241 Warren St
PatersonNJ07524
Cheap Apartments for Rent in Paterson, NJ from $700 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in Paterson.
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from $1,150Studio to 1 Bedroom Apartments Available Now
324,339 and 431 Broadway
324 BroadwayPaterson, NJ 07501
370 E 18th St
PatersonNJ07524
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from $1,3981 Bedroom Apartments Available Now
Freedom Village Senior 55+
69 Straight StPaterson, NJ 07501
267 Fair St
PatersonNJ07501
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from $1,600Studio Apartments Contact Us For Availability
59-63 Courtland St
59-63 Courtland StPaterson, NJ 07503
103 Belmont Ave
PatersonNJ07522
581 E 18th St
PatersonNJ07514
88 Vernon Ave
PatersonNJ07503
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36 Prescott Ave
CliftonNJ07011
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182 W 4th St
CliftonNJ07011
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from $1,5951 to 2 Bedroom Apartments Available Now
Martha Washington Apartments
1401 Van Houten AveClifton, NJ 07013
5 Sewall Ave
CliftonNJ07011
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from $1,6951 to 2 Bedroom Apartments Available May 1
Fairlawn Properties
16-64 Chandler DrFair Lawn, NJ 07410
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from $1,700Studio Apartments Available Now
Lafayette Park Apartments
285 Lafayette AveHawthorne, NJ 07506
231 Palisade Ave
GarfieldNJ07026
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Showing Results 1-48, 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 | $1,716 | $1,275 | $2,095 |
| Cheap Paterson 1 Bedroom Apartments | $2,521 | $1,040 | $4,514 |
| Cheap Paterson 2 Bedroom Apartments | $3,183 | $1,100 | $5,747 |
| Cheap Paterson 3 Bedroom Apartments | $2,969 | $2,000 | $5,405 |
| Cheap Paterson 4 Bedroom Apartments | $2,783 | $2,400 | $3,400 |
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: 04/16/2025Current apartment rentals in the Paterson, NJ area range in price from $1,200 to $5,747 with an overall median price of $3,496. The three Paterson neighborhoods with the lowest median rent pricing are Great Falls at $1,275, Lakeview at $1,275, and South Paterson at $1,275. 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 |
|---|---|---|---|
| Great Falls | $2,850 | $1,275 | 38 |
| Lakeview | $2,900 | $1,275 | 88 |
| South Paterson | $2,900 | $1,275 | 77 |
| Totowa | $2,900 | $1,275 | 30 |
| Eastside Park | $3,200 | $1,200 | 58 |
| Peoples Park | $3,200 | $1,275 | 88 |
| Sandy Hill | $3,250 | $1,275 | 88 |
| Hillcrest | $3,300 | $1,275 | 60 |
| Stoney Road | $3,300 | $1,275 | 40 |
| Manor | $3,475 | $1,200 | 124 |
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 |
| 59-63 Courtland St | Studio | Studio,1BA | $1,600 |
| Lafayette Park Apartments | Studio | Studio,1BA | $1,700 |
| 35 McKinley | 1 BD | 1BR,1BA | $1,749 |
| Kent Village | 1 bedroom | 1BR,1BA | $1,750 |
| Mill Street Square - 3318 | One Bedroom 80% | 1BR,1BA | $1,816 |
| 442-446 Monroe St. | 1 Bedroom | 1BR,1BA | $1,850 |
Best Value Apartments for Rent in Paterson, NJ
As of April 16, 2025 the best value apartment in the Paterson area is the $1.30 price per square foot 223 Miller Ave Model at 223 Miller Ave in the in the Lakeview neighborhood starting from $2,600. The second greatest value Paterson apartment is the 171 Godwin Ave Model at 171 Godwin Ave, Unit 2 starting at $3,300 with a $1.65 price per square foot in the Stoney Road 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. |
|---|---|---|---|
| 223 Miller Ave | 223 Miller Ave | 2BR,1BA | $1.30 |
| 171 Godwin Ave, Unit 2 | 171 Godwin Ave | 5BR,2BA | $1.65 |
| 33 Fournier Cres | 33 Fournier Cres | 3BR,2BA | $1.98 |
| Fair Lawn Commons | $2.69/sq.ft. - The Essex | 2BR,2BA | $1.56 |
| 193 Temple St | 193 Temple St | 3BR,1BA | $1.50 |
| Sunset Ridge at Totowa | Two Bedroom | 2BR,2BA | $1.73 |
| 184 Lafayette St, Unit 2nd | 184 Lafayette St | 3BR,1BA | $1.87 |
| 33 12th Ave, Unit 3 | 33 12th Ave | 3BR,2BA | $1.92 |
| 75 Jersey St, Unit 75 B | 75 Jersey St | 2BR,1BA | $1.79 |
| 18 N 7th St, Unit 1 | 18 N 7th St | 3BR,1.5BA | $2.00 |
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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 a cheap apartment in Paterson?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Paterson is under $1,850.
What is the price of a cheap apartment in Paterson?
The cheapest apartment in Paterson is Freedom Village Senior 55+ which is listed at $1,398, while the average apartment in Paterson costs $3,496.
What types of apartments are the cheapest in Paterson?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 56 regular apartments in Paterson that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Paterson?
Cheap apartments in Paterson have an average cost of $265 which is $3,231 cheaper than the average rent for all rentals in Paterson.
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.
Know Your Rights - How Discrimination Laws Impact Landlords & 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.
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.
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.