
Cheap Homes for Rent in Paterson, NJ from $900 (41 Rentals)
Search the lowest-cost Homes available for rent right now in Paterson.


329 Wagaraw Rd

78 Market St

661 E 23rd St

105 Warren St

388 12th Ave

46 Jefferson St

176 Shaw 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.

334 Midland Ave

193 E 25th St

70 Main St

176 Shaw St

176 Shaw St

56 Charles St

255-257 E 16th St

45 3rd Ave
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.

309 Mt Pleasant Ave

518-520 E 23rd St

1131 Main St

34 E 7th St

355 Elm St

13 Knapp Ave

13 Knapp Ave

235 N 7th St
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.

163 E 22nd St

19 White St

986 Madison Ave

512 Union Ave

449 Taft Ave

172 N Main St

145 Parker Ave

39 E 39th 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.

256 E 7th St

79 Struyk Ave

412 Banta Ave

288 N 6th St

30 Oak St

110 16th Ave

1133 Goffle Rd

32 Murray Ave
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.

110 16th Ave
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 | $2,448 | $1,700 | $3,899 |
| Paterson 3 Bedroom Homes for Rent | $3,177 | $1,995 | $5,200 |
| Paterson 4 Bedroom Homes for Rent | $4,119 | $2,600 | $6,000 |
| Paterson 5 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
| Paterson 6 Bedroom Homes for Rent | $5,000 | $5,000 | $5,000 |
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: 01/25/2026Current apartment rentals in the Paterson, NJ area range in price from $1,650 to $6,000 with an overall median price of $3,563. The three Paterson neighborhoods with the lowest median rent pricing are Riverside at $1,750, Eastside at $1,900, and Sandy Hill at $1,900. 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 |
|---|---|---|---|
| Riverside | $2,500 | $1,750 | 12 |
| Eastside | $2,850 | $1,900 | 11 |
| Sandy Hill | $2,850 | $1,900 | 14 |
| Peoples Park | $2,900 | $2,000 | 9 |
| Downtown Paterson | $3,000 | $1,650 | 12 |
| Wrigley Park | $3,000 | $1,650 | 23 |
| Eastside Park | $3,200 | $1,900 | 11 |
| Old Great Falls Historic District | $3,200 | $2,150 | 6 |
| Lakeview | $3,250 | $1,900 | 10 |
| Manor | $3,275 | $1,750 | 17 |
Cheapest Available Paterson Apartments for Rent
 The cheapest available apartment rental in Paterson, NJ is a 1 Bed unit found at Freedom Village Senior 55+ in the Stoney Road neighborhood priced from $1,398. 324,339 and 431 Broadway in the Stoney Road neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,450. Here is today’s list of the most affordable Paterson apartments for rent:
| 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 |
| Martha Washington Apartments | One Bedroom Small | 1BR,1BA | $1,595 |
| Fairlawn Properties | 3 Room 1 Bedroom | 1BR,1BA | $1,695 |
| Kent Village | 1 Bedroom | 1BR,1BA | $1,750 |
| Mill Street Square | One Bedroom (Income Minium and Maximum Apply) | 1BR,1BA | $1,799 |
| Hawthorne Garden | 1BD/1BA Upgraded Units | 1BR,1BA | $1,850 |
| Hollow Run at Fair Lawn | 3 Room 1 Bedroom | 1BR,1BA | $1,850 |
Best Value Apartments for Rent in Paterson, NJ
As of January 25, 2026 the best value apartment in the Paterson area is the $1.83 price per square foot $3.20/sq.ft. - The Hunterdon Model at Fair Lawn Commons in the in the Southeast Ridgewood neighborhood starting from $3,395. The second greatest value Paterson apartment is the 20 Amity St Model at 20 Amity St, Unit 1A starting at $1,800 with a $1.07 price per square foot in the Wrigley Park 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. |
|---|---|---|---|
| Fair Lawn Commons | $3.20/sq.ft. - The Hunterdon | 2BR,2BA | $1.83 |
| 20 Amity St, Unit 1A | 20 Amity St | 1BR,1BA | $1.07 |
| 96 Curie Ave, Unit First Floor | 96 Curie Ave | 2BR,1BA | $1.44 |
| Sunset Ridge at Totowa | Two Bedroom | 2BR,2BA | $1.73 |
| 59 Lincoln Ave, Unit 201 | 59 Lincoln Ave | 2BR,1BA | $2.04 |
| 372 Gilbert Ave, Unit #2 | 372 Gilbert Ave | 3BR,1BA | $2.00 |
| 13 Brinkerhoff Pl, Unit 2 | 13 Brinkerhoff Pl | 3BR,1BA | $1.80 |
| 46 Outwater Ln, Unit 1 | 46 Outwater Ln | 2BR,1BA | $2.00 |
| 59-63 Courtland St | 2 Bedroom | 2BR,1BA | $2.15 |
| Freedom Village Senior 55+ | 1 Bedroom | 1BR,1BA | $2.08 |
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.
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 850 Apartments for Rent in Paterson, NJ with pricing that ranges from $1,350 to $5,020. There are also 153 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paterson ranging from $950 to $6,000.
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 $6,000 with an average monthly rent of $3,301.
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 $5,020, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,995 to $5,200. Four Bedroom Single-Family rentals are also available starting from $2,600 and Four Bedroom Apartments start at $2,500.
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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.