67 Jersey St
PatersonNJ07501
Cheap Homes for Rent in Downtown Paterson Neighborhood of Paterson, NJ from $1,400 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Paterson area of Paterson.
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
36 N 8th St
PatersonNJ07522
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
252 N 7th St
Prospect ParkNJ07508
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.
73 Haledon Ave
PatersonNJ07522
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Downtown Paterson, Paterson, NJ Local Guide
How much does it cost to rent a home in Downtown Paterson?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Paterson 2 Bedroom Homes for Rent | $2,450 | $2,400 | $2,500 |
| Downtown Paterson 3 Bedroom Homes for Rent | $2,600 | $2,400 | $2,950 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Downtown Paterson Neighborhood of Paterson, NJ.
Explore Paterson
Downtown Paterson, Paterson, NJ Local Guide
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Best Value Apartments for Rent in Downtown Paterson, NJ
As of May 12, 2025 the best value apartment in the Downtown Paterson area is the $1.79 price per square foot 75 Jersey St Model at 75 Jersey St, Unit 75 B in the in the Stoney Road neighborhood starting from $2,500. The second greatest value Downtown Paterson apartment is the B10 Model at Hedges at Hawthorne starting at $3,920 with a $3.16 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. |
|---|---|---|---|
| 75 Jersey St, Unit 75 B | 75 Jersey St | 2BR,1BA | $1.79 |
| Hedges at Hawthorne | B10 | 2BR,2BA | $3.16 |
| The Landings at Riverwalk | 1 Bed 1 Bath + Den | 1BR,1BA | $2.92 |
| Fair Lawn Promenade | $3.33/sq.ft. - 1A.2 | 1BR,1BA | $3.38 |
| Hilltop Manor Apartments | Two Bedroom Dining Room | 2BR,1BA | $3.19 |
| 326 Grand St, Unit 1R | 326 Grand St | 2BR,1BA | $2.19 |
| 42-52 Essex St | Two Bedroom | 2BR,1BA | $2.50 |
| Freedom Village Senior 55+ | 1 Bedroom | 1BR,1BA | $2.08 |
| Mill Street Square - 3318 | One Bedroom 80% | 1BR,1BA | $3.02 |
| 324,339 and 431 Broadway | 339 Broadway | Studio ,1BA | $2.67 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Downtown Paterson
What type of rentals are currently available in Downtown Paterson?
There are currently 134 Apartments for Rent in Downtown Paterson, NJ with pricing that ranges from $1,275 to $5,712. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Paterson ranging from $1,450 to $3,000.
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 $3,000 with an average monthly rent of $2,418.
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.