Cheap Apartments for Rent in the Riverside Neighborhood of Paterson, NJ from $1,300 (9 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Riverside area of Paterson.

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.

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457 E 22nd St
2 Bedroom Apartments

457 E 22nd St

457 E 22nd StPaterson, NJ 07514
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441-449 E 18th St
1 to 2 Bedroom Apartments

441-449 E 18th St

441-449 E 18th StPaterson, NJ 07524

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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198 Lafayette
1 to 3 Bedroom Apartments

198 Lafayette

198 Lafayette StPaterson, NJ 07501

Cheapest Available Riverside Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Freedom Village Senior 55+1 Bedroom1BR,1BA$1,398
Hedges at HawthorneA21BR,1BA$2,675

Best Value Apartments for Rent in Riverside, NJ

As of January 23, 2026 the best value apartment in the Riverside area is the $3.28 price per square foot A2 Model at Hedges at Hawthorne in the in the Southeast Ridgewood neighborhood starting from $2,675. The second greatest value Riverside apartment is the 1 Bedroom Model at Freedom Village Senior 55+ starting at $1,398 with a $2.08 price per square foot in the Stoney Road neighborhood. Here is today’s list of the best values for Riverside apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hedges at HawthorneA21BR,1BA$3.28
Freedom Village Senior 55+1 Bedroom1BR,1BA$2.08

Frequently Asked Questions about Cheap Riverside Apartments

What is the price of a cheap apartment in Riverside?

The cheapest apartment in Riverside is Freedom Village Senior 55+ which is listed at $1,398, while the average apartment in Riverside costs $2,800.

What types of apartments are the cheapest in Riverside?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1 regular apartments in Riverside that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

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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.

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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.

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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.

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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.