Cheap Apartments for Rent in Hanover, NJ from $1,600 (29 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.

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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.

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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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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.

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property at 12 Prospect St

12 Prospect St

MorristownNJ07960
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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 $1,674. Morris-Elm Apartments in the Downtown Morristown neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,850. Here is today’s list of the most affordable Hanover apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parsippany GardensStudioStudio,1BA$1,674
Morris-Elm ApartmentsStudioStudio,1BA$1,850
Colonial HeightsLarge Apt-w/Dining Room, 2 WIC's1BR,1BA$1,895
Westgate Gardens$2.54/sq.ft. - Ash1BR,1BA$1,995
Morris Crossing Townhouses1 Bedroom Standard1BR,1BA$2,225
Beverly GardensDeluxe 1 Bed 1 Bath1BR,1BA$2,249
Olde Forge East TownhousesOne Bedroom1BR,1BA$2,275
The Highlands at Morris PlainsThe Foxglove1BR,1BA$2,292
Franklin Manor Apartments1BR/1BA1BR,1BA$2,350

Best Value Apartments for Rent in Hanover, NJ and Nearby

As of October 28, 2025 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 Gramercy Model at Woodmont Knolls starting at $3,425 with a $2.83 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
Woodmont KnollsGramercy2BR,2BA$2.83
147 Columbia$3.11/sq.ft. - Residence 1-1J1BR,1BA$3.11
Colonial HeightsBright & Spacious 2 BR - Huge Kitchen2BR,1BA$2.66
Olde Forge East TownhousesOne Bedroom1BR,1BA$2.55
Hanover MillsA4 - Maple1BR,1BA$3.14
Whippany Village ApartmentsB101BR,1BA$3.15
Westgate Gardens$2.54/sq.ft. - Ash1BR,1BA$2.54
Morris Crossing Townhouses1 Bedroom Standard1BR,1BA$3.10
Beverly GardensDeluxe 1 Bed 1 Bath1BR,1BA$3.22

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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 $1,674.

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

The lowest price for a Cheap One Bedroom Hanover Apartment is $1,734 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 $2,395 at Colonial Heights.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.