Morris County, NJ

2025 Fair Market Rents

Tags: 2025 Newark, NJ HUD Metro FMR Area

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Return to the state page to see where New Jersey ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Morris County are Morristown, Parsippany, Hackettstown, and Basking Ridge. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Morris County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Morris County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Morris County compare?

Morris County ($2,140) has a 8.5% higher FMR for 2-Bedroom housing than the average of New Jersey ($1,973) and therefore a higher gross rent.

Morris County is rank 5th out of 21 counties. This means the FMRs, or in other words, the gross rent is higher than 16 other counties. Morris County is the 5th most expensive county in terms of FMRs.

Rent Tables Morris County, NJ

Fair Market Rent (40th Percentile)

$1,551
studio
$1,768
1-Bedroom
$2,140
2-Bedroom
$2,695
3-Bedroom
$3,065
4-Bedroom

Median Rent (50th Percentile)

$1,694
studio
$1,931
1-Bedroom
$2,337
2-Bedroom
$2,943
3-Bedroom
$3,347
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
07828 $1,410 $1,610 $1,950 $2,460 $2,790
07840 $1,470 $1,520 $1,840 $2,350 $2,730
07403 $1,790 $2,080 $2,380 $2,930 $3,700
07435 $1,650 $1,900 $2,260 $2,830 $3,310
07438 $1,710 $1,960 $2,350 $2,960 $3,400
07460 $2,320 $2,650 $3,200 $4,030 $4,590
07920 $2,050 $2,300 $2,890 $3,490 $3,840
07931 $1,830 $2,070 $2,570 $3,140 $3,490
07934 $1,620 $1,820 $2,280 $2,760 $3,040
07005 $1,700 $1,930 $2,340 $2,950 $3,350
07034 $1,380 $1,570 $1,900 $2,390 $2,720
07035 $1,720 $1,960 $2,370 $2,980 $3,390
07045 $2,330 $2,650 $3,210 $4,040 $4,600
07046 $1,750 $1,990 $2,410 $3,030 $3,450
07054 $1,740 $1,980 $2,400 $3,020 $3,440
07058 $2,260 $2,580 $3,120 $3,930 $4,470
07082 $2,080 $2,370 $2,870 $3,610 $4,110
07405 $1,580 $1,800 $2,180 $2,750 $3,120
07435 $1,650 $1,900 $2,260 $2,830 $3,310
07438 $1,710 $1,960 $2,350 $2,960 $3,400
07440 $1,740 $1,980 $2,400 $3,020 $3,440
07444 $2,070 $2,360 $2,850 $3,590 $4,080
07457 $2,330 $2,650 $3,210 $4,040 $4,600
07460 $2,320 $2,650 $3,200 $4,030 $4,590
07801 $1,770 $2,020 $2,440 $3,070 $3,490
07802 $1,860 $2,120 $2,560 $3,220 $3,670
07803 $1,910 $2,180 $2,640 $3,320 $3,780
07806 $1,860 $2,120 $2,560 $3,220 $3,670
07828 $1,410 $1,610 $1,950 $2,460 $2,790
07834 $1,800 $2,050 $2,480 $3,120 $3,550
07836 $1,900 $2,170 $2,620 $3,300 $3,750
07840 $1,470 $1,520 $1,840 $2,350 $2,730
07842 $1,830 $2,090 $2,530 $3,190 $3,630
07845 $1,860 $2,120 $2,560 $3,220 $3,670
07847 $2,000 $2,280 $2,760 $3,480 $3,950
07849 $1,620 $1,850 $2,240 $2,820 $3,210
07850 $1,680 $1,920 $2,320 $2,920 $3,320
07852 $1,720 $1,960 $2,370 $2,980 $3,390
