Cheap Homes for Rent in Peterstown Neighborhood of Elizabeth, NJ from $1,800 (5 Rentals)

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Search the lowest-cost Homes available for rent right now in the Peterstown area of Elizabeth.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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.

property at 5-7 Broad St

5-7 Broad St

ElizabethNJ07207

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Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Peterstown, Elizabeth, NJ Local Guide

Cheapest Available Peterstown Apartments for Rent

 

The cheapest available apartment rental in the Peterstown area of Elizabeth, NJ is a Studio unit found at Edgar Gardens priced from $1,595. Watson Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,618. Here are the most affordable Peterstown apartments for rent in Elizabeth, NJ:

Apartment ListingModel NameBed/BathPriced From
Edgar GardensStudioStudio,1BA$1,595
Watson ApartmentsStudioStudio,1BA$1,618
Turtle Village1 Bedroom1BR,1BA$1,776

Best Value Apartments for Rent in Peterstown, NJ

As of May 16, 2025 the best value apartment in the Peterstown area is the $0.23 price per square foot 16 Delaware St Model at 16 Delaware St, Unit 16 delaware st in the in the Elizabeth Port neighborhood starting from $2,300. The second greatest value Peterstown apartment is the 956 William St Model at 956 William St starting at $2,400 with a $1.18 price per square foot in the Peterstown neighborhood. Here is today’s list of the best values for Peterstown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
16 Delaware St, Unit 16 delaware st16 Delaware St3BR,1BA$0.23
956 William St956 William St3BR,1BA$1.18
Luxury Rental With Private Parking2BR/2.0BA2BR,2BA$2.36
The Madison at Elizabeth006 2 Bedroom 2 Bath2BR,2BA$2.06
130 4th St, Unit 2130 4th St3BR,2BA$2.40
43 Delaware St, Unit 243 Delaware St3BR,1BA$2.35
The Grand at Penn1 Bed / 1 Bath1BR,1BA$2.43
333 E Jersey St, Unit 3A333 E Jersey St2BR,1BA$2.31
224 3rd St, Unit 7224 3rd St2BR,1BA$2.50
126 3rd St, Unit 2126 3rd St2BR,1BA$2.38

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Frequently Asked Questions about Peterstown

What type of rentals are currently available in Peterstown?

There are currently 507 Apartments for Rent in Peterstown, NJ with pricing that ranges from $1,440 to $3,751. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peterstown ranging from $1,850 to $4,000.

What is the current price range for Rental Homes in Peterstown?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Peterstown ranges from $1,850 to $4,000 with an average monthly rent of $2,898.

How much are larger Three and Four Bedroom Rentals in Peterstown?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Peterstown range from $2,295 to $3,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,700 and Four Bedroom Apartments start at $2,395.

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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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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.

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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.

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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.