
Cheap Apartments for Rent in the Lower Broadway Neighborhood of Newark, NJ from $800 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lower Broadway area of Newark.


Garden Spires Apartments

96-98 Peabody Pl

115 Oraton St

Parkwood Place Apartments

Addison Towers

Total Monthly Price
261 Ridge St

211 Summer Ave, Unit 14

Forest Hill Towers
Rent According to Income: A Look at Income-Restricted Rentals
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96 Summer Ave

447 N 5th St, Unit 3D

151 Parker St, Unit 7

108 4th Ave, Unit B4

Pavilion Towers

223-225 Mount Prospect Ave

218 Highland Ave

Evelyn Arms

141-143-143 Norfolk St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

330 Mount Prospect Ave

161-163-163 Sussex Ave

289 Orange St

Lantana

117 Hudson St

Forest Hill House

Lobsang Apartments

Stadium Rose Apartments

The Colonnade
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

55 Wilson Ave

177 Bergen Ave, Unit bell pike

Total Monthly Price
310 Ann St, Unit 2

250 Highland Ave, Unit apt 1a

17 Halstead St

Total Monthly Price
175 Wilson Ave, Unit 2

Total Monthly Price
216 William St, Unit 2nd Floor

344 Kearny Ave

Tag Parc Apartments
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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.
Lower Broadway, Newark, NJ Local Guide

How much does it cost to rent an apartment in Lower Broadway?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lower Broadway Studio Apartments | $1,852 | $1,250 | $3,300 |
| Lower Broadway 1 Bedroom Apartments | $2,312 | $950 | $4,100 |
| Lower Broadway 2 Bedroom Apartments | $2,768 | $1,050 | $6,136 |
| Lower Broadway 3 Bedroom Apartments | $2,619 | $1,569 | $3,555 |
| Lower Broadway 4 Bedroom Apartments | $3,225 | $2,800 | $3,900 |
Browse Apartments in this Neighborhood
There are currently 36 rentals with your search options within a 1 mile radius of the Lower Broadway Neighborhood of Newark, NJ.
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Lower Broadway, Newark, NJ Local Guide
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Cheapest Available Lower Broadway Apartments for Rent
 The cheapest available apartment rental in the Lower Broadway area of Newark, NJ is a 1 Bed unit found at Garden Spires Apartments priced from $950. Parkwood Place Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,250. Here are the most affordable Lower Broadway apartments for rent in Newark, NJ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Garden Spires Apartments | 1 Bed, 1 bath | 1BR,1BA | $950 |
| Parkwood Place Apartments | Studio | Studio,1BA | $1,250 |
| Forest Hill Towers | One Bedroom | 1BR,1BA | $1,600 |
| 125-133 Kearny Avenue | Studio Deluxe | Studio,1BA | $1,745 |
| Hoyt Tower | Studio | Studio,1BA | $1,875 |
Best Value Apartments for Rent in Lower Broadway, NJ
As of July 23, 2026 the best value apartment in the Lower Broadway area is the $0.91 price per square foot 203 2nd St Model at 203 2nd St, Unit 203 2nd Street, Newark City, NJ 07107 in the in the Lower Broadway neighborhood starting from $2,400. The second greatest value Lower Broadway apartment is the 35 Woodside Pl Model at 35 Woodside Pl, Unit Second floor starting at $3,200 with a $1.45 price per square foot in the Lower Broadway neighborhood. Here is today’s list of the best values for Lower Broadway apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 203 2nd St, Unit 203 2nd Street, Newark City, NJ 07107 | 203 2nd St | 3BR,1BA | $0.91 |
| 35 Woodside Pl, Unit Second floor | 35 Woodside Pl | 4BR,3BA | $1.45 |
| 525 Harrison Ave, Unit 2F | 525 Harrison Ave | 2BR,1BA | $1.60 |
| 15-21 Oraton St, Unit 2 | 15-21 Oraton St | 3BR,2BA | $1.97 |
| Garden Spires Apartments | 3 Beds, 1.5 baths | 3BR,1.5BA | $1.26 |
| 622 Bergen St, Unit 2nd floor | 622 Bergen St | 2BR,1BA | $1.88 |
| 261 Ridge St | 261 Ridge St | 3BR,1BA | $1.92 |
| 425 Highland Ave, Unit Kearny 2+ Bedrooms, 2nd FL | 425 Highland Ave | 2BR,1BA | $1.67 |
| 130 Ridge St | 130 Ridge St | 3BR,1BA | $1.75 |
| Forest Hill Towers | One Bedroom | 1BR,1BA | $1.78 |
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 ArticleReal 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 ArticleQuick 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.
Pet Friendly LifestyleLower Broadway, Newark, NJ
Ranked #7
Among cities in New Jersey for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Lower Broadway, Newark, NJ
Roberto Clemente Elementary School
Hamilton Intermediate School
School data provided by Great Schools
Lifestyle Ratings
Our team of engineers and researchers compares millions of points of data to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States including Lower Broadway, Newark, and the greater New York City area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, pet-friendly features, features that make it easier to raise kids, proximity to transit, and more. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Lower Broadway Apartments
What is the Cheapest Studio apartment in Lower Broadway?
Currently the most affordable Cheap Studio Apartment in Lower Broadway is at Parkwood Place Apartments listed at $1,250.
How much is rent for a Cheap One Bedroom Lower Broadway Apartment?
The lowest price for a Cheap One Bedroom Lower Broadway Apartment is $950 at Garden Spires Apartments.
What is the lowest price for a Cheap Two Bedroom Lower Broadway Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lower Broadway is starting from $1,050 at Garden Spires Apartments.
What is the most affordable Lower Broadway Three Bedroom Apartment?
The best deal on a cheap Lower Broadway Three Bedroom Apartment rental is at Garden Spires Apartments and starts from $1,569.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.