Cheap Apartments for Rent in Newark, NJ from $500 (332 Rentals)

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property at 372 Grove St

372 Grove St

NewarkNJ07103

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Newark, NJ Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Newark, NJ

Pricing Updated: 04/26/2025

Current apartment rentals in the Newark, NJ area range in price from $700 to $8,621 with an overall median price of $3,505. The three Newark neighborhoods with the lowest median rent pricing are Lower Vailsburg at $1,025, Ward 3 at $1,025, and Ward 5 at $1,136. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Newark Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Lower Vailsburg$2,350$1,02577
Ward 3$2,375$1,025116
Ward 5$2,544$1,136104
Upper Irvington$2,605$700123
Upper Vailsburg$2,662$1,25019
Ward 4$2,750$1,100120
West Side$2,750$93268
Ward 1$2,900$1,13661
Watsessing County Park$2,900$1,13693
Central Business District$2,999$1,000258

Cheapest Available Newark Apartments for Rent

 

The cheapest available apartment rental in Newark, NJ is a 1 Bed unit found at The Avion in the Westminster neighborhood priced from $245. The Residences at Clinton Hill in the Upper Clinton Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $932. Here is today’s list of the most affordable Newark apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The AvionLuxurious One Bedroom1BR,1BA$245
The Residences at Clinton Hill1BR/1BA1BR,1BA$932
The Twin Oaks1BR/1.0BA1BR,1BA$950
Senior Horizon1 Bedroom 1 Bathroom1BR,1BA$1,141
Garden Spires Apartments1 Bed, 1 bath1BR,1BA$1,209
Sheridan GardensStudioStudio,1BA$1,250

Best Value Apartments for Rent in Newark, NJ

As of April 27, 2025 the best value apartment in the Newark area is the $0.55 price per square foot 113 Isabella Ave Model at 113 Isabella Ave, Unit 113 Isabella Ave Unit 2 in the in the Lower Clinton Hill neighborhood starting from $2,200. The second greatest value Newark apartment is the 10 Housman Ct Model at 10 Housman Ct, Unit Floor 1 starting at $2,650 with a $0.98 price per square foot in the Union Center Four Corners 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.
113 Isabella Ave, Unit 113 Isabella Ave Unit 2113 Isabella Ave3BR,1BA$0.55
10 Housman Ct, Unit Floor 110 Housman Ct3BR,1.5BA$0.98
317 Summer Ave, Unit Floor 1317 Summer Ave3BR,2BA$0.88
189 Chapman St, Unit First Unit189 Chapman St3BR,1BA$1.04
48 Elmwood Ave, Unit 2nd floor48 Elmwood Ave3BR,1BA$1.21
86 Hawthorne Ave, Unit 86 Hawthorne Ave, Newark,86 Hawthorne Ave3BR,1BA$1.33
Georgian GardensTwo Bedroom2BR,1.5BA$1.40
The Residences at Clinton Hill2BR/1BA2BR,1BA$1.05
50 Union Ave, Unit 150 Union Ave1BR,1BA$1.40
The Twin Oaks1BR/1.0BA1BR,1BA$1.27

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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.

Best Local Schools in
Newark, NJ

School data provided by Great Schools

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

Explore Newark, NJ Rentals by Map

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See the most popular apartments and homes in Newark, NJ

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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

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Newark Apartments

What is a cheap apartment in Newark?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Newark is under $1,250.

What is the price of a cheap apartment in Newark?

The cheapest apartment in Newark is The Avion which is listed at $245, while the average apartment in Newark costs $3,505.

What types of apartments are the cheapest in Newark?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 74 regular apartments in Newark that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Newark?

Cheap apartments in Newark have an average cost of $133 which is $3,372 cheaper than the average rent for all rentals in Newark.

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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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.