Cheap Homes for Rent in Peterstown Neighborhood of Elizabeth, NJ from $1,500 (6 Rentals)

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

property at 563 4th Ave

563 4th Ave

ElizabethNJ07202
property at 73 Florida St

73 Florida St

ElizabethNJ07206
property at 653 4th Ave

653 4th Ave

ElizabethNJ07202
property at 5-7 Broad St

5-7 Broad St

ElizabethNJ07201

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 $1,550. 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$1,550
Watson ApartmentsStudioStudio,1BA$1,618
The AvionLuxurious StudioStudio,1BA$1,767

Best Value Apartments for Rent in Peterstown, NJ

As of March 25, 2025 the best value apartment in the Peterstown area is the $1.80 price per square foot 516 S Park St Model at 516 S Park St, Unit 2 in the in the Elizabeth Port neighborhood starting from $2,700. The second greatest value Peterstown apartment is the 303 Amity St Model at 303 Amity St, Unit amity 1 starting at $2,700 with a $1.80 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.
516 S Park St, Unit 2516 S Park St3BR,2BA$1.80
303 Amity St, Unit amity 1303 Amity St3BR,1BA$1.80
The Madison at Elizabeth006 2 Bedroom 2 Bath2BR,2BA$2.06
213 Broad St2B2BR,1BA$1.97
2417 Grier Ave, Unit 1st Floor2417 Grier Ave2BR,1BA$2.00
43 Delaware St, Unit 243 Delaware St3BR,1BA$2.35
The Grand at Penn1 Bed / 1 Bath1BR,1BA$2.43
Harwood Homes$2.49/sq.ft. - Two Bedroom2BR,1BA$2.49
333 E Jersey St, Unit 3A333 E Jersey St2BR,1BA$2.44
The AvionLuxurious StudioStudio ,1BA$2.62

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Frequently Asked Questions about Peterstown

What type of rentals are currently available in Peterstown?

There are currently 488 Apartments for Rent in Peterstown, NJ with pricing that ranges from $1,440 to $4,119. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peterstown ranging from $1,550 to $4,450.

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 $1,550 to $4,450 with an average monthly rent of $2,502.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.