329 Wagaraw Rd
HawthorneNJ07506
Cheap Homes for Rent in Paterson, NJ from $1,000 (45 Rentals)
Search the lowest-cost Homes available for rent right now in Paterson.
38 Mill St
PatersonNJ07501
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$1,4501 Bedroom Apartments Available Now
67 Jersey St, Unit Apt 3
67 Jersey StPaterson, NJ 07501
562 Summer St
PatersonNJ07501
76-78-78 Market St, Unit 1, Unit 1
76-78-78 Market St
PatersonNJ07505
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$1,550Studio Apartments Available Now
8-10 Godwin Ave, Unit 302
8-10 Godwin AvePaterson, NJ 07501
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$1,550Studio Apartments Available Now
159-161 12th Ave, Unit 202
159-161 12th AvePaterson, NJ 07501
95 Norwood St
HaledonNJ07508
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$1,6501 Bedroom Apartments Available Now
173 Sherman Ave, Unit 22
173 Sherman AvePaterson, NJ 07502
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 Jun 1
49 Haledon Ave, Unit 3
49 Haledon AvePaterson, NJ 07522
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$1,7002 Bedroom Apartments Available Now
83-85 Carroll St, Unit 2
83-85 Carroll StPaterson, NJ 07501
193 Lafayette Ave
HawthorneNJ07506
102 N 3rd St, Unit 2A, Unit 2A
102 N 3rd St
PatersonNJ07522
762 Main St
PatersonNJ07503
58 Westervelt Ave
HawthorneNJ07506
58 Westervelt Ave
HawthorneNJ07506
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$1,7252 Bedroom Apartments Available Now
288 Rosa Parks Blvd, Unit 30
288 Rosa Parks BlvdPaterson, NJ 07501
48 Essex St, Unit 1R, Unit 1R
48 Essex St
PatersonNJ07501
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.
25 Oak St, Unit BS, Unit BS
25 Oak St
PatersonNJ07501
78 N 5th St
PatersonNJ07522
286 N 6th St
Prospect ParkNJ07508
541 Union Ave, Unit 2, Unit 2
541 Union Ave
PatersonNJ07522
262 Grand St
PatersonNJ07501
45 3rd Ave
HawthorneNJ07506
119 Buffalo Ave
PatersonNJ07503
468 Lincoln Ave
HawthorneNJ07506
97 N 4th St, Unit 2, Unit 2
97 N 4th St
PatersonNJ07522
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.
48 Essex St, Unit 3R, Unit 3R
48 Essex St
PatersonNJ07501
172 N Main St, Unit 3, Unit 3
172 N Main St
PatersonNJ07522
23-05 High St
Fair LawnNJ07410
286 Broadway, Unit 2, Unit 2
286 Broadway
PatersonNJ07501
1131 Main St
PatersonNJ07503
680 Rifle Camp Rd
Woodland ParkNJ07424
172 N Main St, Unit 5, Unit 5
172 N Main St
PatersonNJ07522
238 Sherman St
PassaicNJ07055
19 Linda Vista Ave
North HaledonNJ07508
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.
