
Cheap Homes for Rent in Parsippany Troy Hills, NJ from $1,850 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Parsippany Troy Hills.


2467 NJ-10, Unit 48-2A

101 Birch St

319 William St

2467 NJ-10, Unit 1B

201 Eagle Rock Ave
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.

2889 NJ-10

82 Maple Ave

24 Sunrise Dr

701 Boonton Ave

1515 NJ-10, Unit 328

321 William St
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.
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 | $2,797 | $2,000 | $3,500 |
| Parsippany Troy Hills 3 Bedroom Homes for Rent | $3,923 | $2,700 | $4,700 |
| Parsippany Troy Hills 4 Bedroom Homes for Rent | $4,968 | $3,750 | $8,000 |
| Parsippany Troy Hills 5 Bedroom Homes for Rent | $9,000 | $9,000 | $9,000 |
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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. Knoll Gardens has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,670. 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 |
| Knoll Gardens | $2.29/sq.ft. - One Bedroom Standard w/Balcony | 1BR,1BA | $1,670 |
| Vail Manor - 55+ | $4.64/sq.ft. - V2B2b | 2BR,2BA | $1,715 |
| Parsippany Village | One Bedroom | 1BR,1BA | $1,750 |
| Baldwin Manor | 1 Bedroom with Balcony or Patio | 1BR,1BA | $1,750 |
Best Value Apartments for Rent in Parsippany Troy Hills, NJ
As of September 12, 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 3BR/1.0BA Model at 34 SSX starting at $2,895 with a $1.81 price per square foot in the Downtown Morristown neighborhood. 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 |
| 34 SSX | 3BR/1.0BA | 3BR,1BA | $1.81 |
| Powder Mill Heights | $3.36/sq.ft. - Model P1W/P1E | 1BR,1BA | $2.16 |
| Whippany Village Apartments | A10 | 2BR,2BA | $2.28 |
| Regis on Church Street | 1BR/1.0BA | 1BR,1BA | $2.21 |
| Camelot Gardens | 1 Bedroom | 1BR,1BA | $1.96 |
| Edwards Gardens Apartments | 1 Bedroom Upstairs | 1BR,1BA | $1.89 |
| Lakeview Gardens | $2.22/sq.ft. - One Bedroom | 1BR,1BA | $2.22 |
| Partridge Run Apartments | 1BR - 1BTH Upgraded | 1BR,1BA | $2.41 |
| Knoll Gardens | $2.29/sq.ft. - One Bedroom Deluxe | 1BR,1BA | $1.99 |
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 ArticleNavigating 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 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.
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
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 129 Apartments for Rent in Parsippany Troy Hills, NJ with pricing that ranges from $1,485 to $7,902. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parsippany Troy Hills ranging from $1,850 to $9,000.
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 $1,850 to $9,000 with an average monthly rent of $3,683.
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 $3,500 to $4,973, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,700 to $4,700. Four Bedroom Single-Family rentals are also available starting from $3,750 and Four Bedroom Apartments start at $2,600.
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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.