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$1,350 - $1,950Studio to 2 Bedroom Apartments Available Sep 15
324,339 and 431 Broadway
324 BroadwayPaterson, NJ 07501
Cheap Apartments for Rent in Paterson, NJ from $700 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in Paterson.
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$1,398 - $1,4051 Bedroom Apartments Available Now
Freedom Village Senior 55+
69 Straight StPaterson, NJ 07501
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$1,5501 Bedroom Apartment Available Jun 15, 2026
613 E 22nd St, Unit 2
613 E 22nd StPaterson, NJ 07514
329 Madison Ave
PatersonNJ07524
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16-18 N 4th St
PatersonNJ07522
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$1,7001 Bedroom Apartments Available Now
118 East 24th St Apartments
118 East 24th StPaterson, NJ 07514
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 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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Studio to 2 Bedroom Apartments
Redwood Apartments Newly Constructed!
208 Redwood AvePaterson, NJ 07522
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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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$1,4501 Bedroom Apartment Available Now
232 Haledon Ave, Unit 3
232 Haledon AveProspect Park, NJ 07508
420 Lakeview Ave
CliftonNJ07011
86 Orono St
CliftonNJ07013
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$1,595 - $2,1951 to 2 Bedroom Apartments Available Now
Martha Washington Apartments
1401 Van Houten AveClifton, NJ 07013
40 Quincy St
PassaicNJ07055
139 Fairview Ave
Prospect ParkNJ07508
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$1,695 - $2,4951 to 2 Bedroom Apartments Available Now
Fairlawn Properties
16-64 Chandler DrFair Lawn, NJ 07410
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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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Showing Results 1-44, Page 1 of 1
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 | $1,872 | $1,400 | $2,390 |
| Cheap Paterson 1 Bedroom Apartments | $2,367 | $1,398 | $3,515 |
| Cheap Paterson 2 Bedroom Apartments | $2,987 | $1,400 | $4,870 |
| Cheap Paterson 3 Bedroom Apartments | $2,930 | $1,750 | $5,020 |
| Cheap Paterson 4 Bedroom Apartments | $3,242 | $2,300 | $5,300 |
Browse Top Apartments in Paterson
See all Apartments in PatersonExplore Paterson
Paterson, NJ Local Guide
Written By:
Justin HabersaatEditing Staff
- Paterson Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Paterson, NJ
Pricing Updated: 09/08/2025Current apartment rentals in the Paterson, NJ area range in price from $1,300 to $5,300 with an overall median price of $3,144. The three Paterson neighborhoods with the lowest median rent pricing are Downtown Paterson at $1,398, Wrigley Park at $1,398, and Great Falls at $1,398. 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 | $2,350 | $1,398 | 14 |
| Wrigley Park | $2,350 | $1,398 | 24 |
| Great Falls | $2,400 | $1,398 | 31 |
| Stoney Road | $2,400 | $1,398 | 31 |
| Old Great Falls Historic District | $2,450 | $1,600 | 12 |
| Eastside | $2,475 | $1,398 | 14 |
| Hillcrest | $2,550 | $1,398 | 57 |
| Peoples Park | $2,700 | $1,400 | 20 |
| Sandy Hill | $2,700 | $1,398 | 21 |
| South Paterson | $2,700 | $1,400 | 18 |
Cheapest Available Paterson Apartments for Rent
The cheapest available apartment rental in Paterson, NJ is a 1 Bed unit found at Freedom Village Senior 55+ in the Stoney Road neighborhood priced from $1,398. Martha Washington Apartments in the Maple Valley neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,595. Here is today’s list of the most affordable Paterson apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Freedom Village Senior 55+ | 1 Bedroom | 1BR,1BA | $1,398 |
| Martha Washington Apartments | One Bedroom Small | 1BR,1BA | $1,595 |
| The Clifton Manor | 0BR/1.0BA | Studio,1BA | $1,625 |
| Fairlawn Properties | 3 Room 1 Bedroom | 1BR,1BA | $1,695 |
| 118 East 24th St Apartments | 1 Bd/ 1 Ba | 1BR,1BA | $1,700 |
| Kent Village | 1 bedroom | 1BR,1BA | $1,730 |
Best Value Apartments for Rent in Paterson, NJ
As of September 08, 2025 the best value apartment in the Paterson area is the $0.19 price per square foot 318 21st Ave Model at 318 21st Ave, Unit 304 in the in the Stoney Road neighborhood starting from $1,850. The second greatest value Paterson apartment is the 15 N 17th St Model at 15 N 17th St, Unit 3 starting at $3,300 with a $0.33 price per square foot in the Preakness neighborhood. 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. |
|---|---|---|---|
| 318 21st Ave, Unit 304 | 318 21st Ave | 1BR,1BA | $0.19 |
| 15 N 17th St, Unit 3 | 15 N 17th St | 3BR,1.5BA | $0.33 |
| Belmont Estates Townhomes | JASON LANE | 3BR,2.5BA | $1.71 |
| 354 Highland Ave, Unit 3 second floor | 354 Highland Ave | 3BR,1BA | $1.33 |
| 66 Wood St, Unit 2 | 66 Wood St | 4BR,2BA | $1.70 |
| 242 Union Ave, Unit 1st Floor | 242 Union Ave | 3BR,2BA | $1.47 |
| 264 Union Ave, Unit 2 | 264 Union Ave | 3BR,1BA | $1.44 |
| 9 Manchester Ave, Unit 1 Maria | 9 Manchester Ave | 1BR,1BA | $1.33 |
| 266 E 54th St, Unit House | 266 E 54th St | 1BR,1BA | $1.70 |
| 232 Haledon Ave, Unit 3 | 232 Haledon Ave | 1BR,1BA | $1.45 |
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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.
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
Getting Around Paterson, NJ
Walk Score®
82 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
47 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
52 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,730.
What is the price of a cheap apartment in Paterson?
The cheapest apartment in Paterson is Freedom Village Senior 55+ which is listed at $1,398, while the average apartment in Paterson costs $3,144.
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 32 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 $495 which is $2,649 cheaper than the average rent for all rentals in Paterson.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.