Cheap Homes for Rent in Central Business District Newark, NJ from $1,000 (12 Rentals)

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

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property at 1 Cornerstone Ln

$1,200 - $1,650

Studio To 1 Bedroom Rentals

Available Now

1 Cornerstone Ln

NewarkNJ07103

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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 186 Market St priced from $1,500. Art Of Newark has the second lowest priced unit, which is a Studio apartment currently listed from $1,750. Here are the most affordable Central Business District apartments for rent in Newark, NJ:

Apartment ListingModel NameBed/BathPriced From
186 Market St202Studio,1BA$1,500
Art Of Newark44_STUDIStudio,1BA$1,750
Walker HouseStudio / 1 BathroomStudio,1BA$1,764

Best Value Apartments for Rent in Central Business District, NJ

As of January 20, 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, Unit 2 in the in the Central Business District neighborhood starting from $3,000. The second greatest value Central Business District apartment is the 71 Hartford St Model at 71 Hartford St, Unit Apt 2 starting at $2,500 with a $0.86 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 St, Unit 217 Norfolk St3BR,2BA$0.30
71 Hartford St, Unit Apt 271 Hartford St3BR,2BA$0.86
48 1/2 3rd St, Unit Multi family48 1/2 3rd St4BR,2BA$1.47
44 Washington St, Unit 344 Washington St1BR,1BA$1.65
432 Harrison Ave, Unit BF432 Harrison Ave1BR,1BA$1.70
Teachers Village - 17 William1 Bed 1 Bath1BR,1BA$2.33
289-293 Halsey StOne Bedroom1BR,1BA$2.30
147 Ferry St, Unit 3 R147 Ferry St1BR,1BA$2.09
279 New York Ave, Unit 2279 New York Ave1BR,1BA$1.72
28 Harrison Ave, Unit 2nd floor28 Harrison Ave1BR,1BA$2.00

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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The 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.

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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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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 #2

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 558 Apartments for Rent in Central Business District, NJ with pricing that ranges from $700 to $6,136. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Business District ranging from $1,000 to $4,500.

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 $4,500 with an average monthly rent of $2,214.

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 A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!