Cheap New Apartments for Rent in Newark, NJ from $500 (15 Rentals)

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Lantana
Built in 20211 to 3 Bedroom Apartments

Lantana

109 Broad StNewark, NJ 07102

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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Residence on 18th
Built in 20191 to 3 Bedroom Apartments

Residence on 18th

875 18th AveIrvington, NJ 07111
  • Utilities Included
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Hilltop Senior
Built in 2023Studio to 2 Bedroom Apartments

Hilltop Senior

280 Park PlIrvington, NJ 07111
Senior Living
  • Utilities Included
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742 Park Avenue West
Built in 2017Studio to 2 Bedroom Apartments

742 Park Avenue West

742 Park AveEast Orange, NJ 07017
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95 N Walnut St
Built in 20161 to 3 Bedroom Apartments

95 N Walnut St

95 N Walnut StEast Orange, NJ 07017
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The Clinton Grand North
Built in 2021Studio to 2 Bedroom Apartments

The Clinton Grand North

14 N Clinton StEast Orange, NJ 07017
  • 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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14-20 Canfield St
Built in 20191 to 2 Bedroom Apartments

14-20 Canfield St

14-20 Canfield StOrange, NJ 07050
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304 Ege Ave
Built in 20182 to 3 Bedroom Apartments

304 Ege Ave

304 Ege AveJersey City, NJ 07304
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Harvard Printing II
Built in 20171 to 3 Bedroom Apartments

Harvard Printing II

550 Central AveOrange, NJ 07050
  • Utilities Included
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Harvard Printing II
Built in 20201 to 3 Bedroom Apartments

Harvard Printing II

22 Central AveWest Orange, NJ 07052
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Williams Terrace
Built in 20191 to 4 Bedroom Apartments

Williams Terrace

352 William StEast Orange, NJ 07017
  • Utilities Included

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.

Newark, NJ Local Guide

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, 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 $1,250.

    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 $3,775.

    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 432 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 $362 which is $3,413 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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

    A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

    Written by: Lauren Harrington

    I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

    decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

    Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

    Written by: Lauren Harrington

    This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

    decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

    What Does “Rent Burdened” Mean? How Much Rent Is Too Much

    Written by: Lauren Harrington

    This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

    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.