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Hoyt Tower
50-54 Sussex AveNewark, NJ 07103
Cheap Apartments for Rent in the Downtown Newark Neighborhood of Newark, NJ from $700 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Newark area of Newark.
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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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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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Showing Results 1-11, Page 1 of 1
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 | $2,359 | $1,690 | $3,435 |
| Downtown Newark 1 Bedroom Apartments | $2,775 | $1,700 | $4,735 |
| Downtown Newark 2 Bedroom Apartments | $3,351 | $1,950 | $5,685 |
| Downtown Newark 3 Bedroom Apartments | $3,394 | $2,570 | $3,800 |
| Downtown Newark 4 Bedroom Apartments | $2,840 | $2,840 | $2,840 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Downtown Newark Neighborhood of Newark, NJ.
See all Apartments in NewarkExplore Newark
Downtown Newark, Newark, NJ Local Guide
- Nearby Newark neighborhoods
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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 1 Bed unit found at Clinton Street Lofts priced from $1,750. Teachers Village - 17 William has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,800. Here are the most affordable Downtown Newark apartments for rent in Newark, NJ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Clinton Street Lofts | F Line | 1BR,1BA | $1,750 |
| Teachers Village - 17 William | 1 Jr Bed 1 Bath | 1BR,1BA | $1,800 |
| Water`s Edge | Layout D | Studio,1BA | $1,990 |
| Textile Lofts | Studio With Office | Studio,1BA | $2,000 |
| The William House | Studio 11 | Studio,1BA | $2,050 |
Best Value Apartments for Rent in Downtown Newark, NJ
As of June 12, 2025 the best value apartment in the Downtown Newark area is the $2.09 price per square foot 16 Grant Ave Model at 16 Grant Ave, Unit 1 in the in the Central Business District neighborhood starting from $3,650. The second greatest value Downtown Newark apartment is the 2 Bed 1 Bath / 4 Line Model at 91 Halsey Street starting at $2,350 with a $1.89 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. |
|---|---|---|---|
| 16 Grant Ave, Unit 1 | 16 Grant Ave | 3BR,3BA | $2.09 |
| 91 Halsey Street | 2 Bed 1 Bath / 4 Line | 2BR,1BA | $1.89 |
| 115Bruen | Two Bedroom | 2BR,1BA | $2.09 |
| Hahne and Co. | 1 Bedroom / 1 Bathroom | 1BR,1BA | $2.30 |
| Teachers Village - 17 William | 1 Bed 1 Bath | 1BR,1BA | $2.33 |
| Walker House | 1 Bedroom / 1 Bathroom | 1BR,1BA | $2.52 |
| 5 Elm St, Unit 3 | 5 Elm St | 2BR,1BA | $2.44 |
| 65 Elm St, Unit 3 | 65 Elm St | 1BR,1BA | $2.13 |
| Textile Lofts | Studio With Office | Studio ,1BA | $2.99 |
| Clinton Street Lofts | F Line | 1BR,1BA | $2.73 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleDowntown Newark, Newark, NJ
Ranked #1
Among neighborhoods in Newark, NJ for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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!
Getting Around the Downtown Newark Neighborhood in Newark, NJ
Walk Score®
97 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
64 / 100
Bikeable
Some bike infrastructure
Transit Score®
94 / 100
Rider’s Paradise
World-class public transportation
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Water`s Edge listed at $1,990.
How much is rent for a Cheap One Bedroom Downtown Newark Apartment?
The lowest price for a Cheap One Bedroom Downtown Newark Apartment is $1,750 at Clinton Street Lofts.
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 $2,300 at 115Bruen.
What is the most affordable Downtown Newark Three Bedroom Apartment?
The best deal on a cheap Downtown Newark Three Bedroom Apartment rental is at 162 University Ave and starts from $2,570.
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.
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.
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.
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.
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.