329 Wagaraw Rd
HawthorneNJ07506
Cheap Homes for Rent in Paterson, NJ from $1,000 (31 Rentals)
Search the lowest-cost Homes available for rent right now in Paterson.
329 Wagaraw Rd
HawthorneNJ07506
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$1,2501 Bedroom Apartments Available Now
210 Chamberlain Ave
210 Chamberlain AvePaterson, NJ 07502
38 Mill St
PatersonNJ07501
97 Market St, Unit 10
97 Market St
PatersonNJ07505
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$1,4501 Bedroom Apartments Available Now
67 Jersey St
67 Jersey StPaterson, NJ 07501
562 Summer 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.
275 Main St
PatersonNJ07505
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$1,6501 Bedroom Apartments Available Now
23 Pompton Rd
23 Pompton RdHaledon, NJ 07508
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$1,6501 Bedroom Apartments Available Now
173 Sherman Ave
173 Sherman AvePaterson, NJ 07502
356 Sherman St
PassaicNJ07055
102 N 3rd St, Unit 2A
102 N 3rd St
PatersonNJ07522
345 Sussex St
PatersonNJ07503
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$1,7503 Bedroom Apartments Available Now
171 Godwin Ave
171 Godwin AvePaterson, NJ 07501
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.
345 Sussex St
PatersonNJ07503
52 Essex St
PatersonNJ07501
46 Essex St
PatersonNJ07501
52 Essex St
PatersonNJ07501
46 Essex St
PatersonNJ07501
96 President St
PassaicNJ07055
385 Midland Ave, Unit 4
385 Midland Ave
GarfieldNJ07026
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.
334 Midland Ave
Saddle BrookNJ07663
286 N 6th St
Prospect ParkNJ07508
541 Union Ave, Unit 2
541 Union Ave
PatersonNJ07522
45 3rd Ave
HawthorneNJ07506
48 Essex St, Unit 3R
48 Essex St
PatersonNJ07501
97 N 4th St, Unit 2
97 N 4th St
PatersonNJ07522
286 Broadway, Unit 2
286 Broadway
PatersonNJ07501
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.
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$1,9001 Bedroom Apartments Available Now
22 Rudolph Ave
22 Rudolph AveElmwood Park, NJ 07407
518-520 E 23rd St
PatersonNJ07514
1131 Main St
PatersonNJ07503
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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 | $2,117 | $1,550 | $3,300 |
| Paterson 3 Bedroom Homes for Rent | $2,848 | $1,700 | $4,200 |
| Paterson 4 Bedroom Homes for Rent | $3,500 | $2,700 | $4,900 |
| Paterson 5 Bedroom Homes for Rent | $3,300 | $3,100 | $3,500 |
| Paterson 6 Bedroom Homes for Rent | $4,800 | $4,800 | $4,800 |
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: 04/01/2026Current apartment rentals in the Paterson, NJ area range in price from $1,250 to $4,800 with an overall median price of $3,458. The three Paterson neighborhoods with the lowest median rent pricing are Peoples Park at $1,550, Riverside at $1,900, and Old Great Falls Historic District at $1,250. 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 |
|---|---|---|---|
| Peoples Park | $2,095 | $1,550 | 16 |
| Riverside | $2,400 | $1,900 | 5 |
| Old Great Falls Historic District | $2,500 | $1,250 | 4 |
| Eastside | $2,800 | $1,550 | 18 |
| Sandy Hill | $2,800 | $1,250 | 20 |
| Downtown Paterson | $3,100 | $1,250 | 19 |
| Wrigley Park | $3,100 | $1,250 | 29 |
| Eastside Park | $3,300 | $1,900 | 12 |
| Manor | $3,300 | $1,900 | 11 |
| South Paterson | $3,575 | $1,550 | 11 |
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 |
| Valley View Apartments | Type A | 1BR,1BA | $1,606 |
| Fairlawn Properties | 3.5 Room 1 Bedroom | 1BR,1BA | $1,695 |
| Eldorado Village | 1BR LK(2) | 1BR,1BA | $1,700 |
Best Value Apartments for Rent in Paterson, NJ
As of April 01, 2026 the best value apartment in the Paterson area is the $0.19 price per square foot 318 21st Ave Model at 318 21st Ave, Unit 304 in the in the Stoney Road neighborhood starting from $1,850. The second greatest value Paterson apartment is the 217 21st Ave Model at 217 21st Ave, Unit 1 starting at $1,800 with a $0.18 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. |
|---|---|---|---|
| 318 21st Ave, Unit 304 | 318 21st Ave | 1BR,1BA | $0.19 |
| 217 21st Ave, Unit 1 | 217 21st Ave | 2BR,1BA | $0.18 |
| 354 Highland Ave | 354 Highland Ave | 3BR,1BA | $1.33 |
| Sunset Ridge at Totowa | Two Bedroom | 2BR,2BA | $1.73 |
| 247 Elm St, Unit #2 | 247 Elm St | 2BR,1BA | $1.92 |
| 194 Mill St, Unit 1 | 194 Mill St | 1BR,1BA | $1.30 |
| 46 Outwater Ln, Unit 1 | 46 Outwater Ln | 2BR,1BA | $2.00 |
| 680 Belmont Ave, Unit #2 | 680 Belmont Ave | 1BR,1BA | $1.90 |
| 59-63 Courtland St | 2 Bedroom | 2BR,1BA | $2.00 |
| 242 Union Ave | 242 Union Ave | 1BR,1BA | $1.60 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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.
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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.
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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 871 Apartments for Rent in Paterson, NJ with pricing that ranges from $675 to $5,120. There are also 114 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paterson ranging from $1,000 to $4,900.
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 $1,000 to $4,900 with an average monthly rent of $2,899.
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 $5,120, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $4,200. Four Bedroom Single-Family rentals are also available starting from $2,700 and Four Bedroom Apartments start at $2,400.
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
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.
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.