Cheap Apartments for Rent in the Peterstown Neighborhood of Elizabeth, NJ from $800 (57 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Peterstown area of Elizabeth.

property at 600 Fulton St

$1,344 - $2,500

2 To 3 Bedroom Rentals

Available Now

600 Fulton St

ElizabethNJ07206
close
View Me
312 S Spring St
$1,370 - $1,750
Total Monthly Price

Total Monthly Price

Base Rent
$1,370 - $1,750
Total Monthly Price
$1,370 - $1,750
Studio to 1 Bedroom Apartment Available Now

312 S Spring St

312 S Spring StElizabeth, NJ 07201
Affordability
  • Smoke Free

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article

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.

Read Article
property at 334 Pine St

$2,000 - $2,350

2 To 3 Bedroom Rentals

Available Now

334 Pine St

ElizabethNJ07206

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.

Read Article
property at 537 S Park St

$2,400

4 Bedroom Rentals

Available Now

537 S Park St

ElizabethNJ07206
close
View Me
Lidgerwood Manor
1 to 2 Bedroom Apartments

Lidgerwood Manor

514 Lidgerwood AveElizabeth, NJ 07202
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Read Article
close
View Me
112 Westfield Ave
Studio to 1 Bedroom Apartments

112 Westfield Ave

112-118 Westfield AveElizabeth, NJ 07208
  • Utilities Included
close
View Me
Rosehill Apartments
1 to 2 Bedroom Apartments

Rosehill Apartments

433 Lidgerwood AveElizabeth, NJ 07202
  • Utilities Included
property at 70 W Grand St

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550
Total Monthly Price
$1,550

Studio, 1 Bath Home for Rent

Available Now

70 W Grand St

ElizabethNJ07202
close
View Me
Harwood Homes
1 to 2 Bedroom Apartments

Harwood Homes

135 W Jersey StElizabeth, NJ 07202
  • Utilities Included
close
View Me
960-962 Grove St
1 to 2 Bedroom Apartments

960-962 Grove St

960-962 Grove StElizabeth, NJ 07202
  • Utilities Included
close
View Me
167-169 Smith St
2 Bedroom Apartments

167-169 Smith St

167-169 Smith StElizabeth, NJ 07201
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
Showing Results 1-50, Page 1 of 2

Peterstown, Elizabeth, NJ Local Guide

Cheapest Available Peterstown Apartments for Rent

 

The cheapest available apartment rental in the Peterstown area of Elizabeth, NJ is a 1 Bed unit found at Harwood Homes priced from $1,295. Chilton Hall Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,895. Here are the most affordable Peterstown apartments for rent in Elizabeth, NJ:

Apartment ListingModel NameBed/BathPriced From
Harwood Homes$2.40/sq.ft. - One Bedroom1BR,1BA$1,295
Chilton Hall ApartmentsChilton Hall - 1 BR Apt1BR,1BA$1,895
Jersey WalkStudioStudio,1BA$2,000
VintyA11BR,1BA$2,060

Best Value Apartments for Rent in Peterstown, NJ

As of April 10, 2026 the best value apartment in the Peterstown area is the $0.27 price per square foot 95 Murray St Model at 95 Murray St, Unit 216 in the in the Downtown Elizabeth neighborhood starting from $2,700. The second greatest value Peterstown apartment is the 2BR/2.0BA Model at Centurion Elizabeth starting at $2,950 with a $2.33 price per square foot in the Peterstown neighborhood. Here is today’s list of the best values for Peterstown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
95 Murray St, Unit 21695 Murray St2BR,2BA$0.27
Centurion Elizabeth2BR/2.0BA2BR,2BA$2.33
241 Franklin St241 Franklin St3BR,2BA$2.38
The Metropolitan2BR/2.0BA2BR,2BA$2.62
The James2 Beds, 2 baths2BR,2BA$2.48
410 Franklin St, Unit 2410 Franklin St2BR,1BA$1.98
215 S 7th St, Unit 2215 S 7th St2BR,1BA$2.30
738 Edgar Rd, Unit 2738 Edgar Rd2BR,1BA$2.59
Chilton Hall ApartmentsChilton Hall - 1 BR Apt1BR,1BA$2.67
Harwood Homes$2.40/sq.ft. - One Bedroom1BR,1BA$2.40

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

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 Article
Decorative image

The 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 Article
Decorative image

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Peterstown, Elizabeth, NJ

Ranked #5

Among cities in New Jersey for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Peterstown, Elizabeth, NJ

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 $1,295 at Harwood Homes.

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 $1,920 at Chilton Hall Apartments.

Expert Rental Resources

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.

Articles, How-To's, and Tips

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.