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$1,675 - $1,700Studio Apartments Available Now
186 Market St
186 Market StNewark, NJ 07102
Cheap Apartments for Rent in the Downtown Newark Neighborhood of Newark, NJ from $700 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Newark area of Newark.
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1 to 3 Bedroom Apartments
University Court, Inc.
419 Washington StNewark, NJ 07102
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Studio to 1 Bedroom Apartments
96 Union St
96 Union StNewark, NJ 07105
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1 to 2 Bedroom Apartments
25 Prospect St
25 Prospect StNewark, NJ 07105
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Studio to 1 Bedroom Apartments
Court Tower Apartments
1 Court StNewark, NJ 07102
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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Studio to 3 Bedroom Apartments
Building 6
245 Halsey StNewark, NJ 07102
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1 to 2 Bedroom Apartments
Lincoln Park Lofts
39-41 Lincoln ParkNewark, NJ 07102
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1 to 3 Bedroom Apartments
440 Washington Street Apartments
440 Washington StNewark, NJ 07102
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Studio to 2 Bedroom Apartments
Hallmark House
10 Hill StNewark, NJ 07102
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1 Bedroom Apartments
23 Fulton Street
23 Fulton StNewark, NJ 07102
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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Downtown Newark, Newark, NJ Local Guide
How much does it cost to rent an apartment in Downtown Newark?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Newark Studio Apartments | $2,145 | $1,675 | $2,764 |
| Downtown Newark 1 Bedroom Apartments | $2,444 | $1,800 | $3,600 |
| Downtown Newark 2 Bedroom Apartments | $3,035 | $2,000 | $4,592 |
| Downtown Newark 3 Bedroom Apartments | $2,747 | $2,550 | $3,200 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Downtown Newark Neighborhood of Newark, NJ.
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Downtown Newark, Newark, NJ Local Guide
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Cheapest Available Downtown Newark Apartments for Rent
The cheapest available apartment rental in the Downtown Newark area of Newark, NJ is a Studio unit found at 186 Market St priced from $1,675. Walker House has the second lowest priced unit, which is a Studio apartment currently listed from $1,764. Here are the most affordable Downtown Newark apartments for rent in Newark, NJ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 186 Market St | 202 | Studio,1BA | $1,675 |
| Walker House | Studio / 1 Bathroom | Studio,1BA | $1,764 |
| Teachers Village - 17 William | 1 Jr Bed 1 Bath | 1BR,1BA | $1,800 |
Best Value Apartments for Rent in Downtown Newark, NJ
As of January 22, 2026 the best value apartment in the Downtown Newark area is the $2.76 price per square foot Layout W Model at Water`s Edge in the in the Central Business District neighborhood starting from $2,975. The second greatest value Downtown Newark apartment is the 130 Elm St Model at 130 Elm St, Unit 2 starting at $2,199 with a $2.20 price per square foot in the Central Business District neighborhood. Here is today’s list of the best values for Downtown Newark apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Water`s Edge | Layout W | 2BR,2BA | $2.76 |
| 130 Elm St, Unit 2 | 130 Elm St | 2BR,1BA | $2.20 |
| Teachers Village - 17 William | 1 Bed 1 Bath | 1BR,1BA | $2.33 |
| Clinton Street Lofts | D Line | 2BR,1BA | $2.64 |
| 289-293 Halsey St | One Bedroom | 1BR,1BA | $2.30 |
| Hahne and Co. | 2 Bedroom / 1 Bathroom | 2BR,1BA | $3.15 |
| 110 Elm St, Unit 1 | 110 Elm St | 3BR,1BA | $3.25 |
| Walker House | Studio w/ HO / 1 Bathroom | Studio ,1BA | $2.67 |
| Textile Lofts | Studio W/Den | Studio ,1BA | $2.82 |
| Eleven80 | S01 | Studio ,1BA | $3.43 |
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.
Read ArticleCash 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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Lifestyle Ratings
ApartmentHomeLiving.com compares millions of points of data to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Newark. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, kid and pet-friendly communities, availability of transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Downtown Newark Apartments
What is the Cheapest Studio apartment in Downtown Newark?
Currently the most affordable Cheap Studio Apartment in Downtown Newark is at 186 Market St listed at $1,675.
How much is rent for a Cheap One Bedroom Downtown Newark Apartment?
The lowest price for a Cheap One Bedroom Downtown Newark Apartment is $1,800 at Teachers Village - 17 William.
What is the lowest price for a Cheap Two Bedroom Downtown Newark Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Newark is starting from $2,250 at Clinton Street Lofts.
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
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.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.