
Cheap Apartments for Rent in the Downtown Newark Neighborhood of Newark, OH from $400 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Newark area of Newark.


51 E North St

403 Maple Ave, Unit D, Unit D

Fairfield Studio Apartments

Colonial Village

420 E Indiana 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.

32 Forry St, Unit B

Mount Vernon Arms

Total Monthly Price
193 Central Ave, Unit 1, Unit 1

73-75 N 9th St

91 N Buena Vista St

Summerhouse Square
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.

Coventry Apartments

Kingswood Court Apartments and Townhomes

Columbia Park Apartments

QC Apartments

Hoover Garden Apartments

518 Maple Ave
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.

390 N Cedar St

425 Mt Vernon Rd

24 Wyoming St

325 Hudson Ave

The Lofts at 4 Park Place

718 Rice St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Heathwood Village

The Apartments at Glenwood
Downtown Newark, Newark, OH Local Guide

How much does it cost to rent an apartment in Downtown Newark?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Newark Studio Apartments | $795 | $795 | $795 |
| Downtown Newark 1 Bedroom Apartments | $987 | $729 | $1,500 |
| Downtown Newark 2 Bedroom Apartments | $1,115 | $632 | $1,750 |
| Downtown Newark 3 Bedroom Apartments | $1,263 | $771 | $1,795 |
Browse Apartments in this Neighborhood
There are currently 26 rentals with your search options within a 2 mile radius of the Downtown Newark Neighborhood of Newark, OH.
See all Apartments in NewarkExplore Newark
Downtown Newark, Newark, OH Local Guide
- Nearby Newark neighborhoods
- Nearby Cities
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- Local Counties
- School Districts
Cheapest Available Downtown Newark Apartments for Rent
 The cheapest available apartment rental in the Downtown Newark area of Newark, OH is a Studio unit found at Fairfield Studio Apartments priced from $795. Colonial Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $845. Here are the most affordable Downtown Newark apartments for rent in Newark, OH:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fairfield Studio Apartments | Studio | Studio,1BA | $795 |
| Colonial Village | 1 Bedroom Apartment | 1BR,1BA | $845 |
| Mount Vernon Arms | 1 Bed Upstairs Apartment | 1BR,1BA | $895 |
| The Lofts at 4 Park Place | 1 Bedroom, 1 Bath | 1BR,1BA | $995 |
| Kingswood Court Apartments and Townhomes | Kingswood Court - 2 Bed 1 Bath - Garden - Renov... | 2BR,1BA | $1,049 |
| LP Flats | 1 Bedroom and 1 Bath | 1BR,1BA | $1,195 |
| 31 N 3rd St | S203 | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in Downtown Newark, OH
As of April 18, 2026 the best value apartment in the Downtown Newark area is the $1.05 price per square foot 1 Bedroom, 1 Bath Model at The Lofts at 4 Park Place in the in the Downtown Newark neighborhood starting from $995. The second greatest value Downtown Newark apartment is the 2 Bed 2 Bath Model at Coventry Apartments starting at $1,300 with a $1.38 price per square foot in the Potters Grove neighborhood. Here is today’s list of the best values for Downtown Newark apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Lofts at 4 Park Place | 1 Bedroom, 1 Bath | 1BR,1BA | $1.05 |
| Coventry Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.38 |
| 46 S 2nd St, Unit A | 46 S 2nd St | 1BR,1BA | $1.67 |
| 537 Huron Dr W | 537 Huron Dr W | 2BR,1BA | $1.67 |
| Kingswood Court Apartments and Townhomes | Kingswood Court - 2 Bed 1 Bath - Garden - Renov... | 2BR,1BA | $1.63 |
| LP Flats | 1 Bedroom and 1 Bath | 1BR,1BA | $1.87 |
| Mount Vernon Arms | 1 Bed Downstairs Apartment | 1BR,1BA | $1.41 |
| Colonial Village | 1 Bedroom Apartment | 1BR,1BA | $1.33 |
| 31 N 3rd St | S203 | 1BR,1BA | $2.00 |
| 28 Western Ave, Unit UPPER | 28 Western Ave | 1BR,1BA | $1.55 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash 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.
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.
Pet Friendly LifestyleDowntown Newark, Newark, OH
Ranked #3
Among cities in Ohio for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Newark, Newark, OH
Ben Franklin Elementary School
School data provided by Great Schools
Frequently Asked Questions about Cheap Downtown Newark Apartments
What is the Cheapest Studio apartment in Downtown Newark?
Currently the most affordable Cheap Studio Apartment in Downtown Newark is at Fairfield Studio Apartments listed at $795.
How much is rent for a Cheap One Bedroom Downtown Newark Apartment?
The lowest price for a Cheap One Bedroom Downtown Newark Apartment is $845 at Colonial Village.
What is the lowest price for a Cheap Two Bedroom Downtown Newark Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Newark is starting from $1,049 at Kingswood Court Apartments and Townhomes.
What is the most affordable Downtown Newark Three Bedroom Apartment?
The best deal on a cheap Downtown Newark Three Bedroom Apartment rental is at Kingswood Court Apartments and Townhomes and starts from $1,299.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.