Cheap Homes for Rent in Paterson, NJ from $1,000 (37 Rentals)
Search the lowest-cost Homes available for rent right now in Paterson.

329 Wagaraw Rd, Unit 4-05

373 Belmont Ave

213 Franklin St

27 Main Ave

64 Russell 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.

22 2nd Ave

70 Main St

25 Sherman Ave

7 Crescent Ave

309 Mt Pleasant Ave

378b Fair St

122 Buffalo 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.

133 Kipp Ave

47 Gillies St, Unit 14-6062-101

19 White St

263-265-265 E 31st St

304-306-306 Caldwell Ave, Unit 8009

304 Caldwell Ave, Unit 306

109 Division Ave
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.

235 Spring St

237 Spring St

57 Belmont Ave

3 Sunset Dr

638 Paulison Ave

240 Dixon Ave, Unit 2nd Floor

751 E 25th St

179 Jackson St, Unit C
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.

32 Wood 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 | $2,570 | $1,700 | $4,400 |
| Paterson 3 Bedroom Homes for Rent | $3,235 | $1,995 | $4,999 |
| Paterson 4 Bedroom Homes for Rent | $3,590 | $2,500 | $5,900 |
| Paterson 5 Bedroom Homes for Rent | $4,250 | $3,300 | $5,400 |
| Paterson 6 Bedroom Homes for Rent | $3,300 | $3,300 | $3,300 |
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: 10/24/2025Current apartment rentals in the Paterson, NJ area range in price from $650 to $4,800 with an overall median price of $2,888. The three Paterson neighborhoods with the lowest median rent pricing are Downtown Paterson at $1,398, Eastside at $1,398, and Wrigley Park at $650. 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 |
|---|---|---|---|
| Downtown Paterson | $2,300 | $1,398 | 14 |
| Eastside | $2,450 | $1,398 | 13 |
| Wrigley Park | $2,450 | $650 | 23 |
| Sandy Hill | $2,550 | $1,398 | 24 |
| Peoples Park | $2,650 | $1,450 | 16 |
| Eastside Park | $2,840 | $1,750 | 42 |
| South Paterson | $2,850 | $1,800 | 13 |
| Manor | $2,895 | $1,750 | 43 |
| Lakeview | $2,950 | $1,850 | 23 |
| Great Falls | $3,200 | $1,398 | 36 |
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 $1,350. 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 | 324 Broadway | Studio,1BA | $1,350 |
| Freedom Village Senior 55+ | 1 Bedroom | 1BR,1BA | $1,398 |
| Martha Washington Apartments | One Bedroom Small | 1BR,1BA | $1,595 |
| Fairlawn Properties | 3 Room 1 Bedroom | 1BR,1BA | $1,695 |
| 118 East 24th St Apartments | 1 Bd/ 1 Ba | 1BR,1BA | $1,700 |
| Kent Village | 1 Bedroom | 1BR,1BA | $1,750 |
Best Value Apartments for Rent in Paterson, NJ
As of October 24, 2025 the best value apartment in the Paterson area is the $1.64 price per square foot JASON LANE Model at Belmont Estates Townhomes in the in the Preakness neighborhood starting from $4,595. The second greatest value Paterson apartment is the 354 Highland Ave Model at 354 Highland Ave, Unit 2 second floor starting at $2,875 with a $1.20 price per square foot in the Downtown Passaic 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. |
|---|---|---|---|
| Belmont Estates Townhomes | JASON LANE | 3BR,2.5BA | $1.64 |
| 354 Highland Ave, Unit 2 second floor | 354 Highland Ave | 3BR,1BA | $1.20 |
| 66 Wood St, Unit 2 | 66 Wood St | 4BR,2BA | $1.70 |
| 242 Union Ave, Unit 1st Floor | 242 Union Ave | 3BR,2BA | $1.42 |
| Sunset Ridge at Totowa | Two Bedroom | 2BR,2BA | $1.73 |
| 76 Planten Ave, Unit 1st floor | 76 Planten Ave | 2BR,1BA | $1.19 |
| 264 Union Ave, Unit 2 | 264 Union Ave | 3BR,1BA | $1.47 |
| 232 Haledon Ave, Unit 3 | 232 Haledon Ave | 1BR,1BA | $1.45 |
| 37 Highland St, Unit 1 | 37 Highland St | 2BR,1BA | $1.60 |
| 124 Lyon St, Unit 3 | 124 Lyon St | 1BR,1BA | $1.30 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 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 828 Apartments for Rent in Paterson, NJ with pricing that ranges from $650 to $5,220. There are also 118 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paterson ranging from $1,025 to $5,900.
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 $1,025 to $5,900 with an average monthly rent of $2,988.
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 $1,900 to $5,220, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,995 to $4,999. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $2,100.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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.