07853 $1,560 $1,700 $2,070 $2,600 $2,960
07856 $2,330 $2,650 $3,210 $4,040 $4,600
07857 $1,350 $1,540 $1,860 $2,340 $2,660
07866 $1,760 $2,010 $2,430 $3,060 $3,480
07869 $1,740 $1,980 $2,400 $3,020 $3,440
07870 $1,470 $1,520 $1,840 $2,350 $2,730
07876 $2,140 $2,440 $2,950 $3,720 $4,230
07878 $2,270 $2,580 $3,130 $3,940 $4,480
07885 $1,920 $2,190 $2,650 $3,340 $3,800
07920 $2,050 $2,300 $2,890 $3,490 $3,840
07926 $2,230 $2,540 $3,070 $3,870 $4,400
07927 $2,330 $2,650 $3,210 $4,040 $4,600
07928 $2,240 $2,550 $3,090 $3,890 $4,430
07930 $1,830 $2,080 $2,520 $3,170 $3,610
07931 $1,830 $2,070 $2,570 $3,140 $3,490
07932 $2,330 $2,650 $3,210 $4,040 $4,600
07933 $1,980 $2,250 $2,740 $3,430 $3,880
07934 $1,620 $1,820 $2,280 $2,760 $3,040
07935 $2,230 $2,540 $3,080 $3,880 $4,410
07936 $2,330 $2,650 $3,210 $4,040 $4,600
07940 $2,150 $2,450 $2,960 $3,730 $4,240
07945 $2,260 $2,580 $3,120 $3,930 $4,470
07946 $1,920 $2,170 $2,690 $3,290 $3,780
07950 $2,330 $2,650 $3,210 $4,040 $4,600
07960 $2,230 $2,540 $3,070 $3,870 $4,400
07961 $2,220 $2,530 $3,060 $3,860 $4,390
07962 $1,860 $2,120 $2,560 $3,220 $3,670
07963 $1,860 $2,120 $2,560 $3,220 $3,670
07970 $2,070 $2,360 $2,860 $3,600 $4,090
07974 $1,980 $2,260 $2,730 $3,440 $3,910
07976 $1,860 $2,120 $2,560 $3,220 $3,670
07980 $1,730 $1,970 $2,380 $3,000 $3,410
07981 $2,330 $2,650 $3,210 $4,040 $4,600
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
07828 $1,269 $1,449 $1,755 $2,214 $2,511
07840 $1,323 $1,368 $1,656 $2,115 $2,457
07403 $1,611 $1,872 $2,142 $2,637 $3,330
07435 $1,485 $1,710 $2,034 $2,547 $2,979
07438 $1,539 $1,764 $2,115 $2,664 $3,060
07460 $2,088 $2,385 $2,880 $3,627 $4,131
07920 $1,845 $2,070 $2,601 $3,141 $3,456
07931 $1,647 $1,863 $2,313 $2,826 $3,141
07934 $1,458 $1,638 $2,052 $2,484 $2,736
07005 $1,530 $1,737 $2,106 $2,655 $3,015
07034 $1,242 $1,413 $1,710 $2,151 $2,448
07035 $1,548 $1,764 $2,133 $2,682 $3,051
07045 $2,097 $2,385 $2,889 $3,636 $4,140
07046 $1,575 $1,791 $2,169 $2,727 $3,105
07054 $1,566 $1,782 $2,160 $2,718 $3,096
07058 $2,034 $2,322 $2,808 $3,537 $4,023
07082 $1,872 $2,133 $2,583 $3,249 $3,699
07405 $1,422 $1,620 $1,962 $2,475 $2,808
07435 $1,485 $1,710 $2,034 $2,547 $2,979
07438 $1,539 $1,764 $2,115 $2,664 $3,060
07440 $1,566 $1,782 $2,160 $2,718 $3,096
07444 $1,863 $2,124 $2,565 $3,231 $3,672
07457 $2,097 $2,385 $2,889 $3,636 $4,140
07460 $2,088 $2,385 $2,880 $3,627 $4,131
07801 $1,593 $1,818 $2,196 $2,763 $3,141
07802 $1,674 $1,908 $2,304 $2,898 $3,303
07803 $1,719 $1,962 $2,376 $2,988 $3,402
07806 $1,674 $1,908 $2,304 $2,898 $3,303
07828 $1,269 $1,449 $1,755 $2,214 $2,511
07834 $1,620 $1,845 $2,232 $2,808 $3,195
07836 $1,710 $1,953 $2,358 $2,970 $3,375
07840 $1,323 $1,368 $1,656 $2,115 $2,457
07842 $1,647 $1,881 $2,277 $2,871 $3,267
