Bedroom count
Property type
Last updated on October 29, 2026
Average rent in
Parsippany-Troy Hills, NJ
Average rent in
Last updated on October 29, 2026
Bedroom count
Property type
Median rent
Median rent in Parsippany Troy Hills
$2,910/mo
53%vs previous year
The average rent in Parsippany Troy Hills is $2,910 per month as of October 2026. This is 53% above the national average rent, or $1,010 more per month.
average price per square foot
Total rentals
Available rentals in Parsippany Troy Hills
10
for rent on Zumper.com as of October 2026
Rent price distribution
Share of Parsippany Troy Hills rentals at each price point
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 increased by 9% over the last month and have increased by 53% since last year.
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 $3,030, whereas a house costs $3,775. 1-bedroom apartments in Parsippany Troy Hills run $2,913 on average, while 2-bedroom apartments are $3,450.
Listings | ||||
|---|---|---|---|---|
Studio | $2,495 | - |  12% | |
1 bedroom | $2,516 | 9% | 32% | |
2 bedroom | $3,380 | - | - | |
3 bedroom | $3,800 | No Change | - | |
4 bedroom | $4,000 | - | - |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Parsippany-Troy Hills, NJ.
Listings | ||||
|---|---|---|---|---|
Apartments | $3,030 | 9% | 8% | |
Condos | $2,420 | 16% | 27% | |
Houses | $3,775 | No Change | - |
Studio
Average rent
$2,495
Last year
12%
1 bedroom
Average rent
$2,516
Last 30 days
9%
Last year
32%
2 bedroom
Average rent
$3,380
3 bedroom
Average rent
$3,800
4 bedroom
Average rent
$4,000
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Parsippany-Troy Hills, NJ.
Apartments
Average rent
$3,030
Last 30 days
9%
Last year
8%
Condos
Average rent
$2,420
Last 30 days
16%
Last year
27%
Houses
Average rent
$3,775
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
53%higher than the national median
45%higher than the national median
Takeaway
The median rent for all rentals in Parsippany Troy Hills, NJ is 6% higher than the median rent in Bernardsville, NJ.
Average rent in nearby cities
Explore rent trends in neighboring markets
$2,750
8%$2,220
3%$3,592
4%$2,700
7%$4,375
3%$3,125
4%$2,694
4%$2,372
5%$2,945
6%$3,075
1%$3,130
8%$3,120
11%Discover rentals in Parsippany-Troy Hills, NJ
1h ago
Verified
1515 Route 10 Parsippany NJ 07054, Parsippany Troy Hills, NJ 07054
1 bed
1 bath
$3,010–$3,620
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.Apartment for rent
5d+ ago
Condo for rent in Parsippany Troy Hills
2889 Harry Judy Drive #1209, Parsippany Troy Hills, NJ 07950
1 bed
1 bath
$2,190
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Condo for rent
5d+ ago
Apartment for rent in Parsippany Troy Hills
2467 State Route Bldg 26-7B #7B, Parsippany Troy Hills, NJ 07950
1 bed
1 bath
$1,875
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
1h ago
Verified
1515 Route 10 Parsippany NJ 07054, Parsippany Troy Hills, NJ 07054
1 bed
1 bath
$3,010–$3,620
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.Apartment for rent
1h ago
Verified
1515 Route 10 Parsippany NJ 07054, Parsippany Troy Hills, NJ 07054
1 bed
1 bath
$3,010–$3,620
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.Apartment for rent
5d+ ago
Apartment for rent in Parsippany Troy Hills
2467 State Route Bldg 26-7B #7B, Parsippany Troy Hills, NJ 07950
1 bed
1 bath
$1,875
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
5d+ ago
Condo for rent in Parsippany Troy Hills
2889 Harry Judy Drive #1209, Parsippany Troy Hills, NJ 07950
1 bed
1 bath
$2,190
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Condo for rent
1h ago
Verified
1515 Route 10 Parsippany NJ 07054, Parsippany Troy Hills, NJ 07054
1 bed
1 bath
$3,010–$3,620
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.Apartment for rent
Stay up to date with rental market insights
Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.
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 October 24, 2026.
Is rent up or down in Parsippany Troy Hills?
Average rent prices in Parsippany Troy Hills have increased by 9% over the last month and have increased by 53% since last year.
How does Parsippany Troy Hills rent compare to the national average?
Rent in Parsippany Troy Hills is 53% above the national average, which means renters are paying approximately $1,010 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).