Cheap Apartments for Rent in the Central Business District Newark, NJ from $700 (49 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Central Business District area of Newark.

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184 Walnut St, Unit 1
$1,600
Total Monthly Price

Total Monthly Price

Base Rent
$1,600
Total Monthly Price
$1,600
2 Bedroom Apartment Available Now

184 Walnut St, Unit 1

184 Walnut StNewark, NJ 07105
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147 Ferry St, Unit 3 R
$1,675
Total Monthly Price

Total Monthly Price

Base Rent
$1,675
Total Monthly Price
$1,675
1 Bedroom Apartment Available Now

147 Ferry St, Unit 3 R

147 Ferry StNewark, NJ 07105
Cost Per Sq.Ft.

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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University Court, Inc.
1 to 3 Bedroom Apartments

University Court, Inc.

419 Washington StNewark, NJ 07102
  • Utilities Included
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Pavilion Towers
Studio to 2 Bedroom Apartments

Pavilion Towers

108 Dr Martin Luther King Jr BlvdNewark, NJ 07104
  • Utilities Included
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** Rooming House **
1 Bedroom Apartments

** Rooming House **

471 Washington StNewark, NJ 07102
Senior Living
  • Utilities Included
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96 Union St
Studio to 1 Bedroom Apartments

96 Union St

96 Union StNewark, NJ 07105
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60-70 Crawford St
1 to 2 Bedroom Apartments

60-70 Crawford St

60-70 Crawford StNewark, NJ 07102
  • 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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25 Prospect St
1 to 2 Bedroom Apartments

25 Prospect St

25 Prospect StNewark, NJ 07105
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289 Orange St
1 Bedroom Apartments

289 Orange St

289 Orange StNewark, NJ 07103

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.

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Building 6
Studio to 3 Bedroom Apartments

Building 6

245 Halsey StNewark, NJ 07102
  • Utilities Included
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Lincoln Park Lofts
1 to 2 Bedroom Apartments

Lincoln Park Lofts

39-41 Lincoln ParkNewark, NJ 07102
  • Utilities Included
property at 632 Dr Martin Luther King J Dr

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500

1 Bedroom, 1 Bath Home for Rent

Available Now

632 Dr Martin Luther King J Dr, Unit 23

632 Dr Martin Luther King J Dr
NewarkNJ07102
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Hallmark House
Studio to 2 Bedroom Apartments

Hallmark House

10 Hill StNewark, NJ 07102
  • Utilities Included

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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Cottage Place
1 to 4 Bedroom Apartments

Cottage Place

643 Martin Luther King Jr BlvdNewark, NJ 07102
  • Utilities Included
property at 1 Cornerstone Ln

$1,200 - $1,650

Studio To 1 Bedroom Rentals

Available Now

1 Cornerstone Ln

NewarkNJ07103
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The Colonnade
1 to 3 Bedroom Apartments

The Colonnade

25 Clifton AveNewark, NJ 07104
  • Utilities Included

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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186 Market St
Studio Apartments

186 Market St

186 Market StNewark, NJ 07102
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Showing Results 1-49, Page 1 of 1

Central Business District, Newark, NJ Local Guide

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 $749. Teachers Village - 17 William has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,800. Here are the most affordable Central Business District apartments for rent in Newark, NJ:

Apartment ListingModel NameBed/BathPriced From
FOUND Study University CentreDouble in 3x3 - Newark 26-27 (12 Month)3BR,3BA$749
Teachers Village - 17 William1 Jr Bed 1 Bath1BR,1BA$1,800
Iron6500Studio,1BA$1,819
Hoyt TowerStudioStudio,1BA$1,850
118 Adams St307Studio,1BA$1,850

Best Value Apartments for Rent in Central Business District, NJ

As of June 02, 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 $2,600 with a $0.26 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 ListingModel NameBed/BathPrice Per Sq.Ft.
17 Norfolk St17 Norfolk St3BR,2BA$0.30
37 6th St, Unit 237 6th St3BR,1BA$0.26
194 Market St3001BR,1BA$1.81
130 Elm St, Unit 3130 Elm St3BR,1BA$2.00
High Park TerraceTHREE BEDROOM3BR,1BA$2.14
182 Ferry St, Unit 2R182 Ferry St2BR,1BA$2.25
255 Springfield Ave, Unit 1255 Springfield Ave1BR,1BA$1.30
10 Pennsylvania Ave, Unit 110 Pennsylvania Ave3BR,1BA$2.22
147 Ferry St, Unit 3 R147 Ferry St1BR,1BA$2.09
279 New York Ave, Unit 2279 New York Ave1BR,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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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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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 Lifestyle
Central Business District, Newark, NJ

Ranked #3

Among cities in New Jersey for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 Iron65 listed at $1,819.

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 $1,800 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 $849 at FOUND Study University Centre.

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 FOUND Study University Centre and starts from $749.

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 Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.

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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.

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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.