
Cheap Homes for Rent in Paterson, NJ from $900 (32 Rentals)
Search the lowest-cost Homes available for rent right now in Paterson.


329 Wagaraw Rd

213 Franklin St

78 Market St

193 E 25th St
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.

70 Main St

25 Sherman Ave

22 Norwood St

22 2nd Ave

309 Mt Pleasant Ave

8 Sewall Ave

255-257 E 16th St

176 Shaw St
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.

518-520 E 23rd St

176 Shaw St

179 Jackson St, Unit C

1157 Goffle Rd

163 E 22nd St

712 E 27th St
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.

19 White St

122 Buffalo Ave

201 4th St

81 Franklin St

235 Spring St

237 Spring St

409 E Phillip Ave
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.
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 | $2,325 | $1,800 | $3,500 |
| Paterson 3 Bedroom Homes for Rent | $3,155 | $2,000 | $5,000 |
| Paterson 4 Bedroom Homes for Rent | $3,560 | $2,600 | $5,300 |
| Paterson 5 Bedroom Homes for Rent | $4,450 | $3,500 | $5,400 |
Browse Top Homes for Rent in Paterson
Explore Paterson
Paterson, NJ Local Guide
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Cheapest Neighborhoods for Apartments in Paterson, NJ
Pricing Updated: 12/10/2025Current apartment rentals in the Paterson, NJ area range in price from $1,398 to $4,800 with an overall median price of $2,821. The three Paterson neighborhoods with the lowest median rent pricing are Great Falls at $1,398, Old Great Falls Historic District at $1,400, and Peoples Park 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 |
|---|---|---|---|
| Great Falls | $2,295 | $1,398 | 33 |
| Old Great Falls Historic District | $2,372 | $1,400 | 11 |
| Peoples Park | $2,500 | $1,450 | 37 |
| Downtown Paterson | $2,750 | $1,398 | 16 |
| Riverside | $2,800 | $1,398 | 16 |
| Lakeview | $2,900 | $1,500 | 40 |
| South Paterson | $2,900 | $1,500 | 28 |
| Eastside | $2,950 | $1,398 | 28 |
| Hillcrest | $2,950 | $1,398 | 83 |
| Sandy Hill | $2,950 | $1,398 | 41 |
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 $1,350. Freedom Village Senior 55+ in the Stoney Road neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,398. 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 | $1,350 |
| Freedom Village Senior 55+ | 1 Bedroom | 1BR,1BA | $1,398 |
| Lakeview Apartments | Studio | Studio,1BA | $1,500 |
| Martha Washington Apartments | One Bedroom Small | 1BR,1BA | $1,595 |
| Lafayette Park Apartments | Studio | Studio,1BA | $1,649 |
| Fairlawn Properties | 3 Room 1 Bedroom | 1BR,1BA | $1,695 |
| Kent Village | 1 Bedroom | 1BR,1BA | $1,750 |
Best Value Apartments for Rent in Paterson, NJ
As of December 10, 2025 the best value apartment in the Paterson area is the $1.29 price per square foot 129 Banta Ave Model at 129 Banta Ave, Unit 2 in the in the Lakeview neighborhood starting from $2,750. The second greatest value Paterson apartment is the 283 Linwood Ave Model at 283 Linwood Ave starting at $2,000 with a $1.00 price per square foot in the Great Falls 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. |
|---|---|---|---|
| 129 Banta Ave, Unit 2 | 129 Banta Ave | 2BR,2BA | $1.29 |
| 283 Linwood Ave | 283 Linwood Ave | 2BR,1BA | $1.00 |
| 251 Silleck St, Unit 2 | 251 Silleck St | 2BR,2BA | $1.61 |
| 20 Amity St, Unit 1A | 20 Amity St | 1BR,1BA | $1.07 |
| Sunset Ridge at Totowa | Two Bedroom | 2BR,2BA | $1.73 |
| 59 Lincoln Ave, Unit 201 | 59 Lincoln Ave | 2BR,1BA | $2.04 |
| 17 E 15th St, Unit 2 | 17 E 15th St | 3BR,1.5BA | $1.68 |
| 232 Haledon Ave, Unit 3 | 232 Haledon Ave | 1BR,1BA | $1.45 |
| 13 Brinkerhoff Pl, Unit 2 | 13 Brinkerhoff Pl | 3BR,1BA | $1.80 |
| 28 Degraw Ave, Unit 28 | 28 Degraw Ave | 1BR,1BA | $2.00 |
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 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.
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 843 Apartments for Rent in Paterson, NJ with pricing that ranges from $1,000 to $5,270. There are also 133 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paterson ranging from $950 to $5,400.
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 $950 to $5,400 with an average monthly rent of $3,044.
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 $1,795 to $5,220, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $5,000. Four Bedroom Single-Family rentals are also available starting from $2,600 and Four Bedroom Apartments start at $2,225.
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

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.





