Parsippany, NJ Condos for Rent

/7
$1,750 Per Month
- 1 Bed
- 1 Bath
- Condo for Rent
17 Lincoln Gardens, Lake Hiawatha, NJ 07034

Quiet, Bright and Sunny unit at 2/F. Wood Floor in Living Room. Large Bedroom with sizable walk-in closet. Parking on shared parking lot and Laundry on-site. Close to Transit, downtown, shopping and restaurants. Easy access to Hwy 46, 80 and 287. No Pets and No Smokers. Tenant screening through NTN application & Employment verification. Tenant pay first $100 for each repair, Tenant insurance is

VENUS TZE WONG WEICHERT REALTORS

17 Lincoln Gardens, Lake Hiawatha, NJ 07034
Explore Parsippany
/22
$3,750 Per Month
- 2 Beds
- 2.5 Baths
- Condo for Rent
7 Newcastle Ct, Mountain Lakes, NJ 07046

This bright, open 2-bedroom, 2 1/2 bath townhome in Pine Edge offers all the benefits of the Mountain Lakes lifestyle without the maintenance or taxes! You'll appreciate the gleaming hardwood floors throughout, neutral paint palette, and high ceilings. The main floor features an inviting open floor plan. The spacious living room offers sliders to a sunny balcony at one end, and a two-sided

ANDREW SYLVESTER COLDWELL BANKER REALTY

7 Newcastle Ct, Mountain Lakes, NJ 07046

New Jersey Morris County

Frequently Asked Questions

How much does it cost to rent a condo in Parsippany, NJ?

The median rent for a condo in Parsippany, NJ is $4,000 per month, though prices vary by neighborhood, size, and property type. As of July 2026, townhouses tend to be the most affordable option while single-family homes are currently more expensive.

How much do you need to make to afford rent in Parsippany, NJ?

To comfortably afford the median rent in Parsippany, NJ, a household needs to earn roughly $160,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $4,000 per month in Parsippany, NJ, renters typically need to show $12,000 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.

Is it more affordable to rent or buy in Parsippany, NJ?

In Parsippany, NJ, the price-to-rent ratio is 15.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

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