
Cheap Apartments for Rent in the Downtown Paterson Neighborhood of Paterson, NJ from $800 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Paterson area of Paterson.


Freedom Village Senior 55+
Downtown Paterson, Paterson, NJ Local Guide

How much does it cost to rent an apartment in Downtown Paterson?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Paterson Studio Apartments | $1,275 | $1,275 | $1,275 |
Downtown Paterson 1 Bedroom Apartments | $3,127 | $1,398 | $4,514 |
Downtown Paterson 2 Bedroom Apartments | $4,163 | $2,170 | $5,863 |
Downtown Paterson 3 Bedroom Apartments | $3,679 | $2,495 | $5,220 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Downtown Paterson Neighborhood of Paterson, NJ.
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Downtown Paterson, Paterson, NJ Local Guide
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Cheapest Available Downtown Paterson Apartments for Rent
 The cheapest available apartment rental in the Downtown Paterson area of Paterson, NJ is a Studio unit found at 324,339 and 431 Broadway priced from $1,150. Freedom Village Senior 55+ has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,398. Here are the most affordable Downtown Paterson apartments for rent in Paterson, NJ:
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 |
Mill Street Square - 3318 | One Bedroom 80% | 1BR,1BA | $1,816 |
Haledon Estates Apartments | Low Rise One Bedroom | 1BR,1BA | $2,050 |
The Landings at Riverwalk | 1 Bed 1 Bath + Den | 1BR,1BA | $2,311 |
Best Value Apartments for Rent in Downtown Paterson, NJ
As of April 09, 2025 the best value apartment in the Downtown Paterson area is the $1.50 price per square foot 193 Temple St Model at 193 Temple St in the in the Stoney Road neighborhood starting from $2,550. The second greatest value Downtown Paterson apartment is the 75 Jersey St Model at 75 Jersey St, Unit 75 B starting at $2,500 with a $1.79 price per square foot in the Stoney Road neighborhood. Here is today’s list of the best values for Downtown Paterson apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
193 Temple St | 193 Temple St | 3BR,1BA | $1.50 |
75 Jersey St, Unit 75 B | 75 Jersey St | 2BR,1BA | $1.79 |
Hedges at Hawthorne | B8 | 2BR,2BA | $3.20 |
The Landings at Riverwalk | 2 Bed 2 Bath | 2BR,2BA | $2.70 |
Fair Lawn Promenade | $3.55/sq.ft. - 1A.2 | 1BR,1BA | $3.61 |
Haledon Estates Apartments | Low Rise One Bedroom | 1BR,1BA | $2.52 |
Freedom Village Senior 55+ | 1 Bedroom | 1BR,1BA | $2.08 |
Skyline Square Lofts | One Bedroom | 1BR,1BA | $3.87 |
Mill Street Square - 3318 | One Bedroom 80% | 1BR,1BA | $3.02 |
324,339 and 431 Broadway | 339 Broadway | Studio ,1BA | $2.67 |
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Pet Friendly LifestyleDowntown Paterson, Paterson, NJ
Ranked #1
Among neighborhoods in Paterson, NJ for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Downtown Paterson, Paterson, NJ
Norman S. Weir Elementary School
Alexander Hamilton Academy
School data provided by Great Schools
Getting Around the Downtown Paterson Neighborhood in Paterson, NJ
Walk Score®
92 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
49 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
62 / 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 Downtown Paterson Apartments
How much is rent for a Cheap One Bedroom Downtown Paterson Apartment?
The lowest price for a Cheap One Bedroom Downtown Paterson Apartment is $1,398 at Freedom Village Senior 55+.
What is the lowest price for a Cheap Two Bedroom Downtown Paterson Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Paterson is starting from $2,170 at Mill Street Square - 3318.
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.

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.

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.