Cheap Apartments for Rent in Parsippany, NJ

36 rentals

Apartments For Rent Near Parsippany, NJ

We found 30 more apartments matching your filters just outside Parsippany

Average Rent Trends in Parsippany, NJ

Rent in Parsippany, NJ varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Nov 2026 compared to the previous month. Rent previously peaked in Dec 2025.
MonthAverage rent
Dec 2025$2,500
Jan 2026$2,367
Feb 2026$2,320
Mar 2026$2,249
Apr 2026$2,192
May 2026$2,187
Jun 2026$2,235
Jul 2026$2,509
Aug 2026$2,303
Sep 2026$2,500
Oct 2026$2,277
Nov 2026$2,236
View as a graph

Average Rent By Bedroom and Home Type

In November 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,990$2,590$3,700—$2,277
Townhomes——$3,700—$3,700
Apartments and Condos$975———$975
Houses——$4,200—$4,200
See more information about local market trends in Parsippany, NJ

Frequently Asked Questions about Rentals in Parsippany, NJ

  • What is the average rent of an apartment in Parsippany, NJ?
    The average rent of an apartment in Parsippany, NJ is $1,774 per month. This is about 8% lower than the national average.
  • What are the cheapest months to find an apartment to rent in Parsippany, NJ?
    Last year, the cheapest month to find an apartment to rent was Apr 2025 when it was $2,147 per month.
  • How many cheap apartments are available in Parsippany, NJ?
    There are 18 apartments to rent that are cheaper than the city’s average rent of $2,277.
  • When is the average rent most expensive in Parsippany, NJ?
    In the last year, the average rent in Parsippany, NJ was highest in Dec 2025 when it was $2,500 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Parsippany, NJ?
    The average rent of a 1 bedroom apartment in Parsippany, NJ is $1,990 per month. That is about $210 less than the cost of a studio apartment.
  • What are some neighborhoods in Parsippany, NJ?
    Some neighborhoods in Parsippany, NJ include: Lake Parsippany.
  • What are some zip codes in Parsippany, NJ?
    Parsippany, NJ includes zip codes such as: 07054.
  • What are some cities near Parsippany, NJ?
    Some nearby cities include: Lake Hiawatha, Whippany, Mountain Lakes, Pine Brook, East Hanover Township. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en Parsippany, NJ - 404 Rentas | Trulia
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