
Cheap Apartments for Rent in Paterson, NJ from $800 (76 Rentals)
Search the lowest-cost Apartments available for rent right now in Paterson.


324,339 and 431 Broadway

Freedom Village Senior 55+

100 Rosa Parks Blvd

29 Park Ave

5-7 Straight St

49 Haledon Ave, Unit 3

476 E 33rd St

118 East 24th St Apartments

Kent Village
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.

401 River St, Unit 2

75 Marshall St

Mill Street Square

Ralson Apartments

275 Main St

150 N 7th St

51 Godwin Ave

242 Spring St, Unit 302

93 Highland St

Building 534
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.

486-490 Park Ave

Redwood Village

191 Market St

282 Broadway Ave

Hamilton Square Residential

330 E. 33rd St.

Colt Arms Apartments

Riverview Towers

44 Beech St

216 Straight St
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.

Hospital Plaza

Redwood Apartments Newly Constructed!

Valley View Apartments

457 E 22nd St

77-91 Park Ave

159 12th Ave

180 Cedar St

Hinchliffe Residences Senior 55

42-52 Essex St

198 Lafayette
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.

John W. Ferguson House Apartments

441-449 E 18th St

Riverview Towers

12 Quincy St

Total Monthly Price
21 Scudder St, Unit 1 Bedroom 1 Bath

Martha Washington Apartments

Total Monthly Price
256 Martha Ave, Unit Upstairs Unit

Fairlawn Properties

1055 Main Ave

Total Monthly Price
74 Plauderville Ave, Unit 3
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.
Paterson, NJ Local Guide

How much does it cost to rent an apartment in Paterson?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Paterson Studio Apartments | $1,850 | $1,275 | $2,550 |
| Cheap Paterson 1 Bedroom Apartments | $2,272 | $1,300 | $3,500 |
| Cheap Paterson 2 Bedroom Apartments | $2,794 | $1,799 | $4,870 |
| Cheap Paterson 3 Bedroom Apartments | $2,833 | $1,950 | $5,320 |
| Cheap Paterson 4 Bedroom Apartments | $2,764 | $800 | $3,850 |
Browse Top Apartments in Paterson
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Paterson, NJ Local Guide

- Paterson Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Paterson, NJ
Pricing Updated: 09/21/2026Current apartment rentals in the Paterson, NJ area range in price from $800 to $4,800 with an overall median price of $2,342. The three Paterson neighborhoods with the lowest median rent pricing are Downtown Paterson at $1,999, Great Falls at $1,999, and Eastside at $2,125. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Paterson Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Paterson | $1,999 | $800 | 25 |
| Great Falls | $1,999 | $800 | 39 |
| Eastside | $2,125 | $1,275 | 31 |
| Sandy Hill | $2,175 | $1,275 | 38 |
| Wrigley Park | $2,175 | $800 | 55 |
| Stoney Road | $2,200 | $1,275 | 41 |
| Eastside Park | $2,252 | $1,650 | 44 |
| Manor | $2,252 | $1,650 | 44 |
| Old Great Falls Historic District | $2,350 | $1,800 | 11 |
| Peoples Park | $2,350 | $1,275 | 63 |
Cheapest Available Paterson Apartments for Rent
 The cheapest available apartment rental in Paterson, NJ is a Studio unit found at 324,339 and 431 Broadway in the Stoney Road neighborhood priced from $1,275. Hospital Plaza in the Stoney Road neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,550. Here is today’s list of the most affordable Paterson apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 324,339 and 431 Broadway | 431 Broadway | Studio, 1BA | $1,275 |
| Hospital Plaza | A1 | 1BR, 1BA | $1,550 |
| Fairlawn Properties | 3.5 Room 1 Bedroom | 1BR, 1BA | $1,695 |
| 118 East 24th St Apartments | 1 Bd/ 1 Ba | 1BR, 1BA | $1,700 |
| Valley View Apartments | Type A | 1BR, 1BA | $1,713 |
| Kent Village | A1 | 1BR, 1BA | $1,750 |
| Hawthorne Garden | 1BD/1BA Upgraded Units | 1BR, 1BA | $1,795 |
Best Value Apartments for Rent in Paterson, NJ
As of September 21, 2026 the best value apartment in the Paterson area is the $1.31 price per square foot 158 Main St Model at 158 Main St, Unit 1st Floor Apartment in the Lakeview neighborhood starting from $2,950. The second greatest value Paterson apartment is the 193 Temple St Model at 193 Temple St, Unit First Floor in the Stoney Road neighborhood starting at $2,400 with a $1.41 price per square foot. Here is today’s list of the best values for Paterson apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 158 Main St, Unit 1st Floor Apartment | 158 Main St | 2BR, 2BA | $1.31 |
| 193 Temple St, Unit First Floor | 193 Temple St | 3BR, 1BA | $1.41 |
| Sunset Ridge at Totowa | Two Bedroom | 2BR, 2BA | $1.73 |
| 22 Wilson Ave, Unit Second Floor | 22 Wilson Ave | 3BR, 1BA | $2.00 |
| 441 E 27th St, Unit 2nd Fl | 441 E 27th St | 3BR, 1BA | $1.89 |
| 435 Steinway Rd, Unit 2 | 435 Steinway Rd | 2BR, 1BA | $2.08 |
| 407 Main St, Unit 3 | 407 Main St | 3BR, 1BA | $2.08 |
| 74 Plauderville Ave, Unit 3 | 74 Plauderville Ave | 1BR, 1BA | $1.75 |
| 59-63 Courtland St | 2 Bedroom | 2BR, 1BA | $2.00 |
| 118 East 24th St Apartments | 1 Bd/ 1 Ba | 1BR, 1BA | $1.84 |
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.
Paterson Overview
The largest city in Passaic County and the third most populated in the entire great state of New Jersey, Paterson is a popular Garden State destination that acts as home to almost 150,000 proud residents. Known as 'Silk City' for its long history as a production hub of industry, this blue collar and diverse hot spot is an excellent way to get to experience first hand all that NJ has to offer.
Why live in Paterson, NJ?
Steeped in history, Paterson apartment life is a fantastic way to get to know New Jersey. Brimming with east coast pride and offering much in the way of local arts, entertainment and shopping, this hotspot of diversity contains just about every walk of life when it comes to its budding population, from retirees to college students, career-centered working singles to growing blue collar families. When it comes to life in the Garden State, it doesn't get much more authentic than Paterson.
Paterson, NJPopulation: 145,627
Ranked #181
in US Census Population by City
Pet Friendly Lifestyle
Ranked #
Among cities in New Jersey for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
Pet Friendly
Best Local Schools in Paterson, NJ
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Paterson, NJ Rentals by Map
See the most popular apartments and homes in Paterson, NJ
Frequently Asked Questions about Cheap Paterson Apartments
What is a cheap apartment in Paterson?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Paterson is under $1,795.
What is the price of a cheap apartment in Paterson?
The cheapest apartment in Paterson is 324,339 and 431 Broadway which is listed at $1,400, while the average apartment in Paterson costs $2,342.
What types of apartments are the cheapest in Paterson?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 23 regular apartments in Paterson that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Paterson?
Cheap apartments in Paterson have an average cost of $412 which is $1,930 cheaper than the average rent for all rentals in Paterson.
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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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.