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Studio Apartments for Rent in Parsippany, NJ

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  • 2-3 Campus Dr, Parsippany, NJ 07054
    2-3 Campus Dr, Parsippany, NJ 07054
    2-3 Campus Dr, Parsippany, NJ 07054
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    Starting at $2,330 Per Month

    • Studio - 2 Beds

    2-3 Campus Dr, Parsippany, NJ 07054

    We believe that elevating where you live is all about blending it seamlessly with how you live. We go to great lengths designing amenities and choosing locations that put everything within reach. Where you live, is where you come alive. Located in Morris County, our Avalon Parsippany community offers brand new apartments for lease. Our studio, one-, and two-bedroom apartments are thoughtfully

    Avalon Parsippany

    (973) 576-5627

    2-3 Campus Dr, Parsippany, NJ 07054
  • 1515 Nj-10, Parsippany, NJ 07054
    1515 Nj-10, Parsippany, NJ 07054
    1515 Nj-10, Parsippany, NJ 07054
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    Starting at $2,452 Per Month

    • Studio - 2 Beds

    1515 Nj-10, Parsippany, NJ 07054

    Discover upscale living at District 1515, situated in Parsippany; an exciting town center enclave of brand-new luxury rentals just off Route 10, within easy reach of downtown Morristown. Revel in a full suite of exclusive resident amenities that enhance your daily life, while being surrounded by an array of shops, restaurants, and retail conveniences in this vibrant and transit-friendly

    The District at 15Fifteen

    (862) 660-7410

    1515 Nj-10, Parsippany, NJ 07054
  • 500 Park Rd, Parsippany, NJ 07054
    500 Park Rd, Parsippany, NJ 07054
    500 Park Rd, Parsippany, NJ 07054
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    Starting at $2,423

    Total Monthly Price

    • Studio - 3 Beds

    500 Park Rd, Parsippany, NJ 07054

    Welcome to 500 Parq, the pinnacle of luxury living within Parq Life Reimagined - a new community that redefines understated luxury in Morris County. Our six-story architectural design seamlessly combines contemporary elegance and urban convenience, captivating your senses from the moment you arrive. Immerse yourself in a world where boundaries fade and engagement thrives. 500 PARQ is more than

    500 Parq

    (551) 214-2506

    500 Park Rd, Parsippany, NJ 07054
  • 380 Parsippany Rd, Parsippany, NJ 07054
    380 Parsippany Rd, Parsippany, NJ 07054
    380 Parsippany Rd, Parsippany, NJ 07054
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    Starting at $1,474 Per Month

    • Studio - 2 Beds

    380 Parsippany Rd, Parsippany, NJ 07054

    As you may know, you have made a terrific choice in Parsippany Gardens. This premier community, situated in “One of the best places to live in America” (NUMBER 5 this year) as voted by Money Magazine on multiple occasions! Parsippany Gardens boasts stunningly landscaped lawns and gardens, lovely, spacious, studios, one or two-bedroom apartments (subject to availability), many of which feature

    Parsippany Gardens

    (862) 325-9798

    380 Parsippany Rd, Parsippany, NJ 07054
  • 100 Vail Rd, Parsippany, NJ 07054
    100 Vail Rd, Parsippany, NJ 07054
    100 Vail Rd, Parsippany, NJ 07054
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    Starting at $1,650 Per Month

    • Studio - 2 Beds

    100 Vail Rd, Parsippany, NJ 07054

    Welcome to Vail Gardens, our classic garden apartment community offering affordability and convenience in a centrally located Parsippany, New Jersey setting. We have studio, one and two bedroom apartments available and are situated right off of Route 46 to provide easy access to all other major roadways. Our property features a peaceful environment with proximity to shopping, restaurants, and

    Vail Gardens

    (862) 292-4689

    100 Vail Rd, Parsippany, NJ 07054
New Jersey Morris County Parsippany

Studio Homes for Rent in Parsippany, NJ

Why Live in Parsippany

Parsippany, NJ, is a modern retail hub with deep historical roots, home to over 50,000 residents and spanning 25 square miles. The area features a designated historic district in Mount Tabor, showcasing late 19th-century Victorian homes, while the Parsippany Presbyterian Church dates back to 1828. Housing options range from midcentury Cape Cods, ranches, and split-levels to contemporary townhouses and single-owner homes with bold colors and stone accents. The highly rated schools, including Lake Parsippany Elementary, Brooklawn Middle, and Parsippany Hills High, attract families to the area. Parsippany Hills High offers a unique internship program for seniors. For things to do, Parsippany boasts over 30 parks, including Veterans Memorial Park with its athletic facilities and walking paths, and Lake Parsippany, where residents enjoy beaches and non-motorized boating. Golf enthusiasts can visit Knoll Country Club or Mount Tabor Country Club. The Stickley Museum at Craftsman Farms offers tours of its historic house and grounds. Shopping and dining options are plentiful, with big-box retailers like Target and Whole Foods, and locally owned restaurants such as Tandoori Flames and Grato. Commuting to NYC is facilitated by Route 46 and Interstate 80, with train stations in Denville and Morris Plains, and bus services from Beverwyck Park and Ride and Lakeland Bus Lines. Parsippany has a low crime risk compared to the national average, making it a safe place for residents to explore.

Learn more about living in Parsippany

Frequently Asked Questions

How much does it cost to rent a home in Parsippany, NJ?
The median rent for a home in Parsippany, NJ is $3,920 per month, though prices vary by neighborhood, size, and property type. As of May 2026, single-family homes tend to be the most affordable option.
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 $156,800 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 $3,920 per month in Parsippany, NJ, renters typically need to show $11,760 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 15.6, 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.

Rental Home Trends in Parsippany, NJ

There are currently 5 homes available for rent in Parsippany, NJ. The median rent is $3,920 per month, with single-family homes renting at $3,920.

Rental Home Trends

Number of Homes for Rent
5
Median Rent
$3,920
Median Single Family Home Rent
$3,920
How to Rent a Home

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