What's the average rent in Paterson, NJ?

Rental Market Trends in Paterson, NJ

SOURCE: TRULIA DATA

Rental market highlights

As of June 2026, the average rent in Paterson, NJ is $1,995 per month, which is 2% higher than the national average rent of $1,951 per month.

AVERAGE RENT

$1,995
-0.3%
-$5 decrease month-over-month
-7.2%
-$155 decrease year-over-year

AVAILABLE RENTALS

506

APARTMENTS

$1,974

HOUSES

$2,200

TOWNHOUSES

$2,100
As of June 2026, apartments are the most affordable rental option in Paterson, NJ at $1,974 per month, while houses are the most expensive at $2,200 per month. Townhomes average $2,100 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$1,650
2 Bedrooms$1,950
3 Bedrooms$2,300
4 Bedrooms$2,650
All$1,995
As of June 2026, the average rent for a 1 bedroom rental in Paterson, NJ is $1,650 per month, followed by $1,950 for a 2 bedroom rental, $2,300 for a 3 bedroom rental, and $2,650 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -8% compared to the previous year, which is a $181 decrease.
This year (2026)
Last year (2025)

Rent distribution

57% of rentals have rent of $1,500-$2,199/month

Rental price range

The price range for rentals is $650 to $4,050.
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