
Cheap Homes for Rent in Paterson, NJ from $1,100 (56 Rentals)
Search the lowest-cost Homes available for rent right now in Paterson.


54 Sassafras St

565-E26 E 26th St, Unit 3

562 Summer St

46 E Main St

76-78-78 Market St, Unit 2

67 Jersey St, Unit Apt 3

154 Hamilton Ave, Unit 202

148 Clinton St, Unit 2

551 Summer St, Unit 2R
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.

96 16th Ave, Unit 505

324 Market St, Unit 402

146 Hamilton Ave, Unit 203

146 Hamilton Ave, Unit 202

29 Park Ave, Unit 2R

25 Oak St, Unit BS

288 Rosa Parks Blvd, Unit 52

49 Haledon Ave, Unit 3

188 Lafayette St, Unit 413

171 Godwin Ave, Unit 3
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.

762 Main St

58 Westervelt Ave

58 Westervelt Ave

67 12th Ave

117 Hamilton Ave, Unit 302

118 Sheridan Ave

52-54-54 Lafayette St, Unit 54-2F

7 Belmont Ave

94 N Main St, Unit 1

104 Union Ave, Unit 2
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.

139 Ray St, Unit 2

78 N 5th St

36 Auburn St, Unit 5

74 Plauderville Ave

98 President St

172 N Main St, Unit 3

169 16th Ave, Unit 303

39 E 39th St, Unit 2L

48 Essex St, Unit 1R

86 N 7th St, Unit 1
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.

44 Burgh Ave, Unit 1-S

54 Pearl St, Unit 204

19 Linda Vista Ave

172 N Main St, Unit 5

238 Sherman St

235-247 Dakota St

40 12th Ave, Unit 6

113 12th Ave, Unit 201

144 Lawrence St

19 White St
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.
Paterson, NJ Local Guide

How much does it cost to rent a home in Paterson?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Paterson 2 Bedroom Homes for Rent | $2,391 | $1,100 | $3,899 |
| Paterson 3 Bedroom Homes for Rent | $2,858 | $1,800 | $4,300 |
| Paterson 4 Bedroom Homes for Rent | $3,699 | $2,800 | $5,100 |
| Paterson 5 Bedroom Homes for Rent | $5,300 | $3,000 | $7,950 |
| Paterson 6 Bedroom Homes for Rent | $6,850 | $6,850 | $6,850 |
Browse Top Homes for Rent in Paterson
Explore Paterson
Paterson, NJ Local Guide
- Paterson Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Paterson, NJ
Pricing Updated: 07/09/2026Current apartment rentals in the Paterson, NJ area range in price from $1,200 to $4,300 with an overall median price of $2,839. The three Paterson neighborhoods with the lowest median rent pricing are Old Great Falls Historic District at $1,450, Peoples Park at $1,395, and Riverside at $1,200. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Paterson Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Old Great Falls Historic District | $2,447 | $1,450 | 2 |
| Peoples Park | $2,500 | $1,395 | 13 |
| Riverside | $2,500 | $1,200 | 12 |
| Eastside | $2,800 | $1,395 | 16 |
| Eastside Park | $2,800 | $1,875 | 8 |
| Manor | $2,800 | $1,875 | 8 |
| Sandy Hill | $2,800 | $1,395 | 20 |
| South Paterson | $2,950 | $1,395 | 10 |
| Downtown Paterson | $3,000 | $1,400 | 14 |
| Great Falls | $3,000 | $1,395 | 20 |
Cheapest Available Paterson Apartments for Rent
 The cheapest available apartment rental in Paterson, NJ is a 1 Bed unit found at Valley View Apartments in the Stoney Road neighborhood priced from $1,673. Fairlawn Properties in the Southeast Ridgewood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,695. Here is today’s list of the most affordable Paterson apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Valley View Apartments | Type A | 1BR,1BA | $1,673 |
| Fairlawn Properties | 3 Room 1 Bedroom | 1BR,1BA | $1,695 |
| 118 East 24th St Apartments | 1 Bd/ 1 Ba | 1BR,1BA | $1,700 |
| Kent Village | A1 | 1BR,1BA | $1,750 |
Best Value Apartments for Rent in Paterson, NJ
As of July 09, 2026 the best value apartment in the 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 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 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 |
| Sunset Ridge at Totowa | Two Bedroom | 2BR,2BA | $1.73 |
| 482 10th Ave, Unit 2 Floor Apartment | 482 10th Ave | 2BR,1BA | $1.83 |
| 474 Ellison St, Unit Apt 2 | 474 Ellison St | 2BR,1BA | $1.75 |
| 417 Straight St, Unit Large Bright 3BR Apartmen | 417 Straight St | 3BR,1BA | $1.77 |
| 59-63 Courtland St | 2 Bedroom | 2BR,1BA | $2.00 |
| 2 Ann Pl, Unit 2 Ann Place Paterson NJ | 2 Ann Pl | 1BR,1BA | $1.70 |
| 46 Outwater Ln, Unit 1 | 46 Outwater Ln | 2BR,1BA | $2.00 |
| 74 Plauderville Ave, Unit 3 | 74 Plauderville Ave | 1BR,1BA | $1.83 |
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 ArticleReal 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.
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.
Paterson, NJPopulation: 145,627
Ranked #181
in US Census Population by City
Pet Friendly Lifestyle
Ranked #
Among cities in New Jersey for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
Pet Friendly
Best Local Schools in Paterson, NJ
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Paterson, NJ Rentals by Map
See the most popular apartments and homes in Paterson, NJ
Frequently Asked Questions about Paterson
What type of rentals are currently available in Paterson?
There are currently 865 Apartments for Rent in Paterson, NJ with pricing that ranges from $1,300 to $5,320. There are also 135 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paterson ranging from $1,100 to $7,950.
What is the current price range for Rental Homes in Paterson?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Paterson ranges from $1,100 to $7,950 with an average monthly rent of $3,695.
How much are larger Three and Four Bedroom Rentals in Paterson?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Paterson range from $1,700 to $5,320, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $4,300. Four Bedroom Single-Family rentals are also available starting from $2,800 and Four Bedroom Apartments start at $2,200.
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.