Rent by ZIP · Morris County
Rent in Montville, NJ 07045
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,770 (-4.2% vs FY2026). Renters in this ZIP code pay a median $2,846 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $2,030 | $2,100 | -3.3% | $1,827–2,233 | – |
| 1 bedroom | $2,300 | $2,390 | -3.8% | $2,070–2,530 | – |
| 2 bedrooms | $2,770 | $2,890 | -4.2% | $2,493–3,047 | – |
| 3 bedrooms | $3,450 | $3,640 | -5.2% | $3,105–3,795 | – |
| 4 bedrooms | $3,950 | $4,140 | -4.6% | $3,555–4,345 | – |
Small Area FMRs for the Newark, NJ HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Newark, NJ HUD Metro FMR Area, 2 bedrooms: $2,233.
What renters pay in 07045
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 07044 | Verona | $2,870 | $2,297 |
| 07046 | Mountain Lakes | $2,480 | – |
| 07043 | Montclair | $3,190 | $2,670 |
| 07047 | North Bergen | $3,030 | $1,960 |
| 07042 | Montclair | $2,940 | $2,242 |
| 07041 | Millburn | $2,630 | $2,047 |
Fair Market Rents across Morris County, NJ · All NJ counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.