close
View Me
Cheap Apartments for Rent in the Preakness Neighborhood of Wayne, NJ from $900 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Preakness area of Wayne.
close
View Me
$1,4501 Bedroom Apartment Available Now
232 Haledon Ave, Unit 3
232 Haledon AveProspect Park, NJ 07508
252 N 4th St
PatersonNJ07522
268 McBride Ave
PatersonNJ07501
close
View Me
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.
close
View Me
close
View Me
$1,800 - $2,8501 to 3 Bedroom Apartments Available Now
261 Marshall St
261 Marshall StPaterson, NJ 07503
close
View Me
close
View Me
close
View Me
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.
close
View Me
close
View Me
close
View Me
close
View Me
Studio to 2 Bedroom Apartments
Redwood Apartments Newly Constructed!
208 Redwood AvePaterson, NJ 07522
close
View Me
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.
close
View Me
Showing Results 1-16, Page 1 of 1
Preakness, Wayne, NJ Local Guide
Pompton Dam & Pequannock Dam by Christopher Lotito is licensed under CC BY 2.0
How much does it cost to rent an apartment in Preakness?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Preakness Studio Apartments | $2,485 | $2,485 | $2,485 |
| Preakness 1 Bedroom Apartments | $2,514 | $1,450 | $3,460 |
| Preakness 2 Bedroom Apartments | $3,225 | $1,600 | $4,600 |
| Preakness 3 Bedroom Apartments | $2,441 | $1,900 | $3,000 |
Browse Apartments in this Neighborhood
There are currently 16 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
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Mill Street Square priced from $1,816. Kings Arms Garden Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,000. Here are the most affordable Preakness apartments for rent in Wayne, NJ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mill Street Square | One Bedroom (Income Minium and Maximum Apply) | 1BR,1BA | $1,816 |
| Kings Arms Garden Apartments | 1 bedroom | 1BR,1BA | $2,000 |
| Molly Brook on Belmont | Tranquility | 1BR,1BA | $2,188 |
| Tudor Gardens | 1 Bed, 1 bath | 1BR,1BA | $2,200 |
| 261 Marshall St | 205/206 | 2BR,1BA | $2,250 |
Best Value Apartments for Rent in Preakness, NJ
As of October 21, 2025 the best value apartment in the Preakness area is the $1.64 price per square foot JASON LANE Model at Belmont Estates Townhomes in the in the Preakness neighborhood starting from $4,595. The second greatest value Preakness apartment is the 52 Murray Ave Model at 52 Murray Ave, Unit 2nd Floor starting at $3,200 with a $1.78 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. |
|---|---|---|---|
| Belmont Estates Townhomes | JASON LANE | 3BR,2.5BA | $1.64 |
| 52 Murray Ave, Unit 2nd Floor | 52 Murray Ave | 5BR,2BA | $1.78 |
| 242 Union Ave, Unit 1st Floor | 242 Union Ave | 3BR,2BA | $1.42 |
| Sunset Ridge at Totowa | Two Bedroom | 2BR,2BA | $1.73 |
| 264 Union Ave, Unit 2 | 264 Union Ave | 3BR,1BA | $1.47 |
| 47 Sherwood Ave, Unit #2 | 47 Sherwood Ave | 2BR,1BA | $2.43 |
| Berdan Court | 2BR/1BA | 2BR,1BA | $2.43 |
| 232 Haledon Ave, Unit 3 | 232 Haledon Ave | 1BR,1BA | $1.45 |
| 261 Marshall St | 205/206 | 2BR,1BA | $2.31 |
| 142 Maple Ave, Unit 2 | 142 Maple Ave | 2BR,1BA | $2.56 |
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 Article
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.
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.
Let everyone know!
Do you know the Preakness area?
If you’re an expert on all things Preakness, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 Township Public School District
Public School - Grades K-5 (311)
8 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 $1,816 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 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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
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.