Cheap Homes for Rent in Downtown Paterson Neighborhood of Paterson, NJ from $1,400 (4 Rentals)

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

property at 67 Jersey St

67 Jersey St

PatersonNJ07501
property at 36 N 8th St

36 N 8th St

PatersonNJ07522

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Downtown Paterson, Paterson, NJ Local Guide

Best Value Apartments for Rent in Downtown Paterson, NJ

As of April 18, 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 Riverwalk1 Bed 1 Bath + Den1BR,1BA$2.51
Fair Lawn Promenade$3.55/sq.ft. - 1A.21BR,1BA$3.61
Haledon Estates ApartmentsGarden One Bedroom1BR,1BA$2.67
Hilltop Manor ApartmentsTwo Bedroom Dining Room2BR,1BA$3.19
Freedom Village Senior 55+1 Bedroom1BR,1BA$2.08
Mill Street Square - 3318One Bedroom 80%1BR,1BA$3.02
324,339 and 431 Broadway339 BroadwayStudio ,1BA$2.67

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Frequently Asked Questions about Downtown Paterson

What type of rentals are currently available in Downtown Paterson?

There are currently 129 Apartments for Rent in Downtown Paterson, NJ with pricing that ranges from $1,275 to $5,747. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Paterson ranging from $1,450 to $3,399.

What is the current price range for Rental Homes in Downtown Paterson?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Paterson ranges from $1,450 to $3,399 with an average monthly rent of $2,458.

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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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.

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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.