
Cheap Apartments for Rent in Paramus, NJ from $1,179 (114 Rentals)
Search the lowest-cost Apartments available for rent right now in Paramus.


Courtyard at Prospect

Total Monthly Price
66 Mitchell St, Unit Apt. #3

New Milford Estates

State Gardens

792 Kinderkamack Rd, Unit 1

Total Monthly Price
522 Saddle River Rd, Unit Fl 1 Apt 1

Summit on Prospect

Fairlawn Properties

FAO Gardens
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Brookchester Apartments

Swan Court Apartments

Total Monthly Price
50 Anderson St, Unit A11

Royal Court

Maybrook Garden Apartments

249 Ackerman Ave

Hollow Run at Fair Lawn

Total Monthly Price
Lodi Circle Apartments

377 Passaic St

Prospect Towers
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

The Cornerstone

Clinton Arms

Prospect Ridge

241 Passaic St

The Ivanhoe

241 W Passaic St

Continental Gardens

Summit Gardens

9 Victor St

The Johnson House
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

291 Garibaldi Ave

Bergen Properties

Cloverdale Park Apartments, LLC

Saddle Brook Apartments

Oak Terrace

Cadillac Manor

Briarwood Commons

Cambridge Manor

Steuben Arms

The Crossings at Maywood Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Hackensack Gardens

140 Prospect

Print House

Westview Apartment Homes

Ora

Dorchester Manor Apartments

Meridia On Main

5 Linden St, Unit 3J

Radnor Manor
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Paramus, NJ Local Guide

How much does it cost to rent an apartment in Paramus?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Paramus Studio Apartments | $2,233 | $1,629 | $3,066 |
| Cheap Paramus 1 Bedroom Apartments | $2,613 | $1,179 | $4,800 |
| Cheap Paramus 2 Bedroom Apartments | $3,639 | $1,995 | $7,495 |
| Cheap Paramus 3 Bedroom Apartments | $3,763 | $1,845 | $5,320 |
Browse Top Apartments in Paramus
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Paramus, NJ Local Guide
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Cheapest Available Paramus Apartments for Rent
 The cheapest available apartment rental in Paramus, NJ is a 2 Beds unit found at Courtyard at Prospect in the Northwest Teaneck neighborhood priced from $1,426. Fairlawn Properties in the Southeast Ridgewood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,695. Here is today’s list of the most affordable Paramus apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Courtyard at Prospect | 4 Room 2 Bedroom | 2BR,1BA | $1,426 |
| Fairlawn Properties | 3.5 Room 1 Bedroom | 1BR,1BA | $1,695 |
| FAO Gardens | 1 Bed, 1 bath | 1BR,1BA | $1,705 |
| Brookchester Apartments | Studio | Studio,1BA | $1,720 |
| Swan Court Apartments | 1 Bedroom | 1BR,1BA | $1,745 |
| Royal Court | 1BR/1.0BA | 1BR,1BA | $1,750 |
| 45 Linden | 45 Linden - 07 | 1BR,1BA | $1,750 |
Best Value Apartments for Rent in Paramus, NJ
As of September 07, 2026 the best value apartment in the Paramus area is the $2.21 price per square foot 20 Somerville Rd Model at 20 Somerville Rd, Unit 1 in the in the Southeast Ridgewood neighborhood starting from $4,200. The second greatest value Paramus apartment is the TWO BEDROOMS Model at 140 Prospect starting at $3,045 with a $2.02 price per square foot in the Hackensack Teaneck neighborhood. Here is today’s list of the best values for Paramus apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 20 Somerville Rd, Unit 1 | 20 Somerville Rd | 3BR,1.5BA | $2.21 |
| 140 Prospect | TWO BEDROOMS | 2BR,2BA | $2.02 |
| 435 Steinway Rd, Unit 2 | 435 Steinway Rd | 2BR,1BA | $2.08 |
| Excelsior II | B/R | 1BR,1BA | $2.24 |
| Summit Manor | 1BR/1BA | 1BR,1BA | $2.62 |
| 50 Anderson St, Unit A11 | 50 Anderson St | 1BR,1BA | $2.19 |
| FAO Gardens | 1 Bed, 1 bath | 1BR,1BA | $2.27 |
| Courtyard at Prospect | 4 Room 2 Bedroom | 2BR,1BA | $2.04 |
| 522 Saddle River Rd, Unit Fl 1 Apt 1 | 522 Saddle River Rd | 1BR,1BA | $2.64 |
| 66 Mitchell St, Unit Apt. #3 | 66 Mitchell St | 1BR,1BA | $2.40 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
Best Local Schools in Paramus, NJ
Ridge Ranch Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Paramus, NJ Rentals by Map
See the most popular apartments and homes in Paramus, NJ
Frequently Asked Questions about Cheap Paramus Apartments
What is the Cheapest Studio apartment in Paramus?
Currently the most affordable Cheap Studio Apartment in Paramus is at Brookchester Apartments listed at $1,720.
How much is rent for a Cheap One Bedroom Paramus Apartment?
The lowest price for a Cheap One Bedroom Paramus Apartment is $1,695 at Fairlawn Properties.
What is the lowest price for a Cheap Two Bedroom Paramus Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Paramus is starting from $1,426 at Courtyard at Prospect.
What is the most affordable Paramus Three Bedroom Apartment?
The best deal on a cheap Paramus Three Bedroom Apartment rental is at Excelsior II and starts from $3,200.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
