
Cheap Apartments for Rent in the Central Business District Newark, NJ from $783 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Business District area of Newark.


12 Thomas St

12 Thomas St

High Park Terrace

93 Nichols St

University Court, Inc.

Pavilion Towers

** Rooming House **

96 Union St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

60-70 Crawford St

255-257-257 New Jersey Railroad Ave

45-47-47 Vesey St

117 Hudson St

161-163-163 Sussex Ave

25 Prospect St

City View Landing Family

289 Orange St

12 Colgate Dr
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Montgomery Heights Apartments

38 Marrow St

12 Krueger Ct

30 Richmond St

141-143-143 Norfolk St

Building 6

Court Tower Apartments

Lincoln Park Lofts

440 Washington Street Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Stella Garden Apartments

20 Ashby Ln

48 Marrow St

332 New St

4 Rutgers Dr

75 Cornerstone Ln

44 S Orange Ave

37 Howard Ct

Hallmark House
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.

Cottage Place

1 Cornerstone Ln

Total Monthly Price
327 Essex St, Unit Harrison share space
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 | $2,286 | $1,695 | $3,587 |
| Central Business District 1 Bedroom Apartments | $2,542 | $1,000 | $4,100 |
| Central Business District 2 Bedroom Apartments | $3,263 | $1,800 | $6,136 |
| Central Business District 3 Bedroom Apartments | $2,975 | $1,900 | $6,035 |
| Central Business District 4 Bedroom Apartments | $2,600 | $2,600 | $2,600 |
Browse Apartments in this Neighborhood
There are currently 39 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 Studio unit found at Art Of Newark priced from $1,750. Teachers Village - 17 William has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,795. 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 | Studio,1BA | $1,750 |
| Teachers Village - 17 William | 1 Jr Bed 1 Bath | 1BR,1BA | $1,795 |
| Newark Makerhoods | 1 Bedroom | 1BR,1BA | $1,795 |
| High Park Terrace | TWO BEDROOM | 2BR,1BA | $1,800 |
Best Value Apartments for Rent in Central Business District, NJ
As of September 08, 2026 the best value apartment in the Central Business District area is the $1.04 price per square foot 409 Cleveland Ave Model at 409 Cleveland Ave, Unit 1F+B in the in the Central Business District neighborhood starting from $2,600. The second greatest value Central Business District apartment is the 207 Cleveland Ave Model at 207 Cleveland Ave, Unit #1 starting at $3,700 with a $2.18 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. |
|---|---|---|---|
| 409 Cleveland Ave, Unit 1F+B | 409 Cleveland Ave | 2BR,2BA | $1.04 |
| 207 Cleveland Ave, Unit #1 | 207 Cleveland Ave | 3BR,3BA | $2.18 |
| 125 Pacific St, Unit 2nd Floor | 125 Pacific St | 2BR,1BA | $1.68 |
| 525 Harrison Ave, Unit 2F | 525 Harrison Ave | 2BR,1BA | $1.60 |
| 130 Elm St, Unit 3 | 130 Elm St | 3BR,1BA | $2.08 |
| 91 Halsey St | 2 Bed x 1 Bath Type-2 | 2BR,1BA | $2.13 |
| 386 New St, Unit Apartment 2 | 386 New St | 3BR,2BA | $2.08 |
| 97 Houston St, Unit 97 houston st nj | 97 Houston St | 1BR,1BA | $1.94 |
| 147 Ferry St | 147 Ferry St | 1BR,1BA | $2.22 |
| 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 ArticleNavigating 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.
Read ArticleReal 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.
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 #3
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 Art Of Newark listed at $1,750.
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 $1,795 at Teachers Village - 17 William.
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 $1,800 at High Park Terrace.
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 High Park Terrace and starts from $2,150.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.