
Cheap 2 Bedroom Apartments for Rent in the Preakness Neighborhood of Wayne, NJ from $1,700 (9 Rentals)


71-73-73 N Main St, Unit 5

71-73-73 N Main St, Unit 3

Total Monthly Price
149 Albion 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.

191 Market St

Hamilton Square Residential

Hinchliffe Residences Senior 55

541 Union Ave, Unit 2, Unit 2
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78 N 5th St
Preakness, Wayne, NJ Local Guide

How much does it cost to rent an apartment in Preakness?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Preakness Studio Apartments | $2,225 | $1,250 | $2,425 |
| Preakness 1 Bedroom Apartments | $2,596 | $1,600 | $3,188 |
Preakness 2 Bedroom Apartments | $3,184 | $1,700 | $4,540 |
| Preakness 3 Bedroom Apartments | $2,980 | $2,000 | $4,565 |
| Preakness 4 Bedroom Apartments | $3,600 | $3,600 | $3,600 |
Explore Wayne
Preakness, Wayne, NJ Local Guide
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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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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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.
Pet Friendly LifestylePreakness, Wayne, NJ
Ranked #6
Among cities in New Jersey for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Preakness, Wayne, NJ
Fallon Elementary School
Wayne Valley High School
Anthony Wayne Middle School
School data provided by Great Schools
Frequently Asked Questions about Cheap Preakness Apartments
How much is rent for a Cheap One Bedroom Preakness Apartment?
The lowest price for a Cheap One Bedroom Preakness Apartment is $2,170 at Mill Street Square.
What is the lowest price for a Cheap Two Bedroom Preakness Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Preakness is starting from $2,170 at Mill Street Square.
What is the most affordable Preakness Three Bedroom Apartment?
The best deal on a cheap Preakness Three Bedroom Apartment rental is at Mill Street Square and starts from $2,170.
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

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.

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.