
Cheap Homes for Rent in Paramus, NJ from $1,500 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Paramus.


1 Newark Ave, Unit 2nd Fl

500 Alma Terrace

275 Beech St, Unit 31

265 Beech St, Unit 4
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.

846 Williams Ave

38 Dobrin Ct

27-55-55 Green Ave

220 Prospect Ave

119 Garibaldi Ave
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.

326 Prospect Ave, Unit 2G

326 Prospect Ave, Unit 2G

25 Grand Ave, Unit 5th floor unit

5 Linden St, Unit 2E

129 Union St
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.
Paramus, NJ Local Guide

How much does it cost to rent a home in Paramus?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Paramus 2 Bedroom Homes for Rent | $2,912 | $2,400 | $3,500 |
| Paramus 3 Bedroom Homes for Rent | $4,660 | $3,450 | $9,490 |
| Paramus 4 Bedroom Homes for Rent | $5,719 | $4,200 | $10,000+ |
| Paramus 5 Bedroom Homes for Rent | $6,573 | $3,995 | $10,000+ |
| Paramus 6 Bedroom Homes for Rent | $11,750 | $8,500 | $10,000+ |
Browse Top Homes for Rent in Paramus
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Paramus, NJ Local Guide
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Cheapest Available Paramus Apartments for Rent and Nearby
 The cheapest available apartment rental in Paramus, NJ is a Studio unit found at Fairleigh Arms in the Teaneck Riverftont neighborhood priced from $1,595. New Milford Estates in the Northwest Teaneck neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,625. Here is today’s list of the most affordable Paramus apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fairleigh Arms | S1 | Studio,1BA | $1,595 |
| New Milford Estates | 2 Room Studio/Eff | 1BR,1BA | $1,625 |
| Brookchester Apartments | Studio | Studio,1BA | $1,665 |
| Fairlawn Properties | 3.5 Room 1 Bedroom | 1BR,1BA | $1,695 |
| 107 Ross Ave | 1 Bed - 1 Bath | 1BR,1BA | $1,695 |
Best Value Apartments for Rent in Paramus, NJ and Nearby
As of June 06, 2026 the best value apartment in the Paramus area is the $1.77 price per square foot $2.87/sq.ft. - The Essex Model at Fair Lawn Commons in the in the Southeast Ridgewood neighborhood starting from $3,395. The second greatest value Paramus apartment is the 1 BR/ large - 825 SF Model at Westwood Hills starting at $2,495 with a $2.46 price per square foot . 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. |
|---|---|---|---|
| Fair Lawn Commons | $2.87/sq.ft. - The Essex | 2BR,2BA | $1.77 |
| Westwood Hills | 1 BR/ large - 825 SF | 1BR,1BA | $2.46 |
| Excelsior II | B/R | 1BR,1BA | $2.55 |
| Fairleigh Arms | A1 | 1BR,1BA | $1.94 |
| River Terrace Gardens | RTG-2b1a | 2BR,1BA | $2.61 |
| Summit Manor | 1BR/1BA | 1BR,1BA | $2.58 |
| 211 Johnson Ave Apartments | 1 Bedroom | 1BR,1BA | $2.63 |
| 51 1st St | 1 Bed, 1 bath | 1BR,1BA | $2.39 |
| 107 Ross Ave | 1 Bed - 1 Bath | 1BR,1BA | $2.26 |
| Maybrook Garden Apartments | 1 Bed, 1 bath | 1BR,1BA | $2.59 |
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 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!
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Frequently Asked Questions about Paramus
What type of rentals are currently available in Paramus?
There are currently 300 Apartments for Rent in Paramus, NJ with pricing that ranges from $1,124 to $6,900. There are also 61 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paramus ranging from $1,500 to $15,000.
What is the current price range for Rental Homes in Paramus?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Paramus ranges from $1,500 to $15,000 with an average monthly rent of $5,626.
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

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.