Cheap Homes for Rent in Newark, NJ from $800 (151 Rentals)

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

property at 117 Hudson St

117 Hudson St

NewarkNJ07103
property at 163 Linden Ave

163 Linden Ave

IrvingtonNJ07111
property at 163 Linden Ave

163 Linden Ave

IrvingtonNJ07111
property at 70 W Grand St

70 W Grand St

ElizabethNJ07202
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Newark, NJ Local Guide

Cheapest Neighborhoods for Apartments in Newark, NJ

Pricing Updated: 09/08/2025

Current apartment rentals in the Newark, NJ area range in price from $900 to $9,023 with an overall median price of $3,345. The three Newark neighborhoods with the lowest median rent pricing are Lower Vailsburg at $1,275, Springfield Belmont at $1,450, and Ward 3 at $1,200. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Newark Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Lower Vailsburg$2,350$1,27559
Springfield Belmont$2,350$1,45034
Ward 3$2,420$1,200154
South Ironbound$2,500$1,45027
Upper Vailsburg$2,500$1,25023
Ward 1$2,552$1,20092
Seventh Avenue$2,600$95052
Ward 2$2,700$1,200164
Lower Broadway$2,700$900125
Lower Roseville$2,700$95034

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. Heritage Estates in the Lower Clinton Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. 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
Heritage EstatesOne Bedroom1BR,1BA$1,150
Sheridan GardensStudioStudio,1BA$1,250
Parkwood Place ApartmentsStudioStudio,1BA$1,250

Best Value Apartments for Rent in Newark, NJ

As of September 08, 2025 the best value apartment in the Newark area is the $0.18 price per square foot 305 Chadwick Ave Model at 305 Chadwick Ave in the in the Upper Clinton Hill neighborhood starting from $1,800. The second greatest value Newark apartment is the 102 W Allen St Model at 102 W Allen St, Unit 1 starting at $2,350 with a $0.24 price per square foot in the Upper Vailsburg 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.
305 Chadwick Ave305 Chadwick Ave3BR,1BA$0.18
102 W Allen St, Unit 1102 W Allen St3BR,1BA$0.24
349 Lyons Ave349 Lyons Ave4BR,1BA$0.25
15 Finlay Pl, Unit 2L15 Finlay Pl3BR,1BA$0.51
104 Gotthardt St, Unit Apt. #4104 Gotthardt St3BR,1BA$0.64
28 Delavan Pl, Unit 228 Delavan Pl3BR,2BA$0.67
1117 Chestnut St, Unit 11117 Chestnut St3BR,2BA$0.95
488 S 18th St, Unit Shared apartment488 S 18th St1BR,1BA$0.52
269 N 10th St269 N 10th St2BR,1BA$1.00
106 N 17th St, Unit Floor 2106 N 17th St2BR,1BA$0.75

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Frequently Asked Questions about Newark

What type of rentals are currently available in Newark?

There are currently 4231 Apartments for Rent in Newark, NJ with pricing that ranges from $850 to $30,000. There are also 557 Single Family Homes for rent, Condos, and Townhome rentals currently available in Newark ranging from $800 to $5,750.

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 $5,750 with an average monthly rent of $3,235.

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 $6,594, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $5,300. Four Bedroom Single-Family rentals are also available starting from $2,250 and Four Bedroom Apartments start at $2,000.

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 Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.