
Cheap Apartments for Rent in the Central Business District Newark, NJ from $700 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Business District area of Newark.


Art Of Newark

186 Market St

High Park Terrace

University Court, Inc.

Pavilion Towers

** Rooming House **
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.

96 Union St

60-70 Crawford St

25 Prospect St

City View Landing Family

289 Orange St

Montgomery Heights Apartments

Court Tower Apartments
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.

Building 6

Lincoln Park Lofts

440 Washington Street Apartments

Stella Garden Apartments

28 Harrison Ave, Unit 2nd floor

327 Essex St, Unit Harrison share space

303 Frank E Rodgers Blvd S
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.
Central Business District, Newark, NJ Local Guide

How much does it cost to rent an apartment in Central Business District?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central Business District Studio Apartments | $2,240 | $1,500 | $3,191 |
| Central Business District 1 Bedroom Apartments | $2,455 | $900 | $4,027 |
| Central Business District 2 Bedroom Apartments | $3,066 | $1,750 | $6,136 |
| Central Business District 3 Bedroom Apartments | $2,667 | $1,800 | $4,765 |
| Central Business District 4 Bedroom Apartments | $2,650 | $2,650 | $2,650 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 1 mile radius of the Central Business District Neighborhood of Newark, NJ.
See all Apartments in NewarkExplore Newark
Central Business District, Newark, NJ Local Guide
- Nearby Newark neighborhoods
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Cheapest Available Central Business District Apartments for Rent
 The cheapest available apartment rental in the Central Business District area of Newark, NJ is a 1 Bed unit found at Art Of Newark priced from $1,216. 186 Market St has the second lowest priced unit, which is a Studio apartment currently listed from $1,500. Here are the most affordable Central Business District apartments for rent in Newark, NJ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Art Of Newark | 44_STUDI | 1BR,1BA | $1,216 |
| 186 Market St | 202 | Studio,1BA | $1,500 |
| Walker House | Studio / 1 Bathroom | Studio,1BA | $1,764 |
| Newark Makerhoods | 1 Bedroom | 1BR,1BA | $1,795 |
| Teachers Village - 17 William | 1 Jr Bed 1 Bath | 1BR,1BA | $1,800 |
Best Value Apartments for Rent in Central Business District, NJ
As of January 10, 2026 the best value apartment in the Central Business District area is the $0.30 price per square foot 17 Norfolk St Model at 17 Norfolk St, Unit 2 in the in the Central Business District neighborhood starting from $3,000. The second greatest value Central Business District apartment is the 71 Hartford St Model at 71 Hartford St, Unit Apt 2 starting at $2,500 with a $0.86 price per square foot in the Central Business District neighborhood. Here is today’s list of the best values for Central Business District apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 17 Norfolk St, Unit 2 | 17 Norfolk St | 3BR,2BA | $0.30 |
| 71 Hartford St, Unit Apt 2 | 71 Hartford St | 3BR,2BA | $0.86 |
| 48 1/2 3rd St, Unit Multi family | 48 1/2 3rd St | 4BR,2BA | $1.47 |
| 91 Halsey Street | 2 Bed 1 Bath / 4 Line | 2BR,1BA | $2.13 |
| 50-56 Norfolk St | 2BR 2BA | 2BR,2BA | $2.30 |
| 44 Washington St, Unit 3 | 44 Washington St | 1BR,1BA | $1.65 |
| 432 Harrison Ave, Unit BF | 432 Harrison Ave | 1BR,1BA | $1.70 |
| 289-293 Halsey St | One Bedroom | 1BR,1BA | $2.30 |
| 147 Ferry St, Unit 3 R | 147 Ferry St | 1BR,1BA | $2.09 |
| 279 New York Ave, Unit 2 | 279 New York Ave | 1BR,1BA | $1.72 |
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.
Pet Friendly LifestyleCentral Business District, Newark, NJ
Ranked #2
Among cities in New Jersey for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Central Business District, Newark, NJ
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across New Jersey including Central Business District, Newark, and the greater New York City area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, pet-friendly features, places that make kids happy, proximity to transit, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Central Business District Apartments
What is the Cheapest Studio apartment in Central Business District?
Currently the most affordable Cheap Studio Apartment in Central Business District is at 186 Market St listed at $1,500.
How much is rent for a Cheap One Bedroom Central Business District Apartment?
The lowest price for a Cheap One Bedroom Central Business District Apartment is $1,216 at Art Of Newark.
What is the lowest price for a Cheap Two Bedroom Central Business District Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Central Business District is starting from $1,900 at 50-56 Norfolk St.
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

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!