
Cheap Apartments for Rent near Silver Lake, NJ from $1,070 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in Silver Lake.


Parkwood Place Apartments

Addison Towers

Ashland Assoc.

Forest Hill Terrace

Nyendak Apartments

Forest Hill Towers

Forest Hill Apartments
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Hill Manor

SilverLake

The Woodlands

Brighton Court Apartments

55 Monroe Place Apartments

Glenwood Gardens Apartments

Summer Avenue Apartments

12 Jersey St
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.

638 N 5th St

191 Bloomfield Ave

197 Jerome Pl

782-786-786 Mt Prospect Ave

359 N 12th St

19 Van Rensselear St

59 Brighton Ave
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

How much does it cost to rent an apartment in Silver Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Silver Lake Studio Apartments | $1,722 | $1,250 | $2,645 |
| Silver Lake 1 Bedroom Apartments | $2,178 | $1,070 | $3,550 |
| Silver Lake 2 Bedroom Apartments | $2,688 | $1,395 | $3,849 |
| Silver Lake 3 Bedroom Apartments | $2,675 | $2,600 | $2,750 |
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Silver Lake, NJ Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parkwood Place Apartments | Studio | Studio,1BA | $1,250 |
| Forest Hill Terrace | Studio | Studio,1BA | $1,400 |
| Ashland Assoc. | 3 Room 1 Bedroom | 1BR,1BA | $1,495 |
| Nyendak Apartments | 1 Bedroom | 1BR,1BA | $1,500 |
| Forest Hill Towers | One Bedroom | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Tiffany Manor | Starting at $2,000 | 2BR,1.5BA | $1.00 |
| Addison Towers | 402 C Balcony & NYC View | 2BR,2BA | $1.70 |
| Avalon Bloomfield Station | B8 | 2BR,2BA | $2.65 |
| 12 Jersey St | 2 Bed / 1 Bath | 2BR,1BA | $1.74 |
| Woodside Heights | Skyline Views - 2 Bed 2 Bath | 2BR,2BA | $2.77 |
| Forest Hill Towers | One Bedroom | 1BR,1BA | $1.78 |
| Hill Manor | 1BR/1.0BA | 1BR,1BA | $2.06 |
| 89 Montclair Ave | 2B, 1BA | 2BR,1BA | $2.75 |
| 227 North Walnut | A9 | 1BR,1BA | $2.72 |
| Nyendak Apartments | 1 Bedroom | 1BR,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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Silver Lake, NJ Rentals by Map
See the most popular apartments and homes in Silver Lake, NJ
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

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.

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.

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.

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.
