Average Rent in Paterson, NJ and Rent Price Trends

Rent price trends in
Paterson, NJ

Rent price trends

Rent prices for all bedroom counts and property types in Paterson, NJ have decreased by 3% in the last month and have decreased by 4% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Paterson, NJ
The monthly rent for an apartment in Paterson, NJ is $2,100. A 1-bedroom apartment in Paterson, NJ costs about $1,600 on average, while a 2-bedroom apartment is $2,100. Houses for rent in Paterson, NJ are more expensive, with an average monthly cost of $2,500.


1 bedroom	$1,600	7%	7%
2 bedroom	$2,100	1%	6%
3 bedroom	$2,400	No Change	4%
4 bedroom	$2,900	2%	6%
Studio	$1,800	11%	39%

		Comparables
Downtown Paterson	$2,000
Eastside	$2,200
Hillcrest	$2,150
Old Great Falls Historic District	$2,045
Riverside	$2,250
South Paterson	$2,100


Apartments	$2,100	1%	No Change
Condos	$2,000	3%	No Change
Houses	$2,500	1%	No Change
Rooms	$900	38%	-

Studio

Average rent

$1,800

Last 30 days

11%

Last year

39%

1 bedroom

Average rent

$1,600

Last 30 days

Last year

2 bedroom

Average rent

$2,100

Last 30 days

Last year

3 bedroom

Average rent

$2,400

Last 30 days

No Change

Last year

4 bedroom

Average rent

$2,900

Last 30 days

Last year

The table above reflects average rent prices in Paterson, NJ, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Paterson, NJ to other cities

Median rent prices in Paterson, NJ for all bedroom counts and property types compared to Belleville, NJ.

Paterson

Median rent price$2,200

16%

higher than the national median

Median rent price$2,250

18%

higher than the national median

Takeaway

The median rent for all rentals in Paterson, NJ is 2% lower than the median rent in Belleville, NJ.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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