Mill Street Square
9 Mill St,
Paterson, NJ 07505
Call for Rent
1-3 Beds
Nestled along the Passaic River, Downtown Paterson is the heart of Paterson and the city’s oldest district. Downtown Paterson is filled with government offices, restaurants, thrift shops, specialty stores, and more. This commercial hub also hosts several events throughout the year like sidewalk sales and holiday celebrations. Living in Downtown Paterson will also place you near several waterfront parks like the Paterson Great Falls National Historic Park, which boasts a 77-foot waterfall. Downtown Paterson offers a variety of rental options including studios and traditional apartments and triple-decker houses.
As of April 2026, the average apartment rent in Downtown Paterson is $982 for a studio, $1,574 for one bedroom, $2,078 for two bedrooms, and $5,822 for three bedrooms. Apartment rent in Downtown Paterson has increased by 3.1% in the past year.
Studio
553 sq ft
Average Sq Ft
$982/month
Average Rent
1 BR
680 sq ft
Average Sq Ft
$1,574/month
Average Rent
2 BR
892 sq ft
Average Sq Ft
$2,078/month
Average Rent
3 BR
258 sq ft
Average Sq Ft
$5,822/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Downtown Paterson - Paterson, NJ is for everyday living.
Very Walkable
Walkability
Exceptional Public Transit
Transit
Exceptionally Drivable
Drivability
In Downtown Paterson - Paterson, NJ, daily errands are quick and hassle-free.
Supermarket Within a 5 Minute Walk
Groceries
Great Restaurant Variety Nearby
Restaurants
Good Café Variety Nearby
Cafes
Exceptional Variety of Shops Nearby
Shopping
Downtown Paterson - Paterson, NJ provides green space and wellness resources in certain areas.
Very Large Amount of Park Space Nearby
Parks
Fair Wellness Amenity Variety Nearby
Wellness
Get a sense of what it’s like to live in Downtown Paterson - Paterson, NJ from everyday activity to noise and nightlife.
Vibrant Atmosphere at Times
Vibrancy
Fair Nightlife Variety Nearby
Nightlife
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.