
Cheap Apartments for Rent in the South Broad Street Neighborhood of Newark, NJ from $700 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Broad Street area of Newark.


11 Thomas St, Unit STUDIO

Total Monthly Price
12 Thomas St

60 Crawford St, Unit 8

High Park Terrace

11 Thomas St, Unit 1
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.

70 Crawford St

70 Crawford St, Unit 15

14 Belmont Terrace

71 W Alpine St, Unit 2

133 Elizabeth Ave

Nova by Gomes
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.

Astor by Gomes

115 Ridgewood Ave, Unit 2nd Floor

University Court, Inc.

** Rooming House **

60-70 Crawford St

45-47-47 Vesey St
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.

Montgomery Heights Apartments

255-257-257 New Jersey Railroad Ave

26-28 Elizabeth Ave

Court Tower Apartments

Lincoln Park Lofts

440 Washington Street Apartments
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.

Stella Garden Apartments

Grace West Manor

BLVD 446
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 | $1,583 | $1,250 | $2,050 |
| South Broad Street 1 Bedroom Apartments | $2,150 | $1,450 | $2,750 |
| South Broad Street 2 Bedroom Apartments | $2,408 | $1,695 | $2,750 |
| South Broad Street 3 Bedroom Apartments | $2,372 | $1,850 | $3,000 |
| South Broad Street 4 Bedroom Apartments | $2,659 | $2,500 | $3,200 |
Browse Apartments in this Neighborhood
There are currently 27 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. Nova by Gomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,950. 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 |
| Nova by Gomes | 1BR 1BA | 1BR,1BA | $1,950 |
| Astor by Gomes | 1BR 1BA | 1BR,1BA | $1,975 |
| High Park Terrace | THREE BEDROOM | 3BR,1BA | $2,150 |
| 84-86 Astor Street | 2BR 1BA | 2BR,1BA | $2,200 |
Best Value Apartments for Rent in South Broad Street, NJ
As of July 03, 2026 the best value apartment in the South Broad Street area is the $0.80 price per square foot 72 Sumo Village Ct Model at 72 Sumo Village Ct, Unit Second Floor in the in the Lower Clinton Hill neighborhood starting from $2,400. The second greatest value South Broad Street apartment is the 17 Earl St Model at 17 Earl St, Unit 2 starting at $2,500 with a $2.08 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. |
|---|---|---|---|
| 72 Sumo Village Ct, Unit Second Floor | 72 Sumo Village Ct | 3BR,2BA | $0.80 |
| 17 Earl St, Unit 2 | 17 Earl St | 4BR,1BA | $2.08 |
| High Park Terrace | THREE BEDROOM | 3BR,1BA | $2.14 |
| 115 Ridgewood Ave, Unit 2nd Floor | 115 Ridgewood Ave | 3BR,1BA | $2.00 |
| 84-86 Astor Street | 2BR 1BA | 2BR,1BA | $2.75 |
| Astor by Gomes | 1BR 1BA | 1BR,1BA | $3.02 |
| 12 Thomas St | 12 Thomas St | 1BR,1BA | $2.79 |
| Nova by Gomes | ST 1BA | Studio ,1BA | $3.80 |
| 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
What is a cheap apartment in South Broad Street?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Broad Street is under $2,200.
What is the price of a cheap apartment in South Broad Street?
The cheapest apartment in South Broad Street is Grace West Manor which is listed at $1,776, while the average apartment in South Broad Street costs $2,500.
What types of apartments are the cheapest in South Broad Street?
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 1 regular apartments in South Broad Street that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in South Broad Street?
Cheap apartments in South Broad Street have an average cost of $275 which is $2,225 cheaper than the average rent for all rentals in South Broad Street.
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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.