Cheap Apartments for Rent in the North Broadway Neighborhood of Newark, NJ from $900 (29 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the North Broadway area of Newark.

property at 96-98 Peabody Pl

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Home for Rent

Available Now

96-98 Peabody Pl

NewarkNJ07104

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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.

close
View Me
802 Broadway
1 to 2 Bedroom Apartments

802 Broadway

802-812 BroadwayNewark, NJ 07104

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.

close
View Me
Grafton Arms
Studio to 3 Bedroom Apartments

Grafton Arms

76-82 Grafton AveNewark, NJ 07104
  • Utilities Included
close
View Me
17-21 Elwood Pl
1 to 3 Bedroom Apartments

17-21 Elwood Pl

17-21 Elwood PlNewark, NJ 07104
  • Utilities Included
close
View Me
330 Mount Prospect Ave
2 to 3 Bedroom Apartments

330 Mount Prospect Ave

330 Mount Prospect AveNewark, NJ 07104
  • Utilities Included
close
View Me
32-38 Carteret St
1 to 2 Bedroom Apartments

32-38 Carteret St

32-38 Carteret StNewark, NJ 07104
close
View Me
Nyendak Apartments
Studio to 2 Bedroom Apartments

Nyendak Apartments

218 Lincoln AveNewark, NJ 07104
close
View Me
Forest Hill House
Studio to 2 Bedroom Apartments

Forest Hill House

505 Mount Prospect AveNewark, NJ 07104
Senior Living
close
View Me
Lobsang Apartments
Studio to 1 Bedroom Apartments

Lobsang Apartments

161-167 Lincoln AveNewark, NJ 07104

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.

close
View Me
Cherry Park Apartments
1 to 3 Bedroom Apartments

Cherry Park Apartments

144-178 Sylvan AveNewark, NJ 07104
  • Utilities Included
property at 840 Mt Prospect Ave

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

1 Bedroom, 1 Bath Home for Rent

Available Now

840 Mt Prospect Ave

NewarkNJ07104
property at 344 Kearny Ave

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Home for Rent

Available Now

344 Kearny Ave

KearnyNJ07032

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.

North Broadway, Newark, NJ Local Guide

Cheapest Available North Broadway Apartments for Rent

 

The cheapest available apartment rental in the North Broadway area of Newark, NJ is a Studio unit found at Parkwood Place Apartments priced from $1,250. Forest Hill Terrace has the second lowest priced unit, which is a Studio apartment currently listed from $1,450. Here are the most affordable North Broadway apartments for rent in Newark, NJ:

Apartment ListingModel NameBed/BathPriced From
Parkwood Place ApartmentsStudioStudio,1BA$1,250
Forest Hill TerraceStudioStudio,1BA$1,450
Nyendak Apartments1 Bedroom1BR,1BA$1,500
Forest Hill TowersOne Bedroom1BR,1BA$1,600
89 Montclair Ave2B, 1BA2BR,1BA$2,200

Best Value Apartments for Rent in North Broadway, NJ

As of May 25, 2026 the best value apartment in the North Broadway area is the $0.75 price per square foot 44 Elwood Ave Model at 44 Elwood Ave, Unit Clifton rm in the in the Lower Broadway neighborhood starting from $900. The second greatest value North Broadway apartment is the One Bedroom Model at Forest Hill Towers starting at $1,600 with a $1.78 price per square foot in the Lower Broadway neighborhood. Here is today’s list of the best values for North Broadway apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
44 Elwood Ave, Unit Clifton rm44 Elwood Ave2BR,1BA$0.75
Forest Hill TowersOne Bedroom1BR,1BA$1.78
89 Montclair Ave2B, 1BA2BR,1BA$2.75
Nyendak Apartments1 Bedroom1BR,1BA$2.14
Forest Hill TerraceStudioStudio ,1BA$2.90
Parkwood Place ApartmentsStudioStudio ,1BA$2.78

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 Article
Decorative image

Real 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 Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
North Broadway, Newark, NJ

Ranked #11

Among cities in New Jersey for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap North Broadway Apartments

What is a cheap apartment in North Broadway?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in North Broadway is under $2,200.

What is the price of a cheap apartment in North Broadway?

The cheapest apartment in North Broadway is Parkwood Place Apartments which is listed at $1,450, while the average apartment in North Broadway costs $4,000.

What types of apartments are the cheapest in North Broadway?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in North Broadway that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.