Looking For Affordable Housing? Parsippany Is Accepting Applications

PARSIPPANY, NJ — A new opportunity for renters to combat the ongoing inflation crisis has arrived in Parsippany.

Parsippany officials have announced that the lottery for affordable rentals at three separate housing complexes is now open, and applications from qualified individuals are being accepted.

The following housing complexes are open for the lottery selection:

• The Lawrence – 169 Johnson Road, Parsippany
• The Lexica Parsippany – 11-21 Upper Pond Road, Parsippany
• Avalon Parsippany – 3 Campus Drive, Parsippany

Officials say all interested residents must submit a preliminary application at www.AffordableHomesNewJersey.com and join the Parsippany rental waiting list by July 17 to be entered into the random lottery drawing, which will determine priority order.

If you do not have an email address, you are asked to call 609-664-2769 ext. 5 for assistance.

Here is the breakdown for each location:

The Lawrence

Eighteen new affordable apartments are expected to be ready for occupancy in Fall 2025. Each unit includes amenities such as central air conditioning, a dishwasher, and a washer and dryer.

The complex offers several community amenities, including a conference room, dog park, fitness center, pet spa, resident lounge, and work-from-home pods. Pets are allowed, with applicable fees and restrictions, officials said.

Rent guidelines for The Lawrence outline maximum allowable rents and income limits for affordable housing in the area, based on household size and income category—Very Low, Low, and Moderate.

Monthly Rent by Unit Size and Income Level

One-bedroom units:

• Very Low: $516
• Low: $1,023
• Moderate: $1,277

Two-bedroom units:

• Very Low: $615
• Low: $1,224
• Moderate: $1,528

Three-bedroom units:

• Very Low: $698
• Low: $1,401
• Moderate: $1,753

To qualify for affordable housing, applicants must have household incomes at or below the limits listed for their household size and category. The rent amounts vary based on income qualification and the number of bedrooms in the unit.

For example, a two-person household could qualify with a very low income of $32,490, a low income of $54,150, or a moderate income of $86,640. A four-person household could qualify with a very low income of $40,590, a low income of $67,650, or a moderate income of $108,240.

To see the full list, click here.

The Lexica Parsippany

Sixty-five new affordable apartments are expected to be ready for occupancy in Summer 2025. Each unit includes central air conditioning, a dishwasher, and a washer and dryer.

The complex offers a variety of amenities, including a BBQ area, courtyard, co-working space, fire pit lounge, fitness center, game room, on-site laundry, playroom, pool, and private dining room. Pets are allowed, though some restrictions may apply, officials said.

Monthly Rent by Unit Size and Income Level

One-bedroom units:

• Moderate: $1,168
• Low: $925
• Very Low: $440

Two-bedroom units:

• Moderate: $1,399
• Low: $1,108
• Very Low: $526

Three-bedroom units:

• Very Low: $594
• Low: $1,267
• Moderate: $1,604

To qualify for affordable housing, applicants must have a household income at or below the maximum limit for their household size and income category. Rent levels are based on these income limits and vary according to the number of bedrooms.

For example, a two-person household can qualify with a maximum gross income of $32,490 (very low), $54,150 (low), or $86,640 (moderate). A four-person household’s limits are $40,590 (very low), $67,650 (low), and $108,240 (moderate).

To see the full list, click here.

Avalon Parsippany

Fifty-one new affordable apartments are expected to be ready for occupancy in Summer 2025. Unit amenities include central air conditioning, dishwasher, washer, and dryer. Complex amenities feature a BBQ area, courtyard, fire pit lounge, fitness center, resident lounge, pet spa, and pool.

Pets are allowed, with some restrictions and fees, officials said.

Monthly Rent by Unit Size and Income Level

Studio Apartments

• Very Low Income: $471
• Low Income: $933
• Moderate Income: $1,182

Two-Bedroom Apartments

• Very Low Income: $566
• Low Income: $1,159
• Moderate Income: $1,479

Three-Bedroom Apartments

• Very Low Income: $641
• Low Income: $1,327
• Moderate Income: $1,696

If studio apartments are reclassified as one-bedrooms, rent amounts will be adjusted based on affordable housing guidelines, officials said.

To qualify for affordable housing, applicants’ household income must fall at or below the maximum limit for their household size and income category. Rent prices are determined by these income limits and vary based on the number of bedrooms.

For a two-person household, the maximum gross income limits are $32,490 for very low income, $54,150 for low income, and $86,640 for moderate income. For a four-person household, the limits are $40,590 for very low income, $67,650 for low income, and $108,240 for moderate income.

To see the full list, click here.

Everyone is encouraged to apply, but those who reside in or work in Essex, Morris, Union, or Warren counties will receive preference, officials said.