
Cheap Apartments for Rent in the Preakness Neighborhood of Wayne, NJ from $900 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Preakness area of Wayne.


232 Haledon Ave, Unit 3

13 Hobart Pl

139 Fairview Ave
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.

9 Manchester Ave, Unit 1 Maria

16-18 N 4th St

252 N 4th St

261 Marshall St
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Redwood Apartments Newly Constructed!
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 | $2,167 | $1,400 | $2,685 |
Preakness 1 Bedroom Apartments | $2,505 | $1,293 | $3,460 |
Preakness 2 Bedroom Apartments | $3,298 | $1,472 | $4,585 |
Preakness 3 Bedroom Apartments | $2,780 | $1,800 | $3,600 |
Preakness 4 Bedroom Apartments | $2,800 | $2,400 | $3,200 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 3 mile radius of the Preakness Neighborhood of Wayne, NJ.
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Preakness, Wayne, NJ Local Guide
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Cheapest Available Preakness Apartments for Rent
 The cheapest available apartment rental in the Preakness area of Wayne, NJ is a 1 Bed unit found at Mountain View Crossing priced from $1,293. Mill Street Square - 3318 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,816. Here are the most affordable Preakness apartments for rent in Wayne, NJ:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Mountain View Crossing | 1 Bed I 1 Bath - A1 - R3 | 1BR,1BA | $1,293 |
Mill Street Square - 3318 | One Bedroom 80% | 1BR,1BA | $1,816 |
Kings Arms Garden Apartments | 1 bedroom | 1BR,1BA | $2,000 |
261 Marshall St | 205/206 | 2BR,1BA | $2,250 |
Best Value Apartments for Rent in Preakness, NJ
As of September 04, 2025 the best value apartment in the Preakness 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 Preakness 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 Preakness apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
15 N 17th St, Unit 3 | 15 N 17th St | 3BR,1.5BA | $0.33 |
Belmont Estates Townhomes | JASON LANE | 3BR,2.5BA | $1.71 |
242 Union Ave, Unit 1st Floor | 242 Union Ave | 3BR,2BA | $1.47 |
264 Union Ave, Unit 2 | 264 Union Ave | 3BR,1BA | $1.44 |
Sunset Ridge at Totowa | Two Bedroom | 2BR,2BA | $1.73 |
112 Jackson Ave, Unit 1 | 112 Jackson Ave | 1BR,1BA | $1.54 |
9 Manchester Ave, Unit 1 Maria | 9 Manchester Ave | 1BR,1BA | $1.33 |
294 Union Ave, Unit ground floor | 294 Union Ave | 2BR,1BA | $1.90 |
232 Haledon Ave, Unit 3 | 232 Haledon Ave | 1BR,1BA | $1.45 |
32 Avenue C, Unit Lower Level | 32 Avenue C | Studio ,1BA | $2.00 |
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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
Lafayette Elementary School
Wayne Valley High School
Anthony Wayne Middle School
School data provided by Great Schools
Lifestyle Ratings
Our team of engineers and researchers compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States and customized analysis for Central Wayne, NJ. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, transit availability, pet-friendly communities, features that make it easier to raise kids, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!
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 $1,293 at Mountain View Crossing.
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 $1,472 at Mountain View Crossing.
What is the most affordable Preakness Three Bedroom Apartment?
The best deal on a cheap Preakness Three Bedroom Apartment rental is at 261 Marshall St and starts from $2,700.
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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
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.