Apartments & Homes for Rent in Cedar Knolls, NJ

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What to Know About

Life in Cedar Knolls & Beyond

Cedar Knolls shares many of the great qualities that make New Jersey a desirable place to live.

New Jersey is known for its beaches along the Jersey Shore to some of the most iconic landmarks in the nation, such as the Liberty Bell, the Statue of Liberty, and Ellis Island. From the bustling streets of Newark to the picturesque shorelines of Cape May, New Jersey is a state unlike any other. Discover its dynamic culture and rich heritage by visiting iconic landmarks like Liberty State Park and the Ellis Island National Museum of Immigration. And for those seeking knowledge, New Jersey is home to renowned universities like Rutgers University and Princeton University.

Whether you're an outdoor enthusiast or a sports fan, New Jersey has plenty to offer, including the New York Giants (NFL), New York Jets (NFL), New Jersey Devils (NHL), and the New Jersey Nets (NBA). Enjoy the beautiful coastline by fishing, surfing, or sailing, and hit the slopes of nearby mountains. Make sure to visit famous attractions like the Atlantic City Boardwalk, the Camden Waterfront, and the historic town of Cape May.

A state that never stops moving, New Jersey is a melting pot of cultures, experiences, and opportunities waiting to be experienced, making it a great place to call home.

Rental Market Trends

Morris County, NJ

As of April 2025, Morris County's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Morris County's average rent is 4.4% ($107) lower than the New Jersey average of $2,434 and 29.3% ($528) higher than the U.S. average of $1,799.

Average Rent
$2,327
Monthly ChangeMonth Over Month Change
Decreased1.7% ($41)
Yearly ChangeYear Over Year Change
Increased4.5% ($100)
Avg. Days on MarketAverage Days on Market
39
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $2,176 Decreased0.8% ($18) Increased6.7% ($137)
2 Beds $2,610 Decreased0.9% ($25) Increased3.7% ($93)
3 Beds $3,583 Decreased1% ($36) Increased11.7% ($374)
Cities within Morris County Average Rent Avg. Rent vs. MorrisAverage Rent vs. Morris County Avg. Days on MarketAverage Days on Market
Morristown $2,745 Increased18% ($418) 41 days
Florham Park $2,941 Increased26.4% ($614) 36 days
Chatham $3,208 Increased37.9% ($881) 35 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Morris County Rental Market FAQs

Explore rental prices, market trends, and availability in Morris County, NJ.

The average rent in Morris County, NJ is $2,327 per month.
Homes in Morris County typically rent for between $1,523 and $4,658 per month, with an average of $2,327 per month.
In Morris County, the average rent for a 1-bedroom home is $2,176 per month, for a 2-bedroom home, $2,610 per month, and a 3-bedroom home is $3,583 per month.
The average rent in Morris County is 29.3% ($528) higher than the national average of $1,799 per month.
The average rent in Morris County has decreased by 1.7% ($41) in the last month and increased by 4.5% ($100) over the past year.
The rental market in Morris County, NJ, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Morris County, NJ, the average rental stays on the market for approximately 39 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 86 rental properties available in Morris County, NJ.
Based on the current averages, a household would need an annual income of $104,400 to comfortably afford a 2-bedroom home in Morris County.
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