Average Rent in Paterson, NJ

Paterson rentals average $1,850 for a 1-bedroom rental to $2,575 for a 4-bedroom rental. The median price of all currently available listings is $2,500, or roughly $30 per square feet.

For the apartment units and housing in July 2026, median rents have risen substantially over the last year. Studio rentals prices have decreased by $117 (-7.00%) year-over-year from $1,667 to $1,550. 1-bedroom rentals prices have increased by $283 (18.09%) year-over-year from $1,567 to $1,850. 2-bedroom rentals prices have increased by $592 (28.06%) year-over-year from $2,108 to $2,700. 3-bedroom rentals prices have increased by $100 (4.17%) year-over-year from $2,400 to $2,500. 4-bedroom rentals prices have decreased by $458 (-15.49%) year-over-year from $2,958 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 down by 0.00% this month. 1-bedroom rents have gone down by 3.90% this month. 2-bedroom rents have gone up by 19.12% this month. 3-bedroom rents have gone up by 5.63% this month. 4-bedroom rents have gone down by 2.91% this month.