
Cheap Apartments for Rent in the Downtown Newark Neighborhood of Newark, OH from $400 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Newark area of Newark.


1000 N 21st St

1000 N 21st St

Newark Townhomes

Total Monthly Price
95 S 24th St, Unit 1 Bedroom - 95 South 24th Street

51 E North St

518 Maple Ave
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.

47 Spring St

Fairfield Studio Apartments

22 Wyoming St

92 1/2 Penney Ave

20 S Fulton Ave

Colonial Village

109 W National Dr
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.

32 Forry St, Unit B

Summerhouse Square

Mount Vernon Arms

91 N Buena Vista St

92 Penney Ave

73-75 N 9th St

44 N 13th 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.

Columbia Park Apartments

QC Apartments

Hoover Garden Apartments

425 Mt Vernon Rd

185 Monroe St

420 E Indiana St

The Lofts at 4 Park Place
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.

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 | $959 | $700 | $1,300 |
| Downtown Newark 2 Bedroom Apartments | $1,115 | $632 | $1,750 |
| Downtown Newark 3 Bedroom Apartments | $1,182 | $771 | $1,311 |
Browse Apartments in this Neighborhood
There are currently 30 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
- ZIP codes
- 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 |
| 31 N 3rd St | W203 | 1BR,1BA | $1,075 |
| Kingswood Court Apartments and Townhomes | Kingswood Court - 2 Bed 1 Bath - Garden - Renov... | 2BR,1BA | $1,099 |
| 1360 Log Pond Drive, Newark, Ohio 43055 | 1/1 | 1BR,1BA | $1,195 |
| Coventry Apartments | 2 Bed 2 Bath | 2BR,2BA | $1,300 |
Best Value Apartments for Rent in Downtown Newark, OH
As of June 05, 2026 the best value apartment in the Downtown Newark area is the $1.00 price per square foot 19 W Church St Model at 19 W Church St, Unit 17-B in the in the Downtown Newark neighborhood starting from $1,750. 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. |
|---|---|---|---|
| 19 W Church St, Unit 17-B | 19 W Church St | 2BR,2BA | $1.00 |
| Coventry Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.38 |
| 46 S 2nd St, Unit A | 46 S 2nd St | 1BR,1BA | $1.86 |
| 95 S 24th St, Unit 1 Bedroom - 95 South 24th Street | 95 S 24th St | 1BR,1BA | $1.08 |
| Kingswood Court Apartments and Townhomes | Kingswood Court - 2 Bed 1 Bath - Garden - Renov... | 2BR,1BA | $1.71 |
| 1360 Log Pond Drive, Newark, Ohio 43055 | 1/1 | 1BR,1BA | $1.87 |
| Mount Vernon Arms | 1 Bed Upstairs Apartment | 1BR,1BA | $1.41 |
| Colonial Village | 1 Bedroom Apartment | 1BR,1BA | $1.33 |
| 31 N 3rd St | E201 | 1BR,1BA | $2.08 |
| Fairfield Studio Apartments | Studio | Studio ,1BA | $3.88 |
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.
Pet Friendly LifestyleDowntown Newark, Newark, OH
Ranked #3
Among cities in Ohio for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet 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 $1,099 at Kingswood Court Apartments and Townhomes.
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

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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.