Cheap Apartments for Rent in Newark, NJ from $500 (227 Rentals)

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

property at 148 Delavan Ave

$800 - $950

1 To 4 Bedroom Rentals

Available Now

148 Delavan Ave

NewarkNJ07104

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 2 Noll Pl

$1,300

1 Bedroom, 1 Bath Home for Rent

Available Now

2 Noll Pl

NewarkNJ07106
property at 120 S 7th St

$1,300 - $2,300

Studio To 3 Bedroom Rentals

Available Now

120 S 7th St

NewarkNJ07107

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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197 Woodside Ave, Unit 3
$1,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500
1 Bedroom Apartment Available Now

197 Woodside Ave, Unit 3

197 Woodside AveNewark, NJ 07104
  • Smoke Free
property at 195 Lehigh Ave

$1,500 - $2,500

1 To 3 Bedroom Rentals

Available Now

195 Lehigh Ave

NewarkNJ07112
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Golden Brick
Studio to 2 Bedroom Apartments

Golden Brick

391-401 13th AveNewark, NJ 07103
  • Utilities Included
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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
  • Utilities Included

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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129 Chancellor Ave
Studio to 2 Bedroom Apartments

129 Chancellor Ave

129 Chancellor AveNewark, NJ 07112
  • Utilities Included
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University Court, Inc.
1 to 3 Bedroom Apartments

University Court, Inc.

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

305 Osborne Ter

305 Osborne TerNewark, NJ 07112
  • Utilities Included
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Pavilion Towers
Studio to 2 Bedroom Apartments

Pavilion Towers

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

** Rooming House **

471 Washington StNewark, NJ 07102
Senior Living
  • Utilities Included
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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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218 Highland Ave
1 to 3 Bedroom Apartments

218 Highland Ave

218 Highland AveNewark, NJ 07104
  • Utilities Included
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Evelyn Arms
Studio to 1 Bedroom Apartments

Evelyn Arms

357 Lake StNewark, NJ 07104
  • Utilities Included

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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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: 07/31/2026

Current apartment rentals in the Newark, NJ area range in price from $684 to $11,000 with an overall median price of $3,760. The three Newark neighborhoods with the lowest median rent pricing are Springfield Belmont at $1,225, Upper Irvington at $975, and Fairmount at $684. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Newark Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Springfield Belmont$2,150$1,22527
Upper Irvington$2,300$97564
Fairmount$2,500$68477
Upper Clinton Hill$2,595$93259
Lower Clinton Hill$2,597$684422
Lower Vailsburg$2,600$1,29558
West Side$2,600$684114
South Broad Street$2,610$1,45045
Lower Roseville$2,800$95033
University Heights$2,849$1,55034

Cheapest Available Newark Apartments for Rent

 

The cheapest available apartment rental in Newark, NJ is a 1 Bed unit found at Fairmount Crossing in the Lower Clinton Hill neighborhood priced from $684. 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 ListingModel NameBed/BathPriced From
Fairmount Crossing29.98% AMI1BR,1BA$684
The Residences at Clinton Hill1BR/1BA1BR,1BA$932
Garden Spires Apartments1 Bed, 1 bath1BR,1BA$950
The Renaissance0BR/1.0BAStudio,1BA$1,150
Parkwood Place ApartmentsStudioStudio,1BA$1,250
Heritage EstatesStudioStudio,1BA$1,250

Best Value Apartments for Rent in Newark, NJ

As of July 31, 2026 the best value apartment in the Newark area is the $0.23 price per square foot 104 Beaumont Pl Model at 104 Beaumont Pl, Unit unit 1 in the in the Forest Hill neighborhood starting from $2,300. The second greatest value Newark apartment is the 33 Norman Rd Model at 33 Norman Rd, Unit 31 starting at $2,150 with a $0.45 price per square foot in the Upper Vailsburg 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.
104 Beaumont Pl, Unit unit 1104 Beaumont Pl2BR,1BA$0.23
33 Norman Rd, Unit 3133 Norman Rd3BR,1BA$0.45
167 Davis Ave, Unit 2167 Davis Ave1BR,1BA$0.35
326 Field Pl, Unit #2L326 Field Pl3BR,1BA$0.51
69 N 13th St69 N 13th StStudio ,1BA$0.60
203 2nd St, Unit 203 2nd Street, Newark City, NJ 07107203 2nd St3BR,1BA$0.86
83 Sheridan St, Unit 283 Sheridan St3BR,1BA$0.84
44 Elwood Ave, Unit Clifton rm44 Elwood Ave2BR,1BA$0.75
283 Clifton Ave, Unit Clifton283 Clifton Ave1BR,1BA$1.00
The Residences at Clinton Hill1BR/1BA1BR,1BA$1.04

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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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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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 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 $1,250.

    What is the price of a cheap apartment in Newark?

    The cheapest apartment in Newark is Fairmount Crossing which is listed at $684, while the average apartment in Newark costs $3,760.

    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 256 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 $565 which is $3,195 cheaper than the average rent for all rentals in Newark.

    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 Rent According to Income: A Look at Income-Restricted Rentals article

    Rent According to Income: A Look at Income-Restricted Rentals

    Written by: Robin Stewart

    The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

    decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

    First Apartment Regrets: Real Renters Share What They'd Do Differently

    Written by: Robin Stewart

    Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

    decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

    Renters Insurance 101: What It Is, What It Covers, and Why You Need It

    Written by: Robin Stewart

    Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

    decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

    Apartment Occupancy Rates: Renter Attraction vs Renter Retention

    Written by: Robin Stewart

    There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.