Cheap Homes for Rent in Peterstown Neighborhood of Elizabeth, NJ from $1,500 (7 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 5-7 Broad St

5-7 Broad St

ElizabethNJ07207

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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 1 Bed unit found at Rosehill Apartments priced from $1,500. Edgar Gardens has the second lowest priced unit, which is a Studio apartment currently listed from $1,550. Here are the most affordable Peterstown apartments for rent in Elizabeth, NJ:

Apartment ListingModel NameBed/BathPriced From
Rosehill Apartments1 BR1BR,1BA$1,500
Edgar GardensStudioStudio,1BA$1,550
Watson ApartmentsStudioStudio,1BA$1,618

Best Value Apartments for Rent in Peterstown, NJ

As of April 17, 2025 the best value apartment in the Peterstown area is the $2.06 price per square foot 006 2 Bedroom 2 Bath Model at The Madison at Elizabeth in the in the Downtown Elizabeth neighborhood starting from $2,600. The second greatest value Peterstown apartment is the 2B Model at 213 Broad St starting at $1,975 with a $1.97 price per square foot in the Downtown Elizabeth 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.
The Madison at Elizabeth006 2 Bedroom 2 Bath2BR,2BA$2.06
213 Broad St2B2BR,1BA$1.97
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
224 3rd St, Unit 6224 3rd St2BR,1BA$2.50
333 E Jersey St, Unit 3A333 E Jersey St2BR,1BA$2.44
312 S Spring St, Unit Attic Studio312 S Spring StStudio ,1BA$1.63
Chilton TowersOne Bdrm One Bath w/ Dining1BR,1BA$2.61
Chilton Hall ApartmentsChilton Hall Apartments1BR,1BA$2.67

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Frequently Asked Questions about Peterstown

What type of rentals are currently available in Peterstown?

There are currently 494 Apartments for Rent in Peterstown, NJ with pricing that ranges from $1,300 to $8,250. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peterstown ranging from $1,550 to $3,600.

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 $3,600 with an average monthly rent of $2,457.

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 $2,350 to $3,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $3,600. Four Bedroom Single-Family rentals are also available starting from $2,700 and Four Bedroom Apartments start at $2,500.

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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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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

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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.