Cheap Homes for Rent in Central Business District Newark, NJ from $1,100 (20 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 12 Colgate Dr

$1,175 - $1,250

1 Bedroom Rentals

Available Now

12 Colgate Dr

NewarkNJ07103

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 632 Dr Martin Luther King J Dr

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500

1 Bedroom, 1 Bath Home for Rent

Available Now

632 Dr Martin Luther King J Dr, Unit 23

632 Dr Martin Luther King J Dr
NewarkNJ07102

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.

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property at 1 Cornerstone Ln

$1,200 - $1,650

Studio To 1 Bedroom Rentals

Available Now

1 Cornerstone Ln

NewarkNJ07103

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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Showing Results 1-20, Page 1 of 1

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 1 Bed unit found at Teachers Village - 17 William priced from $1,795. 118 Adams St has the second lowest priced unit, which is a Studio apartment currently listed from $1,800. Here are the most affordable Central Business District apartments for rent in Newark, NJ:

Apartment ListingModel NameBed/BathPriced From
Teachers Village - 17 William1 Jr Bed 1 Bath1BR,1BA$1,795
118 Adams St309Studio,1BA$1,800
Iron6500Studio,1BA$1,819
Hoyt TowerStudioStudio,1BA$1,850
120 Elm St1br 1bath1BR,1BA$1,850

Best Value Apartments for Rent in Central Business District, NJ

As of June 09, 2026 the best value apartment in the Central Business District area is the $0.26 price per square foot 37 6th St Model at 37 6th St, Unit 2 in the in the Central Business District neighborhood starting from $2,600. The second greatest value Central Business District apartment is the 109 Frank E Rodgers Blvd N Model at 109 Frank E Rodgers Blvd N, Unit 2 starting at $3,200 with a $2.37 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.
37 6th St, Unit 237 6th St3BR,1BA$0.26
109 Frank E Rodgers Blvd N, Unit 2109 Frank E Rodgers Blvd N4BR,2.5BA$2.37
194 Market St3001BR,1BA$1.81
130 Elm St, Unit 3130 Elm St3BR,1BA$2.00
30 Elm St, Unit 230 Elm St3BR,1BA$2.27
High Park TerraceTHREE BEDROOM3BR,1BA$2.14
182 Ferry St, Unit 2R182 Ferry St2BR,1BA$2.25
10 Pennsylvania Ave, Unit 110 Pennsylvania Ave3BR,1BA$2.22
147 Ferry St, Unit 3 R147 Ferry St1BR,1BA$2.09
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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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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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 #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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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 559 Apartments for Rent in Central Business District, NJ with pricing that ranges from $1,000 to $6,136. There are also 74 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Business District ranging from $1,100 to $4,200.

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 $4,200 with an average monthly rent of $2,226.

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 $2,000 to $5,380, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $4,200. Four Bedroom Single-Family rentals are also available starting from $2,450 and Four Bedroom Apartments start at $2,900.

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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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.