Cheap Homes for Rent in Central Business District Newark, NJ from $1,000 (15 Rentals)

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

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 2 Beds unit found at High Park Terrace priced from $1,700. Art of Newark has the second lowest priced unit, which is a Studio apartment currently listed from $1,700. Here are the most affordable Central Business District apartments for rent in Newark, NJ:

Apartment ListingModel NameBed/BathPriced From
High Park TerraceTWO BEDROOM2BR,1BA$1,700
Art of NewarkStudio.Studio,1BA$1,700
Clinton Street LoftsC Line1BR,$1,750
Teachers Village - 17 William1 Jr Bed 1 Bath1BR,1BA$1,800

Best Value Apartments for Rent in Central Business District, NJ

As of July 25, 2025 the best value apartment in the Central Business District area is the $1.40 price per square foot 539 Central Ave Model at 539 Central Ave, Unit 1F in the in the Central Business District neighborhood starting from $3,500. The second greatest value Central Business District apartment is the 301 Model at 118 Adams St starting at $3,500 with a $1.87 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.
539 Central Ave, Unit 1F539 Central Ave3BR,3BA$1.40
118 Adams St3012BR,1BA$1.87
91 Halsey Street2 Bed 1 Bath / 4 Line2BR,1BA$2.13
82 2nd St82 2nd St3BR,1BA$1.79
Walker House1 Bedroom / 1 Bathroom1BR,1BA$2.02
186 Oliver St, Unit 2186 Oliver St2BR,1BA$2.30
77 2nd St, Unit 177 2nd St3BR,1BA$2.20
300 Harrison Ave, Unit APT1300 Harrison AveStudio ,1BA$1.50
Teachers Village - 17 William1 Bed 1 Bath1BR,1BA$2.33
45 Jones St, Unit 545 Jones St2BR,1BA$1.91

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Frequently Asked Questions about Central Business District

What type of rentals are currently available in Central Business District?

There are currently 556 Apartments for Rent in Central Business District, NJ with pricing that ranges from $1,450 to $9,765. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Business District ranging from $1,000 to $3,600.

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 $3,600 with an average monthly rent of $2,188.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.