Cheap Apartments for Rent in Parsippany, NJ

28 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 stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Dec 2025.
MonthAverage rent
Jun 2025$2,301
Jul 2025$2,248
Aug 2025$2,463
Sep 2025$2,375
Oct 2025$2,409
Nov 2025$2,390
Dec 2025$2,500
Jan 2026$2,367
Feb 2026$2,323
Mar 2026$2,252
Apr 2026$2,203
May 2026$2,187
View as a graph

Average Rent By Bedroom and Home Type

In May 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$1,950$2,785$3,975$4,250$2,217
Townhomes——$3,975—$3,975
Apartments and Condos$925$2,395——$925
Houses———$4,250$4,250
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 $2,096 per month. This is about 9% higher than the national average.
  • What is the average rent of a house in Parsippany, NJ?
    The average rent of a house in Parsippany, NJ is $4,250 per month. This is about 120% higher than the national average.
  • What is the average rent of a townhome in Parsippany, NJ?
    The average rent of a townhome in Parsippany, NJ is $3,975 per month. This is about 106% higher than the national average.
  • When is the average rent cheapest in Parsippany, NJ?
    In the last year, the average rent in Parsippany, NJ was lowest in Apr 2025 when it was $2,147 per month.
  • 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 $1,950 per month. That is about $338 less than the cost of a studio apartment.
  • How many available rental listings are in Parsippany, NJ?
    There are 18 available rental listings in Parsippany, NJ.
  • 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.
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