Cheap Homes for Rent in Peterstown Neighborhood of Elizabeth, NJ from $1,700 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Peterstown area of Elizabeth.

573 4th Ave

1150 E Grand St

73 Florida St

558 Court St, Unit 1L

660 McKinley St, Unit 2 bedroom

325-327 John St
Peterstown, Elizabeth, NJ Local Guide

How much does it cost to rent a home in Peterstown?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Peterstown 2 Bedroom Homes for Rent | $2,280 | $1,950 | $2,600 |
Peterstown 3 Bedroom Homes for Rent | $2,974 | $2,750 | $3,200 |
Peterstown 5 Bedroom Homes for Rent | $3,400 | $3,400 | $3,400 |
Browse Homes for Rent in this Neighborhood
There are currently 12 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 2 Beds unit found at 960-962 Grove St priced from $1,800. The James has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,875. Here are the most affordable Peterstown apartments for rent in Elizabeth, NJ:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
960-962 Grove St | 2 Bed 1 Bath | 2BR,1BA | $1,800 |
The James | One Bedroom | 1BR,1BA | $1,875 |
Jersey Walk | Studio | Studio,1BA | $2,000 |
Chilton Towers | One Bedroom One Bath | 1BR,1BA | $2,035 |
Vinty | S2 | Studio,1BA | $2,093 |
Best Value Apartments for Rent in Peterstown, NJ
As of October 13, 2025 the best value apartment in the Peterstown area is the $2.64 price per square foot 2BR/2.0BA Model at Luxury Rental With Private Parking in the in the Peterstown neighborhood starting from $2,705. The second greatest value Peterstown apartment is the 206 Fulton St Model at 206 Fulton St, Unit 6 starting at $2,200 with a $2.20 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. |
---|---|---|---|
Luxury Rental With Private Parking | 2BR/2.0BA | 2BR,2BA | $2.64 |
206 Fulton St, Unit 6 | 206 Fulton St | 3BR,1BA | $2.20 |
231 Rahway Ave, Unit 1 | 231 Rahway Ave | 2BR,1BA | $2.26 |
Chilton Hall Apartments | Chilton Hall Apartments | 2BR,1BA | $2.69 |
163 Court St, Unit 2nd Floor Center Unit | 163 Court St | 2BR,1BA | $2.58 |
224 3rd St, Unit 6 | 224 3rd St | 2BR,1BA | $2.63 |
960-962 Grove St | 2 Bed 1 Bath | 2BR,1BA | $2.40 |
439 Marshall St, Unit 2 | 439 Marshall St | 2BR,1BA | $2.57 |
The James | One Bedroom | 1BR,1BA | $2.75 |
1144 E Grand St, Unit 300 | 1144 E Grand St | Studio ,1BA | $2.25 |
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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 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 $4,188. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peterstown ranging from $1,750 to $3,400.
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 $1,750 to $3,400 with an average monthly rent of $2,440.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.