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$838 - $1,8292 to 3 Bedroom Apartments Available Now
FOUND Study University Centre
250 Central AveNewark, NJ 07103
Cheap Apartments for Rent in the Central Business District Newark, NJ from $700 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Business District area of Newark.
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$1,000
Total Monthly Price
1 Bedroom Apartment Available May 1Total Monthly Price
Base Rent
$1,000
Total Monthly Price
$1,000
279 New York Ave, Unit 2, Unit 2
279 New York AveNewark, NJ 07105
22 Howard Ct
NewarkNJ07103
65 Columbia St
NewarkNJ07102
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$1,500 - $2,1501 to 3 Bedroom Apartments Available Jun 1
High Park Terrace
36 Muhammad Ali AveNewark, NJ 07108
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1 to 3 Bedroom Apartments
University Court, Inc.
419 Washington StNewark, NJ 07102
11 Lincoln Park
NewarkNJ07102
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Studio to 2 Bedroom Apartments
Pavilion Towers
108 Dr Martin Luther King Jr BlvdNewark, NJ 07104
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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1 Bedroom Apartments
** Rooming House **
471 Washington StNewark, NJ 07102
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Studio to 1 Bedroom Apartments
96 Union St
96 Union StNewark, NJ 07105
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1 to 2 Bedroom Apartments
60-70 Crawford St
60-70 Crawford StNewark, NJ 07102
141-143-143 Norfolk St
NewarkNJ07103
161-163-163 Sussex Ave
NewarkNJ07103
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1 to 2 Bedroom Apartments
25 Prospect St
25 Prospect StNewark, NJ 07105
206 Matthews Drive
NewarkNJ07103
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2 to 4 Bedroom Apartments
City View Landing Family
195 W Kinney StNewark, NJ 07103
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 Bedroom Apartments
289 Orange St
289 Orange StNewark, NJ 07103
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1 to 3 Bedroom Apartments
Montgomery Heights Apartments
671 Dr Martin Luther King Jr BlvdNewark, NJ 07103
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Studio to 1 Bedroom Apartments
Court Tower Apartments
1 Court StNewark, NJ 07102
40 Cornerstone Ln
NewarkNJ07103
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Studio to 3 Bedroom Apartments
Building 6
245 Halsey StNewark, NJ 07102
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1 to 2 Bedroom Apartments
Lincoln Park Lofts
39-41 Lincoln ParkNewark, NJ 07102
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1 to 3 Bedroom Apartments
440 Washington Street Apartments
440 Washington StNewark, NJ 07102
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1 to 3 Bedroom Apartments
Stella Garden Apartments
147 Charlton StNewark, 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.
30 Richmond Street4 - Master Bedroom
NewarkNJ07103
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Studio to 2 Bedroom Apartments
Hallmark House
10 Hill StNewark, NJ 07102
4 Rutgers Dr
NewarkNJ07103
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1 to 4 Bedroom Apartments
Cottage Place
643 Martin Luther King Jr BlvdNewark, NJ 07102
1 Vaughan Dr
NewarkNJ07103
236 Warren St
NewarkNJ07103
22 Krueger Ct
NewarkNJ07103
1 Cornerstone Ln
NewarkNJ07103
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.
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$1,000
Total Monthly Price
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,000
Total Monthly Price
$1,000
327 Essex St, Unit Harrison share space, Unit Harrison share space
327 Essex StHarrison, NJ 07029
239-243-243 Harrison Ave
HarrisonNJ07029
Showing Results 1-34, 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 | $2,242 | $1,650 | $3,300 |
| Central Business District 1 Bedroom Apartments | $2,477 | $1,000 | $4,100 |
| Central Business District 2 Bedroom Apartments | $2,979 | $875 | $6,136 |
| Central Business District 3 Bedroom Apartments | $2,540 | $838 | $4,765 |
| Central Business District 4 Bedroom Apartments | $3,200 | $3,200 | $3,200 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 34 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 3 Beds unit found at FOUND Study University Centre priced from $838. Art Of Newark has the second lowest priced unit, which is a Studio apartment currently listed from $1,650. Here are the most affordable Central Business District apartments for rent in Newark, NJ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| FOUND Study University Centre | Double in 3x3 - Newark 26-27 (12 Month) | 3BR,3BA | $838 |
| Art Of Newark | 44_STUDI | Studio,1BA | $1,650 |
| Newark Makerhoods | 1 Bedroom | 1BR,1BA | $1,795 |
| Teachers Village - 17 William | 1 Jr Bed 1 Bath | 1BR,1BA | $1,800 |
| Hoyt Tower | Studio | Studio,1BA | $1,850 |
Best Value Apartments for Rent in Central Business District, NJ
As of April 16, 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 in the in the Central Business District neighborhood starting from $3,000. The second greatest value Central Business District apartment is the 37 6th St Model at 37 6th St, Unit 2 starting at $2,800 with a $0.28 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 | 17 Norfolk St | 3BR,2BA | $0.30 |
| 37 6th St, Unit 2 | 37 6th St | 3BR,1BA | $0.28 |
| 109 Frank E Rodgers Blvd N, Unit 2 | 109 Frank E Rodgers Blvd N | 4BR,2.5BA | $2.37 |
| 130 Elm St, Unit 3 | 130 Elm St | 3BR,1BA | $2.08 |
| 30 Elm St, Unit 2 | 30 Elm St | 3BR,1BA | $2.27 |
| 44 Washington St | 44 Washington St | 3BR,1BA | $2.20 |
| Teachers Village - 17 William | 1 Bed 1 Bath | 1BR,1BA | $2.33 |
| 10 Pennsylvania Ave, Unit 1 | 10 Pennsylvania Ave | 3BR,1BA | $2.22 |
| 147 Ferry St, Unit 3 R | 147 Ferry St | 1BR,1BA | $2.09 |
| 118 Adams St | 307 | Studio ,1BA | $2.41 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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.
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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 a cheap apartment in Central Business District?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central Business District is under $1,850.
What is the price of a cheap apartment in Central Business District?
The cheapest apartment in Central Business District is Teachers Village - 17 William which is listed at $1,800, while the average apartment in Central Business District costs $3,200.
What types of apartments are the cheapest in Central Business District?
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 18 regular apartments in Central Business District 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 Central Business District?
Cheap apartments in Central Business District have an average cost of $298 which is $2,902 cheaper than the average rent for all rentals in Central Business District.
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
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.
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.