Average Rent in Paterson, NJ

Home » NJ » Paterson

Current Versus Historical Paterson, NJ Rents

Paterson rentals average $1,300 for a studio rental to $2,600 for a 4-bedroom rental. The median price of all currently available listings is $2,200, or roughly $30 per square feet.

For the apartment units and housing in September 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $44 (-3.31%) year-over-year from $1,344 to $1,300. 1-bedroom rentals prices have decreased by $67 (-4.06%) year-over-year from $1,642 to $1,575. 2-bedroom rentals prices have decreased by $217 (-10.74%) year-over-year from $2,017 to $1,800. 3-bedroom rentals prices have decreased by $167 (-6.90%) year-over-year from $2,417 to $2,250. 4-bedroom rentals prices have decreased by $875 (-25.93%) year-over-year from $3,375 to $2,500. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 1.79% this month. 1-bedroom rents have gone down by 5.97% this month. 2-bedroom rents have gone down by 15.63% this month. 3-bedroom rents have gone down by 5.59% this month. 4-bedroom rents have gone down by 0.00% this month.

Beds	Price / Sqft	Sep 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	N/A	$1,300	$1,344 (-3.31%)	$1,675 (-22.39%)
1 BR	N/A	$1,575	$1,642 (-4.06%)	$1,542 (2.16%)
2 BR	$30.42	$1,800	$2,017 (-10.74%)	$2,092 (-13.94%)
3 BR	N/A	$2,250	$2,417 (-6.90%)	$2,267 (-0.74%)
4+ BR	N/A	$2,500	$3,375 (-25.93%)	$2,892 (-13.54%)

Historical Rents in Paterson, NJ

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Paterson

There are a total of 2 cities nearby Paterson. The average rent in Paterson is currently $2,400 per month. Our records show that Hackensack, NJ, with an average rent of $2,300, is the most affordable city nearby. In contrast, the most expensive city near Paterson, NJ is Garfield, NJ. Monthly rents here are on average $2,500 per month.

Let's compare Paterson, NJ's rent against other top cities nearby by bedroom size. Typically, rent for studios in Paterson, NJ is 19.23% more affordable than other cities nearby. One bedrooms are about 17.17% more affordable. Two bedrooms in Paterson, NJ are about 6.82% more affordable. Finally, rent for three bedrooms are about 40.76% more affordable. Want more information? Check out the top 2 cities near Paterson, NJ in the following table.

City	Studio	1 Bed	2 Bed	All
Hackensack, NJ	$1,550	$1,900	$2,500	$2,300
Garfield, NJ	$1,550	$1,850	$2,200	$2,500

Top Neighborhoods Near Paterson

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Paterson

There are a total of 1 counties located by Paterson, NJ. One county in the area is Bergen, NJ. The average rent for rentals in these counties is $3,000. That's roughly around $30 per sqft. The county that is the most affordable is Bergen, NJ. Its average rent per month is $3,000. Vice versa, with an average rent of $3,000, Bergen, NJ is the most expensive county by Paterson, NJ.

Typically, rent for studios in Paterson, NJ is 23.08% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Paterson, NJ is 31.25% more affordable than other counties nearby. Finally, rent for two bedrooms in Paterson, NJ is 22.73% more affordable than other counties nearby. We've listed all of these counties in the table below.

County	Studio	1 Bed	2 Bed	All
Bergen, NJ	$1,600	$2,100	$2,700	$3,000

Top Zipcodes Near Paterson

There are a total of 2 zipcodes in or near Paterson, NJ. The average rent for all of these zipcodes is $2,400.

Studios in these zipcodes have an average rent of $1,550. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Paterson, NJ is $1,875 per month. Meanwhile, two bedroom apartments will cost you an average of $2,350 per month. The following table includes the top 2 zipcodes in Paterson, NJ. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
07601, Hackensack, NJ	$1,550	$1,900	$2,500	$2,300
07026, Garfield, NJ	$1,550	$1,850	$2,200	$2,500

Frequently Asked Questions - Paterson Average Rents

What is the average rent price in Paterson, NJ?

The average monthly rental price for Paterson, NJ apartments for rent is approximately $2,200. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Paterson, NJ rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Paterson, NJ.

How much is a studio apartment in Paterson, NJ?

The average monthly rental price for studio apartments is $1,300. There are a total of 1 studio apartment listings currently available for rent in Paterson.

How much is a one bedroom apartment in Paterson, NJ?

The average monthly rental price for one bedroom apartments is $1,600. There are a total of 9 one bedroom apartment listings currently available for rent in Paterson.

How much is a two bedroom apartment in Paterson, NJ?

The average monthly rental price for two bedroom apartments is $2,200 and an average price per square feet of $30.42. There are a total of 19 two bedroom apartment listings currently available for rent in Paterson.

How have rent prices in Paterson, NJ changed this year?

Rent prices for rentals in Paterson, NJ can fluctuate yearly. Specifically, studio rental prices have changed by -0.03%, one bedroom rental prices have changed by -0.04%, two bedroom rental prices have changed by -0.11%, three bedroom rental prices have changed by -0.07% year-over-year.

What is a reasonable rent price in Paterson, NJ?

A reasonable rent price in Paterson, NJ is around $1,760/month. You can search for these reasonably priced rental listings on RentHop.