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$1,4001 Bedroom Apartments Available Now
83 Market St, Unit 9
83 Market StPaterson, NJ 07505
Cheap Homes for Rent in the Preakness Neighborhood of Wayne, NJ from $1,450 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Preakness area of Wayne.
76-78-78 Market St, Unit 5
76-78-78 Market St
PatersonNJ07505
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$1,6001 Bedroom Apartments Available Sep 1
789 Black Oak Ridge Rd, Unit 1
789 Black Oak Ridge RdWayne, NJ 07470
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$1,6501 Bedroom Apartments Available Sep 1
49 Haledon Ave, Unit 3
49 Haledon AvePaterson, NJ 07522
81 Savoy Pl
Prospect ParkNJ07508
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
92 Aberdeen Ct, Unit Apt 2
92 Aberdeen Ct
HaledonNJ07508
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$1,7502 Bedroom Apartments Available Now
194 W Broadway, Unit 1F
194 W BroadwayPaterson, NJ 07522
346 Union Ave
PatersonNJ07502
38 Mill St
PatersonNJ07501
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$1,9001 Bedroom Apartments Available Now
86 N 7th St, Unit 1
86 N 7th StPaterson, NJ 07522
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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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 | $2,405 | $1,800 | $3,750 |
| Preakness 3 Bedroom Homes for Rent | $2,725 | $2,000 | $4,900 |
| Preakness 4 Bedroom Homes for Rent | $2,850 | $2,500 | $3,200 |
| Preakness 5 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
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 $1,713. Brooklawn Gardens has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,820. 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 | $1,713 |
| Brooklawn Gardens | 1 Bed, 1 bath | 1BR,1BA | $1,820 |
| Kings Arms Garden Apartments | 1 bedroom | 1BR,1BA | $1,900 |
Best Value Apartments for Rent in Preakness, NJ
As of August 26, 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 407 Main St Model at 407 Main St, Unit Unit 3 starting at $2,500 with a $2.08 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 |
| 407 Main St, Unit Unit 3 | 407 Main St | 3BR,1BA | $2.08 |
| 250 Union Ave, Unit First Floor | 250 Union Ave | 2BR,1BA | $2.17 |
| Hilltop Apartments of Totowa | 2 Bed / 1 Bath | 2BR,1BA | $2.32 |
| 325 Union Blvd | 2 Bed / 1 Bath | 2BR,1BA | $2.50 |
| Manchester Village | 2 X 1 | 2BR,1BA | $2.38 |
| Brooklawn Gardens | 2 Beds, 1 bath | 2BR,1BA | $2.18 |
| 44 King St | 44 King St | 3BR,1BA | $2.35 |
| Valley View Apartments | Type A | 1BR,1BA | $2.19 |
| 58 Arlington Ave, Unit Basement Apartment in Hillcrest Paterson | 58 Arlington Ave | 2BR,1BA | $2.29 |
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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Pet Friendly LifestylePreakness, Wayne, NJ
Ranked #3
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 (370)
7 out of 10
Wayne Valley High School
Wayne Township Public School District
Public School - Grades 9-12 (1201)
5 out of 10
Anthony Wayne Middle School
Wayne Township Public School District
Public School - Grades 6-8 (617)
8 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 220 Apartments for Rent in Preakness, NJ with pricing that ranges from $1,400 to $4,925. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Preakness ranging from $1,450 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 $1,450 to $4,900 with an average monthly rent of $2,475.
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 $1,995 to $4,925, 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 $2,500 and Four Bedroom Apartments start at $2,850.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.