Cheap Homes for Rent in Central Business District Newark, NJ from $1,000 (10 Rentals)

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

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 117 Hudson St

117 Hudson St

NewarkNJ07103

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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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 High Park Terrace priced from $1,500. 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 TerraceONE BEDROOM1BR,1BA$1,500
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 September 14, 2025 the best value apartment in the Central Business District area is the $2.13 price per square foot 2 Bed 1 Bath / 4 Line Model at 91 Halsey Street in the in the Central Business District neighborhood starting from $2,650. The second greatest value Central Business District apartment is the SINGLE FAMILY HOME Model at 95 Vesey St starting at $2,600 with a $2.17 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.
91 Halsey Street2 Bed 1 Bath / 4 Line2BR,1BA$2.13
95 Vesey StSINGLE FAMILY HOME2BR,1BA$2.17
81 2nd St, Unit 2FL81 2nd St3BR,1BA$2.27
122 Cross St, Unit 1122 Cross St2BR,1.5BA$2.30
77 2nd St, Unit 177 2nd St3BR,1BA$2.20
118 Adams St310Studio ,1BA$2.11
Teachers Village - 17 William1 Bed 1 Bath1BR,1BA$2.33
289-293 Halsey StOne Bedroom1BR,1BA$2.29
50-56 Norfolk St1BR 1BA +Den2BR,1BA$2.41
147 Ferry St, Unit 3 R147 Ferry St1BR,1BA$2.09

Quick Rent Budget Calculator

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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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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 545 Apartments for Rent in Central Business District, NJ with pricing that ranges from $1,450 to $9,045. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Business District ranging from $1,000 to $3,690.

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 $3,690 with an average monthly rent of $2,013.

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 The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.