Paterson, NJ Rental Market Trends
What is the average rent in Paterson?
The average rent for an apartment in Paterson is $1,707. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Paterson, NJ
Last updated May 2025
| Average Rent | Average Apartment Size |
|---|---|
| $1,707 | 729 sq. ft. |
What is the average apartment size in Paterson?
The average size for a Paterson, NJ apartment is 729 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Paterson, NJ apartment rent ranges
Paterson, NJ Occupied Housing Units
36,661 or 74% of the households in Paterson, NJ are renter-occupied while 13,027 or 26% are owner-occupied.
Paterson, NJ rent trends
Average Rent in Paterson, NJ By Neighborhood
| City | Average Rent |
|---|---|
| Eastside Paterson | $2,008 |
| Manor | $1,987 |
| Totowa | $1,335 |
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What are the most affordable neighborhoods in Paterson?
The most affordable neighborhoods in Paterson are Totowa, where the average rent goes for $1,335/month, Manor, where renters pay $1,987/mo on average, and Eastside Paterson, where the average rent goes for $2,008/mo.
Paterson | Rent Comparison by Neighborhood
Rent in Eastside Paterson is 1% higher than in Manor
$2,008
Eastside Paterson rent is 18% higher than Paterson average
Average Rent
$2,008
$1,987
Manor rent is 16% higher than Paterson average
Average Rent
$1,987
How Paterson Compares to Other Cities
| State | Average Rent |
|---|---|
| Paterson | $1,707 |
| Jersey City | $3,756 |
| Jersey Shore | $2,139 |
| Newark | $1,729 |
| East Orange | $1,852 |
| Elizabeth | $1,879 |
| Hoboken | $4,498 |
| Bayonne | $2,602 |
| Summit | $2,854 |
| New Brunswick | $2,501 |
| Princeton | $3,143 |
| Hackensack, NJ | $2,567 |
| Clifton, NJ | $2,176 |
| Garfield, NJ | $2,307 |
| Passaic, NJ | $1,786 |
What is the average price for a storage unit in Paterson?
The average rent for a non-climate-controlled 10'x10' storage unit in Paterson is $165.42. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Paterson
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Skyline Square
22-36 Bloomfield Ave., Paterson, NJ 07503| 1 BED | $2,400+ |
| 2 BEDS | $2,900+ |
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Valley View Apartments
Katz Avenue, Paterson, NJ 07502| 1 BED | $1,609 |
Ralson Apartments
272-294 Lakeview Ave, 427 Crooks Ave, Paterson, NJ 07503| 1 BED | $1,569+ |
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Skyline Plaza
859 Main St, Paterson, NJ 07503| STUDIO | $4,000 |
| 2 BEDS | $2,400+ |