
Cheap Homes for Rent in Preakness Neighborhood of Wayne, NJ from $1,400 (7 Rentals)
Cheap Homes in the Preakness area of Wayne.


789 Black Oak Ridge Rd

36 N 8th St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

759 Hamburg Tpke

1131A Valley Rd

34 Knox Terrace
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

940 McBride 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 | $2,800 | $2,250 | $3,700 |
Preakness 3 Bedroom Homes for Rent | $2,868 | $2,250 | $4,000 |
Preakness 4 Bedroom Homes for Rent | $4,362 | $2,950 | $6,000 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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 Studio unit found at 324,339 and 431 Broadway priced from $1,150. Mill Street Square - 3318 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,816. Here are the most affordable Preakness apartments for rent in Wayne, NJ:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
324,339 and 431 Broadway | 339 Broadway | Studio,1BA | $1,150 |
Mill Street Square - 3318 | One Bedroom 80% | 1BR,1BA | $1,816 |
Kings Arms Garden Apartments | 1 bedroom | 1BR,1BA | $1,950 |
Best Value Apartments for Rent in Preakness, NJ
As of May 07, 2025 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 Stoney Road neighborhood starting from $2,850. The second greatest value Preakness apartment is the 37 Rutherford Ct Model at 37 Rutherford Ct starting at $2,200 with a $1.47 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. |
---|---|---|---|
Sunset Ridge at Totowa | Two Bedroom | 2BR,2BA | $1.73 |
37 Rutherford Ct | 37 Rutherford Ct | 2BR,1BA | $1.47 |
75 Jersey St, Unit 75 B | 75 Jersey St | 2BR,1BA | $1.79 |
The Manor at Totowa | 2 Bed/ 2 Bath | 2BR,2BA | $2.44 |
38 Roseland Ave | 1 Bed / 1 Bath | 1BR,1BA | $2.15 |
Manchester Village | 1 X 1 | 1BR,1BA | $2.47 |
Haledon Estates Apartments | Garden One Bedroom | 1BR,1BA | $2.57 |
Berdan Court | 1BR/1BA | 1BR,1BA | $2.73 |
Kings Arms Garden Apartments | 1 bedroom | 1BR,1BA | $2.84 |
324,339 and 431 Broadway | 339 Broadway | Studio ,1BA | $2.67 |
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Frequently Asked Questions about Preakness
What type of rentals are currently available in Preakness?
There are currently 208 Apartments for Rent in Preakness, NJ with pricing that ranges from $950 to $5,255. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Preakness ranging from $1,450 to $6,000.
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 $6,000 with an average monthly rent of $2,977.
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 Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.