
Cheap Apartments for Rent in the South Broad Street Neighborhood of Newark, NJ from $700 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Broad Street area of Newark.


High Park Terrace

342 Irvine Turner Blvd, Unit 1

11 Thomas St, Unit 1

133 Elizabeth Ave

524 Mulberry St
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.

77 Winans Ave

University Court, Inc.

** Rooming House **

60-70 Crawford St

Montgomery Heights Apartments

26-28 Elizabeth Ave
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.

255-257-257 New Jersey Railroad Ave

Court Tower Apartments

Lincoln Park Lofts

440 Washington Street Apartments

Stella Garden Apartments

481 University Ave, Unit 11, Unit 11
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.

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 | $1,650 | $1,250 | $2,050 |
| South Broad Street 1 Bedroom Apartments | $2,255 | $1,500 | $2,750 |
| South Broad Street 2 Bedroom Apartments | $2,611 | $1,800 | $3,000 |
| South Broad Street 3 Bedroom Apartments | $2,374 | $1,950 | $3,000 |
Browse Apartments in this Neighborhood
There are currently 20 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 $2,012. 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 | $2,012 |
| 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 May 19, 2026 the best value apartment in the South Broad Street area is the $2.14 price per square foot THREE BEDROOM Model at High Park Terrace in the in the Central Business District neighborhood starting from $2,150. The second greatest value South Broad Street apartment is the 2BR 1BA Model at 84-86 Astor Street starting at $2,200 with a $2.75 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. |
|---|---|---|---|
| High Park Terrace | THREE BEDROOM | 3BR,1BA | $2.14 |
| 84-86 Astor Street | 2BR 1BA | 2BR,1BA | $2.75 |
| Nova by Gomes | 1BR 1BA | 1BR,1BA | $2.87 |
| 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 $2,200 at 84-86 Astor Street.
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

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.

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.

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.

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.