Cheap Apartments for Rent in Summit, NJ from $1,300 (42 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Beech Spring Village
Studio to 2 Bedroom Apartments

Beech Spring Village

10-33 Beech StSummit, NJ 07901
  • Utilities Included

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.

Read Article

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.

Read Article

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.

Read Article
close
View Me
Millburn Mews
1 Bedroom Apartments

Millburn Mews

56 Mechanic StMillburn, NJ 07041
close
View Me
Carina Court
1 Bedroom Apartments

Carina Court

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

Dayna Commons

295 Millburn AveMillburn, NJ 07041

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.

Read Article
close
View Me
Chatham Arms
Studio to 2 Bedroom Apartments

Chatham Arms

49 S. Passaic AveChatham, NJ 07928
close
View Me
Walker Court
2 Bedroom Apartments

Walker Court

45 Morris AveSpringfield, NJ 07081
property at 206 Main St

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200
Total Monthly Price
$2,200

1 Bedroom, 1 Bath Home for Rent

Available Now

206 Main St

MillburnNJ07041
property at 177 Riveredge Dr

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400
Total Monthly Price
$2,400

1 Bedroom, 1 Bath Home for Rent

Available Now

177 Riveredge Dr

Chatham TownshipNJ07928

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.

Read Article
Showing Results 1-42, Page 1 of 1

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 510 Millburn Avenue Apartments in the Downtown neighborhood priced from $2,075. Short Hills Village Apartment Homes in the Downtown neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,099. Here is today’s list of the most affordable Summit apartments for rent:

Apartment ListingModel NameBed/BathPriced From
510 Millburn Avenue ApartmentsOne Bedroom Junior1BR,1BA$2,075
Short Hills Village Apartment Homes1 Bedroom 1 Bath1BR,1BA$2,099
General Greene Village Apartment HomesOne Bedroom - 634 sqft1BR,1BA$2,132
Murray Hill Apartments2BR/1.0BA2BR,1BA$2,200
Haven New ProvidenceA1R1BR,1BA$2,238
Manley CourtOne Bedroom Dining Room1BR,1BA$2,370
Chatham on Main1BR Standard1BR,1BA$2,400
Floral Gardens$2.39/sq.ft. - Two Bedroom2BR,1BA$2,595
Short Hills Terrace2B02BR,1BA$2,598

Best Value Apartments for Rent in Summit, NJ

As of July 23, 2026 the best value apartment in the Summit area is the $2.76 price per square foot $2.96/sq.ft. - Residence 3A Model at Providence Place in the in the Benders Corner neighborhood starting from $5,100. The second greatest value Summit apartment is the Three Bed Two Bath Model at Summit Hill starting at $3,575 with a $2.45 price per square foot in the Downtown 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$2.96/sq.ft. - Residence 3A3BR,2BA$2.76
Summit HillThree Bed Two Bath3BR,2BA$2.45
Springfield GardensSpruce2BR,3BA$2.56
The Cove at SpringfieldTwo Bedroom2BR,2BA$2.48
Glenside$2.49/sq.ft. - Two Bedroom2BR,2BA$2.55
The Club at Autumn RidgeThe Birch2BR,2BA$2.32
Floral Gardens$2.39/sq.ft. - Two Bedroom2BR,1BA$2.47
Jackson House ApartmentsTwo Bedroom2BR,1BA$2.76
Spring Mill Manor$3.31/sq.ft. - E1BR,1BA$2.74
Short Hills Village Apartment Homes1 Bedroom 1 Bath1BR,1BA$2.47

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 Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Best Local Schools in
Summit, NJ

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Summit, NJ Rentals by Map

Decorative image of map

See the most popular apartments and homes in Summit, NJ

View Map
Summit, NJ Apartments Map
View Map
Summit, NJ Rental Homes Map

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 $1,875 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 Apartments.

What is the most affordable Summit Three Bedroom Apartment?

The best deal on a cheap Summit Three Bedroom Apartment rental is at Summit Hill and starts from $3,575.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

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

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.