
Cheap Homes for Rent in Wayne, NJ from $900 (22 Rentals)
Search the lowest-cost Homes available for rent right now in Wayne.


95 Norwood St

173 Sherman Ave, Unit 22

49 Haledon Ave, Unit 3

181 Long Hill Rd

102 N 3rd St, Unit 2A, Unit 2A

58 Westervelt Ave
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.

58 Westervelt Ave

78 N 5th St

286 N 6th St

541 Union Ave, Unit 2, Unit 2

1 Colonial Dr, Unit E, Unit E

97 N 4th St, Unit 2, Unit 2

1 Colonial Dr
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.

422 Ringwood Ave, Unit A208, Unit A208

203 Brittany Dr, Unit 203, Unit 203

19 Linda Vista Ave

944 Hamburg Tpke

19 White St

39 Struyk Ave

120 Newark Pompton Turnpike
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.

214 Woodcliff Ave
Wayne, NJ Local Guide

How much does it cost to rent a home in Wayne?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wayne 2 Bedroom Homes for Rent | $2,617 | $1,700 | $4,900 |
| Wayne 3 Bedroom Homes for Rent | $2,902 | $1,700 | $4,600 |
| Wayne 4 Bedroom Homes for Rent | $6,950 | $6,400 | $7,500 |
| Wayne 5 Bedroom Homes for Rent | $3,250 | $3,250 | $3,250 |
Browse Top Homes for Rent in Wayne
Explore Wayne
Wayne, NJ Local Guide
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Cheapest Neighborhoods for Apartments in Wayne, NJ
Pricing Updated: 05/24/2026Current apartment rentals in the Wayne, NJ area range in price from $900 to $11,000 with an overall median price of $5,966. The three Wayne neighborhoods with the lowest median rent pricing are Toms Lake at $900, Preakness at $1,250, and Packanack Lake at $900. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Wayne Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Toms Lake | $3,200 | $900 | 11 |
| Preakness | $3,250 | $1,250 | 29 |
| Packanack Lake | $3,350 | $900 | 10 |
| Pines Lake | $7,500 | $900 | 14 |
| Pompton Lake | $7,500 | $1,900 | 9 |
| Lionshead Lake | $11,000 | $900 | 13 |
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 $1,593. Brooklawn Gardens in the Preakness neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,720. Here is today’s list of the most affordable Wayne apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Valley View Apartments | Type A | 1BR,1BA | $1,593 |
| Brooklawn Gardens | 1 Bed, 1 bath | 1BR,1BA | $1,720 |
| Brownstone and Main Union Apartments | 1x1 720 | 1BR,1BA | $1,875 |
| Kings Arms Garden Apartments | 1 bedroom | 1BR,1BA | $1,900 |
| The VIEW at Fairfield | 55+ Studio | Studio,1BA | $2,000 |
Best Value Apartments for Rent in Wayne, NJ
As of May 24, 2026 the best value apartment in the Wayne area is the $1.73 price per square foot Two Bedroom Model at Sunset Ridge at Totowa in the in the Totowa neighborhood starting from $2,850. The second greatest value Wayne apartment is the 24 Don Bosco Ave Model at 24 Don Bosco Ave, Unit Unit #2 starting at $2,600 with a $1.89 price per square foot in the Stoney Road neighborhood. Here is today’s list of the best values for Wayne apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sunset Ridge at Totowa | Two Bedroom | 2BR,2BA | $1.73 |
| 24 Don Bosco Ave, Unit Unit #2 | 24 Don Bosco Ave | 2BR,1BA | $1.89 |
| 500 W Broadway, Unit First Floor | 500 W Broadway | 2BR,1BA | $1.44 |
| 44 Jasper St, Unit 1 | 44 Jasper St | 3BR,1BA | $1.96 |
| 207 Kearney St, Unit 1 | 207 Kearney St | 3BR,1BA | $1.91 |
| Brooklawn Gardens | 2 Beds, 1 bath | 2BR,1BA | $2.18 |
| 242 Union Ave, Unit FIRST FLOOR FRONT | 242 Union Ave | 1BR,1BA | $1.60 |
| Tudor Gardens | 1 Bed, 1 bath | 1BR,1BA | $2.63 |
| Valley View Apartments | Type A | 1BR,1BA | $2.05 |
| Brownstone and Main Union Apartments | 1x1 720 | 1BR,1BA | $2.60 |
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.
Read ArticleReal 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.
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 Wayne, NJ
Wayne Hills High School
Schuyler Colfax Mid School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Wayne, NJ Rentals by Map
See the most popular apartments and homes in Wayne, NJ
Frequently Asked Questions about Wayne
What type of rentals are currently available in Wayne?
There are currently 243 Apartments for Rent in Wayne, NJ with pricing that ranges from $1,600 to $4,900. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wayne ranging from $900 to $7,500.
What is the current price range for Rental Homes in Wayne?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Wayne ranges from $900 to $7,500 with an average monthly rent of $3,287.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.