
Cheap Homes for Rent in Parsippany Troy Hills, NJ from $1,600 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Parsippany Troy Hills.


3203 Vail Rd

2889 NJ-10

Furnished Studio-Hanover - 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.

904 Main St

2350 NJ-10

2216 Gates Ct

315 Lake Shore Dr
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.
Parsippany Troy Hills, NJ Local Guide

How much does it cost to rent a home in Parsippany Troy Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parsippany Troy Hills 2 Bedroom Homes for Rent | $2,882 | $1,995 | $3,800 |
| Parsippany Troy Hills 3 Bedroom Homes for Rent | $3,866 | $2,850 | $5,900 |
| Parsippany Troy Hills 4 Bedroom Homes for Rent | $4,108 | $2,400 | $5,000 |
| Parsippany Troy Hills 6 Bedroom Homes for Rent | $4,950 | $4,950 | $4,950 |
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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 Knoll Gardens priced from $1,545. 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 Troy Hills apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Knoll Gardens | $2.12/sq.ft. - One Bedroom Deluxe | 1BR,1BA | $1,545 |
| Edwards Gardens Apartments | 1 Bedroom Downstairs | 1BR,1BA | $1,650 |
| Parsippany Village | One Bedroom | 1BR,1BA | $1,705 |
Best Value Apartments for Rent in Parsippany Troy Hills, NJ
As of March 10, 2026 the best value apartment in the Parsippany Troy Hills area is the $2.07 price per square foot Three BR Town Home Model at Olde Forge East Townhouses in the in the Downtown Morristown neighborhood starting from $3,650. The second greatest value Parsippany Troy Hills 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 Troy Hills apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Olde Forge East Townhouses | Three BR Town Home | 3BR,2.5BA | $2.07 |
| Powder Mill Heights | $3.12/sq.ft. - Model P1W/P1E | 1BR,1BA | $1.93 |
| Ridgeview Commons | $2.44/sq.ft. - Dogwood | 2BR,2BA | $2.44 |
| Knoll Gardens | $1.92/sq.ft. - Two Bedroom | 2BR,1BA | $1.92 |
| Lakeview Gardens | $2.43/sq.ft. - Two Bedroom | 2BR,1BA | $2.43 |
| 191 N Beverwyck Rd, Unit 10 | 191 N Beverwyck Rd | 1BR,1BA | $1.85 |
| Edwards Gardens Apartments | 1 Bedroom Upstairs | 1BR,1BA | $1.89 |
| Partridge Run Apartments | 1 Bed 1 Bath | Renovated | 1BR,1BA | $2.41 |
| Westgate Gardens | $2.29/sq.ft. - Ash | 1BR,1BA | $2.54 |
| Redstone Gardens | $2.55/sq.ft. - One Bedroom_B | 1BR,1BA | $2.55 |
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 ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Best Local Schools in Parsippany Troy Hills, NJ
Lake Hiawatha School
Central Middle School
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 Parsippany Troy Hills
What type of rentals are currently available in Parsippany Troy Hills?
There are currently 134 Apartments for Rent in Parsippany Troy Hills, NJ with pricing that ranges from $1,545 to $7,565. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parsippany Troy Hills ranging from $1,675 to $5,900.
What is the current price range for Rental Homes in Parsippany Troy Hills?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Parsippany Troy Hills ranges from $1,675 to $5,900 with an average monthly rent of $3,587.
How much are larger Three and Four Bedroom Rentals in Parsippany Troy Hills?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Parsippany Troy Hills range from $3,200 to $7,565, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,850 to $5,900. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $3,600.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.

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.

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.