07845 $1,674 $1,908 $2,304 $2,898 $3,303
07847 $1,800 $2,052 $2,484 $3,132 $3,555
07849 $1,458 $1,665 $2,016 $2,538 $2,889
07850 $1,512 $1,728 $2,088 $2,628 $2,988
07852 $1,548 $1,764 $2,133 $2,682 $3,051
07853 $1,404 $1,530 $1,863 $2,340 $2,664
07856 $2,097 $2,385 $2,889 $3,636 $4,140
07857 $1,215 $1,386 $1,674 $2,106 $2,394
07866 $1,584 $1,809 $2,187 $2,754 $3,132
07869 $1,566 $1,782 $2,160 $2,718 $3,096
07870 $1,323 $1,368 $1,656 $2,115 $2,457
07876 $1,926 $2,196 $2,655 $3,348 $3,807
07878 $2,043 $2,322 $2,817 $3,546 $4,032
07885 $1,728 $1,971 $2,385 $3,006 $3,420
07920 $1,845 $2,070 $2,601 $3,141 $3,456
07926 $2,007 $2,286 $2,763 $3,483 $3,960
07927 $2,097 $2,385 $2,889 $3,636 $4,140
07928 $2,016 $2,295 $2,781 $3,501 $3,987
07930 $1,647 $1,872 $2,268 $2,853 $3,249
07931 $1,647 $1,863 $2,313 $2,826 $3,141
07932 $2,097 $2,385 $2,889 $3,636 $4,140
07933 $1,782 $2,025 $2,466 $3,087 $3,492
07934 $1,458 $1,638 $2,052 $2,484 $2,736
07935 $2,007 $2,286 $2,772 $3,492 $3,969
07936 $2,097 $2,385 $2,889 $3,636 $4,140
07940 $1,935 $2,205 $2,664 $3,357 $3,816
07945 $2,034 $2,322 $2,808 $3,537 $4,023
07946 $1,728 $1,953 $2,421 $2,961 $3,402
07950 $2,097 $2,385 $2,889 $3,636 $4,140
07960 $2,007 $2,286 $2,763 $3,483 $3,960
07961 $1,998 $2,277 $2,754 $3,474 $3,951
07962 $1,674 $1,908 $2,304 $2,898 $3,303
07963 $1,674 $1,908 $2,304 $2,898 $3,303
07970 $1,863 $2,124 $2,574 $3,240 $3,681
07974 $1,782 $2,034 $2,457 $3,096 $3,519
07976 $1,674 $1,908 $2,304 $2,898 $3,303
07980 $1,557 $1,773 $2,142 $2,700 $3,069
07981 $2,097 $2,385 $2,889 $3,636 $4,140
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
07828 $1,551 $1,771 $2,145 $2,706 $3,069
07840 $1,617 $1,672 $2,024 $2,585 $3,003
07403 $1,969 $2,288 $2,618 $3,223 $4,070
07435 $1,815 $2,090 $2,486 $3,113 $3,641
07438 $1,881 $2,156 $2,585 $3,256 $3,740
07460 $2,552 $2,915 $3,520 $4,433 $5,049
07920 $2,255 $2,530 $3,179 $3,839 $4,224
07931 $2,013 $2,277 $2,827 $3,454 $3,839
07934 $1,782 $2,002 $2,508 $3,036 $3,344
07005 $1,870 $2,123 $2,574 $3,245 $3,685
07034 $1,518 $1,727 $2,090 $2,629 $2,992
07035 $1,892 $2,156 $2,607 $3,278 $3,729
07045 $2,563 $2,915 $3,531 $4,444 $5,060
07046 $1,925 $2,189 $2,651 $3,333 $3,795
07054 $1,914 $2,178 $2,640 $3,322 $3,784
07058 $2,486 $2,838 $3,432 $4,323 $4,917
07082 $2,288 $2,607 $3,157 $3,971 $4,521
07405 $1,738 $1,980 $2,398 $3,025 $3,432
07435 $1,815 $2,090 $2,486 $3,113 $3,641
07438 $1,881 $2,156 $2,585 $3,256 $3,740
07440 $1,914 $2,178 $2,640 $3,322 $3,784
07444 $2,277 $2,596 $3,135 $3,949 $4,488
07457 $2,563 $2,915 $3,531 $4,444 $5,060
07460 $2,552 $2,915 $3,520 $4,433 $5,049
07801 $1,947 $2,222 $2,684 $3,377 $3,839
07802 $2,046 $2,332 $2,816 $3,542 $4,037
07803 $2,101 $2,398 $2,904 $3,652 $4,158
07806 $2,046 $2,332 $2,816 $3,542 $4,037
