
Cheap Apartments for Rent in the South Broad Street Neighborhood of Newark, NJ from $700 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Broad Street area of Newark.


84-86 Astor Street

University Court, Inc.

90 South St

114-116 Hawthorne Ave

The Lofts at Lincoln Park

67-69 Lincoln Park

121-125 Elizabeth Ave

168 Clinton Ave

98 Clinton Ave
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1203 Broad St

236 Sherman Ave

195-233 Prince St

62-64 Elizabeth Ave

168 Sherman Ave

667-669 Bishop Chandler Owens Plz

138 South St

1109 Broad St

31 Tichenor St

2 W Kinney 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.

39 Thomas St

496-506 Washington St

Essex Plaza II

57 E Runyon St

161 Chestnut St

167 Hillside Ave

194 Ridgewood Ave

Grace West Manor

Uniq Lofts

** Rooming House **
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.

Montgomery Heights Apartments

26-28 Elizabeth Ave

Lincoln Park Lofts

440 Washington Street Apartments

999 Broad

737 MLK Blvd

437 Mulberry St

Nevada Street Apartments - Senior 62+

1002-1008 Broad St

Spruce Gardens
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.

257 Sherman Ave

778-784 Martin Luther King Jr Blvd

60-70 Crawford St

Stella Garden Apartments

17-19 Lincoln Pky

93 Milford Ave

58-68 Orchard St

Hillside Avenue Apartments

Aspen Stratford Apartments

773-775 Martin Luther King Jr Blvd
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.
South Broad Street, Newark, NJ Local Guide

How much does it cost to rent an apartment in South Broad Street?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Broad Street Studio Apartments | $1,450 | $1,450 | $1,450 |
| South Broad Street 1 Bedroom Apartments | $2,184 | $1,500 | $2,600 |
| South Broad Street 2 Bedroom Apartments | $2,552 | $1,800 | $3,150 |
| South Broad Street 3 Bedroom Apartments | $2,209 | $1,850 | $2,800 |
Browse Apartments in this Neighborhood
There are currently 50 rentals with your search options within a 2 mile radius of the South Broad Street Neighborhood of Newark, NJ.
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South Broad Street, Newark, NJ Local Guide
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Cheapest Available South Broad Street Apartments for Rent
 The cheapest available apartment rental in the South Broad Street area of Newark, NJ is a Studio unit found at Grace West Manor priced from $1,520. High Park Terrace has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,800. Here are the most affordable South Broad Street apartments for rent in Newark, NJ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Grace West Manor | Income-Based Studio | Studio,1BA | $1,520 |
| High Park Terrace | TWO BEDROOM | 2BR,1BA | $1,800 |
| Nova by Gomes | 1BR 1BA | 1BR,1BA | $2,031 |
| Astor by Gomes | 1BR 1BA | 1BR,1BA | $2,150 |
| 84-86 Astor Street | 2BR 1BA | 2BR,1BA | $2,300 |
Best Value Apartments for Rent in South Broad Street, NJ
As of August 17, 2026 the best value apartment in the South Broad Street area is the $2.22 price per square foot 10 Pennsylvania Ave Model at 10 Pennsylvania Ave, Unit 1 in the in the Central Business District neighborhood starting from $2,000. The second greatest value South Broad Street apartment is the 2BR 1BA Model at 84-86 Astor Street starting at $2,300 with a $2.58 price per square foot in the Lower Clinton Hill neighborhood. Here is today’s list of the best values for South Broad Street apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 10 Pennsylvania Ave, Unit 1 | 10 Pennsylvania Ave | 3BR,1BA | $2.22 |
| 84-86 Astor Street | 2BR 1BA | 2BR,1BA | $2.58 |
| Nova by Gomes | 2BR 1BA | 2BR,1BA | $3.10 |
| High Park Terrace | TWO BEDROOM | 2BR,1BA | $2.55 |
| Astor by Gomes | 1BR 1BA | 1BR,1BA | $3.28 |
| Grace West Manor | Income-Based Studio | Studio ,1BA | $2.92 |
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.
Best Local Schools in South Broad Street, Newark, NJ
Malcolm X Shabazz High School
School data provided by Great Schools
Frequently Asked Questions about Cheap South Broad Street Apartments
How much is rent for a Cheap One Bedroom South Broad Street Apartment?
The lowest price for a Cheap One Bedroom South Broad Street Apartment is $1,776 at Grace West Manor.
What is the lowest price for a Cheap Two Bedroom South Broad Street Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in South Broad Street is starting from $1,800 at High Park Terrace.
What is the most affordable South Broad Street Three Bedroom Apartment?
The best deal on a cheap South Broad Street Three Bedroom Apartment rental is at High Park Terrace and starts from $2,150.
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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.