Rental market trends in Paterson, NJ
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Average Apartment Cost in Paterson, NJ
The average rent for apartments in Paterson, NJ, is between $1,150 and $2,000 in 2023. For a studio apartment in Paterson, NJ, the average rent is $1,150. When it comes to 1-bedroom apartments, the average rent in Paterson, NJ, is $1,544. For a 2-bedroom apartment, the average rent is $2,000.
Apartment Rent Ranges in Paterson, NJ
Apartment Prices Proportion | |||||
|---|---|---|---|---|---|
| $501-$700 | 0% | $701-$1,000 | 0% |
How Other Cities Compare to Paterson, NJ
| City | Studio Avg Rent | Annual Change |
|---|---|---|
| New York | $4,243 | +3% |
| Brooklyn | $3,674 | +3% |
| Jersey City | $3,549 | +18% |
| Weehawken | $3,152 | -5% |
| Long Island City | $2,968 | -2% |
| Newark | $2,834 | +10% |
| North Bergen | $2,240 | -20% |
| Stamford | $2,007 | +15% |
| Queens | $1,675 | +8% |
| City | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| New York | $5,342 | +9% |
| Brooklyn | $4,182 | +67% |
| Weehawken | $3,916 | -11% |
| Jersey City | $3,822 | -2% |
| Long Island City | $3,629 | 0% |
| Newark | $2,680 | -6% |
| Stamford | $2,585 | +1% |
| North Bergen | $2,475 | -15% |
| Queens | $2,000 | +8% |
| City | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| New York | $7,624 | +221% |
| Weehawken | $5,705 | +17% |
| Long Island City | $5,502 | +11% |
| Jersey City | $4,882 | +1% |
| Stamford | $3,425 | -2% |
| North Bergen | $3,128 | -15% |
| Brooklyn | $2,700 | -4% |
| Queens | $2,500 | +9% |
| Newark | $2,000 | -7% |
Paterson, NJ Rent Trends
| Studio | 1 Bed | 2 Beds | |||||||||||
| $1366 | $1366 | $1366 | $1500 | $1424 | $1387 | $1469 | $1469 | $1600 | $1535 | $1469 | $1469 | $1544 | $1544 |
| $2000 | $1600 | $1650 | $1700 | $1850 | $1650 | $1650 | $1750 | $2300 | $1900 | $1850 | $1850 | $2200 | $2000 |
| $2100 | $2100 | $2200 | $2100 | $2150 | $2200 | $2350 | $2350 | $2300 | $2200 | $2200 | $2200 | $2095 | $2095 |