07828 $1,551 $1,771 $2,145 $2,706 $3,069
07834 $1,980 $2,255 $2,728 $3,432 $3,905
07836 $2,090 $2,387 $2,882 $3,630 $4,125
07840 $1,617 $1,672 $2,024 $2,585 $3,003
07842 $2,013 $2,299 $2,783 $3,509 $3,993
07845 $2,046 $2,332 $2,816 $3,542 $4,037
07847 $2,200 $2,508 $3,036 $3,828 $4,345
07849 $1,782 $2,035 $2,464 $3,102 $3,531
07850 $1,848 $2,112 $2,552 $3,212 $3,652
07852 $1,892 $2,156 $2,607 $3,278 $3,729
07853 $1,716 $1,870 $2,277 $2,860 $3,256
07856 $2,563 $2,915 $3,531 $4,444 $5,060
07857 $1,485 $1,694 $2,046 $2,574 $2,926
07866 $1,936 $2,211 $2,673 $3,366 $3,828
07869 $1,914 $2,178 $2,640 $3,322 $3,784
07870 $1,617 $1,672 $2,024 $2,585 $3,003
07876 $2,354 $2,684 $3,245 $4,092 $4,653
07878 $2,497 $2,838 $3,443 $4,334 $4,928
07885 $2,112 $2,409 $2,915 $3,674 $4,180
07920 $2,255 $2,530 $3,179 $3,839 $4,224
07926 $2,453 $2,794 $3,377 $4,257 $4,840
07927 $2,563 $2,915 $3,531 $4,444 $5,060
07928 $2,464 $2,805 $3,399 $4,279 $4,873
07930 $2,013 $2,288 $2,772 $3,487 $3,971
07931 $2,013 $2,277 $2,827 $3,454 $3,839
07932 $2,563 $2,915 $3,531 $4,444 $5,060
07933 $2,178 $2,475 $3,014 $3,773 $4,268
07934 $1,782 $2,002 $2,508 $3,036 $3,344
07935 $2,453 $2,794 $3,388 $4,268 $4,851
07936 $2,563 $2,915 $3,531 $4,444 $5,060
07940 $2,365 $2,695 $3,256 $4,103 $4,664
07945 $2,486 $2,838 $3,432 $4,323 $4,917
07946 $2,112 $2,387 $2,959 $3,619 $4,158
07950 $2,563 $2,915 $3,531 $4,444 $5,060
07960 $2,453 $2,794 $3,377 $4,257 $4,840
07961 $2,442 $2,783 $3,366 $4,246 $4,829
07962 $2,046 $2,332 $2,816 $3,542 $4,037
07963 $2,046 $2,332 $2,816 $3,542 $4,037
07970 $2,277 $2,596 $3,146 $3,960 $4,499
07974 $2,178 $2,486 $3,003 $3,784 $4,301
07976 $2,046 $2,332 $2,816 $3,542 $4,037
07980 $1,903 $2,167 $2,618 $3,300 $3,751
07981 $2,563 $2,915 $3,531 $4,444 $5,060

Fair Market Rents on this page apply to the following cities in Morris County, New Jersey: Morristown, Parsippany, Hackettstown, Basking Ridge, Randolph, Rockaway, Dover, Morris Plains, Chatham, Denville, Butler, Boonton, Madison, Long Valley, Budd Lake, East Hanover, New Providence, Flanders, Oak Ridge, and Pompton Plains.

These Fair Market Rents also apply to the following ZIP codes in Morris County, New Jersey: 07960, 07054, 07840, 07920, 07869, 07866, 07801, 07950, 07928, 07834, 07405, 07005, 07940, 07853, 07828, 07936, 07974, 07836, 07438, and 07444.

Morris County, NJ is considered part of the following metro FMR area: NEWARK, NJ HUD METRO FMR AREA.

Other counties in the same metro FMR area are: Essex County, NJ, Sussex County, NJ, and Union County, NJ.

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Data Source

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Fair Market Rents are published by the Department of Housing And Urban Development.