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Cheap Apartments for Rent in the Central Business District Newark, NJ from $700 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Business District area of Newark.
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Rent Specials
$1,500 - $2,1501 to 3 Bedroom Apartments Available Now
High Park Terrace
36 Muhammad Ali AveNewark, NJ 07108
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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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1 to 3 Bedroom Apartments
Montgomery Heights Apartments
671 Dr Martin Luther King Jr BlvdNewark, NJ 07103
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.
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303 Frank E Rodgers Blvd S
HarrisonNJ07029
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.
Showing Results 1-18, Page 1 of 1
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 | $2,268 | $1,100 | $3,405 |
| Central Business District 1 Bedroom Apartments | $2,501 | $1,000 | $6,168 |
| Central Business District 2 Bedroom Apartments | $3,065 | $1,800 | $6,136 |
| Central Business District 3 Bedroom Apartments | $2,599 | $1,800 | $3,900 |
| Central Business District 4 Bedroom Apartments | $2,800 | $2,800 | $2,800 |
Browse Apartments in this Neighborhood
There are currently 18 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 High Park Terrace priced from $1,500. 24 Jones has the second lowest priced unit, which is a Studio apartment currently listed from $1,635. Here are the most affordable Central Business District apartments for rent in Newark, NJ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| High Park Terrace | ONE BEDROOM | 1BR,1BA | $1,500 |
| 24 Jones | Residence 7 | Studio,1BA | $1,635 |
| Art of Newark | Studio. | Studio,1BA | $1,700 |
| 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 November 25, 2025 the best value apartment in the Central Business District area is the $1.56 price per square foot 48 1/2 3rd St Model at 48 1/2 3rd St, Unit Multi family 2nd and 3rd in the in the Central Business District neighborhood starting from $2,800. The second greatest value Central Business District apartment is the 81 2nd St Model at 81 2nd St, Unit 2FL starting at $2,400 with a $1.60 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. |
|---|---|---|---|
| 48 1/2 3rd St, Unit Multi family 2nd and 3rd | 48 1/2 3rd St | 4BR,2BA | $1.56 |
| 81 2nd St, Unit 2FL | 81 2nd St | 3BR,2BA | $1.60 |
| 44 Washington St, Unit 3 | 44 Washington St | 1BR,1BA | $1.65 |
| 392 Broad St, Unit 2 | 392 Broad St | 2BR,1BA | $2.47 |
| Teachers Village - 17 William | 1 Bed 1 Bath | 1BR,1BA | $2.33 |
| 289-293 Halsey St | One Bedroom | 1BR,1BA | $2.29 |
| 134-142 Sussex Ave | 2BR 1BA | 2BR,1BA | $2.34 |
| 118 Adams St | 202 | Studio ,1BA | $2.35 |
| 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.
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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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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 24 Jones listed at $1,635.
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 $1,500 at High Park Terrace.
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 $2,000 at 134-142 Sussex Ave.
What is the most affordable Central Business District Three Bedroom Apartment?
The best deal on a cheap Central Business District Three Bedroom Apartment rental is at Arbol by Gomes and starts from $2,800.
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.
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!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.