Cheap Homes for Rent in the Downtown Newark Neighborhood of Newark, NJ from $1,900 (11 Rentals)

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

property at 39 Bruen St

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950
Total Monthly Price
$1,950

1 Bedroom, 1 Bath Condo for Rent

Available Aug 15

39 Bruen St, Unit Bruen Court Condos

39 Bruen St
NewarkNJ07105

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-11, Page 1 of 1

Downtown Newark, Newark, NJ Local Guide

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 Teachers Village - 17 William priced from $1,795. Hoyt Tower has the second lowest priced unit, which is a Studio apartment currently listed from $1,875. Here are the most affordable Downtown Newark apartments for rent in Newark, NJ:

Apartment ListingModel NameBed/BathPriced From
Teachers Village - 17 William1 Jr Bed 1 Bath1BR,1BA$1,795
Hoyt TowerStudioStudio,1BA$1,875
Eleven80A021BR,1BA$1,985
Iron6509Studio,1BA$1,989
The PrimeOne Bedroom1BR,1BA$1,995

Best Value Apartments for Rent in Downtown Newark, NJ

As of July 30, 2026 the best value apartment in the Downtown Newark area is the $1.81 price per square foot 300 Model at 194 Market St in the in the Central Business District neighborhood starting from $2,400. The second greatest value Downtown Newark apartment is the 130 Elm St Model at 130 Elm St, Unit 3 starting at $2,399 with a $1.92 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 ListingModel NameBed/BathPrice Per Sq.Ft.
194 Market St3001BR,1BA$1.81
130 Elm St, Unit 3130 Elm St3BR,1BA$1.92
74 Sussex Ave, Unit 274 Sussex Ave3BR,2BA$2.41
30 Elm St, Unit 230 Elm St3BR,1BA$2.27
64 James St64 James St3BR,1BA$2.55
110 Grant Ave, Unit 1F110 Grant Ave2BR,1BA$2.44
120 Elm St2br 1 bath2BR,1BA$2.89
The PrimeOne Bedroom1BR,1BA$2.66
Eleven80A021BR,1BA$2.65
Teachers Village - 17 William1 Jr Bed 1 Bath1BR,1BA$2.80

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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Pet Friendly Lifestyle
Downtown Newark, Newark, NJ

Ranked #4

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 Downtown Newark

What type of rentals are currently available in Downtown Newark?

There are currently 164 Apartments for Rent in Downtown Newark, NJ with pricing that ranges from $700 to $5,565. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Newark ranging from $1,950 to $4,000.

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 $1,950 to $4,000 with an average monthly rent of $2,615.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.