Rent in Paterson, NJ
Across Paterson's 13 ZIP codes, a 2-bedroom typically rents for about $1,808 a month, with figures from $1,410–$2,282. The highest typical rent is in 07510 ($2,282) and the lowest in 07505 ($1,510). 12 ZIPs have ZIP-level figures from HUD or Census; the other 1 uses the county Fair Market Rent. Owner-occupied homes in Passaic County pay about 2.18% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,550 | $781–$1,772 | 13 |
| 1 bed | $1,569 | $1,088–$1,987 | 13 |
| 2 beds | $1,808 | $1,410–$2,282 | 13 |
| 3 beds | $2,206 | $1,552–$2,771 | 13 |
| 4 beds | $2,669 | $1,762–$3,497 | 13 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Paterson ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Paterson, NJ?
- About $1,808 a month: the median of the typical rents in 13 ZIP codes, which range from $1,410–$2,282. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Paterson, NJ?
- About $1,569 a month: the median of the typical rents in 13 ZIP codes, which range from $1,088–$1,987. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Paterson, NJ?
- About $2,206 a month: the median of the typical rents in 13 ZIP codes, which range from $1,552–$2,771. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Paterson, NJ?
- About $1,550 a month: the median of the typical rents in 13 ZIP codes, which range from $781–$1,772. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Paterson, NJ?
- About $2,669 a month: the median of the typical rents in 13 ZIP codes, which range from $1,762–$3,497. Figures are gross rent (rent plus tenant-paid utilities).
- Which Paterson ZIP code has the highest rent?
- For a 2-bedroom, 07510 has the highest typical rent at $2,282 a month, and 07505 the lowest at $1,510.
- What is the property tax rate in Paterson, NJ?
- Owner-occupied homes in Passaic County pay a typical 2.18% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Paterson rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).