Cheap Apartments for Rent in the South Ironbound Neighborhood of Newark, NJ from $1,200 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Ironbound area of Newark.

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South Ironbound, Newark, NJ Local Guide

How much does it cost to rent an apartment in South Ironbound?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
South Ironbound Studio Apartments | $2,330 | $1,450 | $2,764 |
South Ironbound 1 Bedroom Apartments | $2,623 | $1,250 | $3,775 |
South Ironbound 2 Bedroom Apartments | $3,331 | $1,900 | $4,250 |
South Ironbound 3 Bedroom Apartments | $2,853 | $2,200 | $3,500 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the South Ironbound Neighborhood of Newark, NJ.
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South Ironbound, Newark, NJ Local Guide
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Cheapest Available South Ironbound Apartments for Rent
 The cheapest available apartment rental in the South Ironbound area of Newark, NJ is a 1 Bed unit found at Astor by Gomes priced from $1,950. The Ballantine has the second lowest priced unit, which is a Studio apartment currently listed from $1,995. Here are the most affordable South Ironbound apartments for rent in Newark, NJ:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Astor by Gomes | 1BR 1BA | 1BR,1BA | $1,950 |
The Ballantine | S2.1 | Studio,1BA | $1,995 |
Indigo Residence | Studio | Studio,1BA | $2,100 |
Best Value Apartments for Rent in South Ironbound, NJ
As of June 05, 2025 the best value apartment in the South Ironbound area is the $0.74 price per square foot 126 Main St Model at 126 Main St, Unit 2 in the in the North Ironbound neighborhood starting from $2,350. The second greatest value South Ironbound apartment is the 95 Pennington St Model at 95 Pennington St, Unit 1 starting at $3,500 with a $2.33 price per square foot in the Central Business District neighborhood. Here is today’s list of the best values for South Ironbound apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
126 Main St, Unit 2 | 126 Main St | 3BR,1BA | $0.74 |
95 Pennington St, Unit 1 | 95 Pennington St | 3BR,2BA | $2.33 |
186 Oliver St, Unit 2 | 186 Oliver St | 2BR,2BA | $2.30 |
270 New York Ave, Unit UTILITIES INCLUDED | 270 New York Ave | 2BR,1BA | $2.49 |
88 Pulaski St, Unit 7 | 88 Pulaski St | 2BR,1BA | $2.44 |
100 Pennington St, Unit 6 | 100 Pennington St | 2BR,1BA | $2.63 |
Astor by Gomes | 1BR 1BA | 1BR,1BA | $2.58 |
88 Clinton Ave, Unit 401A | 88 Clinton Ave | 1BR,1BA | $2.69 |
1209 Broad St, Unit 9 | 1209 Broad St | 1BR,1BA | $2.31 |
72 Parkhurst St, Unit 3 | 72 Parkhurst St | 1BR,1BA | $2.50 |
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.
Pet Friendly LifestyleSouth Ironbound, Newark, NJ
Ranked #16
Among neighborhoods in Newark, NJ for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Getting Around the South Ironbound Neighborhood in Newark, NJ
Walk Score®
76 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
51 / 100
Bikeable
Some bike infrastructure
Transit Score®
60 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap South Ironbound Apartments
What is a cheap apartment in South Ironbound?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Ironbound is under $2,100.
What is the price of a cheap apartment in South Ironbound?
The cheapest apartment in South Ironbound is Astor by Gomes which is listed at $1,950, while the average apartment in South Ironbound costs $3,542.
What types of apartments are the cheapest in South Ironbound?
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 5 regular apartments in South Ironbound 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 Ironbound?
Cheap apartments in South Ironbound have an average cost of $113 which is $3,429 cheaper than the average rent for all rentals in South Ironbound.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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