Cheap Apartments for Rent in Parsippany, NJ from $1,500 (41 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 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 2350 NJ-10

$2,250 - $2,800

1 To 2 Bedroom Rentals

Available Now

2350 NJ-10

Morris PlainsNJ07950

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.

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property at 191 N Beverwyck Rd

$1,850

1 Bedroom, 1 Bath Home for Rent

Available Now

191 N Beverwyck Rd

Parsippany Troy HillsNJ07034
property at 2467 NJ-10

$1,950

1 Bedroom, 1 Bath Home for Rent

Available Now

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.

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Showing Results 1-41, 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 $1,650. Parsippany Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,705. 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$1,705
Parsippany GardensOne Bedroom One Bath1BR,1BA$1,732
Baldwin Manor1 bedroom1BR,1BA$1,750
Park Lake VillageOne Bedroom-Eat In Kitchen-Traditional1BR,1BA$1,785
Vail Manor 55+$3.70/sq.ft. - V1L1BR,1BA$1,795
Knoll Gardens$2.32/sq.ft. - One Bedroom Deluxe1BR,1BA$1,795
Rutgers Village ApartmentsOne Bedroom1BR,1BA$1,800
Lakeview Gardens$2.11/sq.ft. - One Bedroom1BR,1BA$1,865
Troy Gardens Apartments1BR/1BA1BR,1BA$1,875

Best Value Apartments for Rent in Parsippany, NJ

As of January 22, 2026 the best value apartment in the Parsippany area is the $1.49 price per square foot $3.52/sq.ft. - Model P2WSB/P2ESB Model at Powder Mill Heights in the starting from $2,995. The second greatest value Parsippany apartment is the The Fern Model at Estling Village starting at $3,065 with a $2.36 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$3.52/sq.ft. - Model P2WSB/P2ESB2BR,2BA$1.49
Estling VillageThe Fern2BR,2.5BA$2.36
Ridgeview Commons$2.60/sq.ft. - Dogwood2BR,2BA$2.60
Knoll Gardens$2.05/sq.ft. - Two Bedroom2BR,1BA$2.14
Lakeview Gardens$2.48/sq.ft. - Two Bedroom2BR,1BA$2.52
Partridge Run Apartments1 Bed 1 Bath | Classic1BR,1BA$2.18
Camelot Gardens1 Bedroom1BR,1BA$2.61
Rutgers Village ApartmentsOne Bedroom1BR,1BA$2.57
Baldwin Manor1 bedroom1BR,1BA$2.57
Parsippany VillageOne Bedroom1BR,1BA$2.62

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!

Explore Parsippany, NJ Rentals by Map

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See the most popular apartments and homes in Parsippany, NJ

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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 $1,705 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 $1,995 at Vail Manor 55+.

What is the most affordable Parsippany Three Bedroom Apartment?

The best deal on a cheap Parsippany Three Bedroom Apartment rental is at Avalon Boonton and starts from $3,780.

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.