Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the Morris Plains area can be challenging. Home prices in Morris Plains are now at a median cost of $579,504, higher than the New Jersey average of $496,577.
The average cost of rent is $2,509/mo in Morris Plains, primarily driven by the current value of real estate in the Morris Plains area. In Morris Plains, 26.09% of households rent, and 34.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Morris Plains is $13,502 per month. Households that rent pay about 18.58% of their income on rent here. Morris Plains’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Mount Tabor, NJ: less expensive homes
- Cedar Knolls, NJ: higher priced homes
- Denville, NJ: equally priced homes
- Morristown, NJ: higher priced homes
- Whippany, NJ: equally priced homes
- Victory Gardens, NJ: less expensive homes
- Parsippany, NJ: equally priced homes
- Mountain Lakes, NJ: higher priced homes
- Randolph, NJ: higher priced homes
- Dover, NJ: less expensive homes
Cities with Similar Populations
- Rosedale, MD: less expensive homes
- La Vista, NE: less expensive homes
- Lackawanna, NY: less expensive homes
- Lahaina, HI: higher priced homes
- Lealman, FL: less expensive homes
- Lino Lakes, MN: less expensive homes
- Live Oak, FL: less expensive homes
- Livingston, TX: less expensive homes
- Lomita, CA: higher priced homes
- Louisville, OH: less expensive homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood