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Apartments in 07054

1 - 4 of 4 Results
23
3D Tour
$1,895 - 2,200
Partridge Run Apartments
130 New Rd Parsippany, NJ
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Dishwasher
27
3D Tour
$1,882 - 3,526
Parsippany Gardens
380-388 Parsippany RD Parsippany, NJ
1 - 2 BR | Available Now
Contact
Virtual Tour
Air Conditioning
Dishwasher
2
$1,850 - 2,495
Dartmouth Village Apartments
270 Baldwin Rd Parsippany, NJ
1 - 2 BR | Available Now
Contact
Cat Friendly
Storage
Disability Access
3
$1,850 - 1,895
Colonial Heights
5.0
300 Parsippany Rd Parsippany, NJ
1 BR | Available Now
Contact
Cat Friendly
Storage
Disability Access
Dishwasher
1 - 4 of 4 Results
  1. Home
  2. New York Area Apartments
  3. Parsippany
  4. 07054

How much does it cost to rent an apartment in 07054?

07054 apartments
Bed Type Average Rent Range
1BR $1,900 $1,850 - $2,310
2BR $3,180 $2,500 - $3,530
Frequently Asked Questions

How many apartments are available in 07054 on Rentable.co?

Rentable.co has 4 apartments available for rent in 07054.

What is the average rent for an apartment in 07054?

The average rent for an apartment in 07054 is around $2,020 per month.

What is the average rent for a one-bedroom apartment in 07054?

The average rent for a one-bedroom apartment in 07054 is around $1,895 per month.

What is the average rent for a two-bedroom apartment in 07054?

The average rent for a two-bedroom apartment in 07054 is around $3,175 per month.

Find an Apartment in 07054
Looking for apartments for rent in 07054 Parsippany, NJ? Rentable currently has a number of rental units available in this zip code. The average rent in 07054 is $2,020, and you can find 24 units listed on Rentable.

If you're looking for a specific floor plan type, the minimum rent for that type is $1,850. With a variety of options available, you'll be able to find the perfect apartment to suit your needs.

Parsippany, NJ offers a great location for residents, with easy access to nearby points of interest and amenities. There are several parks in the area, providing opportunities for outdoor recreation and relaxation. Additionally, you'll find a range of community amenities close by, such as shopping centers, restaurants, and entertainment venues.

To find your next rental in the 07054 area, browse Rentable's selection of apartments near 07054 and discover the perfect place for you.

Parsippany:
April Rent Report

Welcome to the April 2025 Parsippany Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 2025 key findings and figures for the Parsippany rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Parsippany and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Parsippany average rent prices in the chart below.

Monthly Rent Report

$2,800
$2,100
$1,400
$700
$0
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
Feb. 2025
Mar. 2025
Apr. 2025
1 BR       2 BR

Parsippany Rent Prices Decrease From March to April

Parsippany rent prices decreased over the last month. From March to April, the city experienced a -0.63% decrease for the price of a one-bedroom apartment. The rent price for a Parsippany one-bedroom apartments currently stands at $1,883.0.

When we take a look at the two-bedroom comparison from March to April, Parsippany experienced a 0.46% increase for the price of a two-bedroom apartment. The rent price for a Parsippany two-bedroom apartments currently stands at $2,615.0.

April Prices: Parsippany vs. Surrounding Areas

Rent Prices in Parsippany and Surrounding Areas

Rent prices have decreased in Parsippany over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Parsippany suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Parsippany suburbs

  • Rents did not decrease in any of the Parsippany suburbs.

April 2025 Pricing Trends: Parsippany vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,079
$3,149
$2,365
$2,334
$1,894
$1,284
$1,245
$1,207
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Parsippany Rent Prices More Affordable Than Major Cities

Rent growth in Parsippany over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Parsippany average rent prices appear to be relatively affordable for local residents.

The price for a Parsippany one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Parsippany and surrounding area rent prices, take a look at the complete data set below.

Data set for Parsippany and suburbs

1 BR April 1 BR M/M % Change 2 BR April 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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