Cheap Apartments for Rent in the Downtown Paterson Neighborhood of Paterson, NJ from $800 (11 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Paterson area of Paterson.

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57 Madison St
Studio Apartments

57 Madison St

57 Madison StPaterson, NJ 07501
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191 Market St
1 to 2 Bedroom Apartments

191 Market St

191 Market StPaterson, NJ 07505
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Colt Arms Apartments
Studio to 1 Bedroom Apartments

Colt Arms Apartments

18-56 Godwin StPaterson, NJ 07501
Senior Living
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Riverview Towers
1 to 2 Bedroom Apartments

Riverview Towers

125-145 Presidential BlvdPaterson, NJ 07522
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44 Beech St
1 Bedroom Apartments

44 Beech St

44 Beech StPaterson, NJ 07501
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216 Straight St
1 to 4 Bedroom Apartments

216 Straight St

216 Straight StPaterson, NJ 07501
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Riverview Towers
1 to 2 Bedroom Apartments

Riverview Towers

85-105 Presidential BlvdPaterson, NJ 07522
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42-52 Essex St
1 to 3 Bedroom Apartments

42-52 Essex St

42-52 Essex StPaterson, NJ 07501
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Downtown Paterson, Paterson, NJ Local Guide

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 ListingModel NameBed/BathPriced From
324,339 and 431 Broadway339 BroadwayStudio,1BA$1,150
Freedom Village Senior 55+1 Bedroom1BR,1BA$1,398
Mill Street Square - 3318One Bedroom 80%1BR,1BA$1,816
Haledon Estates ApartmentsLow Rise One Bedroom1BR,1BA$2,050
The Landings at Riverwalk1 Bed 1 Bath + Den1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
193 Temple St193 Temple St3BR,1BA$1.50
75 Jersey St, Unit 75 B75 Jersey St2BR,1BA$1.79
Hedges at HawthorneB82BR,2BA$3.20
The Landings at Riverwalk2 Bed 2 Bath2BR,2BA$2.70
Fair Lawn Promenade$3.55/sq.ft. - 1A.21BR,1BA$3.61
Haledon Estates ApartmentsLow Rise One Bedroom1BR,1BA$2.52
Freedom Village Senior 55+1 Bedroom1BR,1BA$2.08
Skyline Square LoftsOne Bedroom1BR,1BA$3.87
Mill Street Square - 3318One Bedroom 80%1BR,1BA$3.02
324,339 and 431 Broadway339 BroadwayStudio ,1BA$2.67

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Pet Friendly Lifestyle
Downtown Paterson, Paterson, NJ

Ranked #1

Among neighborhoods in Paterson, NJ for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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

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.

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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.

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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.

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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.