Cheap Homes for Rent in Newark, NJ from $800 (155 Rentals)

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property at 264 Old Bergen Rd

264 Old Bergen Rd

Jersey CityNJ07305
property at 22 E 48th St

22 E 48th St

BayonneNJ07002
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Newark, NJ Local Guide

Cheapest Neighborhoods for Apartments in Newark, NJ

Pricing Updated: 07/24/2025

Current apartment rentals in the Newark, NJ area range in price from $700 to $10,193 with an overall median price of $3,258. The three Newark neighborhoods with the lowest median rent pricing are Springfield Belmont at $1,450, Lower Vailsburg at $750, and Upper Irvington at $700. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Newark Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Springfield Belmont$2,150$1,45039
Lower Vailsburg$2,450$75058
Upper Irvington$2,500$70069
Upper Vailsburg$2,500$1,20025
Weequahic$2,550$82555
Lower Roseville$2,575$95038
Lower Clinton Hill$2,595$700391
Fairmount$2,622$1,00078
Dayton Weequahic Park$2,675$82554
Upper Clinton Hill$2,675$85062

Cheapest Available Newark Apartments for Rent

 

The cheapest available apartment rental in Newark, NJ is a 1 Bed unit found at Garden Spires Apartments in the Lower Broadway neighborhood priced from $950. The Twin Oaks in the Ward 2 neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here is today’s list of the most affordable Newark apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Garden Spires Apartments1 Bed, 1 bath1BR,1BA$950
The Twin Oaks0BR/1.0BAStudio,1BA$950
The Residences at Clinton Hill2BR/1BA2BR,1BA$1,157
Senior Horizon2 Bedrooms 1 Bathroom2BR,1BA$1,205
Sheridan GardensStudioStudio,1BA$1,250

Best Value Apartments for Rent in Newark, NJ

As of July 24, 2025 the best value apartment in the Newark area is the $1.15 price per square foot 566 Pennsylvania Ave Model at 566 Pennsylvania Ave, Unit D2 in the in the Westminster neighborhood starting from $3,000. The second greatest value Newark apartment is the 539 Central Ave Model at 539 Central Ave, Unit 1F starting at $3,500 with a $1.40 price per square foot in the Central Business District neighborhood. Here is today’s list of the best values for Newark apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
566 Pennsylvania Ave, Unit D2566 Pennsylvania Ave3BR,2.5BA$1.15
539 Central Ave, Unit 1F539 Central Ave3BR,3BA$1.40
42 Maple Ave, Unit 42 Maple Ave Unit 242 Maple Ave3BR,1BA$1.04
150 Brookdale Ave, Unit 1150 Brookdale Ave3BR,1BA$1.20
Tiffany Manor2 Beds, 1.5 baths2BR,1.5BA$1.10
45 Watson Ave, Unit 345 Watson Ave3BR,1BA$1.21
49 Treacy Ave, Unit 249 Treacy Ave3BR,2BA$1.42
Garden Spires Apartments3 Beds, 1.5 baths3BR,1.5BA$1.26
The Residences at Clinton Hill2BR/1BA2BR,1BA$1.05
53 Park Pl, Unit One room53 Park Pl1BR,0.5BA$1.17

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Frequently Asked Questions about Newark

What type of rentals are currently available in Newark?

There are currently 4232 Apartments for Rent in Newark, NJ with pricing that ranges from $700 to $22,780. There are also 599 Single Family Homes for rent, Condos, and Townhome rentals currently available in Newark ranging from $800 to $5,900.

What is the current price range for Rental Homes in Newark?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Newark ranges from $800 to $5,900 with an average monthly rent of $2,915.

How much are larger Three and Four Bedroom Rentals in Newark?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Newark range from $1,569 to $9,765, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,675 to $5,500. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $2,100.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.