
Cheap Homes for Rent in Paterson, NJ from $1,400 (24 Rentals)
Search the lowest-cost Homes available for rent right now in Paterson.


67 Jersey St

267 Fair St

193 Ray St

36 N 8th St

182 Main St

898 Main Ave

179 Michigan Ave

1007 Unicorn Way

220 Palisade Ave, Unit 1B
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.

122 Buffalo Ave

249 5th Ave

364 River Dr

10 Mahar Ave

113 Butler St

95 Jewell St

940 McBride Ave

99 Butler St

655 Crooks Ave

14 Yereance Ave

116 Market St

137 Illinois Ave

83 Orchard St

91 Wagaraw Blvd
Paterson, NJ Local Guide

How much does it cost to rent a home in Paterson?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Paterson 2 Bedroom Homes for Rent | $2,331 | $1,850 | $3,800 |
Paterson 3 Bedroom Homes for Rent | $2,879 | $2,000 | $4,100 |
Paterson 4 Bedroom Homes for Rent | $3,992 | $2,200 | $6,200 |
Browse Top Homes for Rent in Paterson
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Paterson, NJ Local Guide
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Cheapest Neighborhoods for Apartments in Paterson, NJ
Pricing Updated: 04/17/2025Current apartment rentals in the Paterson, NJ area range in price from $1,040 to $5,747 with an overall median price of $3,503. 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 | 41 |
Lakeview | $2,900 | $1,275 | 89 |
South Paterson | $2,900 | $1,275 | 79 |
Totowa | $2,900 | $1,275 | 31 |
Eastside Park | $3,200 | $1,200 | 60 |
Peoples Park | $3,200 | $1,275 | 89 |
Sandy Hill | $3,250 | $1,275 | 92 |
Hillcrest | $3,300 | $1,275 | 65 |
Stoney Road | $3,300 | $1,275 | 44 |
Manor | $3,475 | $1,040 | 125 |
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 |
Best Value Apartments for Rent in Paterson, NJ
As of April 17, 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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Frequently Asked Questions about Paterson
What type of rentals are currently available in Paterson?
There are currently 800 Apartments for Rent in Paterson, NJ with pricing that ranges from $1,200 to $5,747. There are also 76 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paterson ranging from $1,450 to $6,200.
What is the current price range for Rental Homes in Paterson?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Paterson ranges from $1,450 to $6,200 with an average monthly rent of $2,803.
How much are larger Three and Four Bedroom Rentals in Paterson?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Paterson range from $2,000 to $5,325, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $4,100. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $2,400.
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 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.

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.