Cheap Apartments for Rent in Paterson, NJ
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FURNISHED$1,350 - $1,500/mo
Studio-1 Bed
1 Bath324 broadwayholdings llc | 431 Broadway #ff06492cd,
Paterson, NJ 07501
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Average Rent Trends in Paterson, NJ
Rent in Paterson, NJ varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,181 |
| Jul 2025 | $2,100 |
| Aug 2025 | $2,100 |
| Sep 2025 | $1,995 |
| Oct 2025 | $1,938 |
| Nov 2025 | $2,000 |
| Dec 2025 | $1,985 |
| Jan 2026 | $2,000 |
| Feb 2026 | $2,000 |
| Mar 2026 | $2,000 |
| Apr 2026 | $2,000 |
| May 2026 | $2,000 |
Average Rent By Bedroom and Home Type
In May 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,636 | $1,963 | $2,300 | $2,600 | $2,000 |
| Townhomes | $1,700 | $1,799 | $2,300 | $2,400 | $1,995 |
| Apartments and Condos | $1,636 | $1,963 | $2,300 | $2,600 | $2,000 |
| Houses | $1,200 | $1,700 | $2,250 | $2,400 | $2,200 |
Frequently Asked Questions about Rentals in Paterson, NJ
- What is the average rent of an apartment in Paterson, NJ?The average rent of an apartment in Paterson, NJ is $2,030 per month. This is about 5% higher than the national average.
- What is the average rent of a house in Paterson, NJ?The average rent of a house in Paterson, NJ is $2,200 per month. This is about 14% higher than the national average.
- What is the average rent of a townhome in Paterson, NJ?The average rent of a townhome in Paterson, NJ is $1,995 per month. This is about 3% higher than the national average.
- When is the average rent cheapest in Paterson, NJ?In the last year, the average rent in Paterson, NJ was lowest in Oct 2025 when it was $1,938 per month.
- When is the average rent most expensive in Paterson, NJ?In the last year, the average rent in Paterson, NJ was highest in Jun 2025 when it was $2,181 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Paterson, NJ?The average rent of a 1 bedroom apartment in Paterson, NJ is $1,636 per month. That is about $136 more than the cost of a studio apartment.
- How many available rental listings are in Paterson, NJ?There are 517 available rental listings in Paterson, NJ.
- What are some neighborhoods in Paterson, NJ?Some neighborhoods in Paterson, NJ include: Riverside, Totowa, Eastside, Sandy Hill, South Paterson.
- What are some zip codes in Paterson, NJ?
- What are some cities near Paterson, NJ?Some nearby cities include: Prospect Park, Haledon, Elmwood Park, Woodland Park, Fair Lawn. These cities may have more rental options to explore.
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