Average Rent in Parsippany-Troy Hills, NJ and Rent Price Trends

Rent price summary for
Parsippany-Troy Hills, NJ

As of September 2025, the median rent for all bedroom counts and property types in Parsippany-Troy Hills, NJ is $2,914. This is +48% higher than the national average.

$7.77

average price per square foot

Median rent

$2,914

11%

over the previous yearvs previous year

Total rentals

11

for rent on Zumper.com

As of September 2025, the median rent for all bedroom counts and property types in Parsippany-Troy Hills, NJ is $2,914. This is +48% higher than the national average.

$7.77

average price per square foot

Rent ranges

50%

$1,501-$3,000$1,501 - $3,000

$3,001-$4,500$3,001 - $4,500

Households

At this time, we don't have information to generate a distribution. Please check back soon.

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Parsippany-Troy Hills, NJ, in the last 30 days, rent estimates may not represent the actual market.

Rent comparables in
Parsippany-Troy Hills, NJ
The monthly rent for an apartment in Parsippany-Troy Hills, NJ is $2,800. A 1-bedroom apartment in Parsippany-Troy Hills, NJ costs about $2,300 on average, while a 2-bedroom apartment is $2,900. Houses for rent in Parsippany-Troy Hills, NJ are more expensive, with an average monthly cost of $4,000.


1 bedroom	$2,914	No Change	55%
2 bedroom	$3,150	No Change	-
3 bedroom	$4,650	2%	19%
4 bedroom	$5,500	-	-
Studio	$1,595	-	-


Apartments	$2,800	No Change	No Change
Condos	$2,875	1%	No Change
Houses	$4,000	50%	No Change

Studio

Average rent

$1,595

1 bedroom

Average rent

$2,914

Last year

55%

2 bedroom

Average rent

$3,150

3 bedroom

Average rent

$4,650

Last 30 days

Last year

19%

4 bedroom

Average rent

$5,500

The table above reflects average rent prices in Parsippany-Troy Hills, NJ, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Parsippany Troy Hills, NJ to other cities

Median rent prices in Parsippany Troy Hills, NJ for all bedroom counts and property types compared to Bernardsville, NJ.

Parsippany Troy Hills

Median rent price$2,914

48%

higher than the national median

Median rent price$3,055

55%

higher than the national median

Takeaway

The median rent for all rentals in Parsippany Troy Hills, NJ is 5% lower than the median rent in Bernardsville, NJ.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.