Cheap Homes for Rent in Peterstown Neighborhood of Elizabeth, NJ from $1,300 (9 Rentals)

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

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property at 70 W Grand St

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

Studio, 1 Bath Home for Rent

Available Now

70 W Grand St

ElizabethNJ07202
property at 557 S Broad St

$1,741

Total Monthly Price

Total Monthly Price

Base Rent
$1,741

Total Monthly Price
$1,741

1 Bedroom, 1 Bath Home for Rent

Available Now

557 S Broad St, Unit A5

557 S Broad St
ElizabethNJ07202
property at 134 E Jersey St

$1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795

Total Monthly Price
$1,795

2 Bedroom, 1 Bath Home for Rent

Available Now

134 E Jersey St

ElizabethNJ07206

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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 $1,759. Chilton Hall Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,895. Here are the most affordable Peterstown apartments for rent in Elizabeth, NJ:

Apartment ListingModel NameBed/BathPriced From
101 Broadway3 Bedrooms 1 Bathroom3BR,1BA$1,759
Chilton Hall ApartmentsChilton Hall - 1 BR Apt1BR,1BA$1,895
Jersey WalkStudioStudio,1BA$2,000

Best Value Apartments for Rent in Peterstown, NJ

As of March 15, 2026 the best value apartment in the Peterstown area is the $1.65 price per square foot 208 Vine St Model at 208 Vine St, Unit 1 Floor in the in the Downtown Elizabeth neighborhood starting from $2,800. The second greatest value Peterstown apartment is the 201 Catherine St Model at 201 Catherine St, Unit 2 starting at $3,200 with a $2.13 price per square foot in the Downtown Elizabeth 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.
208 Vine St, Unit 1 Floor208 Vine St3BR,2BA$1.65
201 Catherine St, Unit 2201 Catherine St3BR,2BA$2.13
1029 E Grand St, Unit Second Floor1029 E Grand St3BR,3BA$1.87
241 Franklin St241 Franklin St3BR,2BA$2.38
86 4th St, Unit Second Floor86 4th St3BR,1BA$1.81
The James2 Beds, 2 baths2BR,2BA$2.48
Luxury Rental With Private Parking1BR/1.0BA1BR,1BA$2.33
410 Franklin St, Unit 2410 Franklin St2BR,1BA$1.98
410 1st Ave, Unit FIRST FLOOR410 1st Ave2BR,1BA$2.40
749 S Broad St, Unit Ground749 S Broad St1BR,1BA$2.43

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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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 Peterstown

What type of rentals are currently available in Peterstown?

There are currently 502 Apartments for Rent in Peterstown, NJ with pricing that ranges from $1,100 to $3,774. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peterstown ranging from $1,300 to $3,100.

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 $1,300 to $3,100 with an average monthly rent of $2,374.

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 $1,950 to $3,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.