
Cheap Apartments for Rent in the Peterstown Neighborhood of Elizabeth, NJ from $1,000 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Peterstown area of Elizabeth.


208 5th St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

960-962 Grove St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Peterstown, Elizabeth, NJ Local Guide

How much does it cost to rent an apartment in Peterstown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Peterstown Studio Apartments | $1,851 | $1,100 | $2,148 |
| Peterstown 1 Bedroom Apartments | $2,465 | $1,092 | $3,293 |
| Peterstown 2 Bedroom Apartments | $2,662 | $1,700 | $4,188 |
| Peterstown 3 Bedroom Apartments | $2,561 | $1,750 | $3,200 |
| Peterstown 4 Bedroom Apartments | $2,459 | $2,195 | $2,600 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 1 mile radius of the Peterstown Neighborhood of Elizabeth, NJ.
See all Apartments in ElizabethExplore Elizabeth
Peterstown, Elizabeth, NJ Local Guide
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Cheapest Available Peterstown Apartments for Rent
 The cheapest available apartment rental in the Peterstown area of Elizabeth, NJ is a 2 Beds unit found at 960-962 Grove St priced from $1,700. 101 Broadway has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,759. Here are the most affordable Peterstown apartments for rent in Elizabeth, NJ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 960-962 Grove St | 2 Bed 1 Bath | 2BR,1BA | $1,700 |
| 101 Broadway | 3 Bedrooms 1 Bathroom | 3BR,1BA | $1,759 |
| The James | One Bedroom | 1BR,1BA | $1,875 |
Best Value Apartments for Rent in Peterstown, NJ
As of November 24, 2025 the best value apartment in the Peterstown area is the $0.95 price per square foot 632 Norwood Ter Model at 632 Norwood Ter, Unit 2 in the in the Peterstown neighborhood starting from $2,600. The second greatest value Peterstown apartment is the 159 Court St Model at 159 Court St, Unit 2FL starting at $2,700 with a $2.08 price per square foot in the Elizabeth Port neighborhood. Here is today’s list of the best values for Peterstown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 632 Norwood Ter, Unit 2 | 632 Norwood Ter | 3BR,2BA | $0.95 |
| 159 Court St, Unit 2FL | 159 Court St | 3BR,2BA | $2.08 |
| 213 Broad St | 2A | 2BR,1BA | $2.09 |
| Chilton Hall Apartments | Chilton Hall Apartments | 2BR,1BA | $2.69 |
| Luxury Rental With Private Parking | 1BR/1.0BA | 1BR,1BA | $2.74 |
| 960-962 Grove St | 2 Bed 1 Bath | 2BR,1BA | $2.27 |
| Chilton Towers | One Bedroom One Bath | 1BR,1BA | $2.77 |
| 439 Marshall St, Unit 2 | 439 Marshall St | 2BR,1BA | $2.43 |
| The James | One Bedroom | 1BR,1BA | $2.75 |
| 1144 E Grand St, Unit 300 | 1144 E Grand St | Studio ,1BA | $2.25 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestylePeterstown, Elizabeth, NJ
Ranked #4
Among cities in New Jersey for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Peterstown, Elizabeth, NJ
Terence C. Reilly School #7
School data provided by Great Schools
Frequently Asked Questions about Cheap Peterstown Apartments
What is the Cheapest Studio apartment in Peterstown?
Currently the most affordable Cheap Studio Apartment in Peterstown is at Jersey Walk listed at $2,000.
How much is rent for a Cheap One Bedroom Peterstown Apartment?
The lowest price for a Cheap One Bedroom Peterstown Apartment is $1,875 at The James.
What is the lowest price for a Cheap Two Bedroom Peterstown Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Peterstown is starting from $1,700 at 960-962 Grove St.
What is the most affordable Peterstown Three Bedroom Apartment?
The best deal on a cheap Peterstown Three Bedroom Apartment rental is at 101 Broadway and starts from $1,759.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.






