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$1,720 - $2,1751 to 2 Bedroom Apartments Available Now
Brooklawn Gardens
4A Traphagen RdWayne, NJ 07470
Cheap Apartments for Rent in the Preakness Neighborhood of Wayne, NJ from $900 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Preakness area of Wayne.
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$1,900 - $2,3001 to 2 Bedroom Apartments Available Now
Kings Arms Garden Apartments
48A Byrne CtWayne, NJ 07470
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$1,900 - $2,5001 to 2 Bedroom Apartments Contact Us For Availability
Manchester Village
20 Salisbury RdWayne, NJ 07470
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1 to 2 Bedroom Apartments
Summer Hill Senior (55+).Apartments
2100 Summer Hill RdWayne, NJ 07470
38 Mill St
PatersonNJ07501
40 Broadway
PatersonNJ07505
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$1,600
Total Monthly Price
1 Bedroom Apartment Available NowTotal Monthly Price
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$1,600
Total Monthly Price
$1,600
242 Union Ave, Unit FIRST FLOOR FRONT, Unit FIRST FLOOR FRONT
242 Union AvePaterson, NJ 07502
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.
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$1,6501 Bedroom Apartments Available Now
173 Sherman Ave, Unit 22
173 Sherman AvePaterson, NJ 07502
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$1,7002 Bedroom Apartments Available Now
71-73-73 N Main St, Unit 5
71-73-73 N Main StPaterson, NJ 07505
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$1,7002 Bedroom Apartments Available Now
71-73-73 N Main St, Unit 3
71-73-73 N Main StPaterson, NJ 07505
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$1,816 - $2,1701 to 3 Bedroom Apartments Available Now
Mill Street Square
9 Mill StPaterson, NJ 07505
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$1,850 - $2,050
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$1,850 - $2,050
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$1,850 - $2,050
149 Albion Ave
149 Albion AvePaterson, NJ 07502
1 Coolidge Pl
HaledonNJ07508
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$1,895
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1 Bedroom Apartment Available NowTotal Monthly Price
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$1,895
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$1,895
680 Belmont Ave, Unit #2, Unit #2
680 Belmont AveNorth Haledon, NJ 07508
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.
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$1,899 - $2,6831 to 2 Bedroom Apartments Available May 7
Haledon Estates Apartments
90 Lupton LnHaledon, NJ 07508
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Redwood Village
311 Redwood AvePaterson, NJ 07522
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Studio to 2 Bedroom Apartments
191 Market St
191 Market StPaterson, NJ 07505
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Hamilton Square Residential
20 Mill StPaterson, NJ 07501
38 Mill St
PatersonNJ07501
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Colt Arms Apartments
18-56 Godwin StPaterson, NJ 07501
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Riverview Towers
125-145 Presidential BlvdPaterson, NJ 07522
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.
76-78-78 Market St, Unit 1, Unit 1
76-78-78 Market St
PatersonNJ07505
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Redwood Apartments Newly Constructed!
208 Redwood AvePaterson, NJ 07522
275 Main St
PatersonNJ07505
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Hinchliffe Residences Senior 55
27 Jasper StPaterson, NJ 07522
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1 to 2 Bedroom Apartments
Valley View Apartments
149 Katz AvePaterson, NJ 07502
95 Norwood St
HaledonNJ07508
286 N 6th St
Prospect ParkNJ07508
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
541 Union Ave, Unit 2, Unit 2
541 Union Ave
PatersonNJ07522
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Riverview Towers
85-105 Presidential BlvdPaterson, NJ 07522
78 N 5th St
PatersonNJ07522
Showing Results 1-31, Page 1 of 1
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 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 3 mile radius of the Preakness Neighborhood of Wayne, NJ.
See all Apartments in WayneExplore Wayne
Preakness, Wayne, NJ Local Guide
- Nearby Wayne neighborhoods
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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 Valley View Apartments priced from $1,606. Brooklawn Gardens has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,720. Here are the most affordable Preakness apartments for rent in Wayne, NJ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Valley View Apartments | Type A | 1BR,1BA | $1,606 |
| Brooklawn Gardens | 1 Bed, 1 bath | 1BR,1BA | $1,720 |
| Mill Street Square | One Bedroom (Income Minium and Maximum Apply) | 1BR,1BA | $1,816 |
| Kings Arms Garden Apartments | 1 bedroom | 1BR,1BA | $1,900 |
| Tudor Gardens | 1 Bed, 1 bath | 1BR,1BA | $2,100 |
Best Value Apartments for Rent in Preakness, NJ
As of April 24, 2026 the best value apartment in the Preakness 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 Preakness apartment is the 230 Union Ave Model at 230 Union Ave, Unit 2nd Floor starting at $2,500 with a $1.59 price per square foot in the Stoney Road 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. |
|---|---|---|---|
| Sunset Ridge at Totowa | Two Bedroom | 2BR,2BA | $1.73 |
| 230 Union Ave, Unit 2nd Floor | 230 Union Ave | 3BR,1BA | $1.59 |
| 24 Don Bosco Ave, Unit #2 | 24 Don Bosco Ave | 2BR,1BA | $1.89 |
| 141 Jackson Ave | 3 Bed 1 Bath | 3BR,1BA | $2.52 |
| Brooklawn Gardens | 2 Beds, 1 bath | 2BR,1BA | $2.18 |
| 242 Union Ave, Unit FIRST FLOOR FRONT | 242 Union Ave | 1BR,1BA | $1.60 |
| 680 Belmont Ave, Unit #2 | 680 Belmont Ave | 1BR,1BA | $1.90 |
| 33 Cliff St, Unit 2 | 33 Cliff St | 2BR,2BA | $2.44 |
| 25 Oxford St | 25 Oxford St | 3BR,1BA | $2.33 |
| Valley View Apartments | Type A | 1BR,1BA | $2.05 |
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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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 ArticleThe 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.
Read ArticleCash 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.
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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
Fallon Elementary School
Wayne Township Public School District
Public School - Grades K-5 (373)
6 out of 10
Wayne Valley High School
Wayne Township Public School District
Public School - Grades 9-12 (1241)
5 out of 10
Anthony Wayne Middle School
Wayne Township Public School District
Public School - Grades 6-8 (665)
7 out of 10
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 $1,606 at Valley View Apartments.
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 141 Jackson Ave and starts from $2,650.
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.