Rent by ZIP · Morris County
Rent in Morris Plains, NJ 07950
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $3,350 (+1.2% vs FY2026). Renters in this ZIP code pay a median $2,612 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $2,460 | $2,420 | +1.7% | $2,214–2,706 | $1,689 ±$208 |
| 1 bedroom | $2,780 | $2,740 | +1.5% | $2,502–3,058 | $1,961 ±$219 |
| 2 bedrooms | $3,350 | $3,310 | +1.2% | $3,015–3,685 | $2,746 ±$170 |
| 3 bedrooms | $4,180 | $4,140 | +1% | $3,762–4,598 | $2,891 ±$399 |
| 4 bedrooms | $4,780 | $4,710 | +1.5% | $4,302–5,258 | $3,500+ |
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 07950
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 |
|---|---|---|---|
| 07946 | Millington | $2,940 | – |
| 07945 | Mendham | $2,980 | $3,500+ |
| 07940 | Madison | $3,040 | $2,595 |
| 07960 | Morristown | $3,340 | $2,609 |
| 07936 | East Hanover | $3,350 | $3,172 |
| 07935 | Green Village | $3,300 | – |
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.