39 Struyk Ave
Prospect ParkNJ07508
39 E 39th St, Unit 2L, Unit 2L
39 E 39th St
PatersonNJ07514
19 White St
PatersonNJ07522
311 Buffalo Ave
PatersonNJ07503
12 Seeley St
PatersonNJ07501
838 Paulison Ave
CliftonNJ07011
838 Paulison Ave, Unit 2nd, Unit 2nd
838 Paulison Ave
CliftonNJ07011
38 Mill St
PatersonNJ07501
16 Cutler St
CliftonNJ07011
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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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 | $2,150 | $1,475 | $3,350 |
| Paterson 3 Bedroom Homes for Rent | $2,944 | $1,700 | $5,459 |
| Paterson 4 Bedroom Homes for Rent | $3,926 | $2,800 | $4,960 |
| Paterson 5 Bedroom Homes for Rent | $3,250 | $3,250 | $3,250 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Paterson
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Paterson, NJ Local Guide
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Cheapest Neighborhoods for Apartments in Paterson, NJ
Pricing Updated: 05/21/2026Current apartment rentals in the Paterson, NJ area range in price from $1,250 to $4,800 with an overall median price of $2,974. The three Paterson neighborhoods with the lowest median rent pricing are Stoney Road at $1,250, Great Falls at $1,450, and Old Great Falls Historic District at $1,450. 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 |
|---|---|---|---|
| Stoney Road | $2,375 | $1,250 | 44 |
| Great Falls | $2,400 | $1,450 | 37 |
| Old Great Falls Historic District | $2,450 | $1,450 | 10 |
| Downtown Paterson | $2,475 | $1,450 | 16 |
| Totowa | $2,675 | $1,450 | 32 |
| Peoples Park | $3,000 | $1,450 | 32 |
| Sandy Hill | $3,000 | $1,250 | 37 |
| Hillcrest | $3,075 | $1,250 | 87 |
| South Paterson | $3,075 | $1,637 | 22 |
| Riverside | $3,100 | $1,470 | 16 |
Cheapest Available Paterson Apartments for Rent
The cheapest available apartment rental in Paterson, NJ is a Studio unit found at 324,339 and 431 Broadway in the Stoney Road neighborhood priced from $1,450. Valley View Apartments in the Stoney Road neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,593. Here is today’s list of the most affordable Paterson apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 324,339 and 431 Broadway | 324 Broadway | Studio,1BA | $1,450 |
| Valley View Apartments | Type A | 1BR,1BA | $1,593 |
| Tudor Court | A1 | 1BR,1BA | $1,595 |
| Ralson Apartments | RESIDENCE TYPE A | 1BR,1BA | $1,637 |
| Fairlawn Properties | 3.5 Room 1 Bedroom | 1BR,1BA | $1,695 |
| Kent Village | A1 | 1BR,1BA | $1,750 |
| 35 McKinley | 1 BD | 1BR,1BA | $1,799 |
Best Value Apartments for Rent in Paterson, NJ
As of May 21, 2026 the best value apartment in the Paterson area is the $1.06 price per square foot 173 Slater St Model at 173 Slater St, Unit 2nd 3rd fl duplex apt in the in the Stoney Road neighborhood starting from $1,980. The second greatest value Paterson apartment is the 33 Glover Ave Model at 33 Glover Ave, Unit 2 starting at $2,400 with a $1.41 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. |
|---|---|---|---|
| 173 Slater St, Unit 2nd 3rd fl duplex apt | 173 Slater St | 3BR,1BA | $1.06 |
| 33 Glover Ave, Unit 2 | 33 Glover Ave | 3BR,1BA | $1.41 |
| Sunset Ridge at Totowa | Two Bedroom | 2BR,2BA | $1.73 |
| 24 Don Bosco Ave, Unit #2 | 24 Don Bosco Ave | 2BR,1BA | $1.89 |
| 51 Columbia Ave, Unit Apartment 2 | 51 Columbia Ave | 2BR,1BA | $1.69 |
| 500 W Broadway, Unit First Floor | 500 W Broadway | 2BR,1BA | $1.44 |
| 30 Arthur St | 30 Arthur St | 2BR,1BA | $1.83 |
| 207 Kearney St, Unit 1 | 207 Kearney St | 3BR,1BA | $1.91 |
| 680 Belmont Ave, Unit #2 | 680 Belmont Ave | 1BR,1BA | $1.90 |
| 242 Union Ave, Unit FIRST FLOOR FRONT | 242 Union Ave | 1BR,1BA | $1.60 |
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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Paterson, NJPopulation: 145,627
Ranked #181
in US Census Population by City
Best Local Schools in Paterson, NJ
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Frequently Asked Questions about Paterson
What type of rentals are currently available in Paterson?
There are currently 859 Apartments for Rent in Paterson, NJ with pricing that ranges from $1,250 to $5,320. There are also 112 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paterson ranging from $1,025 to $5,459.
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 $1,025 to $5,459 with an average monthly rent of $2,686.
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 $1,250 to $5,320, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $5,459. Four Bedroom Single-Family rentals are also available starting from $2,800 and Four Bedroom Apartments start at $2,470.
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
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.
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.