Cheap Homes for Rent in the Great Falls Neighborhood of Paterson, NJ from $1,300 (38 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 48 Essex St

$1,695

Total Monthly Price

Total Monthly Price

Base Rent
$1,695
Total Monthly Price
$1,695

3 Bedroom, 1 Bath Home for Rent

Available Now

48 Essex St, Unit 1R

48 Essex St
PatersonNJ07501

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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property at 172 N Main St

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850
Total Monthly Price
$1,850

2 Bedroom, 1 Bath Condo for Rent

Available Now

172 N Main St, Unit 3

172 N Main St
PatersonNJ07522

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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property at 172 N Main St

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950
Total Monthly Price
$1,950

3 Bedroom, 1 Bath Condo for Rent

Available Now

172 N Main St, Unit 5

172 N Main St
PatersonNJ07522
property at 144 Lawrence St

$1,999

Total Monthly Price

Total Monthly Price

Base Rent
$1,999
Total Monthly Price
$1,999

3 Bedroom, 1 Bath Home for Rent

Available Now

144 Lawrence St

PatersonNJ07501

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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property at 90 Rossiter Ave

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000
Total Monthly Price
$2,000

2 Bedroom, 1 Bath Home for Rent

Available Aug 1

90 Rossiter Ave

PatersonNJ07502
Showing Results 1-38, Page 1 of 1

Great Falls, Paterson, NJ Local Guide

Cheapest Available Great Falls Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Mill Street SquareOne Bedroom/1 bath (Grandparents Raising Grandchil1BR,1BA$1,626
Valley View ApartmentsType A1BR,1BA$1,673

Best Value Apartments for Rent in Great Falls, NJ

As of July 23, 2026 the best value apartment in the Great Falls area is the $1.89 price per square foot 24 Don Bosco Ave Model at 24 Don Bosco Ave, Unit #2 in the in the Stoney Road neighborhood starting from $2,600. The second greatest value Great Falls apartment is the Type A Model at Valley View Apartments starting at $1,673 with a $2.14 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.
24 Don Bosco Ave, Unit #224 Don Bosco Ave2BR,1BA$1.89
Valley View ApartmentsType A1BR,1BA$2.14
58 Arlington Ave, Unit Basement Apartment in Hillcrest Paterson58 Arlington Ave2BR,1BA$2.29
Mill Street SquareOne Bedroom/1 bath (Grandparents Raising Grandchil1BR,1BA$2.70

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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Best Local Schools in
Great Falls, Paterson, NJ

School data provided by Great Schools

Frequently Asked Questions about Great Falls

What type of rentals are currently available in Great Falls?

There are currently 267 Apartments for Rent in Great Falls, NJ with pricing that ranges from $1,300 to $3,000. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Great Falls ranging from $1,395 to $3,000.

What is the current price range for Rental Homes in Great Falls?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Great Falls ranges from $1,395 to $3,000 with an average monthly rent of $2,433.

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 Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.