Cheap Apartments for Rent in Hanover, NJ from $1,600 (14 Rentals)

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Search the lowest-cost Apartments available for rent right now in Hanover.

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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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Hanover, NJ Local Guide

Cheapest Available Hanover Apartments for Rent and Nearby

 

The cheapest available apartment rental in Hanover, NJ is a 1 Bed unit found at Parsippany Gardens priced from $1,648. Morris-Elm Apartments in the Downtown Morristown neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,950. Here is today’s list of the most affordable Hanover apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parsippany GardensOne Bedroom One Bath1BR,1BA$1,648
Morris-Elm ApartmentsStudioStudio,1BA$1,950
Westgate Gardens$2.54/sq.ft. - Ash1BR,1BA$1,995
Olde Forge East TownhousesOne Bedroom1BR,1BA$2,075
Franklin Manor Apartments1BR/1BA1BR,1BA$2,350

Best Value Apartments for Rent in Hanover, NJ and Nearby

As of September 09, 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 $3,245 with a $2.68 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$2.68
Olde Forge East TownhousesTwo Bedroom2BR,1.5BA$2.48
Whippany Village ApartmentsB92BR,2BA$2.75
147 Columbia$3.11/sq.ft. - Residence 1-1J1BR,1BA$3.11
Sterling Parc at HanoverKnoll2BR,2BA$2.91
Westgate Gardens$2.88/sq.ft. - Birch2BR,1BA$2.98
Hanover MillsA4 - Maple1BR,1BA$3.17
Morris Crossing Townhouses1 Bedroom Deluxe - Fireplace1BR,1BA$3.15
Parsippany GardensTwo Bedroom One Bath2BR,1BA$2.86

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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 Morris-Elm Apartments listed at $1,950.

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

The lowest price for a Cheap One Bedroom Hanover Apartment is $1,648 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 $2,173 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 Olde Forge East Townhouses and starts from $3,650.

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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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.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.