Cheap Homes for Rent in Peterstown Neighborhood of Elizabeth, NJ from $1,100 (10 Rentals)

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

property at 129 Court St

$1,139

1 Bedroom, 1 Bath Home for Rent

Available Now

129 Court St

ElizabethNJ07206

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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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 27, 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$2.21
1025 Lafayette St, Unit 2nd Fl1025 Lafayette St3BR,1BA$2.16
The James2 Beds, 2 baths2BR,2BA$2.48
960-962 Grove St2 Bed 1 Bath2BR,1BA$2.27
Chilton Hall ApartmentsChilton Hall Apartments1BR,1BA$2.67
66 Marshall St, Unit 2R66 Marshall St2BR,1BA$2.50
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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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.

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Pet Friendly Lifestyle
Peterstown, Elizabeth, NJ

Ranked #4

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 Peterstown

What type of rentals are currently available in Peterstown?

There are currently 495 Apartments for Rent in Peterstown, NJ with pricing that ranges from $1,100 to $4,117. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peterstown ranging from $1,139 to $3,700.

What is the current price range for Rental Homes in Peterstown?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Peterstown ranges from $1,139 to $3,700 with an average monthly rent of $2,516.

How much are larger Three and Four Bedroom Rentals in Peterstown?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Peterstown range from $2,300 to $3,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $3,100. Four Bedroom Single-Family rentals are also available starting from $2,900 and Four Bedroom Apartments start at $2,400.

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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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.

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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.