Cheap Apartments for Rent in Newark, NJ from $500 (231 Rentals)

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

property at 11 Lincoln Park

$700 - $850

Studio To 1 Bedroom Rentals

Available Now

11 Lincoln Park

NewarkNJ07102

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.

property at 1 Noll Pl

$1,375

1 Bedroom, 1 Bath Home for Rent

Available Now

1 Noll Pl

NewarkNJ07106

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.

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
  • 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
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129 Chancellor Ave
Studio to 2 Bedroom Apartments

129 Chancellor Ave

129 Chancellor AveNewark, NJ 07112
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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

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
  • Utilities Included
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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
  • 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
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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
  • 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.

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: 03/16/2026

Current apartment rentals in the Newark, NJ area range in price from $800 to $9,500 with an overall median price of $3,500. The three Newark neighborhoods with the lowest median rent pricing are Dayton at $1,400, South Broad Street at $850, and Dayton Weequahic Park at $1,375. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Newark Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Dayton$2,400$1,40032
South Broad Street$2,425$85016
Dayton Weequahic Park$2,500$1,37543
South Ironbound$2,500$1,00018
Lower Roseville$2,550$95038
Springfield Belmont$2,550$85038
Ward 2$2,600$800282
Upper Clinton Hill$2,700$90069
Upper Irvington$2,725$1,25047
Weequahic$2,750$1,45042

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
296 South Harrison1 Bed 1 Bath1BR,1BA$1,249
Parkwood Place ApartmentsStudioStudio,1BA$1,250
Addison Towers402 FStudio,1BA$1,275

Best Value Apartments for Rent in Newark, NJ

As of March 16, 2026 the best value apartment in the Newark area is the $0.30 price per square foot 17 Norfolk St Model at 17 Norfolk St in the in the Central Business District neighborhood starting from $3,000. The second greatest value Newark apartment is the 16 Marne St Model at 16 Marne St, Unit 2 starting at $2,400 with a $0.24 price per square foot in the North Ironbound 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.
17 Norfolk St17 Norfolk St3BR,2BA$0.30
16 Marne St, Unit 216 Marne St3BR,2.5BA$0.24
55 Schley St55 Schley St3BR,2BA$0.26
37 6th St, Unit 237 6th St3BR,1BA$0.30
275 Rhode Island Ave, Unit 2nd Unit275 Rhode Island Ave3BR,1BA$0.85
44 N 16th St, Unit 144 N 16th St3BR,1BA$0.90
24 Grand Ave, Unit 124 Grand Ave3BR,1BA$0.98
30 Mount Pleasant Ave, Unit 2nd Floor30 Mount Pleasant Ave3BR,2BA$1.05
44 Elwood Ave, Unit Clifton rm44 Elwood Ave2BR,1BA$0.75
89 Clinton St, Unit apt 289 Clinton St3BR,1BA$1.00

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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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.

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

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Newark, NJ Area Reviews

    Jamela1+ 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 $1,275.

    What is the price of a cheap apartment in Newark?

    The cheapest apartment in Newark is The Residences at Clinton Hill which is listed at $932, while the average apartment in Newark costs $3,500.

    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 166 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 $372 which is $3,128 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 Maximizing Your Refund: Essential Tax Tips for Renters article

    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.

    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.