Cheap Apartments for Rent in the Central Business District Newark, NJ from $700 (44 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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339 Lafayette St, Unit 3
$1,600
Total Monthly Price

Total Monthly Price

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

339 Lafayette St, Unit 3

339 Lafayette StNewark, NJ 07105
Cost Per Sq.Ft.
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University Court, Inc.
1 to 3 Bedroom Apartments

University Court, Inc.

419 Washington StNewark, NJ 07102
  • Utilities Included

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.

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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
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25 Prospect St
1 to 2 Bedroom Apartments

25 Prospect St

25 Prospect StNewark, NJ 07105

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.

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289 Orange St
1 Bedroom Apartments

289 Orange St

289 Orange StNewark, NJ 07103

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.

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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 117 Hudson St

$1,150 - $1,400

Studio Rentals

Available Now

117 Hudson St

NewarkNJ07103

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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Hallmark House
Studio to 2 Bedroom Apartments

Hallmark House

10 Hill StNewark, NJ 07102
  • Utilities Included
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Cottage Place
1 to 4 Bedroom Apartments

Cottage Place

643 Martin Luther King Jr BlvdNewark, 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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property at 1 Cornerstone Ln

$1,200 - $1,650

Studio To 1 Bedroom Rentals

Available Now

1 Cornerstone Ln

NewarkNJ07103
Showing Results 1-44, 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 Studio unit found at Art Of Newark priced from $1,650. 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 ListingModel NameBed/BathPriced From
Art Of Newark44_STUDIStudio,1BA$1,650
Teachers Village - 17 William1 Jr Bed 1 Bath1BR,1BA$1,795
118 Adams St309Studio,1BA$1,800
Hoyt TowerStudioStudio,1BA$1,875
Iron6509Studio,1BA$1,949

Best Value Apartments for Rent in Central Business District, NJ

As of July 24, 2026 the best value apartment in the Central Business District area is the $1.86 price per square foot 158 Oliver St Model at 158 Oliver St, Unit 1 in the in the Central Business District neighborhood starting from $3,295. The second greatest value Central Business District apartment is the 125 Pacific St Model at 125 Pacific St, Unit 2nd Floor starting at $2,600 with a $1.68 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.
158 Oliver St, Unit 1158 Oliver St4BR,2BA$1.86
125 Pacific St, Unit 2nd Floor125 Pacific St2BR,1BA$1.68
525 Harrison Ave, Unit 2F525 Harrison Ave2BR,1BA$1.60
194 Market St3001BR,1BA$1.81
130 Elm St, Unit 3130 Elm St3BR,1BA$1.92
30 Elm St, Unit 230 Elm St3BR,1BA$2.27
High Park TerraceTHREE BEDROOM3BR,1BA$2.14
10 Pennsylvania Ave, Unit 110 Pennsylvania Ave3BR,1BA$2.22
147 Ferry St, Unit 3 R147 Ferry St1BR,1BA$2.09
339 Lafayette St, Unit 3339 Lafayette St1BR,1BA$2.22

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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Quick 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 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 Art Of Newark listed at $1,650.

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 $2,095 at Teachers Village - 17 William.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.