close
View Me
from $1,150Studio to 1 Bedroom Apartments Available Now
324,339 and 431 Broadway
324 BroadwayPaterson, NJ 07501
Cheap Apartments for Rent in Paterson, NJ from $700 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in Paterson.
close
View Me
from $1,200Studio Apartment Available Now
126 20th Ave, Unit Ground Floor
126 20th AvePaterson, NJ 07501
close
View Me
from $1,3981 Bedroom Apartments Available Now
Freedom Village Senior 55+
69 Straight StPaterson, NJ 07501
267 Fair St
PatersonNJ07501
close
View Me
close
View Me
88 Vernon Ave
PatersonNJ07503
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
430 Lexington Ave
CliftonNJ07011
50 Pasadena Pl
HawthorneNJ07506
close
View Me
from $1,5951 to 2 Bedroom Apartments Available Now
Martha Washington Apartments
1401 Van Houten AveClifton, NJ 07013
close
View Me
from $1,6951 to 2 Bedroom Apartments Available Now
Fairlawn Properties
16-64 Chandler DrFair Lawn, NJ 07410
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Showing Results 1-39, Page 1 of 1
Paterson, NJ Local Guide
How much does it cost to rent an apartment in Paterson?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Paterson Studio Apartments | $1,569 | $1,200 | $1,995 |
| Cheap Paterson 1 Bedroom Apartments | $2,580 | $1,398 | $4,942 |
| Cheap Paterson 2 Bedroom Apartments | $3,266 | $1,699 | $6,406 |
| Cheap Paterson 3 Bedroom Apartments | $3,145 | $2,200 | $5,980 |
| Cheap Paterson 4 Bedroom Apartments | $2,941 | $2,400 | $4,000 |
Browse Top Apartments in Paterson
See all Apartments in PatersonExplore Paterson
Paterson, NJ Local Guide
Written By:
Justin HabersaatEditing Staff
- Paterson Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Paterson, NJ
Pricing Updated: 03/06/2025Current apartment rentals in the Paterson, NJ area range in price from $1,200 to $6,406 with an overall median price of $3,367. The three Paterson neighborhoods with the lowest median rent pricing are Sandy Hill at $1,200, Eastside Park at $1,650, and Hillcrest at $1,200. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Paterson Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Sandy Hill | $2,700 | $1,200 | 1795 |
| Eastside Park | $2,725 | $1,650 | 863 |
| Hillcrest | $2,750 | $1,200 | 1437 |
| Great Falls | $2,850 | $1,200 | 1019 |
| Stoney Road | $2,850 | $1,200 | 985 |
| Totowa | $2,850 | $1,275 | 894 |
| Peoples Park | $3,000 | $1,200 | 1827 |
| South Paterson | $3,000 | $1,200 | 1996 |
| Lakeview | $3,057 | $1,275 | 1849 |
| Manor | $3,240 | $1,275 | 2423 |
Cheapest Available Paterson Apartments for Rent
The cheapest available apartment rental in Paterson, NJ is a Studio unit found at 324,339 and 431 Broadway in the Stoney Road neighborhood priced from $1,150. Freedom Village Senior 55+ in the Stoney Road neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,398. Here is today’s list of the most affordable Paterson apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 324,339 and 431 Broadway | 339 Broadway | Studio,1BA | $1,150 |
| Freedom Village Senior 55+ | 1 Bedroom | 1BR,1BA | $1,398 |
| Martha Washington Apartments | One Bedroom Small | 1BR,1BA | $1,595 |
| 42-52 Essex St | One Bedroom | 1BR,1BA | $1,650 |
| Valley View Apartments | Type C | 2BR,1BA | $1,703 |
| Fairlawn Properties | 3.5 Room 1 Bedroom | 1BR,1BA | $1,795 |
| Mill Street Square - 3318 | One Bedroom 80% | 1BR,1BA | $1,816 |
Best Value Apartments for Rent in Paterson, NJ
As of March 07, 2025 the best value apartment in the Paterson area is the $0.23 price per square foot 318 21st Ave Model at 318 21st Ave, Unit 304 in the in the Stoney Road neighborhood starting from $2,300. The second greatest value Paterson apartment is the 457 E 28th St Model at 457 E 28th St, Unit 457 E 28th St Paterson starting at $2,650 with a $0.79 price per square foot in the Eastside neighborhood. Here is today’s list of the best values for Paterson apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 318 21st Ave, Unit 304 | 318 21st Ave | 3BR,1BA | $0.23 |
| 457 E 28th St, Unit 457 E 28th St Paterson | 457 E 28th St | 4BR,1BA | $0.79 |
| 223 Miller Ave | 223 Miller Ave | 2BR,1BA | $1.35 |
| Fair Lawn Commons | $2.87/sq.ft. - The Essex | 2BR,2BA | $1.67 |
| Sunset Ridge at Totowa | Two Bedroom | 2BR,2BA | $1.73 |
| 38 Roseland Ave | 2 Bed / 2 Bath | 2BR,2BA | $2.10 |
| 128 N 4th St, Unit 1st fl | 128 N 4th St | 3BR,1BA | $2.00 |
| The Godwin Lofts | 2 BR LR | 2BR,1BA | $2.09 |
| Valley View Apartments | Type C | 2BR,1BA | $1.67 |
| Freedom Village Senior 55+ | 1 Bedroom | 1BR,1BA | $2.08 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Paterson area?
If you’re an expert on all things Paterson, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Paterson Overview
The largest city in Passaic County and the third most populated in the entire great state of New Jersey, Paterson is a popular Garden State destination that acts as home to almost 150,000 proud residents. Known as 'Silk City' for its long history as a production hub of industry, this blue collar and diverse hot spot is an excellent way to get to experience first hand all that NJ has to offer.
Why live in Paterson, NJ?
Steeped in history, Paterson apartment life is a fantastic way to get to know New Jersey. Brimming with east coast pride and offering much in the way of local arts, entertainment and shopping, this hotspot of diversity contains just about every walk of life when it comes to its budding population, from retirees to college students, career-centered working singles to growing blue collar families. When it comes to life in the Garden State, it doesn't get much more authentic than Paterson.
Best Local Schools in Paterson, NJ
Norman S. Weir Elementary School
Paterson Public School District
Public School - Grades K-8 (262)
6 out of 10
International High School
Paterson Public School District
Public School - Grades 9-12 (694)
3 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Paterson, NJ Rentals by Map
See the most popular apartments and homes in Paterson, NJ
Paterson, NJ Apartments MapPaterson, NJ Rental Homes MapGetting Around Paterson, NJ
Walk Score®
82 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
47 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
52 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Paterson Apartments
What is the Cheapest Studio apartment in Paterson?
Currently the most affordable Cheap Studio Apartment in Paterson is at 324,339 and 431 Broadway listed at $1,150.
How much is rent for a Cheap One Bedroom Paterson Apartment?
The lowest price for a Cheap One Bedroom Paterson Apartment is $1,398 at Freedom Village Senior 55+.
What is the lowest price for a Cheap Two Bedroom Paterson Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Paterson is starting from $1,703 at Valley View Apartments.
What is the most affordable Paterson Three Bedroom Apartment?
The best deal on a cheap Paterson Three Bedroom Apartment rental is at The Godwin Lofts and starts from $2,200.
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.
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.
What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
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.
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.