Cheap Apartments for Rent in Summit, NJ from $1,600 (47 Rentals)

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

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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.

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property at 390 Morris Ave
$2,200

Total Monthly Price

Base Rent$2,200
Total Monthly Price$2,200
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

390 Morris Ave

SummitNJ07901

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.

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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.

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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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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
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Walker Court
2 Bedroom Apartments

Walker Court

45 Morris AveSpringfield, NJ 07081
property at 49 Caldwell Pl
$2,375 - $4,300
2 To 5 Bedroom Rentals
Available Now

49 Caldwell Pl

SpringfieldNJ07081

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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property at 24B Heritage Dr
$2,600

Total Monthly Price

Base Rent$2,600
Total Monthly Price$2,600
1 Bedroom, 1 Bath Home for Rent
Available Now

24B Heritage Dr

Chatham TownshipNJ07928
Showing Results 1-47, 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 Spring Gardens in the Benders Corner neighborhood priced from $1,700. Short Hills Gardens in the South Mountain neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,975. Here is today’s list of the most affordable Summit apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Spring Gardens1 BD1BR,1BA$1,700
Short Hills Gardens1 Bedroom1BR,1BA$1,975
510 Millburn Avenue ApartmentsOne Bedroom Junior1BR,1BA$2,000
Murray Hill Apartments1BR/1.0BA1BR,1BA$2,000
General Greene Village Apartment HomesOne Bedroom - 634 sqft1BR,1BA$2,098
Short Hills Village Apartment Homes1 Bedroom 1 Bath1BR,1BA$2,199
Haven New ProvidenceA1R1BR,1BA$2,213
Baltusrol ApartmentsOne Bedroom 1BR,1BA$2,370

Best Value Apartments for Rent in Summit, NJ

As of September 07, 2026 the best value apartment in the Summit area is the $2.19 price per square foot 2B3 Model at Short Hills Terrace in the in the Downtown neighborhood starting from $4,291. The second greatest value Summit apartment is the 2x1.5-1641 Model at Berkshire Gardens starting at $3,750 with a $2.29 price per square foot in the South Hills Park Historic District 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.
Short Hills Terrace2B33BR,2.5BA$2.19
Berkshire Gardens2x1.5-16412BR,1.5BA$2.29
Glenside$2.55/sq.ft. - Two Bedroom with Den and Loft2BR,2BA$2.55
Floral Gardens$2.27/sq.ft. - Two Bedroom - Deluxe2BR,1BA$2.27
The Cove at SpringfieldTwo Bedroom2BR,2BA$2.48
2389 Mountain Ave, Unit 12389 Mountain Ave2BR,1BA$1.67
The Club at Autumn RidgeThe Birch2BR,2BA$2.32
Summit HillOne Bed One Bath1BR,1BA$2.64
Short Hills Village Apartment Homes1 Bedroom 1 Bath1BR,1BA$2.59
Spring Gardens1 BD1BR,1BA$2.58

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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

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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 $1,700 at Spring 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 Short Hills Terrace and starts from $4,291.

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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.