Apartments in Stoney Road Paterson

1 - 8 of 8 Results
$2,350
969 Clifton Ave Clifton, NJ
1 BR | May. 11, 2024
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Dog Friendly
Cat Friendly
Dishwasher
Maple Valley
2
$2,350
1 Kowal St Clifton, NJ
1 BR | May. 11, 2024
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
2
$1,850 - 2,450
Paterson, NJ
1 - 2 BR | Available Now
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Dishwasher
3
$1,850
Clifton, NJ
2 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Surface Parking
Disability Access
7
$1,800
Paterson, NJ
2 BR | Available Now
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6
$2,200
Clifton, NJ
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
5
$2,200
Clifton, NJ
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
10
$2,800
Clifton, NJ
3 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
1 - 8 of 8 Results
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  3. Paterson
  4. Stoney Road

Paterson:
May Rent Report

Welcome to the May 2024 Paterson Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 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
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Paterson Rent Prices Decrease From April to May

Paterson rent prices decreased over the last month. From April to May, the city experienced a -2.87% decrease for the price of a one-bedroom apartment. The rent price for a Paterson one-bedroom apartments currently stands at $1,521.0.

When we take a look at the two-bedroom comparison from April to May, Paterson experienced a -2.03% decrease for the price of a two-bedroom apartment. The rent price for a Paterson two-bedroom apartments currently stands at $1,737.0.

May 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.

May 2024 Pricing Trends: Paterson vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
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 May 1 BR M/M % Change 2 BR May 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.