
Cheap Apartments for Rent in Parsippany Troy Hills, NJ from $1,400 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in Parsippany Troy Hills.


3 Rebecca Rd, Unit 3 Rebecca Rd

Denville Manor

Vail Gardens

Edwards Gardens Apartments

Knoll Gardens

Tivoli Gardens

Parsippany Gardens

Intervale Gardens

Baldwin Manor
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Parsippany Village

Troy Gardens Apartments

Rutgers Village Apartments

Dartmouth Village

Park Lake Village

Colonial Heights

Redstone Gardens

Pinefield Manor

Camelot Gardens

Beverwyck Gardens
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Rachel Gardens

2467 NJ-10

Partridge Run Apartments

Lakeview Gardens

Troy Hills Village

2467 NJ-10, Unit 36-7a

409 Main St

Westgate Gardens

Total Monthly Price
500 Parq

MEADOWBROOK GARDENS APARTMENTS
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Avalon Montville

Station Village at Denville

Lexica

Beverly Gardens

2350 NJ-10, Unit Building A, 2

Olde Forge East Townhouses

Washington Park Terrace

Modera Montville

The Highlands at Morris Plains

Morris Crossing Townhouses
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.

309 Main St

Legacy at Morris Plains

2467 NJ-10

Johannes Parlaman House Apartments

Vail Manor - 55+

101 Birch St

2889 NJ-10

Mill Run at Parsippany

24 Sunrise Dr

311 Old Boonton Rd
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.
Parsippany Troy Hills, NJ Local Guide

How much does it cost to rent an apartment in Parsippany Troy Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Parsippany Troy Hills Studio Apartments | $2,611 | $1,650 | $2,854 |
| Cheap Parsippany Troy Hills 1 Bedroom Apartments | $2,774 | $1,485 | $5,169 |
| Cheap Parsippany Troy Hills 2 Bedroom Apartments | $3,602 | $1,890 | $6,933 |
| Cheap Parsippany Troy Hills 3 Bedroom Apartments | $4,043 | $2,500 | $6,000 |
| Cheap Parsippany Troy Hills 4 Bedroom Apartments | $6,600 | $6,600 | $6,600 |
Browse Top Apartments in Parsippany Troy Hills
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Parsippany Troy Hills, NJ Local Guide
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Cheapest Available Parsippany Troy Hills Apartments for Rent
 The cheapest available apartment rental in Parsippany Troy Hills, NJ is a 1 Bed unit found at Edwards Gardens Apartments priced from $1,650. Parsippany Gardens has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,733. Here is today’s list of the most affordable Parsippany Troy Hills apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Edwards Gardens Apartments | 1 Bedroom Downstairs | 1BR,1BA | $1,650 |
| Parsippany Gardens | One Bedroom One Bath | 1BR,1BA | $1,733 |
| Parsippany Village | One Bedroom | 1BR,1BA | $1,750 |
| Baldwin Manor | 1 Bedroom with Balcony or Patio | 1BR,1BA | $1,750 |
| Troy Gardens Apartments | 1BR/1BA | 1BR,1BA | $1,800 |
| Rutgers Village Apartments | One Bedroom | 1BR,1BA | $1,800 |
| Dartmouth Village | 1 BR-Oversized LR, EIK,Loads of Closets | 1BR,1BA | $1,825 |
| Colonial Heights | 1 BR-Over-sized Living - Eat-in Kitchen | 1BR,1BA | $1,850 |
| Redstone Gardens | $2.54/sq.ft. - One Bedroom_A | 1BR,1BA | $1,880 |
| Partridge Run Apartments | 1 BR 1 BTH | Classic | 1BR,1BA | $1,925 |
Best Value Apartments for Rent in Parsippany Troy Hills, NJ
As of July 22, 2026 the best value apartment in the Parsippany Troy Hills 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 Troy Hills apartment is the $2.16/sq.ft. - Tulip Model at Mountain Way Estates starting at $4,000 with a $2.16 price per square foot . Here is today’s list of the best values for Parsippany Troy Hills 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 |
| Mountain Way Estates | $2.16/sq.ft. - Tulip | 2BR,2.5BA | $2.16 |
| Knoll Gardens | $1.92/sq.ft. - Two Bedroom | 2BR,1BA | $1.92 |
| 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 |
| Olde Forge East Townhouses | One Bedroom | 1BR,1BA | $2.55 |
| Partridge Run Apartments | 1 BR 1 BTH | Classic | 1BR,1BA | $2.21 |
| Westgate Gardens | $2.29/sq.ft. - Ash | 1BR,1BA | $2.61 |
| 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 ArticleReal 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.
Best Local Schools in Parsippany Troy Hills, NJ
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Parsippany Troy Hills, NJ Rentals by Map
See the most popular apartments and homes in Parsippany Troy Hills, NJ
Frequently Asked Questions about Cheap Parsippany Troy Hills Apartments
What is the Cheapest Studio apartment in Parsippany Troy Hills?
Currently the most affordable Cheap Studio Apartment in Parsippany Troy Hills is at Parsippany Gardens listed at $2,042.
How much is rent for a Cheap One Bedroom Parsippany Troy Hills Apartment?
The lowest price for a Cheap One Bedroom Parsippany Troy Hills Apartment is $1,650 at Edwards Gardens Apartments.
What is the lowest price for a Cheap Two Bedroom Parsippany Troy Hills Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Parsippany Troy Hills is starting from $2,125 at Baldwin Manor.
What is the most affordable Parsippany Troy Hills Three Bedroom Apartment?
The best deal on a cheap Parsippany Troy Hills Three Bedroom Apartment rental is at Olde Forge East Townhouses and starts from $3,650.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.