Cheap Homes for Rent in Newark, NJ from $1,000 (92 Rentals)

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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.

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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.

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property at 38 Marrow St

38 Marrow St

NewarkNJ07103
property at 30 Richmond St

30 Richmond St

NewarkNJ07103
property at 87 Avenue C

87 Avenue C

BayonneNJ07002

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 85 Woodlawn Ave

85 Woodlawn Ave

Jersey CityNJ07305
property at 264 Old Bergen Rd

264 Old Bergen Rd

Jersey CityNJ07305

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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property at 1 Vaughan Dr

1 Vaughan Dr

NewarkNJ07103
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Newark, NJ Local Guide

Cheapest Neighborhoods for Apartments in Newark, NJ

Pricing Updated: 06/15/2025

Current apartment rentals in the Newark, NJ area range in price from $1,000 to $8,500 with an overall median price of $4,401. The three Newark neighborhoods with the lowest median rent pricing are Dayton Weequahic Park at $1,200, Lower Roseville at $2,200, and North Ironbound at $1,000. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Newark Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Dayton Weequahic Park$2,500$1,2007
Lower Roseville$2,575$2,2003
North Ironbound$2,600$1,00014
Upper Roseville$2,600$1,65010
Lower Vailsburg$2,650$1,80020
Upper Clinton Hill$2,897$1,60013
South Broad Street$2,900$1,00010
South Ironbound$2,900$1,00012
Springfield Belmont$2,950$1,15017
West Side$3,000$1,50014

Cheapest Available Newark Apartments for Rent

 

The cheapest available apartment rental in Newark, NJ is a 1 Bed unit found at The Residences at Clinton Hill in the Upper Clinton Hill neighborhood priced from $932. Garden Spires Apartments in the Lower Broadway neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here is today’s list of the most affordable Newark apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Residences at Clinton Hill1BR/1BA1BR,1BA$932
Garden Spires Apartments1 Bed, 1 bath1BR,1BA$950
913-915 Grove St2 Beds2BR,$1,000
Monroe GardenStudio on Watson Ave1BR,1BA$1,145
Heritage EstatesStudio1BR,1BA$1,175
Senior Horizon2 Bedrooms 1 Bathroom2BR,1BA$1,205

Best Value Apartments for Rent in Newark, NJ

As of June 15, 2025 the best value apartment in the Newark area is the $0.74 price per square foot 126 Main St Model at 126 Main St, Unit 2 in the in the North Ironbound neighborhood starting from $2,350. The second greatest value Newark apartment is the 19 Chapman Pl Model at 19 Chapman Pl, Unit 19 Chapman Place starting at $2,600 with a $1.04 price per square foot in the Upper Irvington 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.
126 Main St, Unit 2126 Main St3BR,1BA$0.74
19 Chapman Pl, Unit 19 Chapman Place19 Chapman Pl4BR,2BA$1.04
101 Parker St, Unit 1 st Floor101 Parker St3BR,1BA$0.88
213 Pearsall Ave, Unit 2213 Pearsall Ave3BR,2BA$1.40
102 11th Ave W, Unit 1st floor102 11th Ave W3BR,2BA$1.06
245 Mount Prospect Ave, Unit 1st Floor245 Mount Prospect Ave3BR,1BA$1.38
109 Cummings St, Unit 1109 Cummings St2BR,1BA$1.25
Garden Spires Apartments3 Beds, 1.5 baths3BR,1.5BA$1.26
The Residences at Clinton Hill2BR/1BA2BR,1BA$1.05
165 Winfield Ave, Unit 128 sqft Bedroom165 Winfield Ave2BR,1BA$1.41

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.

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Frequently Asked Questions about Newark

What type of rentals are currently available in Newark?

There are currently 4271 Apartments for Rent in Newark, NJ with pricing that ranges from $775 to $28,470. There are also 544 Single Family Homes for rent, Condos, and Townhome rentals currently available in Newark ranging from $1,000 to $8,500.

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 $1,000 to $8,500 with an average monthly rent of $3,216.

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 $22,650, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $5,700. Four Bedroom Single-Family rentals are also available starting from $2,395 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.

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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.

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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.

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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.

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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.