
Cheap Homes for Rent in the Downtown Newark Neighborhood of Newark, OH from $300 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Newark area of Newark.


1000 N 21st St

425 Mt Vernon Rd
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.

403 Maple Ave, Unit B

420 E Indiana St

388 E Indiana St
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.

718 Rice St
Downtown Newark, Newark, OH Local Guide

How much does it cost to rent a home in Downtown Newark?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Newark 2 Bedroom Homes for Rent | $1,152 | $1,100 | $1,250 |
| Downtown Newark 3 Bedroom Homes for Rent | $1,524 | $1,200 | $1,950 |
| Downtown Newark 4 Bedroom Homes for Rent | $1,580 | $1,400 | $1,729 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Downtown Newark Neighborhood of Newark, OH.
Explore Newark
Downtown Newark, Newark, OH Local Guide
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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 |
Best Value Apartments for Rent in Downtown Newark, OH
As of July 10, 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 46 S 2nd St Model at 46 S 2nd St, Unit A starting at $1,300 with a $1.44 price per square foot in the Downtown Newark 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 |
| 46 S 2nd St, Unit A | 46 S 2nd St | 1BR,1BA | $1.44 |
| 10 N Park Pl, Unit 3A | 10 N Park Pl | Studio ,1BA | $1.41 |
| Kingswood Court Apartments | Kingswood Court - 2 Bed 1 Bath - Garden - Renov... | 2BR,1BA | $1.63 |
| Mount Vernon Arms | 1 Bed Upstairs Apartment | 1BR,1BA | $1.41 |
| Colonial Village | 1 Bedroom Apartment | 1BR,1BA | $1.33 |
| 31 N 3rd St | E203 | 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 Downtown Newark
What type of rentals are currently available in Downtown Newark?
There are currently 70 Apartments for Rent in Downtown Newark, OH with pricing that ranges from $700 to $1,750. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Newark ranging from $300 to $1,950.
What is the current price range for Rental Homes in Downtown Newark?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Newark ranges from $300 to $1,950 with an average monthly rent of $1,166.
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.