
Cheap Apartments for Rent in Newark, NJ from $500 (306 Rentals)
Search the lowest-cost Apartments available for rent right now in Newark.


148 Delavan Ave

The Residences at Clinton Hill

Garden Spires Apartments

Parkwood Place Apartments

Addison Towers

Forest Hill Terrace

109 Richelieu Terrace

176 Scheerer Ave, Unit 3

21 Wainwright St, Unit 3

2 Beaumont Pl

67 Victoria Ave

205 Roseville Ave, Unit 2

21 Willoughby St

116-118 Chancellor Ave, Unit B25

112 Midland Pl

65 Monticello Ave

Forest Hill Towers

112 Chelsea Ave, Unit Ground Floor

439 Mt Prospect Ave

15 Branch Brook Pl

339 Leslie St

725 Mount Prospect Ave, Unit 3

167 Shephard Ave, Unit B

47 Branch Brook Pl

45 Bloomfield Ave

Hoyt Tower

217-219 Fairmount Ave, Unit 3

55 Hazelwood Ave

50-54-54 Sussex Ave
Newark, NJ Local Guide

How much does it cost to rent an apartment in Newark?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Newark Studio Apartments | $2,231 | $1,200 | $7,127 |
Cheap Newark 1 Bedroom Apartments | $2,493 | $850 | $7,621 |
Cheap Newark 2 Bedroom Apartments | $3,070 | $1,157 | $10,000+ |
Cheap Newark 3 Bedroom Apartments | $2,802 | $1,675 | $10,000+ |
Cheap Newark 4 Bedroom Apartments | $3,114 | $1,000 | $9,470 |
Newark 5 Bedroom Apartments | $6,297 | $3,000 | $10,000+ |
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Newark, NJ Local Guide

- Newark Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Newark, NJ
Pricing Updated: 04/04/2025Current apartment rentals in the Newark, NJ area range in price from $850 to $12,827 with an overall median price of $3,426. The three Newark neighborhoods with the lowest median rent pricing are Lower Vailsburg at $1,350, Ward 3 at $1,300, and Upper Irvington at $1,250. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Newark Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Lower Vailsburg | $2,495 | $1,350 | 44 |
Ward 3 | $2,650 | $1,300 | 106 |
Upper Irvington | $2,700 | $1,250 | 113 |
Ward 4 | $2,750 | $850 | 125 |
Fairmount | $2,750 | $1,300 | 171 |
Upper Vailsburg | $2,787 | $1,250 | 17 |
West Side | $2,800 | $932 | 69 |
Downtown Newark | $2,850 | $1,000 | 112 |
University Heights | $2,989 | $1,000 | 156 |
Forest Hill | $3,000 | $900 | 147 |
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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Residences at Clinton Hill | 1BR/1BA | 1BR,1BA | $932 |
Senior Horizon | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,141 |
Garden Spires Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,209 |
Sheridan Gardens | Studio | Studio,1BA | $1,250 |
Parkwood Place Apartments | Studio | Studio,1BA | $1,250 |
Best Value Apartments for Rent in Newark, NJ
As of April 05, 2025 the best value apartment in the Newark area is the $0.28 price per square foot 237 Peshine Ave Model at 237 Peshine Ave, Unit 2 in the in the Upper Clinton Hill neighborhood starting from $2,800. The second greatest value Newark apartment is the 317 Summer Ave Model at 317 Summer Ave, Unit Floor 1 starting at $2,300 with a $0.92 price per square foot in the Lower Broadway neighborhood. Here is today’s list of the best values for Newark apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
237 Peshine Ave, Unit 2 | 237 Peshine Ave | 4BR,1BA | $0.28 |
317 Summer Ave, Unit Floor 1 | 317 Summer Ave | 3BR,2BA | $0.92 |
467-469 Summer Ave, Unit 2 | 467-469 Summer Ave | 2BR,1BA | $0.82 |
587 Clinton Ave | Apt 2 | 4BR,1BA | $1.18 |
48 Elmwood Ave, Unit 1st floor | 48 Elmwood Ave | 3BR,1BA | $1.21 |
767 Broadway, Unit 1 | 767 Broadway | 3BR,1BA | $1.31 |
96 King St | 96 King St | 1BR,1BA | $1.11 |
Georgian Gardens | Two Bedroom | 2BR,1.5BA | $1.40 |
The Residences at Clinton Hill | 2BR/1BA | 2BR,1BA | $1.05 |
4 Rose Ave, Unit 2 R | 4 Rose Ave | 1BR,1BA | $1.32 |
Quick Rent Budget Calculator
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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
Oliver Street Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Newark, NJ Rentals by Map
See the most popular apartments and homes in Newark, NJ
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 Residences at Clinton Hill which is listed at $932, while the average apartment in Newark costs $3,426.
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 72 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 $127 which is $3,299 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.

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.

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.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.