Apartments in Great Falls Paterson

1 - 16 of 16 Results
2
$1,350
Paterson, NJ
Studio | Available Now
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Storage
Disability Access
7
$1,900
Paterson, NJ
3 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Storage
Disability Access
0
$1,050
Paterson, NJ
Studio | Available Now
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Cat Friendly
Storage
Disability Access
Peoples Park
2
$1,600
Paterson, NJ
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
Sandy Hill
4
$1,150
Paterson, NJ
Studio | Available Now
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Cat Friendly
Storage
Disability Access
Peoples Park
1
$750
Paterson, NJ
Studio | Available Now
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Heat Included
Storage
Peoples Park
5
$1,400
Paterson, NJ
1 BR | Available Now
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Storage
Sandy Hill
12
$2,600
Paterson, NJ
3 BR | Apr. 1, 2024
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Storage
Sandy Hill
13
$2,250
Paterson, NJ
4 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Peoples Park
1
$1,550 - 1,650
Paterson, NJ
2 BR | Available Now
Contact
Heat Included
Storage
Disability Access
Peoples Park
7
$1,850
Prospect Park, NJ
3 BR | Available Now
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Surface Parking
Balcony/Deck/Patio
Disability Access
16
$2,700
Paterson, NJ
4 BR | Apr. 1, 2024
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8
$2,372
Paterson, NJ
2 BR | Available Now
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Dog Friendly
Cat Friendly
3
$1,100
Paterson, NJ
1 BR | Available Now
Contact
Heat Included
Surface Parking
Dishwasher
Bunker Hill
8
$4,395
Paterson, NJ
2 BR | Apr. 1, 2024
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Dog Friendly
Cat Friendly
Dishwasher
8
$4,695
Paterson, NJ
2 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
1 - 16 of 16 Results
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Paterson:
March Rent Report

Welcome to the March 2024 Paterson Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2024 key findings and figures for the Paterson rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Paterson and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Paterson average rent prices in the chart below.

Monthly Rent Report

$4,300
$3,230
$2,150
$1,080
$0
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
1 BR       2 BR

Paterson Rent Prices Decrease From February to March

Paterson rent prices decreased over the last month. From February to March, the city experienced a -1.2% decrease for the price of a one-bedroom apartment. The rent price for a Paterson one-bedroom apartments currently stands at $1,650.0.

When we take a look at the two-bedroom comparison from February to March, Paterson experienced a -7.02% decrease for the price of a two-bedroom apartment. The rent price for a Paterson two-bedroom apartments currently stands at $2,266.0.

March Prices: Paterson vs. Surrounding Areas

Rent Prices in Paterson and Surrounding Areas

Rent prices have decreased in Paterson over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Paterson suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Paterson suburbs

  • Rents did not decrease in any of the Paterson suburbs.

March 2024 Pricing Trends: Paterson vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,976
$3,029
$2,358
$2,336
$1,866
$1,310
$1,235
$1,124
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Paterson Rent Prices More Affordable Than Major Cities

Rent growth in Paterson over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Paterson average rent prices appear to be relatively affordable for local residents.

The price for a Paterson one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Paterson and surrounding area rent prices, take a look at the complete data set below.

Data set for Paterson and suburbs

1 BR March 1 BR M/M % Change 2 BR March 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.