Cheap Apartments for Rent in 07501
210 rentals
- NEW - 12 HRS AGOAPPLY INSTANTLYPET FRIENDLY
- APPLY INSTANTLY
- APPLY INSTANTLYPET FRIENDLY
- NEW - 1 DAY AGOPET FRIENDLY
- FURNISHED$1,350 - $1,500/moStudio-1 Bed1 Bath324 broadwayholdings llc | 431 Broadway #ff06492cd,
Paterson, NJ 07501 - NEW - 1 DAY AGO
- NEW - 1 DAY AGOAPPLY INSTANTLYPET FRIENDLY
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Average Rent Trends in 07501
Rent in 07501 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,900 |
| Jul 2025 | $1,850 |
| Aug 2025 | $1,849 |
| Sep 2025 | $1,718 |
| Oct 2025 | $1,754 |
| Nov 2025 | $1,800 |
| Dec 2025 | $1,800 |
| Jan 2026 | $1,950 |
| Feb 2026 | $1,900 |
| Mar 2026 | $1,850 |
| Apr 2026 | $1,896 |
| May 2026 | $1,954 |
Average Rent By Bedroom and Home Type
In May 2026, Houses were the most affordable home type to rent compared with Townhomes and Apartments and Condos.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,568 | $1,963 | $2,250 | $2,650 | $1,950 |
| Townhomes | $1,700 | $1,700 | $2,650 | — | $1,700 |
| Apartments and Condos | $1,568 | $1,968 | $2,150 | $2,650 | $1,963 |
| Houses | $1,659 | $1,517 | $2,100 | — | $1,659 |
Frequently Asked Questions about Rentals in 07501
- What is the average rent in 07501?The average rent in 07501 is $1,950. Rent prices range from $1,200 to as much as $3,500, depending on the type of rental.
- How does the rent in 07501 compare to the national average?Average rent in 07501 is about 2% higher than the national average rent of $1,910. That means it is more expensive to rent in 07501 compared to the U.S. average.
- What is the average rent in 07501, by number of bedrooms?The average rent in 07501 is $1,590 for a studio, $1,568 for a 1 bedroom, $1,963 for a 2 bedroom, $2,250 for a 3 bedroom, and $2,650 for a 4 bedroom.
- How have rent prices in 07501 changed compared to last year?In the past year, the average rent price in 07501 has decreased by $13. That means the average rent is 1% lower than last year.
- How many available rental listings are in 07501?There are 206 available rental listings in 07501.
- What are some cities near 07501?Some nearby cities include: Paterson, Prospect Park, Haledon, Woodland Park, Totowa, Elmwood Park. These cities may have more rental options to explore.

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