Parsippany, NJ rental market
Last updated August 8, 2025
Rental market summary
The average rent for all bedrooms and all property types in Parsippany, NJ is $2,420.
$2,420
+$91
+$342
18
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $1,800 to $4,350.
Rent price | Number of rental properties |
---|---|
$1,900 | 2 |
$2,100 | 3 |
$2,300 | 3 |
$2,400 | 1 |
$2,500 | 1 |
$2,700 | 2 |
$2,800 | 1 |
$2,900 | 1 |
$3,100 | 1 |
$3,400 | 1 |
$3,900 | 1 |
$4,000 | 2 |
$4,100 | 1 |
$4,400+ | 1 |
Average rent price over time
In the last year, rent has increased by $342 compared to the previous year.
Last year (2024) | This year (2025) | |
---|---|---|
Jan | $2,165 | $2,285 |
Feb | $1,972 | $2,218 |
Mar | $1,985 | $2,193 |
Apr | $1,942 | $2,147 |
May | $2,015 | $2,186 |
Jun | $2,108 | $2,301 |
Jul | $2,087 | $2,248 |
Aug | $2,066 | $2,463 |
Sep | $2,298 | No data |
Oct | $2,300 | No data |
Nov | $2,286 | No data |
Dec | $2,298 | No data |
Market temperature
The Parsippany, NJ rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Parsippany, NJ is 15% higher than the national average.
$2,420
$2,100
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Frequently asked questions
1. What is the average rent in Parsippany, NJ?
The average rent in Parsippany, NJ is $2,420.
2. How much does it cost to rent a house in Parsippany, NJ?
Houses in Parsippany, NJ rent between $1,800 - $4,350 with an average rent of $2,420.
3. How has the rent in Parsippany, NJ changed in the last year?
In the last year, the rent in Parsippany, NJ increased by $342
4. How much has the rent in Parsippany, NJ increased/decreased in the last month?
In the last month, the rent in Parsippany, NJ increased by $91
5. How many available rentals are there in Parsippany, NJ?
There are currently 18 rentals available in Parsippany, NJ.
6. How do rent prices in Parsippany, NJ compare with the national average?
The average rent in Parsippany, NJ is $2,420 — 15.24% higher the national average of $2,100.