Cheap Homes for Rent in Wayne, NJ from $900 (13 Rentals)

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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.

property at 256 N 4th St

256 N 4th St

PatersonNJ07522
property at 256 N 4th St

256 N 4th St

PatersonNJ07522
property at 36 N 8th St

36 N 8th St

PatersonNJ07522

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Wayne, NJ Local Guide

Cheapest Neighborhoods for Apartments in Wayne, NJ

Pricing Updated: 09/07/2025

Current apartment rentals in the Wayne, NJ area range in price from $1,400 to $4,585 with an overall median price of $3,425. The three Wayne neighborhoods with the lowest median rent pricing are Lionshead Lake at $1,400, Packanack Lake at $1,900, and Pines Lake at $1,900. 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$3,425$1,40035
Packanack Lake$3,425$1,900112
Pines Lake$3,425$1,90046
Pompton Lake$3,425$1,91042
Preakness$3,425$1,40074
Toms Lake$3,425$1,90095

Cheapest Available Wayne Apartments for Rent

 

The cheapest available apartment rental in Wayne, NJ is a 1 Bed unit found at Mill Street Square - 3318 in the Stoney Road neighborhood priced from $1,816. Brownstone and Main Union Apartments in the Estates at Hilltop neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,875. Here is today’s list of the most affordable Wayne apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mill Street Square - 3318One Bedroom 80%1BR,1BA$1,816
Brownstone and Main Union Apartments1x1 7201BR,1BA$1,875
Beaver Brook GardensLinden Junior 1 Bedroom1BR,1BA$1,950
Kings Arms Garden Apartments1 bedroom1BR,1BA$2,000
The VIEW at FairfieldstudioStudio,1BA$2,000

Best Value Apartments for Rent in Wayne, NJ

As of September 08, 2025 the best value apartment in the Wayne area is the $0.33 price per square foot 15 N 17th St Model at 15 N 17th St, Unit 3 in the in the Preakness neighborhood starting from $3,300. The second greatest value Wayne 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 Wayne apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
15 N 17th St, Unit 315 N 17th St3BR,1.5BA$0.33
Belmont Estates TownhomesJASON LANE3BR,2.5BA$1.71
242 Union Ave, Unit 1st Floor242 Union Ave3BR,2BA$1.47
264 Union Ave, Unit 2264 Union Ave3BR,1BA$1.44
Sunset Ridge at TotowaTwo Bedroom2BR,2BA$1.73
9 Manchester Ave, Unit 1 Maria9 Manchester Ave1BR,1BA$1.33
68 Newark Pompton Tpke, Unit 2fl68 Newark Pompton Tpke2BR,1.5BA$2.09
232 Haledon Ave, Unit 3232 Haledon Ave1BR,1BA$1.45
294 Union Ave, Unit ground floor294 Union Ave2BR,1BA$1.90
32 Avenue C, Unit Lower Level32 Avenue CStudio ,1BA$2.00

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 $1,400 to $4,585. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wayne ranging from $900 to $14,600.

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 $14,600 with an average monthly rent of $3,451.

How much are larger Three and Four Bedroom Rentals in Wayne?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Wayne range from $1,750 to $3,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $6,900. Four Bedroom Single-Family rentals are also available starting from $3,250 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.

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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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

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decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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.