45

Studio Apartment for Rent in Cedar Knolls, NJ

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    Starting at $2,606

    Total Monthly Price

    • Studio - 2 Beds

    1515 Nj-10, Parsippany, NJ 07054

    Discover upscale living at District 1515, situated in Parsippany; an exciting town center enclave of brand-new luxury rentals just off Route 10, within easy reach of downtown Morristown. Revel in a full suite of exclusive resident amenities that enhance your daily life, while being surrounded by an array of shops, restaurants, and retail conveniences in this vibrant and transit-friendly

    The District at 15Fifteen

    1515 Nj-10, Parsippany, NJ 07054

Why Live in Cedar Knolls

Cedar Knolls, located in Hanover Township, New Jersey, is a residential community known for its shaded streets and proximity to natural attractions. The area features a mix of historical, mid-century, and contemporary architecture, with housing styles including hi-ranches, split-levels, Cape Cods, Tudors, and Colonials. Cedar Knolls offers a suburban lifestyle with convenient access to major highways and public transportation, making it a popular choice for commuting professionals. The community is approximately 35 miles from Manhattan, with train and bus options available for those working in the city. Local amenities include Cedar Knolls Plaza and Hanover Crossroads, which house retailers like Walmart and HomeGoods, as well as grocery stores such as ShopRite and Lidl. Dining options are abundant, with nearby Morristown offering a vibrant scene featuring diverse cuisines. Notable attractions include the Frelinghuysen Arboretum and Malapardis Park, providing residents with ample outdoor recreation opportunities. Cedar Knolls is served by highly rated schools, including Mountview Road School and Hanover Park High School, as well as the private Morristown Beard School. The community is safer than the national average, adding to its appeal for families and long-term residents.

Frequently Asked Questions

How much does it cost to rent a home in Cedar Knolls, NJ?
The median rent for a home in Cedar Knolls, NJ is $3,300 per month, though prices vary by neighborhood, size, and property type. As of June 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Cedar Knolls, NJ?
To comfortably afford the median rent in Cedar Knolls, NJ, a household needs to earn roughly $132,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $3,300 per month in Cedar Knolls, NJ, renters typically need to show $9,900 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Cedar Knolls, NJ?
In Cedar Knolls, NJ, the price-to-rent ratio is 18.3, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$3,300
Median Single Family Home Rent
$1,850
Median Condo Rent
$3,400
How to Rent a Home