What does housing cost in Paterson in 2026?

Housing in Paterson runs to about €1,245 per month for a reference home of 45 m².

What is the average rent in Paterson?

Asking rent in Paterson stands at 1,457 €/month.

What are property prices in Paterson?

To buy in Paterson, expect 335,400 €.

Cost of Living in Paterson, 2026: Rent, Groceries, Transport

Cost of living in Paterson — 2026

Paterson has 157,660 residents and lies in New Jersey. Median rent there comes to roughly €1,245 per month in 2026. To buy, expect 286,691 €. Median income is 45,958 €/year, meaning reference rent absorbs about 33% of monthly income.

Cost of living in Paterson

Rent

Median rent: 1,245 €/month

Buy

Median home value: 286,691 €

Income

Median household income: 45,958 €/year

Local taxes

Median property tax paid: 8,336 €/year

Quality of life — Paterson

Rent burdenShare of household income spent on rent — US Census ACS 5-year 2023

35,2 %

Poverty rateShare of the population below the poverty line — US Census ACS 5-year 2023

23,4 %

Cities near Paterson

Compare with neighbouring towns

Clifton6 km Passaic7 km East Orange17 km West New York19 km Union City20 km Newark21 km Hoboken22 km Jersey City24 km

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Paterson vs Clifton Paterson vs Passaic Paterson vs East Orange Paterson vs West New York

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