
Cheap Homes for Rent in Central Business District Newark, NJ from $1,000 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Central Business District area of Newark.


117 Hudson St

1 Cornerstone Ln
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.

30 Richmond Street4 - Master Bedroom

1 Vaughan Dr
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.
Central Business District, Newark, NJ Local Guide

How much does it cost to rent a home in Central Business District?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central Business District 2 Bedroom Homes for Rent | $2,326 | $1,800 | $3,500 |
| Central Business District 3 Bedroom Homes for Rent | $3,250 | $2,200 | $4,600 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 1 mile radius of the Central Business District Neighborhood of Newark, NJ.
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Central Business District, Newark, NJ Local Guide
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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 |
| Teachers Village - 17 William | 1 Jr Bed 1 Bath | 1BR,1BA | $1,800 |
Best Value Apartments for Rent in Central Business District, NJ
As of December 21, 2025 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, Unit 2 in the in the Central Business District neighborhood starting from $3,000. The second greatest value Central Business District apartment is the 48 1/2 3rd St Model at 48 1/2 3rd St, Unit Multi family starting at $2,650 with a $1.47 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, Unit 2 | 17 Norfolk St | 3BR,2BA | $0.30 |
| 48 1/2 3rd St, Unit Multi family | 48 1/2 3rd St | 4BR,2BA | $1.47 |
| 91 Halsey Street | 2 Bed 1 Bath / 4 Line | 2BR,1BA | $2.13 |
| 44 Washington St, Unit 3 | 44 Washington St | 1BR,1BA | $1.65 |
| 432 Harrison Ave, Unit UNIT BF | 432 Harrison Ave | 1BR,1BA | $1.70 |
| 118 Elm St | 1 Bed, 1 bath | 1BR,1BA | $2.14 |
| Teachers Village - 17 William | 1 Bed 1 Bath | 1BR,1BA | $2.33 |
| 289-293 Halsey St | One Bedroom | 1BR,1BA | $2.30 |
| 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 |
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 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 #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
Frequently Asked Questions about Central Business District
What type of rentals are currently available in Central Business District?
There are currently 540 Apartments for Rent in Central Business District, NJ with pricing that ranges from $1,000 to $6,136. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Business District ranging from $1,000 to $4,600.
What is the current price range for Rental Homes in Central Business District?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Central Business District ranges from $1,000 to $4,600 with an average monthly rent of $2,369.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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.
