Cheap Apartments for Rent in Newark, NJ from $500 (243 Rentals)

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161 Sunset Ave
$1,2001 Bedroom, 1 Bath RentalsAvailable Now

161 Sunset Ave

Newark, NJ 07106
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Golden Brick
Studio Apartments

Golden Brick

391-401 13th AveNewark, NJ 07103
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595 Elizabeth Ave
Studio Apartments

595 Elizabeth Ave

595 Elizabeth AveNewark, NJ 07112
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305 Osborne Ter
1 Bedroom Apartments

305 Osborne Ter

305 Osborne TerNewark, NJ 07112
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Pavilion Towers
Studio to 2 Bedroom Apartments

Pavilion Towers

108 Dr Martin Luther King Jr BlvdNewark, NJ 07104
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129 Chancellor Ave
1 Bedroom Apartments

129 Chancellor Ave

129 Chancellor AveNewark, NJ 07112
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** Rooming House **
1 Bedroom Apartments

** Rooming House **

471 Washington StNewark, NJ 07102
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103 Chancellor
Studio Apartments

103 Chancellor

103 Chancellor AveNewark, NJ 07112
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96 Union St
1 Bedroom Apartments

96 Union St

96 Union StNewark, NJ 07105
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Nyendak Apartments
Studio to 2 Bedroom Apartments

Nyendak Apartments

218 Lincoln AveNewark, NJ 07104
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Grafton Arms
Studio to 3 Bedroom Apartments

Grafton Arms

76-82 Grafton AveNewark, NJ 07104
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Evelyn Arms
Studio to 1 Bedroom Apartments

Evelyn Arms

357 Lake StNewark, NJ 07104
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17-21 Elwood Pl
1 Bedroom Apartments

17-21 Elwood Pl

17-21 Elwood PlNewark, NJ 07104
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218 Highland Ave
1 to 3 Bedroom Apartments

218 Highland Ave

218 Highland AveNewark, NJ 07104
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Wainwright Street Arms
1 to 2 Bedroom Apartments

Wainwright Street Arms

214-218 Wainwright StNewark, NJ 07112
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Newark, NJ Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Newark, NJ

Pricing Updated: 02/21/2025

Current apartment rentals in the Newark, NJ area range in price from $850 to $12,506 with an overall median price of $3,485. The three Newark neighborhoods with the lowest median rent pricing are Ward 3 at $1,100, Lower Vailsburg at $1,100, and Upper Vailsburg at $1,550. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Newark Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Ward 3$2,400$1,1001598
Lower Vailsburg$2,400$1,100637
Upper Vailsburg$2,600$1,550239
Upper Clinton Hill$2,800$8502891
Lower Broadway$2,825$9501659
Fairmount$2,850$1,1363270
West Side$2,850$1,245399
Ward 2$2,900$1,1362030
Forest Hill$2,940$9503318
Upper Irvington$3,000$1,3002335

Cheapest Available Newark Apartments for Rent

 

The cheapest available apartment rental in Newark, NJ is a 1 Bed unit found at The Residences at Clinton Hill in the Upper Clinton Hill neighborhood priced from $932. Senior Horizon in the Bergen Point neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,141. Here is today’s list of the most affordable Newark apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Residences at Clinton Hill1BR/1BA1BR,1BA$932
Senior Horizon4061BR,1BA$1,141
Garden Spires Apartments1 Bed, 1 bath1BR,1BA$1,209
Sheridan GardensStudioStudio,1BA$1,250
Riley Realty, LLC0BR/1.0BAStudio,1BA$1,250
Parkwood Place ApartmentsStudioStudio,1BA$1,250

Best Value Apartments for Rent in Newark, NJ

As of February 22, 2025 the best value apartment in the Newark area is the $0.22 price per square foot 611 4th St Model at 611 4th St, Unit 2 in the in the Lower Broadway neighborhood starting from $2,200. The second greatest value Newark apartment is the 555-557 Sanford Ave Model at 555-557 Sanford Ave, Unit 555-557 starting at $2,600 with a $0.54 price per square foot in the Upper Vailsburg neighborhood. Here is today’s list of the best values for Newark apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
611 4th St, Unit 2611 4th St2BR,1BA$0.22
555-557 Sanford Ave, Unit 555-557555-557 Sanford Ave3BR,1BA$0.54
613 S Park St, Unit 2nd Floor613 S Park St3BR,2BA$1.06
291 Tremont Ave, Unit 2nd floor291 Tremont Ave3BR,1BA$0.92
235 16th Ave, Unit 1235 16th Ave3BR,2.5BA$1.42
200 Glenwood Ave, Unit 1200 Glenwood Ave2BR,1BA$1.16
Georgian GardensTwo Bedroom2BR,1.5BA$1.40
50 Union Ave, Unit 150 Union Ave1BR,1BA$1.40
The Residences at Clinton Hill2BR/1BA2BR,1BA$1.05
Riley Realty, LLC0BR/1.0BAStudio ,1BA$1.39

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Newark Overview

Located just eight miles from the excitement of New York City, apartments in Newark have been beckoning east coast residents for decades. Offering a compelling mix of convenience, big city amenities and a solid and ever-growing job market base, this working class New Jersey destination might just be the place you are looking for to call home.

Why live in Newark, NJ?

One of the most dynamic cities in all of New Jersey, rentals in Newark have much to offer. From nightlife to a flourishing job market, this east coast hot spot is a winning combination of industry, public parks and world-class shopping. Families will undoubtedly love the wide range of school options, and the local infrastructure makes travel a breeze. With the Big Apple just a short commute away, Newark apartments make an ideal settlement for many traveling New Yorkers as well.

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

Explore Newark, NJ Rentals by Map

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Getting Around Newark, NJ

Walk Score®

80 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

54 / 100

Bikeable

Some bike infrastructure

Transit Score®

69 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Newark Apartments

What is the Cheapest Studio apartment in Newark?

Currently the most affordable Cheap Studio Apartment in Newark is at Sheridan Gardens listed at $1,250.

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

The lowest price for a Cheap One Bedroom Newark Apartment is $932 at The Residences at Clinton Hill.

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

Today's best deal for a Cheap Two Bedroom Apartment in Newark is starting from $1,157 at The Residences at Clinton Hill.

What is the most affordable Newark Three Bedroom Apartment?

The best deal on a cheap Newark Three Bedroom Apartment rental is at Garden Spires Apartments and starts from $1,675.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

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Signing Your Apartment Lease: The Basics

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