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Cheap Apartments for Rent in Newark, NJ from $500 (218 Rentals)
Search the lowest-cost Apartments available for rent right now in Newark.
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$932 - $1,1571 to 2 Bedroom Apartments Available Now
The Residences at Clinton Hill
2 Osborne TerNewark, NJ 07108
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$950 - $1,5691 to 3 Bedroom Apartments Available Now
Garden Spires Apartments
175-199 1st StNewark, NJ 07107
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$1,095 - $1,395Studio to 2 Bedroom Apartments Available Now
Nyendak Apartments
219-226 Lincoln AveNewark, NJ 07104
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875 S 14th St
NewarkNJ07108
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$1,250 - $1,750Studio to 2 Bedroom Apartments Available Now
Parkwood Place Apartments
352-376 Mount Prospect AveNewark, NJ 07104
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$1,275 - $2,750Studio to 3 Bedroom Apartments Available Now
Addison Towers
402 Mount Prospect AveNewark, NJ 07104
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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1 NOLL Pl
NewarkNJ07106
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$1,450 - $2,200Studio to 2 Bedroom Apartments Available Now
Forest Hill Terrace
325 Grafton AveNewark, NJ 07104
45 Bloomfield Ave
NewarkNJ07104
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65 Monticello Ave
NewarkNJ07106
47 Parkview Terrace
NewarkNJ07112
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.
500 Hawthorne Ave
NewarkNJ07112
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Rent Specials
$1,500 - $2,1501 to 3 Bedroom Apartments Available Now
High Park Terrace
36 Muhammad Ali AveNewark, NJ 07108
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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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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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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.
Newark, NJ Local Guide
How much does it cost to rent an apartment in Newark?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Newark Studio Apartments | $2,096 | $1,095 | $6,012 |
| Cheap Newark 1 Bedroom Apartments | $2,352 | $800 | $7,591 |
| Cheap Newark 2 Bedroom Apartments | $2,866 | $1,000 | $8,275 |
| Cheap Newark 3 Bedroom Apartments | $2,650 | $1,300 | $10,000+ |
| Cheap Newark 4 Bedroom Apartments | $3,031 | $1,350 | $7,157 |
| Newark 5 Bedroom Apartments | $3,618 | $2,500 | $7,531 |
| Newark 6 Bedroom Apartments | $5,957 | $3,100 | $9,496 |
Browse Top Apartments in Newark
See all Apartments in NewarkExplore Newark
Newark, NJ Local Guide
Written By:
Justin HabersaatEditing Staff
- Newark Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Newark, NJ
Pricing Updated: 11/06/2025Current apartment rentals in the Newark, NJ area range in price from $800 to $20,000 with an overall median price of $3,381. The three Newark neighborhoods with the lowest median rent pricing are South Broad Street at $1,350, Upper Vailsburg at $1,250, and Dayton Weequahic Park at $826. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Newark Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| South Broad Street | $2,325 | $1,350 | 15 |
| Upper Vailsburg | $2,500 | $1,250 | 16 |
| Dayton Weequahic Park | $2,600 | $826 | 46 |
| North Broadway | $2,600 | $1,095 | 46 |
| University Heights | $2,650 | $1,750 | 71 |
| Springfield Belmont | $2,675 | $1,500 | 32 |
| Fairmount | $3,000 | $1,300 | 78 |
| Lower Clinton Hill | $3,000 | $800 | 405 |
| Upper Clinton Hill | $3,000 | $932 | 51 |
| West Side | $3,000 | $1,450 | 61 |
Cheapest Available Newark Apartments for Rent
The cheapest available apartment rental in Newark, NJ is a 1 Bed unit found at Pineda Apartments in the Westminster neighborhood priced from $826. The Residences at Clinton Hill in the Upper Clinton Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $932. Here is today’s list of the most affordable Newark apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pineda Apartments | 1x1 | 1BR,1BA | $826 |
| The Residences at Clinton Hill | 1BR/1BA | 1BR,1BA | $932 |
| Garden Spires Apartments | 1 Bed, 1 bath | 1BR,1BA | $950 |
| Nyendak Apartments | Studio | Studio,1BA | $1,095 |
Best Value Apartments for Rent in Newark, NJ
As of November 06, 2025 the best value apartment in the Newark area is the $0.35 price per square foot 55 Schley St Model at 55 Schley St, Unit Apt #1 in the in the Upper Clinton Hill neighborhood starting from $3,500. The second greatest value Newark apartment is the 28 Kent St Model at 28 Kent St, Unit 2 starting at $2,800 with a $0.68 price per square foot in the Lower Clinton Hill neighborhood. Here is today’s list of the best values for Newark apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 55 Schley St, Unit Apt #1 | 55 Schley St | 5BR,2BA | $0.35 |
| 28 Kent St, Unit 2 | 28 Kent St | 3BR,2BA | $0.68 |
| 712 Bergen St, Unit 1A | 712 Bergen St | 2BR,2BA | $0.77 |
| 174 N 17th St, Unit Floor 1 | 174 N 17th St | 2BR,1BA | $1.14 |
| 200 Montclair Ave | 200 Montclair Ave | 3BR,2BA | $1.20 |
| Tiffany Manor | 2 Beds, 1.5 baths | 2BR,1.5BA | $1.10 |
| 87 Heckel St, Unit 1 | 87 Heckel St | 2BR,1BA | $1.11 |
| 408 14th Ave, Unit Unit 2 | 408 14th Ave | 3BR,1BA | $1.18 |
| 156 Kearny Ave, Unit Shared Apartment | 156 Kearny Ave | 1BR,1BA | $0.59 |
| The Residences at Clinton Hill | 2BR/1BA | 2BR,1BA | $1.05 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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.
Read ArticleThe 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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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.
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
Ridge Street Elementary School
The Newark Public School District
Public School - Grades PK-8 (578)
7 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Newark, NJ Rentals by Map
See the most popular apartments and homes in Newark, NJ
Getting Around Newark, NJ
Walk Score®
80 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
54 / 100
Bikeable
Some bike infrastructure
Transit Score®
69 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Newark, NJ Area Reviews
Do you know the Newark area?
Let everyone know!
Write a Review
Jamela • 1+ years in Newark
August 30, 2025Hello. Looking. For. A. Studio. That. Is. Spacious.
Frequently Asked Questions about Cheap Newark Apartments
What is a cheap apartment in Newark?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Newark is under $1,095.
What is the price of a cheap apartment in Newark?
The cheapest apartment in Newark is Pineda Apartments which is listed at $826, while the average apartment in Newark costs $3,381.
What types of apartments are the cheapest in Newark?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 106 regular apartments in Newark that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Newark?
Cheap apartments in Newark have an average cost of $194 which is $3,187 cheaper than the average rent for all rentals in Newark.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.