Cheap Apartments for Rent in Parsippany, NJ from $1,000 (30 Rentals)

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

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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Vail Manor 55+
1 to 2 Bedroom Apartments

Vail Manor 55+

186 Vail RdParsippany, NJ 07054
Senior Living
  • Utilities Included
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Redstone Gardens
1 to 2 Bedroom Apartments

Redstone Gardens

1 Redstone DrParsippany, NJ 07054
  • Utilities Included

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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property at 101 N Beverwyck Rd

101 N Beverwyck Rd

Parsippany Troy HillsNJ07034

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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Parsippany, NJ Local Guide

Cheapest Available Parsippany Apartments for Rent

 

The cheapest available apartment rental in Parsippany, NJ is a Studio unit found at Vail Gardens priced from $1,650. Parsippany Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,675. Here is today’s list of the most affordable Parsippany apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Vail GardensStudioStudio,1BA$1,650
Parsippany VillageOne Bedroom1BR,1BA$1,675
Baldwin Manor1 bedroom1BR,1BA$1,695
Parsippany GardensOne Bedroom One Bath1BR,1BA$1,698
Lakeview Gardens$2.11/sq.ft. - One Bedroom1BR,1BA$1,865
Camelot Gardens1 Bedroom1BR,1BA$1,921
Partridge Run Apartments1 Bed 1 Bath | Classic1BR,1BA$1,925
Park Lake VillageOne Bedroom /Eat-In Kitchen-Modern1BR,1BA$1,925
Redstone Gardens$2.59/sq.ft. - One Bedroom_A1BR,1BA$1,940

Best Value Apartments for Rent in Parsippany, NJ

As of September 05, 2025 the best value apartment in the Parsippany area is the $2.01 price per square foot $3.12/sq.ft. - Model P1W/P1E Model at Powder Mill Heights in the starting from $2,625. The second greatest value Parsippany apartment is the $2.14/sq.ft. - Two Bedroom Model at Knoll Gardens starting at $2,400 with a $2.14 price per square foot . Here is today’s list of the best values for Parsippany apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Powder Mill Heights$3.12/sq.ft. - Model P1W/P1E1BR,1BA$2.01
Knoll Gardens$2.14/sq.ft. - Two Bedroom2BR,1BA$2.14
412 Morris Ave, Unit 2412 Morris Ave2BR,1BA$2.40
Lakeview Gardens$2.11/sq.ft. - One Bedroom1BR,1BA$2.11
Partridge Run Apartments1 Bed 1 Bath | Renovated1BR,1BA$2.41
Westgate Gardens$2.54/sq.ft. - Ash1BR,1BA$2.54
Camelot Gardens1 Bedroom1BR,1BA$2.56
Redstone Gardens$2.59/sq.ft. - One Bedroom_A1BR,1BA$2.68
Parsippany VillageOne Bedroom1BR,1BA$2.58
90 Windsor Dr, Unit Apartment90 Windsor Dr1BR,1BA$2.50

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

Explore Parsippany, NJ Rentals by Map

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Getting Around Parsippany, NJ

Walk Score®

42 / 100

Car-Dependent

Most errands require a car

Bike Score®

38 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Parsippany Apartments

What is the Cheapest Studio apartment in Parsippany?

Currently the most affordable Cheap Studio Apartment in Parsippany is at Vail Gardens listed at $1,650.

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

The lowest price for a Cheap One Bedroom Parsippany Apartment is $1,675 at Parsippany Village.

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

Today's best deal for a Cheap Two Bedroom Apartment in Parsippany is starting from $2,192 at Parsippany Gardens.

What is the most affordable Parsippany Three Bedroom Apartment?

The best deal on a cheap Parsippany Three Bedroom Apartment rental is at Powder Mill Heights and starts from $4,000.

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.