Cheap Apartments for Rent in the Great Falls Neighborhood of Paterson, NJ from $900 (8 Rentals)

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

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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
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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
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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

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 1 Bed unit found at Freedom Village Senior 55+ priced from $1,398. 324,339 and 431 Broadway has the second lowest priced unit, which is a Studio apartment currently listed from $1,450. Here are the most affordable Great Falls apartments for rent in Paterson, NJ:

Apartment ListingModel NameBed/BathPriced From
Freedom Village Senior 55+1 Bedroom1BR,1BA$1,398
324,339 and 431 Broadway324 BroadwayStudio,1BA$1,450
Mill Street SquareOne Bedroom (Income Minium and Maximum Apply)1BR,1BA$1,799

Best Value Apartments for Rent in Great Falls, NJ

As of February 05, 2026 the best value apartment in the Great Falls area is the $1.63 price per square foot 195 Preakness Ave Model at 195 Preakness Ave, Unit 3 in the in the Stoney Road neighborhood starting from $2,000. The second greatest value Great Falls apartment is the 194 Mill St Model at 194 Mill St, Unit 1 starting at $1,500 with a $1.22 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.
195 Preakness Ave, Unit 3195 Preakness Ave3BR,1BA$1.63
194 Mill St, Unit 1194 Mill St1BR,1BA$1.22
109 E Main St, Unit 1109 E Main St3BR,1BA$1.90
242 Union Ave, Unit FIRST FLOOR FRONT242 Union Ave1BR,1BA$1.60
101 Lily St, Unit 2nd Flr101 Lily St2BR,1BA$2.50
Freedom Village Senior 55+1 Bedroom1BR,1BA$2.08
Mill Street SquareOne Bedroom (Income Minium and Maximum Apply)1BR,1BA$2.99
324,339 and 431 Broadway324 BroadwayStudio ,1BA$3.37

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.

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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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Frequently Asked Questions about Cheap Great Falls Apartments

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

The cheapest apartment in Great Falls is Freedom Village Senior 55+ which is listed at $1,398, while the average apartment in Great Falls costs $2,700.

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 5 regular apartments in Great Falls that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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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.

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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.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.