Cheap Apartments for Rent in Hanover, NJ from $1,600 (25 Rentals)

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Hanover, NJ Local Guide

Cheapest Available Hanover Apartments for Rent and Nearby

 

The cheapest available apartment rental in Hanover, NJ is a Studio unit found at Parsippany Gardens priced from $1,607. Franklin Manor Apartments in the Downtown Morristown neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,150. Here is today’s list of the most affordable Hanover apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parsippany GardensStudioStudio,1BA$1,607
Franklin Manor Apartments1BR/1BA1BR,1BA$2,150
Beverly GardensDeluxe 1 Bed 1 Bath1BR,1BA$2,195
Park Avenue At Florham Park1 Bedroom1BR,1BA$2,250
Olde Forge East TownhousesOne Bedroom1BR,1BA$2,275

Best Value Apartments for Rent in Hanover, NJ and Nearby

As of February 03, 2026 the best value apartment in the Hanover area is the $2.21 price per square foot Three Bed Model at Carriage House in the in the Downtown Morristown neighborhood starting from $3,885. The second greatest value Hanover apartment is the $2.74/sq.ft. - Residence 1-2D Model at 147 Columbia starting at $4,225 with a $2.75 price per square foot . Here is today’s list of the best values for Hanover apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Carriage HouseThree Bed3BR,2.5BA$2.21
147 Columbia$2.74/sq.ft. - Residence 1-2D2BR,2BA$2.75
The Regency on Elm2 Bedroom2BR,2BA$2.65
The Carlton1 bedroom 1 bathroom1BR,1BA$2.36
LAFAYETTE COURT L.L.C.LAFAYETTE2BR,2BA$3.00
Morris-Hill Apartments2 BR Spacious Renovated2BR,1BA$2.52
The M at MorristownA41BR,1BA$3.08
Olde Forge East TownhousesOne Bedroom1BR,1BA$2.55
34 Eden1A1BR,1BA$2.88
Morris Crossing Townhouses1 Bedroom with Back Patio/Yard1BR,1BA$3.00

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Hanover Apartments

What is the Cheapest Studio apartment in Hanover?

Currently the most affordable Cheap Studio Apartment in Hanover is at Parsippany Gardens listed at $1,611.

How much is rent for a Cheap One Bedroom Hanover Apartment?

The lowest price for a Cheap One Bedroom Hanover Apartment is $1,705 at Parsippany Gardens.

What is the lowest price for a Cheap Two Bedroom Hanover Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Hanover is starting from $2,273 at Parsippany Gardens.

What is the most affordable Hanover Three Bedroom Apartment?

The best deal on a cheap Hanover Three Bedroom Apartment rental is at Carriage House and starts from $3,885.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.