
Cheap Apartments for Rent in the Peterstown Neighborhood of Elizabeth, NJ from $1,100 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Peterstown area of Elizabeth.


448 New York Ave, Unit C4

25 Prospect St, Unit Apt 3

Linden Arms, LLC
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Cambridge Manor

Edgar Gardens

Watson Apartments

920 S Elmora Ave
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904 2nd Ave
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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 | $1,769 | $1,195 | $2,191 |
Peterstown 1 Bedroom Apartments | $2,100 | $1,500 | $2,814 |
Peterstown 2 Bedroom Apartments | $2,589 | $1,849 | $4,058 |
Peterstown 3 Bedroom Apartments | $2,736 | $2,000 | $3,200 |
Peterstown 4 Bedroom Apartments | $2,947 | $2,295 | $3,600 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 1 mile radius of the Peterstown Neighborhood of Elizabeth, NJ.
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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 Studio unit found at Edgar Gardens priced from $1,595. Watson Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,618. Here are the most affordable Peterstown apartments for rent in Elizabeth, NJ:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Edgar Gardens | Studio | Studio,1BA | $1,595 |
Watson Apartments | Studio | Studio,1BA | $1,618 |
Rosehill Apartments | 2 BR | 2BR,1BA | $1,750 |
Hayes House | Studio | Studio,1BA | $1,759 |
Turtle Village | 1 Bedroom | 1BR,1BA | $1,776 |
Best Value Apartments for Rent in Peterstown, NJ
As of June 06, 2025 the best value apartment in the Peterstown area is the $1.60 price per square foot 434 S 5th St Model at 434 S 5th St, Unit 434 S 5th St in the in the Peterstown neighborhood starting from $3,200. The second greatest value Peterstown apartment is the 2BR/2.0BA Model at Luxury Rental With Private Parking starting at $3,149 with a $2.48 price per square foot in the Westminster 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. |
---|---|---|---|
434 S 5th St, Unit 434 S 5th St | 434 S 5th St | 3BR,1.5BA | $1.60 |
Luxury Rental With Private Parking | 2BR/2.0BA | 2BR,2BA | $2.48 |
The Madison at Elizabeth | 006 2 Bedroom 2 Bath | 2BR,2BA | $2.06 |
130 4th St, Unit 2 | 130 4th St | 3BR,2BA | $2.35 |
167 3rd St, Unit 2 | 167 3rd St | 2BR,1BA | $2.20 |
231 3rd St, Unit 1 | 231 3rd St | 2BR,1BA | $2.31 |
126 3rd St, Unit 2 | 126 3rd St | 2BR,1BA | $2.38 |
333 E Jersey St, Unit 3A | 333 E Jersey St | 2BR,1BA | $2.31 |
1155 Elizabeth Ave, Unit 1155-1 | 1155 Elizabeth Ave | 1BR,1BA | $2.37 |
1144 E Grand St, Unit 211 | 1144 E Grand St | Studio ,1BA | $2.39 |
Quick Rent Budget Calculator
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Pet Friendly LifestylePeterstown, Elizabeth, NJ
Ranked #5
Among neighborhoods in Elizabeth, NJ 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 Edgar Gardens listed at $1,595.
How much is rent for a Cheap One Bedroom Peterstown Apartment?
The lowest price for a Cheap One Bedroom Peterstown Apartment is $1,776 at Turtle Village.
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 $1,750 at Rosehill Apartments.
What is the most affordable Peterstown Three Bedroom Apartment?
The best deal on a cheap Peterstown Three Bedroom Apartment rental is at 921-923 Roosevelt St and starts from $2,495.
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.