,99913.3%
13$125,000 to $149,99918.3%
14$150,000 to $199,99912.4%
15$200,000 or more23.7%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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