Cheap Apartments for Rent in Paterson, NJ from $800 (76 Rentals)

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

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.

property at 93 Highland St
$1,900 - $2,000
2 To 3 Bedroom Rentals
Available Now
Affordability

93 Highland St

PatersonNJ07524
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Building 534
Studio to 1 Bedroom Apartments

Building 534

534 BroadwayPaterson, NJ 07514
  • Utilities Included

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.

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486-490 Park Ave
Studio to 3 Bedroom Apartments

486-490 Park Ave

486-490 Park AvePaterson, NJ 07504
  • Utilities Included
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Redwood Village
1 to 2 Bedroom Apartments

Redwood Village

311 Redwood AvePaterson, NJ 07522
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191 Market St
Studio to 2 Bedroom Apartments

191 Market St

191 Market StPaterson, NJ 07505
  • Utilities Included
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282 Broadway Ave
1 Bedroom Apartments

282 Broadway Ave

282 Broadway AvePaterson, NJ 07501
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330 E. 33rd St.
Studio to 2 Bedroom Apartments

330 E. 33rd St.

328-336 E 33rd StPaterson, NJ 07504
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Colt Arms Apartments
Studio to 1 Bedroom Apartments

Colt Arms Apartments

18-56 Godwin StPaterson, NJ 07501
Senior Living
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Riverview Towers
1 to 2 Bedroom Apartments

Riverview Towers

125-145 Presidential BlvdPaterson, NJ 07522
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44 Beech St
Studio to 3 Bedroom Apartments

44 Beech St

44 Beech StPaterson, NJ 07501
  • Utilities Included
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216 Straight St
1 to 4 Bedroom Apartments

216 Straight St

216 Straight StPaterson, NJ 07501
  • Utilities Included

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.

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Hospital Plaza
1 to 2 Bedroom Apartments

Hospital Plaza

200 Hospital PlzPaterson, NJ 07503
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457 E 22nd St
2 Bedroom Apartments

457 E 22nd St

457 E 22nd StPaterson, NJ 07514
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77-91 Park Ave
1 to 2 Bedroom Apartments

77-91 Park Ave

77-91 Park AvePaterson, NJ 07524
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159 12th Ave
Studio to 1 Bedroom Apartments

159 12th Ave

159 12th AvePaterson, NJ 07501
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180 Cedar St
Studio to 2 Bedroom Apartments

180 Cedar St

180 Cedar StPaterson, NJ 07501
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42-52 Essex St
1 to 3 Bedroom Apartments

42-52 Essex St

42-52 Essex StPaterson, NJ 07501
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198 Lafayette
1 to 3 Bedroom Apartments

198 Lafayette

198 Lafayette StPaterson, NJ 07501

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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441-449 E 18th St
1 to 2 Bedroom Apartments

441-449 E 18th St

441-449 E 18th StPaterson, NJ 07524
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Riverview Towers
1 to 2 Bedroom Apartments

Riverview Towers

85-105 Presidential BlvdPaterson, NJ 07522
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74 Plauderville Ave, Unit 3
$1,750

Total Monthly Price

Base Rent$1,750

Total Monthly Price$1,750
1 Bedroom Apartment Available Now

74 Plauderville Ave, Unit 3

74 Plauderville AveGarfield, NJ 07026
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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.

Paterson, NJ Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Paterson, NJ

Pricing Updated: 09/21/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Paterson$1,999$80025
Great Falls$1,999$80039
Eastside$2,125$1,27531
Sandy Hill$2,175$1,27538
Wrigley Park$2,175$80055
Stoney Road$2,200$1,27541
Eastside Park$2,252$1,65044
Manor$2,252$1,65044
Old Great Falls Historic District$2,350$1,80011
Peoples Park$2,350$1,27563

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 ListingModel NameBed/BathPriced From
324,339 and 431 Broadway431 BroadwayStudio, 1BA$1,275
Hospital PlazaA11BR, 1BA$1,550
Fairlawn Properties3.5 Room 1 Bedroom1BR, 1BA$1,695
118 East 24th St Apartments1 Bd/ 1 Ba1BR, 1BA$1,700
Valley View ApartmentsType A1BR, 1BA$1,713
Kent VillageA11BR, 1BA$1,750
Hawthorne Garden1BD/1BA Upgraded Units1BR, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
158 Main St, Unit 1st Floor Apartment158 Main St2BR, 2BA$1.31
193 Temple St, Unit First Floor193 Temple St3BR, 1BA$1.41
Sunset Ridge at TotowaTwo Bedroom2BR, 2BA$1.73
22 Wilson Ave, Unit Second Floor22 Wilson Ave3BR, 1BA$2.00
441 E 27th St, Unit 2nd Fl441 E 27th St3BR, 1BA$1.89
435 Steinway Rd, Unit 2435 Steinway Rd2BR, 1BA$2.08
407 Main St, Unit 3407 Main St3BR, 1BA$2.08
74 Plauderville Ave, Unit 374 Plauderville Ave1BR, 1BA$1.75
59-63 Courtland St2 Bedroom2BR, 1BA$2.00
118 East 24th St Apartments1 Bd/ 1 Ba1BR, 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.

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Navigating 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.

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Real 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.

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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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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, NJ
Population: 145,627

Ranked #181

in US Census Population by City

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Pet Friendly Lifestyle

Ranked #

Among cities in New Jersey for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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

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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.

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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.

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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.

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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.