What's the average rent in Parsippany, NJ?
Rental Market Trends in Parsippany, NJ
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SOURCE: TRULIA DATA
Rental market highlights
As of August 2026, the average rent in Parsippany, NJ is $2,391 per month, which is 22% higher than the national average rent of $1,965 per month.
AVERAGE RENT
$2,391
-1.4%-$35 decrease month-over-month
-1.6%-$38 decrease year-over-year
AVAILABLE RENTALS
18
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,045 |
| 2 Bedrooms | $2,660 |
| 3 Bedrooms | $3,800 |
| 4 Bedrooms | $4,100 |
| All | $2,391 |
As of August 2026, the average rent for a 1 bedroom rental in Parsippany, NJ is $2,045 per month, followed by $2,660 for a 2 bedroom rental, $3,800 for a 3 bedroom rental, and $4,100 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $2,500 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $2,500 |
As of August 2026, the average rent for a 2 bedroom apartment in Parsippany, NJ is $2,500 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $3,800 |
| 4 Bedrooms | $4,100 |
| All | $3,800 |
As of August 2026, the average rent for a 3 bedroom house in Parsippany, NJ is $3,800 per month, followed by $4,100 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -6% compared to the previous year, which is a $160 decrease.
This year (2026)
Last year (2025)
Rent distribution
36% of rentals have rent of $2,200-$2,999/month
Rental price range
The price range for rentals is $1,749 to $4,000.
