Cheap Apartments for Rent in Wayne, NJ from $1,600 (64 Rentals)

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Search the lowest-cost Apartments available for rent right now in Wayne.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 181 Long Hill Rd
$1,650 - $3,325
1 To 2 Bedroom Rentals
Available Now
Affordability

181 Long Hill Rd

Little FallsNJ07424

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

property at 90 Rossiter Ave
$2,000

Total Monthly Price

Base Rent$2,000

Total Monthly Price$2,000
2 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

90 Rossiter Ave

PatersonNJ07502
property at 250 Paterson Ave
$2,000 - $2,650
1 To 3 Bedroom Rentals
Available Now

250 Paterson Ave

Little FallsNJ07424

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 181 Long Hill Rd
$2,200

Total Monthly Price

Base Rent$2,200

Total Monthly Price$2,200
1 Bedroom, 1 Bath Condo for Rent
Available Sep 15
Cost Per Sq.Ft.

181 Long Hill Rd, Unit 8-10

181 Long Hill Rd
Little FallsNJ07424
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property at 113 E Main St
$2,200

Total Monthly Price

Base Rent$2,200

Total Monthly Price$2,200
3 Bedroom, 1 Bath Home for Rent
Available Now

113 E Main St

PatersonNJ07522
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Redwood Village
1 to 2 Bedroom Apartments

Redwood Village

311 Redwood AvePaterson, NJ 07522
  • Utilities Included
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Colt Arms Apartments
Studio to 1 Bedroom Apartments

Colt Arms Apartments

18-56 Godwin StPaterson, NJ 07501
Senior Living
  • Utilities Included
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Riverview Towers
1 to 2 Bedroom Apartments

Riverview Towers

125-145 Presidential BlvdPaterson, NJ 07522

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.

Wayne, NJ Local Guide

Cheapest Neighborhoods for Apartments in Wayne, NJ

Pricing Updated: 09/07/2026

Current apartment rentals in the Wayne, NJ area range in price from $1,500 to $10,000 with an overall median price of $2,435. The three Wayne neighborhoods with the lowest median rent pricing are Lionshead Lake at $2,395, Pines Lake at $2,395, and Pompton Lake at $2,395. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Wayne Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Lionshead Lake$2,395$1,650115
Pines Lake$2,395$1,650126
Pompton Lake$2,395$1,650109
Toms Lake$2,470$1,65022
Preakness$2,500$1,50082
Packanack Lake$2,600$1,70048

Cheapest Available Wayne Apartments for Rent

 

The cheapest available apartment rental in Wayne, NJ is a 1 Bed unit found at Valley View Apartments in the Stoney Road neighborhood priced from $1,713. Mill Street Square in the Stoney Road neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,816. Here is today’s list of the most affordable Wayne apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Valley View ApartmentsType A1BR,1BA$1,713
Mill Street SquareOne Bedroom (Income Minium and Maximum Apply)1BR,1BA$1,816
Brooklawn Gardens1 Bed, 1 bath1BR,1BA$1,820
Brownstone and Main Union Apartments1x1 7201BR,1BA$1,875
Kings Arms Garden Apartments1 bedroom1BR,1BA$1,900
Manchester Village1 X 11BR,1BA$1,960
Beaver Brook GardensLINDEN1BR,1BA$2,028
Haledon Estates ApartmentsLow Rise One Bedroom1BR,1BA$2,050

Best Value Apartments for Rent in Wayne, NJ

As of September 07, 2026 the best value apartment in the Wayne area is the $1.41 price per square foot 193 Temple St Model at 193 Temple St, Unit First Floor in the in the Stoney Road neighborhood starting from $2,400. The second greatest value Wayne apartment is the Two Bedroom Model at Sunset Ridge at Totowa starting at $2,850 with a $1.73 price per square foot in the Totowa neighborhood. Here is today’s list of the best values for Wayne apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
193 Temple St, Unit First Floor193 Temple St3BR,1BA$1.41
Sunset Ridge at TotowaTwo Bedroom2BR,2BA$1.73
22 Wilson Ave, Unit Second Floor22 Wilson Ave3BR,1BA$2.00
250 Union Ave, Unit First Floor250 Union Ave4BR,1BA$2.17
Hilltop Apartments of Totowa2 Bed / 1 Bath2BR,1BA$2.32
Brooklawn Gardens2 Beds, 1 bath2BR,1BA$2.18
44 King St44 King St3BR,1BA$2.35
Haledon Estates ApartmentsLow Rise One Bedroom1BR,1BA$2.41
Valley View ApartmentsType A1BR,1BA$2.19
58 Arlington Ave, Unit Basement Apartment in Hillcrest Paterson58 Arlington Ave2BR,1BA$2.29

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.

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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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Location, Location, Location!

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Frequently Asked Questions about Cheap Wayne Apartments

What is the Cheapest Studio apartment in Wayne?

Currently the most affordable Cheap Studio Apartment in Wayne is at Avalon Wayne listed at $2,240.

How much is rent for a Cheap One Bedroom Wayne Apartment?

The lowest price for a Cheap One Bedroom Wayne Apartment is $1,713 at Valley View Apartments.

What is the lowest price for a Cheap Two Bedroom Wayne Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Wayne is starting from $2,170 at Mill Street Square.

What is the most affordable Wayne Three Bedroom Apartment?

The best deal on a cheap Wayne Three Bedroom Apartment rental is at Shepherds Lane Commons and starts from $3,000.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.