329 Wagaraw Rd
HawthorneNJ07506
Cheap Homes for Rent in Paterson, NJ from $900 (26 Rentals)
Search the lowest-cost Homes available for rent right now in Paterson.
329 Wagaraw Rd
HawthorneNJ07506
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260 Grand St
PatersonNJ07501
351 Grand St, Unit 2nd floor
351 Grand St
PatersonNJ07505
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.
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29 Leonard St
North HaledonNJ07508
401 River St
PatersonNJ07524
256 N 4th St
PatersonNJ07522
256 N 4th St
PatersonNJ07522
12-72-72 5th St
Fair LawnNJ07410
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.
219 Haledon Ave
PatersonNJ07522
504 Grace
GarfieldNJ07026
504 Grace Ave
GarfieldNJ07026
36 N 8th St
PatersonNJ07522
256 Ackerman Ave, Unit 1
256 Ackerman Ave
CliftonNJ07011
262 Parker Ave
CliftonNJ07011
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.
309 E 22nd St
PatersonNJ07514
171 Lincoln Ave
Fair LawnNJ07410
10 Mahar Ave
CliftonNJ07011
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.
235 Spring St
PatersonNJ07503
237 Spring St
PatersonNJ07503
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101 Butler St
PatersonNJ07524
329 W Broadway
PatersonNJ07522
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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 | $2,368 | $1,600 | $3,600 |
| Paterson 3 Bedroom Homes for Rent | $3,315 | $2,100 | $6,500 |
| Paterson 4 Bedroom Homes for Rent | $3,895 | $2,400 | $4,900 |
| Paterson 5 Bedroom Homes for Rent | $5,575 | $3,300 | $9,000 |
Browse Top Homes for Rent in Paterson
Explore Paterson
Paterson, NJ Local Guide
- Paterson Neighborhoods
- Nearby Cities
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- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Paterson, NJ
Pricing Updated: 07/09/2025Current apartment rentals in the Paterson, NJ area range in price from $1,300 to $5,655 with an overall median price of $3,008. The three Paterson neighborhoods with the lowest median rent pricing are Old Great Falls Historic District at $1,816, Eastside at $1,300, and Peoples Park at $1,300. 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 |
|---|---|---|---|
| Old Great Falls Historic District | $2,475 | $1,816 | 6 |
| Eastside | $2,500 | $1,300 | 25 |
| Peoples Park | $2,500 | $1,300 | 28 |
| Sandy Hill | $2,500 | $1,300 | 31 |
| Stoney Road | $2,600 | $1,300 | 32 |
| Downtown Paterson | $3,100 | $1,398 | 13 |
| Great Falls | $3,100 | $1,300 | 27 |
| Hillcrest | $3,100 | $1,300 | 62 |
| Totowa | $3,100 | $1,600 | 19 |
| Wrigley Park | $3,100 | $1,300 | 32 |
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 $1,300. 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 | $1,300 |
| 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 |
| Kent Village | 1 bedroom | 1BR,1BA | $1,605 |
| Valley View Apartments | Type B | 1BR,1BA | $1,657 |
| 261 Marshall St | 203/204 | 1BR,1BA | $1,800 |
Best Value Apartments for Rent in Paterson, NJ
As of July 09, 2025 the best value apartment in the Paterson area is the $0.23 price per square foot 318 21st Ave Model at 318 21st Ave, Unit 304 in the in the Stoney Road neighborhood starting from $2,300. 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 | 2BR,1BA | $0.23 |
| 217 21st Ave, Unit 1 | 217 21st Ave | 2BR,1BA | $0.18 |
| 352 Van Houten St, Unit 352 Van Houten St | 352 Van Houten St | 2BR,1BA | $0.90 |
| Sunset Ridge at Totowa | Two Bedroom | 2BR,2BA | $1.73 |
| 75 Jersey St, Unit 75 B | 75 Jersey St | 2BR,1BA | $1.64 |
| The Godwin Lofts | 2 BR LR | 2BR,1BA | $2.09 |
| 217 College Blvd, Unit 2 Bedroom Apartment | 217 College Blvd | 2BR,1BA | $1.45 |
| 680 Belmont Ave, Unit #2 | 680 Belmont Ave | 1BR,1BA | $1.90 |
| Kent Village | 1 bedroom | 1BR,1BA | $2.05 |
| Freedom Village Senior 55+ | 1 Bedroom | 1BR,1BA | $2.08 |
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 795 Apartments for Rent in Paterson, NJ with pricing that ranges from $1,300 to $5,816. There are also 96 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paterson ranging from $950 to $9,000.
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 $9,000 with an average monthly rent of $3,304.
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 $2,200 to $5,655, 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 $2,250.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
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.