38 Mill St
PatersonNJ07501
Cheap Homes for Rent in Great Falls Neighborhood of Paterson, NJ from $1,200 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Great Falls area of Paterson.
76-78-78 Market St, Unit 1, Unit 1
76-78-78 Market St
PatersonNJ07505
562 Summer St
PatersonNJ07501
275 Main St
PatersonNJ07505
207 Redwood Ave
PatersonNJ07522
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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$1,6501 Bedroom Apartments Available Now
173 Sherman Ave, Unit 22
173 Sherman AvePaterson, NJ 07502
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$1,7002 Bedroom Apartments Available Now
71-73-73 N Main St, Unit 5
71-73-73 N Main StPaterson, NJ 07505
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$1,7002 Bedroom Apartments Available Now
71-73-73 N Main St, Unit 3
71-73-73 N Main StPaterson, NJ 07505
541 Union Ave, Unit 2, Unit 2
541 Union Ave
PatersonNJ07522
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$1,825Studio Apartments Available May 1
59 Pearl St, Unit 101
59 Pearl StPaterson, 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.
78 N 5th St
PatersonNJ07522
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Great Falls, Paterson, NJ Local Guide
How much does it cost to rent a home in Great Falls?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Great Falls 2 Bedroom Homes for Rent | $1,992 | $1,550 | $2,500 |
| Great Falls 3 Bedroom Homes for Rent | $2,435 | $2,000 | $2,900 |
| Great Falls 4 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
| Great Falls 5 Bedroom Homes for Rent | $3,100 | $3,100 | $3,100 |
| Great Falls 6 Bedroom Homes for Rent | $4,800 | $4,800 | $4,800 |
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 11 rentals with your search options within a 1 mile radius of the Great Falls Neighborhood of Paterson, NJ.
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Great Falls, Paterson, NJ Local Guide
- Nearby Paterson neighborhoods
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Freedom Village Senior 55+ | 1 Bedroom | 1BR,1BA | $1,398 |
| 324,339 and 431 Broadway | 324 Broadway | Studio,1BA | $1,450 |
| Valley View Apartments | Type A | 1BR,1BA | $1,606 |
| Mill Street Square | One Bedroom (Income Minium and Maximum Apply) | 1BR,1BA | $1,816 |
| 11 Courtland St | 2 Beds, 1 bath | 2BR,1BA | $1,950 |
Best Value Apartments for Rent in Great Falls, NJ
As of April 24, 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 96 Montgomery St Model at 96 Montgomery St, Unit Unit 2 starting at $2,900 with a $1.16 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 217 21st Ave, Unit 1 | 217 21st Ave | 2BR,1BA | $0.17 |
| 96 Montgomery St, Unit Unit 2 | 96 Montgomery St | 3BR,2BA | $1.16 |
| 230 Union Ave, Unit 2nd Floor | 230 Union Ave | 3BR,1BA | $1.59 |
| 24 Don Bosco Ave, Unit Unit #2 | 24 Don Bosco Ave | 2BR,1BA | $1.89 |
| 194 Mill St, Unit 1 | 194 Mill St | 1BR,1BA | $1.30 |
| 217 College Blvd, Unit 3 Bedroom Apartment | 217 College Blvd | 3BR,1BA | $1.98 |
| 242 Union Ave, Unit FIRST FLOOR FRONT | 242 Union Ave | 1BR,1BA | $1.60 |
| 11 Courtland St | 2 Beds, 1 bath | 2BR,1BA | $2.17 |
| Valley View Apartments | Type A | 1BR,1BA | $2.05 |
| Freedom Village Senior 55+ | 1 Bedroom | 1BR,1BA | $2.08 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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.
Read ArticleThe 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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Best Local Schools in Great Falls, Paterson, NJ
John F. Kennedy High School
Paterson Public School District
Public School - Grades 9-12 (2053)
1 out of 10
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 285 Apartments for Rent in Great Falls, NJ with pricing that ranges from $1,250 to $3,000. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Great Falls ranging from $1,250 to $4,800.
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 $1,250 to $4,800 with an average monthly rent of $2,788.
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
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.
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.
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.