Cheap Homes for Rent in Newark, NJ from $700 (101 Rentals)

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

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.

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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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property at 60 Parkway Dr

$1,300

Studio Rentals

Available Feb 1

60 Parkway Dr

East OrangeNJ07017

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 74 W 7th St

$1,600

1 Bedroom, 1 Bath Condo for Rent

Available Now

74 W 7th St

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 1 Cornerstone Ln

$1,200 - $1,650

Studio To 1 Bedroom Rentals

Available Now

1 Cornerstone Ln

NewarkNJ07103
property at 788 Avenue A

$1,650

1 Bedroom, 1 Bath Home for Rent

Available Now

788 Avenue A

BayonneNJ07002

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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Newark, NJ Local Guide

Cheapest Neighborhoods for Apartments in Newark, NJ

Pricing Updated: 01/26/2026

Current apartment rentals in the Newark, NJ area range in price from $900 to $12,000 with an overall median price of $4,846. The three Newark neighborhoods with the lowest median rent pricing are Seventh Avenue at $1,800, Upper Clinton Hill at $1,750, and Mount Pleasant Lower Broad at $1,600. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Newark Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Seventh Avenue$2,300$1,8006
Upper Clinton Hill$2,300$1,75024
Mount Pleasant Lower Broad$2,600$1,6007
North Ironbound$2,850$2,0007
Central Business District$2,900$1,00026
Lower Vailsburg$2,999$1,00036
South Broad Street$3,000$1,9007
Springfield Belmont$3,100$1,2007
Upper Roseville$3,100$1,5508
South Ironbound$3,137$2,9751

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
Senior Horizon2 Bedrooms 1 Bathroom2BR,1BA$1,205
296 South Harrison1 Bed 1 Bath1BR,1BA$1,249
Heritage EstatesStudioStudio,1BA$1,250

Best Value Apartments for Rent in Newark, NJ

As of January 26, 2026 the best value apartment in the Newark area is the $0.25 price per square foot 349 Lyons Ave Model at 349 Lyons Ave in the in the Livingston neighborhood starting from $2,500. The second greatest value Newark apartment is the 1117 Chestnut St Model at 1117 Chestnut St, Unit 1 starting at $2,800 with a $0.92 price per square foot in the Downtown Elizabeth 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.
349 Lyons Ave349 Lyons Ave4BR,1BA$0.25
1117 Chestnut St, Unit 11117 Chestnut St3BR,2BA$0.92
71 Hartford St, Unit Apt 271 Hartford St3BR,2BA$0.86
613 S Park St, Unit 2nd Floor613 S Park St3BR,2BA$0.93
421 Halsted St, Unit 1421 Halsted St2BR,1BA$0.90
160 N 16th St, Unit 2nd floor160 N 16th St2BR,2BA$0.88
1010 Kilsyth Rd1010 Kilsyth Rd2BR,1BA$0.93
Tiffany Manor2 Beds, 1.5 baths2BR,1.5BA$1.10
408 14th Ave, Unit 2408 14th Ave3BR,1BA$1.18
The Residences at Clinton Hill2BR/1BA2BR,1BA$1.05

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Newark, NJ Rentals by Map

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Newark, NJ Area Reviews

    Jamela • 1+ years in Newark

    August 30, 2025

    Hello. Looking. For. A. Studio. That. Is. Spacious.

    Frequently Asked Questions about Newark

    What type of rentals are currently available in Newark?

    There are currently 4449 Apartments for Rent in Newark, NJ with pricing that ranges from $800 to $11,834. There are also 527 Single Family Homes for rent, Condos, and Townhome rentals currently available in Newark ranging from $700 to $12,000.

    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 $700 to $12,000 with an average monthly rent of $4,087.

    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 $1,200 to $4,890, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $5,500. Four Bedroom Single-Family rentals are also available starting from $700 and Four Bedroom Apartments start at $800.

    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 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

    18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

    Written by: Lauren Harrington

    Renting your next home can feel thrilling and overwhelming at the same time.

    decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

    A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

    Written by: Bob Mallory

    Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

    decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

    Renting with Roommates: Realistic Expectations for Shared Lease

    Written by: Christine Leonard, Esq.

    Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

    decorative image for Apartment Common Area Rules: What Renters Need to Know article

    Apartment Common Area Rules: What Renters Need to Know

    Written by: Christine Leonard, Esq.

    Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.