
Cheap Homes for Rent in Preakness Neighborhood of Wayne, NJ from $1,500 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Preakness area of Wayne.


275 Main 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.

275 Main St, Unit 3

789 Black Oak Ridge Rd

275 Main St, Unit 4

81 Savoy Pl

275 Main St, Unit 5
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.

256 N 4th St

256 N 4th St

25 Sherman Ave

309 Mt Pleasant Ave
Preakness, Wayne, NJ Local Guide

How much does it cost to rent a home in Preakness?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Preakness 2 Bedroom Homes for Rent | $1,780 | $1,600 | $2,000 |
Preakness 3 Bedroom Homes for Rent | $3,000 | $2,000 | $4,900 |
Preakness 4 Bedroom Homes for Rent | $3,700 | $3,700 | $3,700 |
Preakness 5 Bedroom Homes for Rent | $3,800 | $3,800 | $3,800 |
Browse Homes for Rent in this Neighborhood
There are currently 11 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 Mill Street Square - 3318 priced from $1,816. Manchester Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,900. Here are the most affordable Preakness apartments for rent in Wayne, NJ:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Mill Street Square - 3318 | One Bedroom 80% | 1BR,1BA | $1,816 |
Manchester Village | 1 X 1 | 1BR,1BA | $1,900 |
Kings Arms Garden Apartments | 1 bedroom | 1BR,1BA | $2,000 |
261 Marshall St | 205/206 | 2BR,1BA | $2,250 |
The Manor at Totowa | 1 Bed / 1 Bath | 1BR,1BA | $2,300 |
Best Value Apartments for Rent in Preakness, NJ
As of August 26, 2025 the best value apartment in the Preakness area is the $1.71 price per square foot JASON LANE Model at Belmont Estates Townhomes in the in the Preakness neighborhood starting from $4,800. The second greatest value Preakness apartment is the BT4-D-Signature Model at Avalon Wayne starting at $4,440 with a $2.61 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. |
---|---|---|---|
Belmont Estates Townhomes | JASON LANE | 3BR,2.5BA | $1.71 |
Avalon Wayne | BT4-D-Signature | 2BR,2.5BA | $2.61 |
Sunset Ridge at Totowa | Two Bedroom | 2BR,2BA | $1.73 |
75 Jersey St, Unit 75 B | 75 Jersey St | 2BR,1BA | $1.57 |
112 Jackson Ave, Unit 1 | 112 Jackson Ave | 1BR,1BA | $1.54 |
232 Haledon Ave, Unit 3 | 232 Haledon Ave | 1BR,1BA | $1.45 |
294 Union Ave, Unit ground floor | 294 Union Ave | 2BR,1BA | $1.90 |
261 Marshall St | 205/206 | 2BR,1BA | $2.31 |
142 Maple Ave, Unit 2 | 142 Maple Ave | 2BR,1BA | $2.67 |
Manchester Village | 1 X 1 | 1BR,1BA | $2.24 |
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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
Frequently Asked Questions about Preakness
What type of rentals are currently available in Preakness?
There are currently 200 Apartments for Rent in Preakness, NJ with pricing that ranges from $1,450 to $5,355. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Preakness ranging from $1,500 to $4,900.
What is the current price range for Rental Homes in Preakness?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Preakness ranges from $1,500 to $4,900 with an average monthly rent of $2,832.
How much are larger Three and Four Bedroom Rentals in Preakness?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Preakness range from $1,800 to $5,355, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $4,900. Four Bedroom Single-Family rentals are also available starting from $3,700 and Four Bedroom Apartments start at $2,250.
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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.