
Cheap Apartments for Rent in the Peterstown Neighborhood of Elizabeth, NJ from $1,100 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the Peterstown area of Elizabeth.


Total Monthly Price
516 E Jersey St, Unit 3

516 E Jersey St

516 E Jersey St, Unit 3

364 Williamson St

Chilton Hall Apartments

644 Maple Ave, Unit 1
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601 Elizabeth Ave, Unit 3B

The James

Total Monthly Price
426 E Jersey St, Unit 2nd floor

Lidgerwood Manor

112 Westfield Ave

944 Elizabeth Ave

Lidgerwood
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1029 E Grand St

70 W Grand St

Harwood Homes

Bayway

707 Bonnett St

960-962 Grove St

167-169 Smith St
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450 3rd Ave

557 S Broad St, Unit C2
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 | $1,818 | $1,100 | $2,034 |
| Peterstown 1 Bedroom Apartments | $2,307 | $1,595 | $2,814 |
| Peterstown 2 Bedroom Apartments | $2,524 | $1,550 | $3,823 |
| Peterstown 3 Bedroom Apartments | $2,645 | $2,300 | $3,500 |
| Peterstown 4 Bedroom Apartments | $2,800 | $2,800 | $2,800 |
Browse Apartments in this Neighborhood
There are currently 23 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 1 Bed unit found at Lidgerwood priced from $1,500. Bayway has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,645. Here are the most affordable Peterstown apartments for rent in Elizabeth, NJ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lidgerwood | A1 | 1BR,1BA | $1,500 |
| Bayway | B2 | 2BR,1BA | $1,645 |
| Chilton Hall Apartments | Chilton Hall - 1 BR 146-A1 | 1BR,1BA | $1,652 |
| Vinty | S1 | Studio,1BA | $1,979 |
| Jersey Walk | Studio | Studio,1BA | $2,000 |
Best Value Apartments for Rent in Peterstown, NJ
As of July 09, 2026 the best value apartment in the Peterstown area is the $1.10 price per square foot 140 E Jersey St Model at 140 E Jersey St, Unit 1 in the in the Elizabeth Port neighborhood starting from $2,300. The second greatest value Peterstown apartment is the 516 S Park St Model at 516 S Park St, Unit 2 floor starting at $2,900 with a $1.61 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. |
|---|---|---|---|
| 140 E Jersey St, Unit 1 | 140 E Jersey St | 3BR,1BA | $1.10 |
| 516 S Park St, Unit 2 floor | 516 S Park St | 3BR,2BA | $1.61 |
| 716 Seaport Dr, Unit 1 | 716 Seaport Dr | 3BR,2BA | $2.19 |
| The Metropolitan | 2BR/2.0BA | 2BR,2BA | $2.25 |
| The James | 2 Beds, 2 baths | 2BR,2BA | $2.48 |
| 738 Edgar Rd, Unit 2 | 738 Edgar Rd | 2BR,1BA | $2.56 |
| 516 E Jersey St, Unit 3 | 516 E Jersey St | 2BR,1BA | $2.07 |
| Chilton Towers | One Bedroom One Bath | 1BR,1BA | $2.82 |
| Chilton Hall Apartments | Chilton Hall-1 BR 135-C1 | 1BR,1BA | $2.39 |
| Bayway | B2 | 2BR,1BA | $2.63 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 #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 Vinty listed at $1,979.
How much is rent for a Cheap One Bedroom Peterstown Apartment?
The lowest price for a Cheap One Bedroom Peterstown Apartment is $1,500 at Lidgerwood.
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 $1,645 at Bayway.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.