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Cheap Homes for Rent in Downtown Newark Neighborhood of Newark, NJ from $2,100 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Newark area of Newark.
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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.
111 Mulberry St, Unit 8b
111 Mulberry St
NewarkNJ07102
111 Mulberry St, Unit 4C
111 Mulberry St
NewarkNJ07102
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111 Mulberry St
NewarkNJ07102
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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.
111 Mulberry St, Unit 1E
111 Mulberry St
NewarkNJ07102
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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 | $2,420 | $2,150 | $2,800 |
Browse Homes for Rent 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.
Explore Newark
Downtown Newark, Newark, NJ Local Guide
- Nearby Newark neighborhoods
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- Local Counties
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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 Teachers Village - 17 William priced from $1,800. 915 Broad has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,810. Here are the most affordable Downtown Newark apartments for rent in Newark, NJ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Teachers Village - 17 William | 1 Jr Bed 1 Bath | 1BR,1BA | $1,800 |
| 915 Broad | 1 BR | 1BR,1BA | $1,810 |
| Walker House | Studio / 1 Bathroom | Studio,1BA | $1,917 |
| 289-293 Halsey St | One Bedroom | 1BR,1BA | $1,985 |
| Water`s Edge | Layout C | Studio,1BA | $2,005 |
Best Value Apartments for Rent in Downtown Newark, NJ
As of October 15, 2025 the best value apartment in the Downtown Newark area is the $2.04 price per square foot 68 Prospect St Model at 68 Prospect St, Unit 2 in the in the Central Business District neighborhood starting from $2,850. The second greatest value Downtown Newark apartment is the Abbey Model at Halston Flats starting at $2,650 with a $2.57 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. |
|---|---|---|---|
| 68 Prospect St, Unit 2 | 68 Prospect St | 3BR,2BA | $2.04 |
| Halston Flats | Abbey | 2BR,1BA | $2.57 |
| 51 New St, Unit 3 | 51 New St | 3BR,1BA | $2.45 |
| 159 Elm St, Unit 2 | 159 Elm St | 3BR,2BA | $3.10 |
| Teachers Village - 17 William | 1 Bed 1 Bath | 1BR,1BA | $2.33 |
| 289-293 Halsey St | One Bedroom | 1BR,1BA | $2.29 |
| 5 Elm St, Unit 3 | 5 Elm St | 2BR,1BA | $2.44 |
| 915 Broad | 1 BR | 1BR,1BA | $2.48 |
| Hoyt Tower | One Bed/ One Bath | 1BR,1BA | $3.01 |
| 115Bruen | One Bedroom 1 | 1BR,1BA | $2.96 |
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Pet Friendly LifestyleDowntown Newark, Newark, NJ
Ranked #1
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 148 Apartments for Rent in Downtown Newark, NJ with pricing that ranges from $1,350 to $4,545. There are also 16 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 $2,285.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.