111 Mulberry St, Unit 8b
111 Mulberry St
NewarkNJ07102
Cheap Homes for Rent in Downtown Newark Neighborhood of Newark, NJ from $2,100 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Newark 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.
46 Ferry St, Unit 3F
46 Ferry St
NewarkNJ07105
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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$2,3001 Bedroom Apartments Available Now
10 Central Ave
10 Central AveNewark, NJ 07102
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Downtown Newark, Newark, NJ Local Guide
How much does it cost to rent a home in Downtown Newark?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Newark 2 Bedroom Homes for Rent | $2,500 | $2,200 | $2,800 |
| Downtown Newark 3 Bedroom Homes for Rent | $2,750 | $2,750 | $2,750 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 3 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
- Nearby Newark neighborhoods
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Best Value Apartments for Rent in Downtown Newark, NJ
As of June 15, 2026 the best value apartment in the Downtown Newark area is the $2.00 price per square foot 130 Elm St Model at 130 Elm St, Unit 3 in the in the Central Business District neighborhood starting from $2,499. The second greatest value Downtown Newark apartment is the 74 Sussex Ave Model at 74 Sussex Ave, Unit 2 starting at $2,899 with a $2.41 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. |
|---|---|---|---|
| 130 Elm St, Unit 3 | 130 Elm St | 3BR,1BA | $2.00 |
| 74 Sussex Ave, Unit 2 | 74 Sussex Ave | 3BR,2BA | $2.41 |
| 34 Grant St, Unit 1 | 34 Grant St | 1BR,1BA | $1.71 |
| 30 Elm St, Unit 2 | 30 Elm St | 3BR,1BA | $2.27 |
| Hahne and Co. | 1 Bedroom / 1 Bathroom | 1BR,1BA | $3.05 |
| 120 Elm St | 2br 1 bath | 2BR,1BA | $2.89 |
| William Flats | Charleston II | 1BR,1BA | $2.99 |
| The Prime | One Bedroom | 1BR,1BA | $2.66 |
| Teachers Village - 17 William | 1 Jr Bed 1 Bath | 1BR,1BA | $2.80 |
| 26-28 Ferry St, Unit 1 | 26-28 Ferry St | 1BR,1BA | $2.83 |
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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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 LifestyleDowntown Newark, Newark, NJ
Ranked #4
Among cities in New Jersey for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Downtown Newark
What type of rentals are currently available in Downtown Newark?
There are currently 158 Apartments for Rent in Downtown Newark, NJ with pricing that ranges from $700 to $5,253. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Newark ranging from $2,150 to $2,800.
What is the current price range for Rental Homes in Downtown Newark?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Newark ranges from $2,150 to $2,800 with an average monthly rent of $2,500.
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
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
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.
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.
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.