Cheap Apartments for Rent in Summit, NJ from $1,300 (59 Rentals)

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

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.

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Beech Spring Village
Studio to 2 Bedroom Apartments

Beech Spring Village

10-33 Beech StSummit, NJ 07901
  • Utilities Included
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Worthington House
1 to 3 Bedroom Apartments

Worthington House

160-174 Summit AveSummit, NJ 07901
  • Utilities Included

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.

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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.

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property at 34 Main St

$2,450

2 Bedroom Rentals

Available Now

34 Main St

MillburnNJ07041

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.

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Millburn Mews
1 Bedroom Apartments

Millburn Mews

56 Mechanic StMillburn, NJ 07041
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Carina Court
1 Bedroom Apartments

Carina Court

627 S Springfield AveSpringfield, NJ 07081
  • Utilities Included
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Dayna Commons
Studio to 1 Bedroom Apartments

Dayna Commons

295 Millburn AveMillburn, NJ 07041

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-50, Page 1 of 2

Summit, NJ Local Guide

Cheapest Available Summit Apartments for Rent

 

The cheapest available apartment rental in Summit, NJ is a 1 Bed unit found at Short Hills Gardens in the South Mountain neighborhood priced from $1,820. Murray Hill Gardens: Your Perfect Home Awaits! in the Benders Corner neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,000. Here is today’s list of the most affordable Summit apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Short Hills Gardens1 Bedroom Junior1BR,1BA$1,820
Murray Hill Gardens: Your Perfect Home Awaits!1BR/1.0BA1BR,1BA$2,000
General Greene Village Apartment HomesOne Bedroom - 634 sqft1BR,1BA$2,028
Short Hills Village Apartment Homes1 Bedroom 1 Bath1BR,1BA$2,099
Haven New ProvidenceA1R1BR,1BA$2,168
The Club at Autumn RidgeThe Aspen1BR,1BA$2,170
Short Hills Terrace1B11BR,1BA$2,183
Town House ApartmentsOne Bedroom 1 bath1BR,1BA$2,195

Best Value Apartments for Rent in Summit, NJ

As of April 23, 2026 the best value apartment in the Summit area is the $2.78 price per square foot $2.81/sq.ft. - Residence 3B Model at Providence Place in the in the Benders Corner neighborhood starting from $4,850. The second greatest value Summit apartment is the Spruce Model at Springfield Gardens starting at $3,700 with a $2.56 price per square foot in the Wychwood neighborhood. Here is today’s list of the best values for Summit apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Providence Place$2.81/sq.ft. - Residence 3B3BR,2BA$2.78
Springfield GardensSpruce2BR,3BA$2.56
Glenside$2.59/sq.ft. - Two Bedroom with Den2BR,2BA$2.59
Summit HillTwo Bed Two Bath2BR,2BA$2.78
Floral Gardens$2.39/sq.ft. - Two Bedroom2BR,1BA$2.39
Spring Mill Manor$3.31/sq.ft. - E1BR,1BA$2.74
2389 Mountain Ave, Unit 22389 Mountain Ave2BR,1BA$2.47
The Cove at SpringfieldOne Bedroom1BR,1BA$2.58
Short Hills Village Apartment Homes1 Bedroom 1 Bath1BR,1BA$2.47
The Club at Autumn RidgeThe Aspen1BR,1BA$2.73

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.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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Quick 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.

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Summit, NJ

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Frequently Asked Questions about Cheap Summit Apartments

How much is rent for a Cheap One Bedroom Summit Apartment?

The lowest price for a Cheap One Bedroom Summit Apartment is $1,820 at Short Hills Gardens.

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

Today's best deal for a Cheap Two Bedroom Apartment in Summit is starting from $2,200 at Murray Hill Gardens: Your Perfect Home Awaits!.

What is the most affordable Summit Three Bedroom Apartment?

The best deal on a cheap Summit Three Bedroom Apartment rental is at Lakeside at Briant Park and starts from $3,495.

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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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.

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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.

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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.

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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.