329 Wagaraw Rd
HawthorneNJ07506
Cheap Homes for Rent in Paterson, NJ from $900 (28 Rentals)
Search the lowest-cost Homes available for rent right now in Paterson.
275 Main St
PatersonNJ07505
275 Main St, Unit 3
275 Main St
PatersonNJ07505
125 Passaic Ave
HawthorneNJ07506
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446 Wagaraw Rd
Fair LawnNJ07410
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, Unit 4
275 Main St
PatersonNJ07505
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81 Savoy Pl
Prospect ParkNJ07508
25 Sherman Ave
PatersonNJ07502
256 N 4th St
PatersonNJ07522
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.
256 N 4th St
PatersonNJ07522
198 Banta Ave
GarfieldNJ07026
309 Mt Pleasant Ave
Woodland ParkNJ07424
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581 E 18th St
PatersonNJ07514
504 Grace
GarfieldNJ07026
504 Grace Ave
GarfieldNJ07026
36 N 8th St
PatersonNJ07522
1062 E 25th St, Unit 1064
1062 E 25th St
PatersonNJ07513
19 White St
PatersonNJ07522
The 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.
262 Parker Ave
CliftonNJ07011
176 Shaw St, Unit 3
176 Shaw St
GarfieldNJ07026
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10 Mahar Ave
CliftonNJ07011
101 Butler St
PatersonNJ07524
235 Spring St
PatersonNJ07503
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.
237 Spring 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 | $2,412 | $1,600 | $3,700 |
| Paterson 3 Bedroom Homes for Rent | $3,110 | $1,950 | $6,500 |
| Paterson 4 Bedroom Homes for Rent | $3,880 | $2,400 | $5,500 |
| Paterson 5 Bedroom Homes for Rent | $5,933 | $3,300 | $9,000 |
| Paterson 7 Bedroom Homes for Rent | $4,000 | $4,000 | $4,000 |
Browse Top Homes for Rent in Paterson
Explore Paterson
Paterson, NJ Local Guide
- Paterson Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Paterson, NJ
Pricing Updated: 08/29/2025Current apartment rentals in the Paterson, NJ area range in price from $1,398 to $5,940 with an overall median price of $3,412. The three Paterson neighborhoods with the lowest median rent pricing are Old Great Falls Historic District at $1,600, Eastside at $1,398, and Stoney Road at $1,398. 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 | $2,400 | $1,600 | 11 |
| Eastside | $2,500 | $1,398 | 12 |
| Stoney Road | $2,500 | $1,398 | 26 |
| Peoples Park | $2,700 | $1,450 | 18 |
| Sandy Hill | $2,700 | $1,398 | 20 |
| South Paterson | $2,700 | $1,500 | 17 |
| Downtown Paterson | $3,200 | $1,398 | 14 |
| Great Falls | $3,200 | $1,398 | 26 |
| Hillcrest | $3,200 | $1,398 | 51 |
| Totowa | $3,200 | $1,450 | 25 |
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. Martha Washington Apartments in the Maple Valley neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,595. 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 |
| Martha Washington Apartments | One Bedroom Small | 1BR,1BA | $1,595 |
| The Clifton Manor | 0BR/1.0BA | Studio,1BA | $1,650 |
| Kent Village | 1 bedroom | 1BR,1BA | $1,730 |
| Mill Street Square - 3318 | One Bedroom 80% | 1BR,1BA | $1,816 |
| Westmount Village | $2.56/sq.ft. - One Bedroom | 1BR,1BA | $1,840 |
Best Value Apartments for Rent in Paterson, NJ
As of August 30, 2025 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 JASON LANE Model at Belmont Estates Townhomes starting at $4,800 with a $1.71 price per square foot in the Preakness 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 |
| Belmont Estates Townhomes | JASON LANE | 3BR,2.5BA | $1.71 |
| 354 Highland Ave, Unit 3 second floor | 354 Highland Ave | 3BR,1BA | $1.33 |
| 66 Wood St, Unit 2 | 66 Wood St | 4BR,2BA | $1.70 |
| 242 Union Ave, Unit 1st Floor | 242 Union Ave | 3BR,2BA | $1.47 |
| 264 Union Ave, Unit 2 | 264 Union Ave | 3BR,1BA | $1.44 |
| Sunset Ridge at Totowa | Two Bedroom | 2BR,2BA | $1.73 |
| 112 Jackson Ave, Unit 1 | 112 Jackson Ave | 1BR,1BA | $1.54 |
| 266 E 54th St, Unit House | 266 E 54th St | 1BR,1BA | $1.70 |
| 232 Haledon Ave, Unit 3 | 232 Haledon Ave | 1BR,1BA | $1.45 |
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Best Local Schools in Paterson, NJ
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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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 808 Apartments for Rent in Paterson, NJ with pricing that ranges from $1,300 to $6,873. There are also 105 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paterson ranging from $975 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 $975 to $9,000 with an average monthly rent of $3,431.
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 $1,800 to $5,940, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $6,500. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $2,300.
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
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.