Cheap Apartments for Rent in the Greater Newark Neighborhood of Newark, NJ from $600 (248 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Greater 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.

property at 311 Clinton Ave

$1,250 - $1,600

Studio To 1 Bedroom Rentals

Available Now

311 Clinton Ave

NewarkNJ07108
property at 120 S 7th St

$1,300 - $2,300

Studio To 3 Bedroom Rentals

Available Now

120 S 7th St

NewarkNJ07107

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.

Cash 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.

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.

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.

Greater Newark, Newark, NJ Local Guide

Cheapest Available Greater Newark Apartments for Rent

 

The cheapest available apartment rental in the Greater Newark area of Newark, NJ is a 2 Beds unit found at Fairmount Crossing priced from $820. The Residences at Clinton Hill has the second lowest priced unit, which is a 1 Bed apartment currently listed from $932. Here are the most affordable Greater Newark apartments for rent in Newark, NJ:

Apartment ListingModel NameBed/BathPriced From
Fairmount Crossing29.98% AMI2BR,1BA$820
The Residences at Clinton Hill1BR/1BA1BR,1BA$932
Garden Spires Apartments1 Bed, 1 bath1BR,1BA$950
Parkwood Place ApartmentsStudioStudio,1BA$1,250
Heritage EstatesStudioStudio,1BA$1,250

Best Value Apartments for Rent in Greater Newark, NJ

As of June 05, 2026 the best value apartment in the Greater Newark area is the $0.26 price per square foot 37 6th St Model at 37 6th St, Unit 2 in the in the Central Business District neighborhood starting from $2,600. The second greatest value Greater Newark apartment is the 98 S Burnett St Model at 98 S Burnett St, Unit 2 starting at $2,750 with a $0.28 price per square foot in the Ward 2 neighborhood. Here is today’s list of the best values for Greater Newark apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
37 6th St, Unit 237 6th St3BR,1BA$0.26
98 S Burnett St, Unit 298 S Burnett St3BR,2BA$0.28
15 Vernon Ave15 Vernon Ave3BR,1BA$0.27
167 Davis Ave, Unit 2167 Davis Ave1BR,1BA$0.37
69 N 13th St69 N 13th StStudio ,1BA$0.63
29 Parkview Ave, Unit 29 Parkview Avenue29 Parkview Ave3BR,1BA$0.86
24 Grand Ave, Unit 124 Grand Ave3BR,1BA$0.96
46 1/2 3rd St46 1/2 3rd St4BR,2BA$0.95
156 Kearny Ave, Unit Shared Apartment156 Kearny Ave1BR,1BA$0.59
44 Elwood Ave, Unit Clifton rm44 Elwood Ave2BR,1BA$0.75

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.

Read Article
Decorative image

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.

Read Article
Decorative image

Quick Rent Budget Calculator

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Greater Newark, Newark, NJ

Ranked #1

Among cities in New Jersey for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals in metropolitan areas across the United States and customized analysis for Central Newark. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and proximity to parks, transit availability, pet-friendly communities, family-friendly amenities, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Greater Newark Apartments

What is a cheap apartment in Greater Newark?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Greater Newark is under $1,250.

What is the price of a cheap apartment in Greater Newark?

The cheapest apartment in Greater Newark is The Residences at Clinton Hill which is listed at $932, while the average apartment in Greater Newark costs $4,600.

What types of apartments are the cheapest in Greater Newark?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 56 regular apartments in Greater Newark that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Greater Newark?

Cheap apartments in Greater Newark have an average cost of $200 which is $4,400 cheaper than the average rent for all rentals in Greater Newark.

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 Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.