Cheap Apartments for Rent in the Dayton Neighborhood of Newark, NJ from $700 (38 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Dayton area of Newark.

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.

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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129 Chancellor Ave
Studio to 2 Bedroom Apartments

129 Chancellor Ave

129 Chancellor AveNewark, NJ 07112
  • Utilities Included
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595 Elizabeth Ave
Studio to 2 Bedroom Apartments

595 Elizabeth Ave

595 Elizabeth AveNewark, NJ 07112
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305 Osborne Ter
1 to 2 Bedroom Apartments

305 Osborne Ter

305 Osborne TerNewark, NJ 07112
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103 Chancellor Ave
Studio to 3 Bedroom Apartments

103 Chancellor Ave

103 Chancellor AveNewark, NJ 07112
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Wainwright Street Arms
1 to 2 Bedroom Apartments

Wainwright Street Arms

214-218 Wainwright StNewark, NJ 07112
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Elizabeth Goldsmith
1 to 3 Bedroom Apartments

Elizabeth Goldsmith

691 Elizabeth AveNewark, NJ 07112
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603 Elizabeth Avenue
Studio to 3 Bedroom Apartments

603 Elizabeth Avenue

585 Elizabeth AveNewark, NJ 07112
  • Utilities Included
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469 Elizabeth Ave
1 to 3 Bedroom Apartments

469 Elizabeth Ave

463 Elizabeth AveNewark, NJ 07112
  • Utilities Included

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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14 Grant Ave
3 Bedroom Apartments

14 Grant Ave

14 Grant AveNewark, NJ 07112
Corporate Housing
  • Utilities Included
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1100-1127 Sheridan Ave
Studio to 2 Bedroom Apartments

1100-1127 Sheridan Ave

1100-1127 Sheridan AveElizabeth, NJ 07208
  • Utilities Included

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.

Dayton, Newark, NJ Local Guide

Cheapest Available Dayton Apartments for Rent

 

The cheapest available apartment rental in the Dayton area of Newark, NJ is a Studio unit found at Heritage Estates priced from $1,250. Sheridan Gardens has the second lowest priced unit, which is a Studio apartment currently listed from $1,400. Here are the most affordable Dayton apartments for rent in Newark, NJ:

Apartment ListingModel NameBed/BathPriced From
Heritage EstatesStudioStudio,1BA$1,250
Sheridan GardensStudioStudio,1BA$1,400
Modern Kit/Bath, Heat/Hot Water Included, Live-in Manager2 BR2BR,1BA$1,895
Cosmo440 Luxury Apartments1 Bed | 1 Bath1BR,1BA$2,000

Best Value Apartments for Rent in Dayton, NJ

As of April 27, 2026 the best value apartment in the Dayton area is the $1.76 price per square foot 176 Weequahic Ave Model at 176 Weequahic Ave in the in the Livingston neighborhood starting from $3,000. The second greatest value Dayton apartment is the 183 Chancellor Ave Model at 183 Chancellor Ave, Unit First Floor starting at $2,600 with a $2.36 price per square foot in the Livingston neighborhood. Here is today’s list of the best values for Dayton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
176 Weequahic Ave176 Weequahic Ave2BR,2BA$1.76
183 Chancellor Ave, Unit First Floor183 Chancellor Ave3BR,1BA$2.36
26 Harding Ter, Unit 126 Harding Ter1BR,1BA$2.28
971 Bergen St, Unit 4971 Bergen St3BR,1BA$2.30
47 Saint James Pl, Unit 347 Saint James Pl2BR,1BA$2.00
300 Lyons Ave, Unit 6300 Lyons Ave2BR,1BA$2.16
275 Clinton Pl, Unit 1275 Clinton Pl2BR,1BA$2.44
Modern Kit/Bath, Heat/Hot Water Included, Live-in Manager2 BR2BR,1BA$2.65
69 Mapes Ave, Unit 369 Mapes Ave1BR,1BA$2.00
Heritage EstatesStudioStudio ,1BA$2.24

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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
Dayton, Newark, NJ

Ranked #19

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 Cheap Dayton Apartments

What is a cheap apartment in Dayton?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Dayton is under $2,000.

What is the price of a cheap apartment in Dayton?

The cheapest apartment in Dayton is Sheridan Gardens which is listed at $1,600, while the average apartment in Dayton costs $2,500.

What types of apartments are the cheapest in Dayton?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 8 regular apartments in Dayton that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Dayton?

Cheap apartments in Dayton have an average cost of $445 which is $2,055 cheaper than the average rent for all rentals in Dayton.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.