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$1,3001 Bedroom Apartments Available Mar 1
97 Market St
97 Market StPaterson, NJ 07505
Cheap Apartments for Rent in the Downtown Paterson Neighborhood of Paterson, NJ from $1,000 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Paterson area of 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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$1,4001 Bedroom Apartments Available Now
78 Market St
78 Market StPaterson, NJ 07505
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Studio to 2 Bedroom Apartments
191 Market St
191 Market StPaterson, NJ 07505
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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1 to 3 Bedroom Apartments
Hamilton Square Residential
20 Mill StPaterson, NJ 07501
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Studio to 1 Bedroom Apartments
Colt Arms Apartments
18-56 Godwin StPaterson, NJ 07501
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1 to 2 Bedroom Apartments
Riverview Towers
125-145 Presidential BlvdPaterson, NJ 07522
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Studio to 3 Bedroom Apartments
44 Beech St
44 Beech StPaterson, NJ 07501
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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1 to 4 Bedroom Apartments
216 Straight St
216 Straight StPaterson, NJ 07501
Showing Results 1-9, Page 1 of 1
Downtown Paterson, Paterson, NJ Local Guide
How much does it cost to rent an apartment in Downtown Paterson?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Paterson Studio Apartments | $1,700 | $1,700 | $1,700 |
| Downtown Paterson 1 Bedroom Apartments | $1,638 | $1,300 | $1,900 |
| Downtown Paterson 2 Bedroom Apartments | $1,905 | $1,600 | $2,450 |
| Downtown Paterson 3 Bedroom Apartments | $2,295 | $1,875 | $3,000 |
| Downtown Paterson 4 Bedroom Apartments | $2,400 | $2,400 | $2,400 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Downtown Paterson Neighborhood of Paterson, NJ.
See all Apartments in PatersonExplore Paterson
Downtown Paterson, Paterson, NJ Local Guide
- Nearby Paterson neighborhoods
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Cheapest Available Downtown Paterson Apartments for Rent
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Freedom Village Senior 55+ | 1 Bedroom | 1BR,1BA | $1,398 |
| Mill Street Square | One Bedroom (Income Minium and Maximum Apply) | 1BR,1BA | $1,816 |
Best Value Apartments for Rent in Downtown Paterson, NJ
As of February 22, 2026 the best value apartment in the Downtown Paterson area is the $0.18 price per square foot 217 21st Ave Model at 217 21st Ave, Unit 1 in the in the Stoney Road neighborhood starting from $1,800. The second greatest value Downtown Paterson apartment is the 20 Amity St Model at 20 Amity St, Unit 1A starting at $1,800 with a $1.07 price per square foot in the Wrigley Park neighborhood. Here is today’s list of the best values for Downtown Paterson apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 217 21st Ave, Unit 1 | 217 21st Ave | 2BR,1BA | $0.18 |
| 20 Amity St, Unit 1A | 20 Amity St | 1BR,1BA | $1.07 |
| 194 Mill St | 194 Mill St | 2BR,1BA | $1.28 |
| Freedom Village Senior 55+ | 1 Bedroom | 1BR,1BA | $2.08 |
| Mill Street Square | One Bedroom (Income Minium and Maximum Apply) | 1BR,1BA | $3.02 |
| 202 N 1st St | 202 N 1st St | 2BR,1BA | $3.50 |
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.
Read ArticleCash 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.
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.
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Pet Friendly LifestyleDowntown Paterson, Paterson, NJ
Ranked #10
Among cities in New Jersey for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Downtown Paterson, Paterson, NJ
Norman S. Weir Elementary School
Paterson Public School District
Public School - Grades K-8 (262)
4 out of 10
Alexander Hamilton Academy
Paterson Public School District
Public School - Grades K-8 (508)
3 out of 10
School data provided by Great Schools
Frequently Asked Questions about Cheap Downtown Paterson Apartments
What is the price of a cheap apartment in Downtown Paterson?
The cheapest apartment in Downtown Paterson is Freedom Village Senior 55+ which is listed at $1,398, while the average apartment in Downtown Paterson costs $2,400.
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
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.
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.
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.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.