
Cheap Homes for Rent in Paterson, NJ from $1,500 (27 Rentals)
Search the lowest-cost Homes available for rent right now in Paterson.


260 Grand St

171 Godwin Ave

87 Miller Ave

375 Southside 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.

659 Lafayette Ave

504 Grace

504 Grace Ave

1007 Unicorn Way

36 N 8th St

10 Mahar Ave

51 Sassafras St

908 River Dr

381 Lanza Ave

116 Market St

112 Coral St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

235 Spring St

237 Spring St

36 Scudder St

50 Chobot Ln

3 Sunset Dr
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

655 Crooks Ave

237 5th Ave

83 Jersey St
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 | $2,567 | $1,600 | $3,625 |
Paterson 3 Bedroom Homes for Rent | $3,153 | $2,100 | $6,500 |
Paterson 4 Bedroom Homes for Rent | $4,208 | $2,400 | $6,200 |
Paterson 5 Bedroom Homes for Rent | $4,200 | $4,200 | $4,200 |
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: 05/25/2025Current apartment rentals in the Paterson, NJ area range in price from $1,275 to $6,245 with an overall median price of $3,394. The three Paterson neighborhoods with the lowest median rent pricing are Sandy Hill at $1,275, Stoney Road at $1,275, and Great Falls at $1,275. 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 |
---|---|---|---|
Sandy Hill | $2,585 | $1,275 | 104 |
Stoney Road | $2,659 | $1,275 | 55 |
Great Falls | $2,750 | $1,275 | 51 |
Totowa | $2,850 | $1,275 | 42 |
Peoples Park | $2,950 | $1,275 | 93 |
Hillcrest | $3,000 | $1,275 | 80 |
Eastside Park | $3,140 | $1,398 | 53 |
Manor | $3,300 | $1,275 | 128 |
Wrigley Park | $3,845 | $1,275 | 115 |
Eastside | $3,858 | $1,275 | 109 |
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 $1,150. 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 | 339 Broadway | Studio,1BA | $1,150 |
Freedom Village Senior 55+ | 1 Bedroom | 1BR,1BA | $1,398 |
59-63 Courtland St | Studio | Studio,1BA | $1,550 |
Martha Washington Apartments | One Bedroom Small | 1BR,1BA | $1,595 |
42-52 Essex St | One Bedroom | 1BR,1BA | $1,650 |
Kent Village | 1 bedroom | 1BR,1BA | $1,750 |
Best Value Apartments for Rent in Paterson, NJ
As of May 25, 2025 the best value apartment in the Paterson area is the $1.32 price per square foot 160 6th Ave Model at 160 6th Ave, Unit 2nd Floor Apartment in the in the Maple Valley neighborhood starting from $3,950. The second greatest value Paterson apartment is the 22 John St Model at 22 John St, Unit 2 floor starting at $2,200 with a $0.87 price per square foot in the Lakeview 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. |
---|---|---|---|
160 6th Ave, Unit 2nd Floor Apartment | 160 6th Ave | 4BR,4BA | $1.32 |
22 John St, Unit 2 floor | 22 John St | 2BR,1BA | $0.87 |
274 Getty Ave, Unit 1 | 274 Getty Ave | 3BR,1BA | $1.10 |
193 Temple St | 193 Temple St | 3BR,1BA | $1.47 |
76 Renaissance Dr, Unit 2nd Floor | 76 Renaissance Dr | 3BR,2BA | $1.88 |
Sunset Ridge at Totowa | Two Bedroom | 2BR,2BA | $1.73 |
75 Jersey St, Unit 75 B | 75 Jersey St | 2BR,1BA | $1.79 |
38 Lanza Ave, Unit 1 | 38 Lanza Ave | 1BR,1BA | $1.54 |
18 N 7th St, Unit 1 | 18 N 7th St | 3BR,1BA | $2.00 |
13 Brinkerhoff Pl, Unit 2 | 13 Brinkerhoff Pl | 3BR,1BA | $1.75 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Paterson
What type of rentals are currently available in Paterson?
There are currently 810 Apartments for Rent in Paterson, NJ with pricing that ranges from $1,275 to $5,712. There are also 90 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paterson ranging from $1,500 to $6,500.
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 $1,500 to $6,500 with an average monthly rent of $3,183.
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 $1,750 to $5,585, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $6,500. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $2,500.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.