Cheap Apartments for Rent in the Great Falls Neighborhood of Paterson, NJ from $900 (28 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Great Falls area of Paterson.

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.

property at 59 Cedar St

$1,700 - $2,350

Studio To 2 Bedroom Rentals

Available Now

59 Cedar St

PatersonNJ07501
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Redwood Village
1 to 2 Bedroom Apartments

Redwood Village

311 Redwood AvePaterson, NJ 07522
  • Utilities Included
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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

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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Hospital Plaza
1 Bedroom Apartments

Hospital Plaza

200 Hospital PlzPaterson, NJ 07503
  • Utilities Included
property at 38 Mill St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

Studio, 1 Bath Townhome for Rent

Available Now

38 Mill St

PatersonNJ07501
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Colt Arms Apartments
Studio to 1 Bedroom Apartments

Colt Arms Apartments

18-56 Godwin StPaterson, NJ 07501
Senior Living
  • Utilities Included
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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

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.

property at 76-78-78 Market St

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Home for Rent

Available Now

76-78-78 Market St, Unit 1, Unit 1

76-78-78 Market St
PatersonNJ07505
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77-91 Park Ave
1 to 2 Bedroom Apartments

77-91 Park Ave

77-91 Park AvePaterson, NJ 07524
  • Utilities Included
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42-52 Essex St
1 to 3 Bedroom Apartments

42-52 Essex St

42-52 Essex StPaterson, NJ 07501
  • Utilities Included
property at 102 N 3rd St

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

3 Bedroom, 1 Bath Home for Rent

Available Now

102 N 3rd St, Unit 2A, Unit 2A

102 N 3rd St
PatersonNJ07522

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.

Great Falls, Paterson, NJ Local Guide

Cheapest Available Great Falls Apartments for Rent

 

The cheapest available apartment rental in the Great Falls area of Paterson, NJ is a Studio unit found at 324,339 and 431 Broadway priced from $1,450. Valley View Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,606. Here are the most affordable Great Falls apartments for rent in Paterson, NJ:

Apartment ListingModel NameBed/BathPriced From
324,339 and 431 Broadway324 BroadwayStudio,1BA$1,450
Valley View ApartmentsType A1BR,1BA$1,606
11 Courtland St2 Beds, 1 bath2BR,1BA$1,950

Best Value Apartments for Rent in Great Falls, NJ

As of May 08, 2026 the best value apartment in the Great Falls area is the $0.17 price per square foot 217 21st Ave Model at 217 21st Ave, Unit 1 in the in the Stoney Road neighborhood starting from $1,700. The second greatest value Great Falls apartment is the 28 Rossiter Ave Model at 28 Rossiter Ave, Unit Rossiter Home 2nd floor starting at $2,250 with a $0.72 price per square foot in the Stoney Road neighborhood. Here is today’s list of the best values for Great Falls apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
217 21st Ave, Unit 1217 21st Ave2BR,1BA$0.17
28 Rossiter Ave, Unit Rossiter Home 2nd floor28 Rossiter Ave2BR,1BA$0.72
96 Montgomery St, Unit Unit 296 Montgomery St3BR,2BA$1.16
173 Slater St, Unit 2nd 3rd fl duplex apt173 Slater St3BR,1BA$1.12
33 Glover Ave, Unit 233 Glover Ave3BR,1BA$1.41
230 Union Ave, Unit 2nd Floor230 Union Ave3BR,1BA$1.59
24 Don Bosco Ave, Unit Unit #224 Don Bosco Ave2BR,1BA$1.89
207 Kearney St, Unit 1207 Kearney St3BR,1BA$1.91
242 Union Ave, Unit FIRST FLOOR FRONT242 Union Ave1BR,1BA$1.60
163 Fair St, Unit B1163 Fair St1BR,1BA$1.39

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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Frequently Asked Questions about Cheap Great Falls Apartments

What is a cheap apartment in Great Falls?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Great Falls is under $1,950.

What is the price of a cheap apartment in Great Falls?

The cheapest apartment in Great Falls is 324,339 and 431 Broadway which is listed at $1,550, while the average apartment in Great Falls costs $2,425.

What types of apartments are the cheapest in Great Falls?

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 1 regular apartments in Great Falls 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 Great Falls?

Cheap apartments in Great Falls have an average cost of $156 which is $2,269 cheaper than the average rent for all rentals in Great Falls.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.