Cheap Apartments for Rent in Newark, NJ from $500 (262 Rentals)

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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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129 Chancellor Ave
Studio to 2 Bedroom Apartments

129 Chancellor Ave

129 Chancellor AveNewark, 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
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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
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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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Nyendak Apartments
Studio to 2 Bedroom Apartments

Nyendak Apartments

218 Lincoln AveNewark, 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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Evelyn Arms
Studio to 1 Bedroom Apartments

Evelyn Arms

357 Lake StNewark, NJ 07104
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218 Highland Ave
1 to 3 Bedroom Apartments

218 Highland Ave

218 Highland 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
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Nyendak Apartments
Studio to 2 Bedroom Apartments

Nyendak Apartments

219-226 Lincoln AveNewark, NJ 07104
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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: 09/19/2025

Current apartment rentals in the Newark, NJ area range in price from $800 to $6,700 with an overall median price of $3,547. The three Newark neighborhoods with the lowest median rent pricing are Fairmount at $1,150, Lower Roseville at $1,600, and Ward 2 at $1,550. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Newark Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Fairmount$2,250$1,15013
Lower Roseville$2,300$1,60010
Ward 2$2,500$1,55016
Seventh Avenue$2,500$1,1009
Upper Clinton Hill$2,550$1,75018
Ward 1$2,562$1,50017
Ward 5$2,600$1,00020
Watsessing County Park$2,600$1,50017
Upper Roseville$2,600$1,0009
Lower Vailsburg$2,650$80036

Cheapest Available Newark Apartments for Rent

 

The cheapest available apartment rental in Newark, NJ is a 1 Bed unit found at Garden Spires Apartments in the Lower Broadway neighborhood priced from $950. Heritage Estates in the Lower Clinton Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here is today’s list of the most affordable Newark apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Garden Spires Apartments1 Bed, 1 bath1BR,1BA$950
Heritage EstatesOne Bedroom1BR,1BA$1,150
Parkwood Place ApartmentsStudioStudio,1BA$1,250
Addison Towers402 BStudio,1BA$1,275

Best Value Apartments for Rent in Newark, NJ

As of September 19, 2025 the best value apartment in the Newark area is the $0.24 price per square foot 102 W Allen St Model at 102 W Allen St, Unit 1 in the in the Upper Vailsburg neighborhood starting from $2,350. The second greatest value Newark apartment is the 349 Lyons Ave Model at 349 Lyons Ave starting at $2,500 with a $0.25 price per square foot in the Livingston 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.
102 W Allen St, Unit 1102 W Allen St3BR,1BA$0.24
349 Lyons Ave349 Lyons Ave4BR,1BA$0.25
305 Chadwick Ave305 Chadwick Ave3BR,1BA$0.18
300 Wilson Ave, Unit 1300 Wilson Ave3BR,2BA$0.33
104 Gotthardt St, Unit Apt. #4104 Gotthardt St3BR,1BA$0.64
144 Steuben St, Unit Apt 2144 Steuben St4BR,2BA$1.15
150 Brookdale Ave, Unit 1150 Brookdale Ave3BR,1BA$1.05
Tiffany Manor2 Beds, 1.5 baths2BR,1.5BA$1.10
269 N 10th St269 N 10th St2BR,1BA$1.00
354 15th Ave, Unit 3 Right354 15th Ave2BR,1BA$1.00

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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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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

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 the Cheapest Studio apartment in Newark?

    Currently the most affordable Cheap Studio Apartment in Newark is at Parkwood Place Apartments 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 $950 at Garden Spires Apartments.

    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

    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.

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    How to Negotiate Your Apartment Lease and Save Money

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    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.

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

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

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    Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.