Rent by ZIP code in Paterson
| ZIP code | County | Typical rent | vs city median |
|---|---|---|---|
| 07503 | Passaic County | $2,149 | +8% |
| 07524 | Passaic County | $2,000 | 0% |
| 07522 | Passaic County | $1,996 | 0% |
| 07501 | Passaic County | $1,796 | -10% |
Rent by bedroom count in Paterson
Zillow's index above blends every unit size into one number. For a bedroom level view, these are HUD's FY2027 Fair Market Rents for Passaic County. They include utilities and sit near the 40th percentile of the market, so treat them as the low side of what a typical unit lists for. Passaic County uses Small Area FMRs, and the two bedroom figure runs from $1,880 to $2,100 depending on the Paterson ZIP code.
| Unit size | FY2027 Fair Market Rent | Change from FY2026 |
|---|---|---|
| Studio | $1,772 | -0.3% |
| 1 bedroom | $1,987 | -1.8% |
| 2 bedroom | $2,282 | -1.8% |
| 3 bedroom | $2,771 | -2.3% |
| 4 bedroom | $3,497 | -3.3% |
Source: HUD Fair Market Rents. Updates when HUD publishes a new fiscal year.
Is rent going up or down in Paterson?
Typical rent across Passaic County is $2,168 as of September 2026. That is up 1.5% from a year earlier and up 26.0% over five years.
| Year | Typical rent, Passaic County | Change |
|---|---|---|
| 2021 | $1,801 | +11.4% |
| 2022 | $1,937 | +7.5% |
| 2023 | $2,087 | +7.7% |
| 2024 | $2,149 | +3.0% |
| 2025 | $2,162 | +0.6% |
| 2026 (through September) | $2,168 | +0.2% |
Zillow Observed Rent Index for the county, all home types, last published month of each year. Each row is compared with the end of the year before it.
Paterson rent questions
- What is the average rent in Paterson, NJ?
- Typical asking rent in Paterson is $1,998 a month as of September 2026, across 4 ZIP codes. By ZIP code it runs from $1,796 to $2,149.
- How much is rent for a 2 bedroom in Paterson?
- HUD's FY2027 Fair Market Rent for a two bedroom in Passaic County is $2,282 a month including utilities. A one bedroom is $1,987 and a three bedroom is $2,771. Fair Market Rent is set near the 40th percentile, so a typical unit lists somewhat higher.
- Is rent going up or down in Paterson?
- Rent is rising. Typical rent in Passaic County is $2,168 as of September 2026, up 1.5% from a year earlier.
- What is the cheapest ZIP code to rent in Paterson?
- ZIP 07501 has the lowest typical asking rent in Paterson at $1,796 a month, compared with $1,998 for the city overall.
- How much income do you need to rent in Paterson?
- Most landlords look for gross income of about three times the rent. At the typical Paterson rent of $1,998, that is about $5,994 a month, or $71,928 a year. This is a common screening rule of thumb, and individual landlords set their own.
How to use these numbers
These are Zillow Observed Rent Index values, a smoothed measure of typical asking rent for single family homes, condos, and apartments in each ZIP code. They describe what units are listed for, not what any specific unit will get. Condition, bedroom count, and the exact block all move the number.
If you are underwriting a purchase, use the ZIP figure rather than the city median, and then verify against live listings for the same bedroom count before you commit. Paterson sits in the New York-Newark-Jersey City, NY-NJ-PA metro area.