Cheap Apartments for Rent in Newark, NJ from $500 (222 Rentals)

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

property at 211 N 13th St

$1,200 - $2,000

Studio To 3 Bedroom Rentals

Available Now

211 N 13th St

NewarkNJ07107

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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property at 17 Elwood Pl

$1,300

1 Bedroom Rentals

Available Now

17 Elwood Pl

NewarkNJ07104

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 134 Dewey St

$1,400 - $2,250

1 To 3 Bedroom Rentals

Available Feb 1

134 Dewey St

NewarkNJ07112

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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Golden Brick
Studio to 2 Bedroom Apartments

Golden Brick

391-401 13th AveNewark, NJ 07103
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292 Wainwright St
Studio to 2 Bedroom Apartments

292 Wainwright St

292 Wainwright StNewark, NJ 07112
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595 Elizabeth Ave
Studio to 2 Bedroom Apartments

595 Elizabeth Ave

595 Elizabeth AveNewark, NJ 07112
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University Court, Inc.
1 to 3 Bedroom Apartments

University Court, Inc.

419 Washington StNewark, NJ 07102
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305 Osborne Ter
1 to 2 Bedroom Apartments

305 Osborne Ter

305 Osborne TerNewark, NJ 07112
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Pavilion Towers
Studio to 2 Bedroom Apartments

Pavilion Towers

108 Dr Martin Luther King Jr BlvdNewark, NJ 07104
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** Rooming House **
1 Bedroom Apartments

** Rooming House **

471 Washington StNewark, NJ 07102
Senior Living
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103 Chancellor
Studio to 3 Bedroom Apartments

103 Chancellor

103 Chancellor AveNewark, NJ 07112
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802 Broadway
1 to 2 Bedroom Apartments

802 Broadway

802-812 BroadwayNewark, NJ 07104
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96 Union St
Studio to 1 Bedroom Apartments

96 Union St

96 Union StNewark, NJ 07105
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Evelyn Arms
Studio to 1 Bedroom Apartments

Evelyn Arms

357 Lake StNewark, NJ 07104
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Grafton Arms
Studio to 3 Bedroom Apartments

Grafton Arms

76-82 Grafton AveNewark, NJ 07104
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17-21 Elwood Pl
1 to 3 Bedroom Apartments

17-21 Elwood Pl

17-21 Elwood PlNewark, NJ 07104
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Wainwright Street Arms
1 to 2 Bedroom Apartments

Wainwright Street Arms

214-218 Wainwright StNewark, NJ 07112
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Newark, NJ Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Newark, NJ

Pricing Updated: 01/27/2026

Current apartment rentals in the Newark, NJ area range in price from $900 to $12,000 with an overall median price of $4,830. The three Newark neighborhoods with the lowest median rent pricing are Seventh Avenue at $1,800, Upper Clinton Hill at $1,750, and Central Business District at $1,000. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Newark Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Seventh Avenue$2,300$1,8006
Upper Clinton Hill$2,340$1,75023
Central Business District$2,600$1,00025
Mount Pleasant Lower Broad$2,600$1,6007
North Ironbound$2,850$2,0007
University Heights$2,900$1,00010
Lower Vailsburg$2,999$1,00036
South Broad Street$3,000$1,9007
Springfield Belmont$3,100$1,2007
Upper Roseville$3,100$1,5507

Cheapest Available Newark Apartments for Rent

 

The cheapest available apartment rental in Newark, NJ is a 1 Bed unit found at The Residences at Clinton Hill in the Upper Clinton Hill neighborhood priced from $932. Garden Spires Apartments in the Lower Broadway neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here is today’s list of the most affordable Newark apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Residences at Clinton Hill1BR/1BA1BR,1BA$932
Garden Spires Apartments1 Bed, 1 bath1BR,1BA$950
Senior Horizon2 Bedrooms 1 Bathroom2BR,1BA$1,205
296 South Harrison1 Bed 1 Bath1BR,1BA$1,249
Heritage EstatesStudioStudio,1BA$1,250

Best Value Apartments for Rent in Newark, NJ

As of January 27, 2026 the best value apartment in the Newark area is the $0.25 price per square foot 349 Lyons Ave Model at 349 Lyons Ave in the in the Livingston neighborhood starting from $2,500. The second greatest value Newark apartment is the 1117 Chestnut St Model at 1117 Chestnut St, Unit 1 starting at $2,800 with a $0.92 price per square foot in the Downtown Elizabeth 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.
349 Lyons Ave349 Lyons Ave4BR,1BA$0.25
1117 Chestnut St, Unit 11117 Chestnut St3BR,2BA$0.92
71 Hartford St, Unit Apt 271 Hartford St3BR,2BA$0.86
613 S Park St, Unit 2nd Floor613 S Park St3BR,2BA$0.93
421 Halsted St, Unit 1421 Halsted St2BR,1BA$0.90
160 N 16th St, Unit 2nd floor160 N 16th St2BR,2BA$0.88
1010 Kilsyth Rd1010 Kilsyth Rd2BR,1BA$0.93
Tiffany Manor2 Beds, 1.5 baths2BR,1.5BA$1.10
408 14th Ave, Unit Unit 2408 14th Ave3BR,1BA$1.18
The Residences at Clinton Hill2BR/1BA2BR,1BA$1.05

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Quick Rent Budget Calculator

How much rent can you afford?

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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Newark Overview

Located just eight miles from the excitement of New York City, apartments in Newark have been beckoning east coast residents for decades. Offering a compelling mix of convenience, big city amenities and a solid and ever-growing job market base, this working class New Jersey destination might just be the place you are looking for to call home.

Why live in Newark, NJ?

One of the most dynamic cities in all of New Jersey, rentals in Newark have much to offer. From nightlife to a flourishing job market, this east coast hot spot is a winning combination of industry, public parks and world-class shopping. Families will undoubtedly love the wide range of school options, and the local infrastructure makes travel a breeze. With the Big Apple just a short commute away, Newark apartments make an ideal settlement for many traveling New Yorkers as well.

Best Local Schools in
Newark, NJ

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Newark, NJ Rentals by Map

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See the most popular apartments and homes in Newark, NJ

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Newark, NJ Area Reviews

    Jamela • 1+ years in Newark

    August 30, 2025

    Hello. Looking. For. A. Studio. That. Is. Spacious.

    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 Heritage Estates listed at $1,250.

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

    The lowest price for a Cheap One Bedroom Newark Apartment is $932 at The Residences at Clinton Hill.

    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 $1,050 at Garden Spires Apartments.

    What is the most affordable Newark Three Bedroom Apartment?

    The best deal on a cheap Newark Three Bedroom Apartment rental is at Garden Spires Apartments and starts from $1,569.

    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

    decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

    18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

    Written by: Lauren Harrington

    Renting your next home can feel thrilling and overwhelming at the same time.

    decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

    A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

    Written by: Bob Mallory

    Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

    decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

    Renting with Roommates: Realistic Expectations for Shared Lease

    Written by: Christine Leonard, Esq.

    Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

    decorative image for Apartment Common Area Rules: What Renters Need to Know article

    Apartment Common Area Rules: What Renters Need to Know

    Written by: Christine Leonard, Esq.

    Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.