Cheap Apartments for Rent in Wayne, NJ from $900 (24 Rentals)

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Search the lowest-cost Apartments available for rent right now in Wayne.

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.

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Redwood Village
1 Bedroom Apartments

Redwood Village

311 Redwood AvePaterson, NJ 07522
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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

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.

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Riverview Towers
1 to 2 Bedroom Apartments

Riverview Towers

85-105 Presidential BlvdPaterson, NJ 07522
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Pompton Lakes
1 to 2 Bedroom Apartments

Pompton Lakes

15 Broad StPompton Lakes, NJ 07442
  • Utilities Included

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.

Wayne, NJ Local Guide

Cheapest Neighborhoods for Apartments in Wayne, NJ

Pricing Updated: 05/10/2025

Current apartment rentals in the Wayne, NJ area range in price from $950 to $5,730 with an overall median price of $5,013. The three Wayne neighborhoods with the lowest median rent pricing are Preakness at $950, Pines Lake at $1,850, and Pompton Lake at $1,850. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Wayne Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Preakness$4,805$95094
Pines Lake$4,830$1,85022
Pompton Lake$4,830$1,85016
Lionshead Lake$5,205$1,65038
Packanack Lake$5,205$1,65059
Toms Lake$5,205$1,65043

Cheapest Available Wayne Apartments for Rent

 

The cheapest available apartment rental in Wayne, NJ is a 1 Bed unit found at Mill Street Square - 3318 in the Stoney Road neighborhood priced from $1,816. Brownstone and Main Union Apartments in the Estates at Hilltop neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,875. Here is today’s list of the most affordable Wayne apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mill Street Square - 3318One Bedroom 80%1BR,1BA$1,816
Brownstone and Main Union Apartments1x1 7201BR,1BA$1,875
Kings Arms Garden Apartments1 bedroom1BR,1BA$1,950
Meridia Transit Village1A1BR,1BA$2,050
Haledon Estates ApartmentsLow Rise One Bedroom1BR,1BA$2,061

Best Value Apartments for Rent in Wayne, NJ

As of May 10, 2025 the best value apartment in the Wayne area is the $1.73 price per square foot Two Bedroom Model at Sunset Ridge at Totowa in the in the Stoney Road neighborhood starting from $2,850. The second greatest value Wayne apartment is the 37 Rutherford Ct Model at 37 Rutherford Ct starting at $2,200 with a $1.47 price per square foot in the Preakness neighborhood. Here is today’s list of the best values for Wayne apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sunset Ridge at TotowaTwo Bedroom2BR,2BA$1.73
37 Rutherford Ct37 Rutherford Ct2BR,1BA$1.47
Woodcrest At Fairfield- 55+$2.35/sq.ft. - Dogwood2BR,2BA$2.54
The Manor at Totowa2 Bed/ 2 Bath2BR,2BA$2.44
38 Roseland Ave1 Bed / 1 Bath1BR,1BA$2.15
230 Union Ave, Unit First Floor230 Union Ave2BR,1BA$1.55
Manchester Village1 X 11BR,1BA$2.47
Haledon Estates ApartmentsGarden One Bedroom1BR,1BA$2.57
Berdan Court1BR/1BA1BR,1BA$2.73
Brownstone and Main Union Apartments1x1 7201BR,1BA$2.60

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Explore Wayne, NJ Rentals by Map

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Getting Around Wayne, NJ

Walk Score®

47 / 100

Car-Dependent

Most errands require a car

Bike Score®

37 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Wayne Apartments

What is the price of a cheap apartment in Wayne?

The cheapest apartment in Wayne is Mill Street Square - 3318 which is listed at $1,816, while the average apartment in Wayne costs $5,013.

What types of apartments are the cheapest in Wayne?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4 regular apartments in Wayne that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Wayne?

Cheap apartments in Wayne have an average cost of $121 which is $4,892 cheaper than the average rent for all rentals in Wayne.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

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Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

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