Cheap Homes for Rent in Central Business District Newark, NJ from $1,000 (24 Rentals)

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

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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property at 38 Marrow St

38 Marrow St

NewarkNJ07103

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 30 Richmond St

30 Richmond St

NewarkNJ07103

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 1 Vaughan Dr

1 Vaughan Dr

NewarkNJ07103
Showing Results 1-24, Page 1 of 1

Central Business District, Newark, NJ Local Guide

Cheapest Available Central Business District Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Art of NewarkStudio.Studio,1BA$1,700
Teachers Village - 17 William1 Jr Bed 1 Bath1BR,1BA$1,800

Best Value Apartments for Rent in Central Business District, NJ

As of June 23, 2025 the best value apartment in the Central Business District area is the $1.87 price per square foot 301 Model at 118 Adams St in the in the Central Business District neighborhood starting from $3,500. The second greatest value Central Business District apartment is the 42 Van Buren St Model at 42 Van Buren St, Unit 1 starting at $2,650 with a $1.77 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.
118 Adams St3012BR,1BA$1.87
42 Van Buren St, Unit 142 Van Buren St3BR,2BA$1.77
91 Halsey Street2 Bed 1 Bath / 4 Line2BR,1BA$2.13
82 2nd St82 2nd St3BR,1BA$1.79
16 Duryea St, Unit 116 Duryea St3BR,1BA$2.15
300 Harrison Ave, Unit APT1300 Harrison AveStudio ,1BA$1.50
115BruenOne Bed + Den2BR,1BA$2.24
39 Jay St, Unit 339 Jay St2BR,1BA$2.13
147 Ferry St, Unit 2R147 Ferry St1BR,1BA$2.09
45 Jones St, Unit 545 Jones St2BR,1BA$2.00

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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Frequently Asked Questions about Central Business District

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

There are currently 553 Apartments for Rent in Central Business District, NJ with pricing that ranges from $900 to $13,043. There are also 66 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Business District ranging from $1,000 to $3,500.

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 $3,500 with an average monthly rent of $2,411.

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 $2,150 to $3,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,500 to $3,500. Four Bedroom Single-Family rentals are also available starting from $3,400 and Four Bedroom Apartments start at $2,840.

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.

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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.

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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.

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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.

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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.