Cheap Apartments for Rent in Parsippany, NJ from $1,400 (31 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Parsippany.

close
View Me
Vail Manor 55+
1 to 2 Bedroom Apartments

Vail Manor 55+

186 Vail RdParsippany, NJ 07054
Senior Living
Utilities inc.
close
View Me
Redstone Gardens
1 Bedroom Apartments

Redstone Gardens

1 Redstone DrParsippany, NJ 07054
Utilities inc.
close
View Me
2467 NJ-10
$1,7501 Bedroom, 1 Bath RentalsAvailable Now

2467 NJ-10

Morris Plains, NJ 07950
View Details

Parsippany, NJ Local Guide

Cheapest Available Parsippany Apartments for Rent

 

The cheapest available apartment rental in Parsippany, NJ is a 1 Bed unit found at Edwards Gardens Apartments priced from $1,490. Vail Gardens has the second lowest priced unit, which is a Studio apartment currently listed from $1,550. Here is today’s list of the most affordable Parsippany apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Edwards Gardens Apartments1 Bedroom Downstairs1BR,1BA$1,490
Vail GardensStudioStudio,1BA$1,550
Knoll Gardens$2.29/sq.ft. - One Bedroom Standard w/Balcony1BR,1BA$1,670
Baldwin Manor1 bedroom1BR,1BA$1,675
Parsippany VillageOne Bedroom1BR,1BA$1,675
Dartmouth VillageSave $150/mo x 12 - call for details1BR,1BA$1,700
Parsippany GardensStudioStudio,1BA$1,724
Vail Manor 55+$4.74/sq.ft. - V1S1BR,1BA$1,755
Troy Gardens Apartments1BR/1BA1BR,1BA$1,825
Colonial Heights1 BR-Over-sized Living - Eat-in Kitchen1BR,1BA$1,850

Best Value Apartments for Rent in Parsippany, NJ

As of February 23, 2025 the best value apartment in the Parsippany area is the $2.27 price per square foot Townhome B Model at Hanover Mills in the starting from $4,900. The second greatest value Parsippany apartment is the $1.85/sq.ft. - Birch Model at Ridgeview Commons starting at $3,425 with a $1.85 price per square foot . Here is today’s list of the best values for Parsippany apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hanover MillsTownhome B2BR,2.5BA$2.27
Ridgeview Commons$1.85/sq.ft. - Birch2BR,2.5BA$1.85
Powder Mill Heights$3.12/sq.ft. - Model P1W/P1E1BR,1BA$1.93
Knoll Gardens$1.96/sq.ft. - Two Bedroom2BR,1BA$2.14
Rachel Gardens1 Bed 1 Bath1BR,1BA$2.50
Edwards Gardens Apartments1 Bedroom Upstairs1BR,1BA$1.69
Lakeview Gardens$2.12/sq.ft. - One Bedroom1BR,1BA$2.12
Partridge Run Apartments1 Bed 1 Bath | Renovated1BR,1BA$2.35
Baldwin Manor1 bedroom1BR,1BA$2.46
Parsippany VillageOne Bedroom1BR,1BA$2.58

Quick 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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Parsippany, NJ Rentals by Map

View MapParsippany, NJ Apartments MapView MapParsippany, NJ Rental Homes Map

Getting Around Parsippany, NJ

Walk Score®

42 / 100

Car-Dependent

Most errands require a car

Bike Score®

38 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Parsippany Apartments

What is the Cheapest Studio apartment in Parsippany?

Currently the most affordable Cheap Studio Apartment in Parsippany is at Vail Gardens listed at $1,550.

How much is rent for a Cheap One Bedroom Parsippany Apartment?

The lowest price for a Cheap One Bedroom Parsippany Apartment is $1,490 at Edwards Gardens Apartments.

What is the lowest price for a Cheap Two Bedroom Parsippany Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Parsippany is starting from $2,095 at Troy Gardens Apartments.

What is the most affordable Parsippany Three Bedroom Apartment?

The best deal on a cheap Parsippany Three Bedroom Apartment rental is at Modera Montville and starts from $3,575.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.

decorative image for Signing Your Apartment Lease: The Basics article

Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.