Cheap Homes for Rent in Peterstown Neighborhood of Elizabeth, NJ from $1,300 (7 Rentals)

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

property at 70 W Grand St

70 W Grand St

ElizabethNJ07202

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 1 Bed unit found at The James priced from $1,875. 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
The JamesOne Bedroom1BR,1BA$1,875
Chilton Hall ApartmentsChilton Hall Apartments1BR,1BA$1,895
Jersey WalkStudioStudio,1BA$2,000

Best Value Apartments for Rent in Peterstown, NJ

As of July 13, 2025 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 523 Lidgerwood Ave Model at 523 Lidgerwood Ave, Unit Elmora starting at $2,900 with a $1.71 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.
140 E Jersey St, Unit 1140 E Jersey St3BR,1BA$1.10
523 Lidgerwood Ave, Unit Elmora523 Lidgerwood Ave3BR,2BA$1.71
716 Seaport Dr, Unit 1716 Seaport Dr3BR,2BA$2.03
167 3rd St, Unit 2167 3rd St2BR,1BA$2.20
206 Fulton St, Unit 6206 Fulton St3BR,1BA$2.20
58 2nd St, Unit 558 2nd St3BR,1BA$2.20
468 4th Ave, Unit Third Floor468 4th Ave1BR,1BA$1.80
307 Amity St, Unit amity307 Amity St1BR,1BA$1.80
130 4th St, Unit 2130 4th St3BR,2BA$2.35
637 S Park St, Unit 6637 S Park St2BR,1BA$2.31

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Frequently Asked Questions about Peterstown

What type of rentals are currently available in Peterstown?

There are currently 494 Apartments for Rent in Peterstown, NJ with pricing that ranges from $1,195 to $4,027. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peterstown ranging from $1,350 to $4,000.

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 $1,350 to $4,000 with an average monthly rent of $2,356.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.