Cheap Apartments for Rent in the Peterstown Neighborhood of Elizabeth, NJ from $1,100 (9 Rentals)

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

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.

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Lidgerwood Manor
1 to 2 Bedroom Apartments

Lidgerwood Manor

514 Lidgerwood AveElizabeth, NJ 07202
  • Utilities Included
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112 Westfield Ave
Studio to 1 Bedroom Apartments

112 Westfield Ave

112-118 Westfield AveElizabeth, NJ 07208
  • Utilities Included
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101 Broadway
3 Bedroom Apartments

101 Broadway

101 BroadwayElizabeth, NJ 07206

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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.

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Rosehill Apartments
1 to 2 Bedroom Apartments

Rosehill Apartments

433 Lidgerwood AveElizabeth, NJ 07202
  • Utilities Included

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 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 ListingModel NameBed/BathPriced From
101 Broadway3 Bedrooms 1 Bathroom3BR,1BA$1,394
960-962 Grove St2 Bed 1 Bath2BR,1BA$1,700
Chilton Hall ApartmentsChilton Hall Apartments1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
613 S Park St, Unit 2nd Floor613 S Park St3BR,2BA$0.93
234 Christine St, Unit 2F234 Christine St1BR,1BA$1.38
Luxury Rental With Private Parking2BR/2.0BA2BR,2BA$2.29
1025 Lafayette St, Unit 2nd Fl1025 Lafayette St3BR,1BA$2.16
The James2 Beds, 2 baths2BR,2BA$2.48
22 Boyle Plz, Unit 222 Boyle Plz2BR,1BA$2.00
960-962 Grove St2 Bed 1 Bath2BR,1BA$2.27
Chilton Hall ApartmentsChilton Hall Apartments1BR,1BA$2.67
101 Broadway3 Bedrooms 1 Bathroom3BR,1BA$2.32
1144 E Grand St, Unit 3001144 E Grand StStudio ,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.

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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.

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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.

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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.

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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

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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

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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.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!