Cheap Apartments for Rent in Newark, IL from $600 (44 Rentals)

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Search the lowest-cost Apartments available for rent right now in Newark.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Deville Manor
1 to 2 Bedroom Apartments

Deville Manor

110 5th StOswego, IL 60543
Senior Living
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Village West Apartments
1 to 2 Bedroom Apartments

Village West Apartments

1971 Lilac LnAurora, IL 60506
Corporate Housing
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 318 Liberty St

$1,500 - $1,600

1 To 2 Bedroom Rentals

Available Now

318 Liberty St

MorrisIL60450
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South Adams St
2 Bedroom Apartments

South Adams St

209 S Adams StOswego, IL 60543

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-44, Page 1 of 1

Newark, IL Local Guide

Cheapest Available Newark Apartments for Rent and Nearby

 

The cheapest available apartment rental in Newark, IL is a 2 Beds unit found at Deville Manor in the Prescott Mill Crossings neighborhood priced from $678. 103 W Railroad St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Newark apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Deville Manor2 Bedroom A2BR,1BA$678
103 W Railroad St1 Bed, 1 bath1BR,1BA$850
Wedgewood Manor Active Senior LivingB1BR,1BA$1,070
Tudor Park ApartmentsTwo Bedroom One Bathroom2BR,1BA$1,209
Lakeview ResidencesLakeview Residences Studio ApartmentStudio,1BA$1,325
ReNew AuroraAshford1BR,1BA$1,385
Keystone LoftsPlan 11BR,1BA$1,395
The Reserve at Hudson CrossingHarrisonStudio,1BA$1,450
Countryside Village Apartments1 Bed, 1 bath1BR,1BA$1,578
The Reserve at SummerfieldThe Adler1BR,1BA$1,633

Best Value Apartments for Rent in Newark, IL and Nearby

As of May 25, 2026 the best value apartment in the Newark area is the $1.85 price per square foot Capewood Model at Redwood Oswego in the in the Blackberry Crossing West neighborhood starting from $2,999. The second greatest value Newark apartment is the Accera Model at Bristol Bay of Yorkville starting at $2,595 with a $1.74 price per square foot in the Blackberry Crossing West neighborhood. Here is today’s list of the best values for Newark apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Redwood OswegoCapewood2BR,2BA$1.85
Bristol Bay of YorkvilleAccera2BR,2.5BA$1.74
Redwood AuroraWillowood2BR,2BA$1.92
Timber Ridge Estates Building 82BR/2.0BA2BR,2BA$1.92
Reserve at Fox River3BR3BR,2BA$1.78
Mallard Point ApartmentsC1 - Willow2BR,2BA$1.74
Keystone LoftsPlan 11BR,1BA$1.41
Tudor Park ApartmentsThree Bedroom One Bathroom3BR,1BA$1.64
Deville Manor1 Bedroom1BR,1BA$1.75
Wedgewood Manor Active Senior LivingB1BR,1BA$1.78

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Frequently Asked Questions about Cheap Newark Apartments

What is the Cheapest Studio apartment in Newark?

Currently the most affordable Cheap Studio Apartment in Newark is at Lakeview Residences listed at $1,325.

How much is rent for a Cheap One Bedroom Newark Apartment?

The lowest price for a Cheap One Bedroom Newark Apartment is $850 at 103 W Railroad St.

What is the lowest price for a Cheap Two Bedroom Newark Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Newark is starting from $678 at Deville Manor.

What is the most affordable Newark Three Bedroom Apartment?

The best deal on a cheap Newark Three Bedroom Apartment rental is at Tudor Park Apartments and starts from $1,309.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.