Cheap Apartments for Rent in Parsippany, NJ from $1,400 (28 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article
close
View Me
Redstone Gardens
1 to 2 Bedroom Apartments

Redstone Gardens

1 Redstone DrParsippany, NJ 07054
  • Utilities Included
close
View Me
Vail Manor 55+
1 to 2 Bedroom Apartments

Vail Manor 55+

186 Vail RdParsippany, NJ 07054
Senior Living
  • Utilities Included

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.

Read Article
property at 2467 NJ-10

2467 NJ-10

Morris PlainsNJ07950

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article
Showing Results 1-28, Page 1 of 1

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 $1,550. Baldwin Manor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,695. Here is today’s list of the most affordable Parsippany apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Vail GardensStudioStudio,1BA$1,550
Baldwin Manor1 bedroom1BR,1BA$1,695
Knoll Gardens$2.42/sq.ft. - One Bedroom Standard w/Balcony1BR,1BA$1,770
Parsippany GardensOne Bedroom One Bath1BR,1BA$1,776
Redstone Gardens$2.34/sq.ft. - One Bedroom_A1BR,1BA$1,790
Dartmouth Village1 BR-Oversized LR, EIK,Loads of Closets1BR,1BA$1,795
Tivoli Gardens1BR/1BA1BR,1BA$1,800
Parsippany VillageOne Bedroom1BR,1BA$1,825
Colonial Heights1 BR-Over-sized Living - Eat-in Kitchen1BR,1BA$1,850
Lakeview Gardens$2.11/sq.ft. - One Bedroom1BR,1BA$1,865

Best Value Apartments for Rent in Parsippany, NJ

As of June 04, 2025 the best value apartment in the Parsippany area is the $2.13 price per square foot $2.12/sq.ft. - Garland Model at Ridgeview Commons in the starting from $3,175. The second greatest value Parsippany apartment is the $3.12/sq.ft. - Model P1W/P1E Model at Powder Mill Heights starting at $2,525 with a $1.93 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.
Ridgeview Commons$2.12/sq.ft. - Garland2BR,2BA$2.13
Powder Mill Heights$3.12/sq.ft. - Model P1W/P1E1BR,1BA$1.93
Whippany Village ApartmentsB92BR,2BA$2.75
Lakeview Gardens$2.38/sq.ft. - Two Bedroom2BR,1BA$2.43
Rachel Gardens2 Bed 1.5 Bath Townhouse2BR,1.5BA$2.64
Knoll Gardens$2.46/sq.ft. - One Bedroom Deluxe1BR,1BA$2.11
Westgate Gardens$2.48/sq.ft. - Ash1BR,1BA$2.48
Redstone Gardens$2.34/sq.ft. - One Bedroom_A1BR,1BA$2.34
Parsippany VillageOne Bedroom1BR,1BA$2.58
Tivoli Gardens1BR/1BA1BR,1BA$2.77

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.

decorative image of people with a giant lease agreement

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

Explore Parsippany, NJ Rentals by Map

Decorative image of map

See the most popular apartments and homes in Parsippany, NJ

View MapParsippany, NJ Apartments MapView MapParsippany, NJ Rental Homes Map

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 $1,550.

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

The lowest price for a Cheap One Bedroom Parsippany Apartment is $1,695 at Baldwin Manor.

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 $2,100 at Tivoli Gardens.

What is the most affordable Parsippany Three Bedroom Apartment?

The best deal on a cheap Parsippany Three Bedroom Apartment rental is at Sterling Parc at Hanover and starts from $3,550.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.