262-280-280 Chamberlain Ave
PatersonNJ07502
Cheap Homes for Rent in Preakness Neighborhood of Wayne, NJ from $1,000 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Preakness area of Wayne.
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$1,3001 Bedroom Apartments Available Mar 1
97 Market St
97 Market StPaterson, NJ 07505
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$1,4001 Bedroom Apartments Available Now
78 Market St
78 Market StPaterson, NJ 07505
323 Marshall St
PatersonNJ07503
235 N 7th St
Prospect ParkNJ07508
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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$1,9001 Bedroom Apartments Available Now
86 N 7th St
86 N 7th StPaterson, NJ 07522
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$1,9503 Bedroom Apartments Available Now
142 Carlisle Ave
142 Carlisle AvePaterson, NJ 07501
19 White St
PatersonNJ07522
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$2,0452 Bedroom Apartments Available Mar 1
115 Dixon Ave
115 Dixon AvePaterson, NJ 07501
512 Union Ave
PatersonNJ07522
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.
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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 a home in Preakness?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Preakness 2 Bedroom Homes for Rent | $2,271 | $1,700 | $2,700 |
| Preakness 3 Bedroom Homes for Rent | $2,968 | $1,895 | $6,900 |
| Preakness 4 Bedroom Homes for Rent | $4,100 | $2,500 | $5,700 |
| Preakness 5 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
| Preakness 6 Bedroom Homes for Rent | $4,800 | $4,800 | $4,800 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 10 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
- 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 $1,530. 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 | $1,530 |
| Brooklawn Gardens | 1 Bed, 1 bath | 1BR,1BA | $1,720 |
| Mill Street Square | One Bedroom (Income Minium and Maximum Apply) | 1BR,1BA | $1,816 |
Best Value Apartments for Rent in Preakness, NJ
As of February 27, 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 194 Mill St Model at 194 Mill St starting at $1,700 with a $1.28 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 |
| 194 Mill St | 194 Mill St | 2BR,1BA | $1.28 |
| 23-25 Albion Ave | 23-25 Albion Ave | 3BR,1BA | $1.50 |
| 195 Preakness Ave, Unit 3 | 195 Preakness Ave | 3BR,1BA | $1.63 |
| 325 Union Blvd | 2 Bed / 1 Bath | 2BR,1BA | $2.42 |
| 680 Belmont Ave, Unit #2 | 680 Belmont Ave | 1BR,1BA | $2.00 |
| Brooklawn Gardens | 2 Beds, 1 bath | 2BR,1BA | $2.18 |
| 242 Union Ave | 242 Union Ave | 1BR,1BA | $1.60 |
| Haledon Estates Apartments | Low Rise One Bedroom | 1BR,1BA | $2.41 |
| Valley View Apartments | Type A | 1BR,1BA | $1.96 |
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.
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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 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
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
Frequently Asked Questions about Preakness
What type of rentals are currently available in Preakness?
There are currently 217 Apartments for Rent in Preakness, NJ with pricing that ranges from $1,300 to $4,565. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Preakness ranging from $1,000 to $6,900.
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 $1,000 to $6,900 with an average monthly rent of $3,091.
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
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.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.