
Cheap Apartments for Rent in the Peterstown Neighborhood of Elizabeth, NJ from $1,100 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Peterstown area of Elizabeth.


1144 E Grand St, Unit 300

615 Court St

626 Clarkson Ave
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

Lidgerwood Manor

112 Westfield Ave

101 Broadway
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.

Rosehill Apartments
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 | $2,057 | $1,100 | $3,300 |
| Peterstown 1 Bedroom Apartments | $2,501 | $1,450 | $3,247 |
| Peterstown 2 Bedroom Apartments | $2,766 | $1,700 | $4,117 |
| Peterstown 3 Bedroom Apartments | $2,564 | $2,350 | $3,200 |
| Peterstown 4 Bedroom Apartments | $2,607 | $2,400 | $2,900 |
Browse Apartments in this Neighborhood
There are currently 9 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
- Nearby Elizabeth neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Peterstown Apartments for Rent
 The cheapest available apartment rental in the Peterstown area of Elizabeth, NJ is a 3 Beds unit found at 101 Broadway priced from $1,394. 960-962 Grove St has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,700. Here are the most affordable Peterstown apartments for rent in Elizabeth, NJ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 101 Broadway | 3 Bedrooms 1 Bathroom | 3BR,1BA | $1,394 |
| 960-962 Grove St | 2 Bed 1 Bath | 2BR,1BA | $1,700 |
| Chilton Hall Apartments | Chilton Hall Apartments | 1BR,1BA | $1,895 |
Best Value Apartments for Rent in Peterstown, NJ
As of January 09, 2026 the best value apartment in the Peterstown area is the $0.93 price per square foot 613 S Park St Model at 613 S Park St, Unit 2nd Floor in the in the Elizabeth Port neighborhood starting from $2,500. The second greatest value Peterstown apartment is the 234 Christine St Model at 234 Christine St, Unit 2F starting at $1,900 with a $1.38 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 613 S Park St, Unit 2nd Floor | 613 S Park St | 3BR,2BA | $0.93 |
| 234 Christine St, Unit 2F | 234 Christine St | 1BR,1BA | $1.38 |
| Luxury Rental With Private Parking | 2BR/2.0BA | 2BR,2BA | $2.29 |
| 1025 Lafayette St, Unit 2nd Fl | 1025 Lafayette St | 3BR,1BA | $2.16 |
| The James | 2 Beds, 2 baths | 2BR,2BA | $2.48 |
| 22 Boyle Plz, Unit 2 | 22 Boyle Plz | 2BR,1BA | $2.00 |
| 960-962 Grove St | 2 Bed 1 Bath | 2BR,1BA | $2.27 |
| Chilton Hall Apartments | Chilton Hall Apartments | 1BR,1BA | $2.67 |
| 101 Broadway | 3 Bedrooms 1 Bathroom | 3BR,1BA | $2.32 |
| 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 ArticleCash 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 ArticleQuick 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.
Pet Friendly LifestylePeterstown, Elizabeth, NJ
Ranked #5
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 $1,895 at Chilton Hall Apartments.
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 $1,394.
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

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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!