Cheap Apartments for Rent near Silver Lake, NJ from $1,070 (24 Rentals)

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Search the lowest-cost Apartments available for rent right now in Silver Lake.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Silver Lake, NJ Local Guide

Cheapest Available Silver Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Silver Lake, NJ is a Studio unit found at Parkwood Place Apartments in the Lower Broadway neighborhood priced from $1,250. Forest Hill Terrace in the Forest Hill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,400. Here is today’s list of the most affordable Silver Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parkwood Place ApartmentsStudioStudio,1BA$1,250
Forest Hill TerraceStudioStudio,1BA$1,400
Ashland Assoc.3 Room 1 Bedroom1BR,1BA$1,495
Nyendak Apartments1 Bedroom1BR,1BA$1,500
Forest Hill TowersOne Bedroom1BR,1BA$1,600

Best Value Apartments for Rent in Silver Lake, NJ and Nearby

As of August 22, 2026 the best value apartment in the Silver Lake area is the $1.00 price per square foot Starting at $2,000 Model at Tiffany Manor in the in the Forest Hill neighborhood starting from $2,000. The second greatest value Silver Lake apartment is the 402 C Balcony & NYC View Model at Addison Towers starting at $2,375 with a $1.70 price per square foot in the Lower Broadway neighborhood. Here is today’s list of the best values for Silver Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tiffany ManorStarting at $2,0002BR,1.5BA$1.00
Addison Towers402 C Balcony & NYC View2BR,2BA$1.70
Avalon Bloomfield StationB82BR,2BA$2.65
12 Jersey St2 Bed / 1 Bath2BR,1BA$1.74
Woodside HeightsSkyline Views - 2 Bed 2 Bath2BR,2BA$2.77
Forest Hill TowersOne Bedroom1BR,1BA$1.78
Hill Manor1BR/1.0BA1BR,1BA$2.06
89 Montclair Ave2B, 1BA2BR,1BA$2.75
227 North WalnutA91BR,1BA$2.72
Nyendak Apartments1 Bedroom1BR,1BA$2.14

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.

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Real 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.

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Frequently Asked Questions about Cheap Silver Lake Apartments

What is the Cheapest Studio apartment in Silver Lake?

Currently the most affordable Cheap Studio Apartment in Silver Lake is at Parkwood Place Apartments listed at $1,250.

How much is rent for a Cheap One Bedroom Silver Lake Apartment?

The lowest price for a Cheap One Bedroom Silver Lake Apartment is $1,450 at Parkwood Place Apartments.

What is the lowest price for a Cheap Two Bedroom Silver Lake Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Silver Lake is starting from $1,750 at Parkwood Place Apartments.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.