Last updated on June 14, 2026

Average rent in
Parsippany-Troy Hills, NJ

Median rent

Median rent in Parsippany Troy Hills

$2,910/mo

The average rent in Parsippany Troy Hills is $2,910 per month as of June 2026. This is 49% above the national average rent, or $960 more per month.

$3.04

average price per square foot

Total rentals

Available rentals in Parsippany Troy Hills

11

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Parsippany Troy Hills rentals at each price point

65%49%33%16%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

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 trends in Parsippany-Troy Hills, NJ

Average rent prices in Parsippany Troy Hills have remained the same over the last month.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Parsippany-Troy Hills, NJ

Rent prices in Parsippany Troy Hills vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Parsippany Troy Hills is $2,810, whereas a house costs $3,950. 1-bedroom apartments in Parsippany Troy Hills run $1,850 on average, while 2-bedroom apartments are $3,996.

Listings

Studio

$1,900

-

-

1 bedroom

$2,650

No Change

-

2 bedroom

$3,595

-

-

3 bedroom

$3,900

2%

-

4 bedroom

$4,900

-

-

Studio

Average rent

$1,900

1 bedroom

Average rent

$2,650

Last 30 days

No Change

2 bedroom

Average rent

$3,595

3 bedroom

Average rent

$3,900

Last 30 days

2%

4 bedroom

Average rent

$4,900

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.

How does rent in Parsippany Troy Hills, NJ compare to other cities?

Compare median rent prices in Parsippany Troy Hills and Bernardsville by all bedroom counts and property types.

Parsippany Troy Hills

Median rent price$2,910
increased by49%

higher than the national median

Median rent price$2,650
increased by36%

higher than the national median

Takeaway

The median rent for all rentals in Parsippany Troy Hills, NJ is 10% higher than the median rent in Bernardsville, NJ.

Discover rentals in Parsippany-Troy Hills, NJ

2467 State Route 10 13-1A - Photo 1 of 1

5d+ ago

Condo for rent in Parsippany Troy Hills

One Floor Unit - Parsippany-Troy Hills Twp., NJ

2467 State Route 10 13-1A, Parsippany Troy Hills, NJ 07950

1 bed

1 bath

$1,895

Condo for rent

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Frequently asked questions for Parsippany-Troy Hills, NJ

Quick answers to common questions about the Parsippany Troy Hills rental market.

How much is rent in Parsippany Troy Hills?

The average rent in Parsippany Troy Hills is $2,910 per month as of June 13, 2026.

Is rent up or down in Parsippany Troy Hills?

Average rent prices in Parsippany Troy Hills have remained the same over the last month.

How does Parsippany Troy Hills rent compare to the national average?

Rent in Parsippany Troy Hills is 49% above the national average, which means renters are paying approximately $960 more per month.

What salary do I need to afford rent in Parsippany Troy Hills?

To comfortably afford rent in Parsippany Troy Hills, you'd need to earn approximately $116,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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