Cheap Apartments for Rent in Paramus, NJ from $1,300 (96 Rentals)

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Search the lowest-cost Apartments available for rent right now in Paramus.

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.

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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 241 W Passaic St

$2,150

Total Monthly Price

Total Monthly Price

Base Rent
$2,150
Total Monthly Price
$2,150

2 Bedroom, 1 Bath Condo for Rent

Available Apr 30

241 W Passaic St, Unit 11A, Unit 11A

241 W Passaic St
Rochelle ParkNJ07662

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Paramus, NJ Local Guide

Cheapest Available Paramus Apartments for Rent and Nearby

 

The cheapest available apartment rental in Paramus, NJ is a 1 Bed unit found at Swan Court Apartments in the Hackensack Teaneck neighborhood priced from $1,615. Brookchester Apartments in the Northwest Teaneck neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,665. Here is today’s list of the most affordable Paramus apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Swan Court Apartments1 Bedroom Small1BR,1BA$1,615
Brookchester ApartmentsStudioStudio,1BA$1,665
New Milford Estates2 Room Studio/Eff1BR,1BA$1,695
Fairlawn Properties3.5 Room 1 Bedroom1BR,1BA$1,695
107 Ross Ave1 Bed - 1 Bath1BR,1BA$1,695
51 1st St1 Bed, 1 bath1BR,1BA$1,795
Maybrook Garden Apartments1 Bed, 1 bath1BR,1BA$1,800
Temple ApartmentsA11BR,1BA$1,850
The IvanhoeStudio E/G LineStudio,1BA$1,875
Summit on ProspectRenovated One Bedroom1BR,1BA$1,895

Best Value Apartments for Rent in Paramus, NJ and Nearby

As of April 21, 2026 the best value apartment in the Paramus area is the $2.42 price per square foot 86 N Walnut St Model at 86 N Walnut St, Unit #2 in the in the Southeast Ridgewood neighborhood starting from $2,900. The second greatest value Paramus apartment is the B/R Model at Excelsior II starting at $2,500 with a $2.55 price per square foot in the Northwest Teaneck neighborhood. Here is today’s list of the best values for Paramus apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
86 N Walnut St, Unit #286 N Walnut St2BR,1BA$2.42
Excelsior IIB/R1BR,1BA$2.55
Fairleigh ArmsA11BR,1BA$2.15
Olivia TerraceA21BR,1BA$2.42
246 Main St, Unit Apt #1246 Main St2BR,1BA$2.47
River Terrace GardensRTG-1b1b1BR,1BA$2.58
State Gardens1BR1BR,1BA$2.63
51 1st St1 Bed, 1 bath1BR,1BA$2.39
107 Ross Ave1 Bed - 1 Bath1BR,1BA$2.26
Maybrook Garden Apartments1 Bed, 1 bath1BR,1BA$2.59

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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 $1,665.

How much is rent for a Cheap One Bedroom Paramus Apartment?

The lowest price for a Cheap One Bedroom Paramus Apartment is $1,615 at Swan Court Apartments.

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 $1,995 at New Milford Estates.

What is the most affordable Paramus Three Bedroom Apartment?

The best deal on a cheap Paramus Three Bedroom Apartment rental is at Fair Lawn Commons and starts from $3,795.

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 What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.

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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.