Cheap Homes for Rent in the Central Business District Newark, NJ from $1,100 (19 Rentals)

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

property at 117 Hudson St
$1,100 - $1,400
Studio Rentals
Available Now
Affordability

117 Hudson St

NewarkNJ07103
property at 12 Thomas St
$1,200

Total Monthly Price

Base Rent$1,200

Total Monthly Price$1,200
1 Bedroom, 1 Bath Home for Rent
Available Now
Furnished

12 Thomas St

NewarkNJ07114
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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.

property at 12 Colgate Dr
$1,200
Studio Rentals
Available Now
Furnished

12 Colgate Dr

NewarkNJ07103

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.

property at 48 Marrow St
$1,450
Studio Rentals
Available Now
Furnished

48 Marrow St

NewarkNJ07103
property at 4 Rutgers Dr
$1,500
Studio Rentals
Available Now
Furnished

4 Rutgers Dr

NewarkNJ07103

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.

property at 1 Cornerstone Ln
$1,200 - $1,650
Studio To 1 Bedroom Rentals
Available Now

1 Cornerstone Ln

NewarkNJ07103

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 $1,750. 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$1,750
Teachers Village - 17 William1 Jr Bed 1 Bath1BR,1BA$1,795
Newark Makerhoods1 Bedroom1BR,1BA$1,795
High Park TerraceTWO BEDROOM2BR,1BA$1,800

Best Value Apartments for Rent in Central Business District, NJ

As of September 07, 2026 the best value apartment in the Central Business District area is the $1.04 price per square foot 409 Cleveland Ave Model at 409 Cleveland Ave, Unit 1F+B in the in the Central Business District neighborhood starting from $2,600. The second greatest value Central Business District apartment is the 207 Cleveland Ave Model at 207 Cleveland Ave, Unit #1 starting at $3,700 with a $2.18 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.
409 Cleveland Ave, Unit 1F+B409 Cleveland Ave2BR,2BA$1.04
207 Cleveland Ave, Unit #1207 Cleveland Ave3BR,3BA$2.18
125 Pacific St, Unit 2nd Floor125 Pacific St2BR,1BA$1.68
525 Harrison Ave, Unit 2F525 Harrison Ave2BR,1BA$1.60
130 Elm St, Unit 3130 Elm St3BR,1BA$2.08
91 Halsey St2 Bed x 1 Bath Type-22BR,1BA$2.13
386 New St, Unit Apartment 2386 New St3BR,2BA$2.08
97 Houston St, Unit 97 houston st nj97 Houston St1BR,1BA$1.94
147 Ferry St147 Ferry St1BR,1BA$2.22
279 New York Ave, Unit 2279 New York Ave1BR,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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

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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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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Frequently Asked Questions about Central Business District

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

There are currently 570 Apartments for Rent in Central Business District, NJ with pricing that ranges from $1,000 to $6,136. There are also 67 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Business District ranging from $1,100 to $4,100.

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 $1,100 to $4,100 with an average monthly rent of $2,059.

How much are larger Three and Four Bedroom Rentals in Central Business District?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Central Business District range from $1,900 to $6,035, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,600 to $3,600. Four Bedroom Single-Family rentals are also available starting from $2,750 and Four Bedroom Apartments start at $2,600.

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

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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.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.