
Cheap Apartments for Rent in Newark, NJ from $500 (231 Rentals)
Search the lowest-cost Apartments available for rent right now in Newark.


Total Monthly Price
44 Elwood Ave, Unit Clifton rm

904 S 18th St

The Residences at Clinton Hill

Garden Spires Apartments

779 Lake St

34-36-36 Nairn Pl

279 New York Ave, Unit 2

108 Shanley Ave

16 Irving St
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.

Parkwood Place Apartments

15 Voorhees St

15 Voorhees St

Addison Towers

65 Columbia St

17 Elwood Pl

645 Ferry St, Unit iron

Total Monthly Price
72 Seymour Ave

58 Underwood St

1 Noll Pl
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.

Total Monthly Price
273 S Orange Ave

Heritage Estates

Forest Hill Terrace

45 Bloomfield Ave

64 Cedar Ave

196 Shephard Ave

500 Hawthorne Ave

Nyendak Apartments

318 Grove St

354 15th Ave
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.

High Park Terrace

67 Victoria Ave

79 Jackson St

Golden Brick

292 Wainwright St

Ivy Hill Park Apartments

595 Elizabeth Ave

129 Chancellor Ave

University Court, Inc.

305 Osborne Ter
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.

Pavilion Towers

** Rooming House **

103 Chancellor

223-225 Mount Prospect Ave

802 Broadway

96 Union St

218 Highland Ave

Evelyn Arms

Grafton Arms

17-21 Elwood Pl
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

How much does it cost to rent an apartment in Newark?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Newark Studio Apartments | $2,049 | $850 | $6,012 |
| Cheap Newark 1 Bedroom Apartments | $2,328 | $900 | $7,591 |
| Cheap Newark 2 Bedroom Apartments | $2,820 | $900 | $8,271 |
| Cheap Newark 3 Bedroom Apartments | $2,607 | $1,000 | $8,500 |
| Cheap Newark 4 Bedroom Apartments | $2,893 | $800 | $4,800 |
| Newark 5 Bedroom Apartments | $3,952 | $875 | $6,600 |
Browse Top Apartments in Newark
See all Apartments in NewarkExplore Newark
Newark, NJ Local Guide

- Newark Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Newark, NJ
Pricing Updated: 03/16/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Dayton | $2,400 | $1,400 | 32 |
| South Broad Street | $2,425 | $850 | 16 |
| Dayton Weequahic Park | $2,500 | $1,375 | 43 |
| South Ironbound | $2,500 | $1,000 | 18 |
| Lower Roseville | $2,550 | $950 | 38 |
| Springfield Belmont | $2,550 | $850 | 38 |
| Ward 2 | $2,600 | $800 | 282 |
| Upper Clinton Hill | $2,700 | $900 | 69 |
| Upper Irvington | $2,725 | $1,250 | 47 |
| Weequahic | $2,750 | $1,450 | 42 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Residences at Clinton Hill | 1BR/1BA | 1BR,1BA | $932 |
| Garden Spires Apartments | 1 Bed, 1 bath | 1BR,1BA | $950 |
| 296 South Harrison | 1 Bed 1 Bath | 1BR,1BA | $1,249 |
| Parkwood Place Apartments | Studio | Studio,1BA | $1,250 |
| Addison Towers | 402 F | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 17 Norfolk St | 17 Norfolk St | 3BR,2BA | $0.30 |
| 16 Marne St, Unit 2 | 16 Marne St | 3BR,2.5BA | $0.24 |
| 55 Schley St | 55 Schley St | 3BR,2BA | $0.26 |
| 37 6th St, Unit 2 | 37 6th St | 3BR,1BA | $0.30 |
| 275 Rhode Island Ave, Unit 2nd Unit | 275 Rhode Island Ave | 3BR,1BA | $0.85 |
| 44 N 16th St, Unit 1 | 44 N 16th St | 3BR,1BA | $0.90 |
| 24 Grand Ave, Unit 1 | 24 Grand Ave | 3BR,1BA | $0.98 |
| 30 Mount Pleasant Ave, Unit 2nd Floor | 30 Mount Pleasant Ave | 3BR,2BA | $1.05 |
| 44 Elwood Ave, Unit Clifton rm | 44 Elwood Ave | 2BR,1BA | $0.75 |
| 89 Clinton St, Unit apt 2 | 89 Clinton St | 3BR,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.
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.
Read ArticleCash 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.
Read ArticleQuick 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.
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
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
Newark, NJ Area Reviews
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 $1,275.
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

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.

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.

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.

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.