721R Birch St
BoontonNJ07005
Cheap Homes for Rent in Parsippany, NJ from $800 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Parsippany.
199 N Beverwyck Rd
Parsippany Troy HillsNJ07034
2467 New Jersey 10 2B
2467 NJ-10
Morris PlainsNJ07950
2467 NJ-10
Morris PlainsNJ07950
2467 NJ-10
Morris PlainsNJ07950
2350 NJ-10, Unit A26
2350 NJ-10
Morris PlainsNJ07950
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
3203 Vail Rd
ParsippanyNJ07054
2350 NJ-10
Morris PlainsNJ07950
2889 NJ-10
Morris PlainsNJ07950
23 E Hanover Ave
Morris PlainsNJ07950
24 Sunrise Dr
HanoverNJ07981
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$2,5002 Bedroom Apartments Available Now
917 Boyle St, Unit 917 Boyle
917 Boyle StBoonton, NJ 07005
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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Parsippany, NJ Local Guide
How much does it cost to rent a home in Parsippany?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parsippany 2 Bedroom Homes for Rent | $3,124 | $1,995 | $4,200 |
| Parsippany 3 Bedroom Homes for Rent | $3,905 | $2,850 | $4,975 |
| Parsippany 4 Bedroom Homes for Rent | $4,725 | $3,400 | $6,500 |
| Parsippany 5 Bedroom Homes for Rent | $6,800 | $6,800 | $6,800 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Parsippany, NJ Local Guide
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Cheapest Available Parsippany Apartments for Rent
The cheapest available apartment rental in Parsippany, NJ is a Studio unit found at Parsippany Gardens priced from $1,639. Edwards Gardens Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,650. Here is today’s list of the most affordable Parsippany apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parsippany Gardens | Studio | Studio,1BA | $1,639 |
| Edwards Gardens Apartments | 1 Bedroom Downstairs | 1BR,1BA | $1,650 |
| Knoll Gardens | $2.32/sq.ft. - One Bedroom Deluxe | 1BR,1BA | $1,695 |
| Parsippany Village | One Bedroom | 1BR,1BA | $1,750 |
| Baldwin Manor | 1 bedroom | 1BR,1BA | $1,750 |
Best Value Apartments for Rent in Parsippany, NJ
As of June 10, 2026 the best value apartment in the Parsippany area is the $2.28 price per square foot Townhome E Model at Hanover Mills in the starting from $5,100. The second greatest value Parsippany apartment is the $2.27/sq.ft. - Model P2WB/P2EB Model at Powder Mill Heights starting at $2,925 with a $1.46 price per square foot . Here is today’s list of the best values for Parsippany apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hanover Mills | Townhome E | 2BR,2.5BA | $2.28 |
| Powder Mill Heights | $2.27/sq.ft. - Model P2WB/P2EB | 2BR,2BA | $1.46 |
| Lakeview Gardens | $2.25/sq.ft. - Two Bedroom | 2BR,1BA | $2.25 |
| Rachel Gardens | 2 Bed 1.5 Bath Townhouse | 2BR,1.5BA | $2.50 |
| Edwards Gardens Apartments | 1 Bedroom Upstairs | 1BR,1BA | $1.89 |
| Partridge Run Apartments | 1 BR 1 BTH | Renovated | 1BR,1BA | $2.58 |
| Knoll Gardens | $2.32/sq.ft. - One Bedroom Deluxe | 1BR,1BA | $1.99 |
| Westgate Gardens | $2.29/sq.ft. - Ash | 1BR,1BA | $2.48 |
| Camelot Gardens | 1 Bedroom | 1BR,1BA | $2.57 |
| Rutgers Village Apartments | One Bedroom | 1BR,1BA | $2.57 |
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.
Read Article
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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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Frequently Asked Questions about Parsippany
What type of rentals are currently available in Parsippany?
There are currently 87 Apartments for Rent in Parsippany, NJ with pricing that ranges from $1,650 to $6,478. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parsippany ranging from $825 to $6,800.
What is the current price range for Rental Homes in Parsippany?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Parsippany ranges from $825 to $6,800 with an average monthly rent of $4,097.
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
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.