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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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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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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
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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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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 | $2,260 | $1,445 | $3,191 |
| Central Business District 1 Bedroom Apartments | $2,552 | $1,000 | $4,423 |
| Central Business District 2 Bedroom Apartments | $3,099 | $1,650 | $6,136 |
| Central Business District 3 Bedroom Apartments | $2,651 | $2,000 | $3,500 |
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 Studio unit found at Art of Newark priced from $1,700. Newark Makerhoods 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 | Studio. | Studio,1BA | $1,700 |
| Newark Makerhoods | 1 Bedroom | 1BR,1BA | $1,795 |
| Arbol by Gomes | 1BR 1BA | 1BR,1BA | $1,800 |
| Teachers Village - 17 William | 1 Jr Bed 1 Bath | 1BR,1BA | $1,800 |
| 915 Broad | 1 BR | 1BR,1BA | $1,810 |
Best Value Apartments for Rent in Central Business District, NJ
As of October 07, 2025 the best value apartment in the Central Business District area is the $1.10 price per square foot 393 Lafayette St Model at 393 Lafayette St, Unit 1 in the in the Central Business District neighborhood starting from $2,200. The second greatest value Central Business District apartment is the 81 2nd St Model at 81 2nd St, Unit 2FL starting at $2,500 with a $1.67 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. |
|---|---|---|---|
| 393 Lafayette St, Unit 1 | 393 Lafayette St | 2BR,1BA | $1.10 |
| 81 2nd St, Unit 2FL | 81 2nd St | 3BR,1BA | $1.67 |
| 68 Prospect St, Unit 2 | 68 Prospect St | 3BR,2BA | $2.04 |
| 6 6th St, Unit Floor 2 | 6 6th St | 2BR,1BA | $1.58 |
| 95 Vesey St | SINGLE FAMILY HOME | 2BR,1BA | $2.17 |
| High Park Terrace | THREE BEDROOM | 3BR,1BA | $2.14 |
| 122 Cross St, Unit 1 | 122 Cross St | 2BR,1.5BA | $2.10 |
| 118 Adams St | 310 | Studio ,1BA | $2.11 |
| 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 |
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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 Art of Newark listed at $1,700.
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 Newark Makerhoods.
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 $2,050 at 50-56 Norfolk St.
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
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.
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.