46 E Main St
PatersonNJ07522
Cheap Homes for Rent in the Downtown Paterson Neighborhood of Paterson, NJ from $1,400 (15 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Paterson area of Paterson.
76-78-78 Market St, Unit 2
76-78-78 Market St
PatersonNJ07505
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$1,4501 Bedroom Apartments Available Now
67 Jersey St, Unit Apt 3
67 Jersey StPaterson, NJ 07501
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$1,450Studio Apartments Available Now
154 Hamilton Ave, Unit 202
154 Hamilton AvePaterson, NJ 07501
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$1,4751 Bedroom Apartments Available Now
148 Clinton St, Unit 2
148 Clinton StPaterson, NJ 07522
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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$1,500Studio Apartments Available Now
324 Market St, Unit 402
324 Market StPaterson, NJ 07501
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$1,5501 Bedroom Apartments Available Now
29 Park Ave, Unit 2R
29 Park AvePaterson, NJ 07501
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$1,550Studio Apartments Available Now
146 Hamilton Ave, Unit 202
146 Hamilton AvePaterson, NJ 07501
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$1,550Studio Apartments Available Now
146 Hamilton Ave, Unit 203
146 Hamilton AvePaterson, NJ 07501
25 Oak St, Unit BS
25 Oak St
PatersonNJ07501
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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$1,6501 Bedroom Apartments Available Now
49 Haledon Ave, Unit 3
49 Haledon AvePaterson, NJ 07522
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$1,7251 Bedroom Apartments Available Now
117 Hamilton Ave, Unit 302
117 Hamilton AvePaterson, NJ 07501
78 N 5th St
PatersonNJ07522
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$1,8002 Bedroom Apartments Available Now
94 N Main St, Unit 1
94 N Main StPaterson, NJ 07522
7 Belmont Ave
PatersonNJ07522
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.
Showing Results 1-15, Page 1 of 1
Downtown Paterson, Paterson, NJ Local Guide
How much does it cost to rent a home in Downtown Paterson?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Paterson 2 Bedroom Homes for Rent | $1,937 | $1,600 | $2,500 |
| Downtown Paterson 3 Bedroom Homes for Rent | $2,106 | $1,800 | $2,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Downtown Paterson Neighborhood of Paterson, NJ.
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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 |
|---|---|---|---|
| Mill Street Square | Two Bedroom (Income Minium and Maximum Apply) | 2BR,1BA | $2,170 |
Best Value Apartments for Rent in Downtown Paterson, NJ
As of July 09, 2026 the best value apartment in the Downtown Paterson area is the $0.19 price per square foot 71 Mill St Model at 71 Mill St, Unit 2 floor in the in the Stoney Road neighborhood starting from $1,900. The second greatest value Downtown Paterson apartment is the 379 Straight St Model at 379 Straight St, Unit Salam Rahman starting at $2,300 with a $1.15 price per square foot in the Stoney Road 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. |
|---|---|---|---|
| 71 Mill St, Unit 2 floor | 71 Mill St | 2BR,1BA | $0.19 |
| 379 Straight St, Unit Salam Rahman | 379 Straight St | 4BR,1BA | $1.15 |
| 4 Brown Ave, Unit Brown Ave | 4 Brown Ave | 4BR,1.5BA | $2.08 |
| 417 Straight St, Unit Large Bright 3BR Apartmen | 417 Straight St | 3BR,1BA | $1.77 |
| Mill Street Square | Two Bedroom (Income Minium and Maximum Apply) | 2BR,1BA | $2.55 |
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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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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Pet Friendly LifestyleDowntown Paterson, Paterson, NJ
Ranked #10
Among cities in New Jersey for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Paterson, Paterson, NJ
Norman S. Weir Elementary School
Paterson Public School District
Public School - Grades K-8 (272)
4 out of 10
Alexander Hamilton Academy
Paterson Public School District
Public School - Grades K-8 (439)
3 out of 10
School data provided by Great Schools
Frequently Asked Questions about Downtown Paterson
What type of rentals are currently available in Downtown Paterson?
There are currently 131 Apartments for Rent in Downtown Paterson, NJ with pricing that ranges from $1,450 to $3,000. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Paterson ranging from $1,400 to $3,000.
What is the current price range for Rental Homes in Downtown Paterson?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Paterson ranges from $1,400 to $3,000 with an average monthly rent of $2,117.
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
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.