
Top Rated Cheap Apartments for Rent in Newark, NJ from $500 (26 Rentals)
Apartments in Newark with the best features, newest construction, and richest amenities.
Search the lowest-cost Apartments available for rent right now in Newark.


Hoyt Tower

Indigo 141: NEW Boutique Collection of Units

Village Apartments of the Jewish Federation
Newark, NJ Local Guide

How much does it cost to rent an apartment in Newark?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Newark Studio Apartments | $2,209 | $1,100 | $6,429 |
Newark 1 Bedroom Apartments | $2,502 | $850 | $7,621 |
Newark 2 Bedroom Apartments | $3,057 | $1,157 | $10,000+ |
Newark 3 Bedroom Apartments | $2,790 | $1,100 | $10,000+ |
Newark 4 Bedroom Apartments | $3,092 | $2,200 | $8,460 |
Newark 5 Bedroom Apartments | $6,897 | $3,200 | $10,000+ |
Explore Newark
Newark, NJ Local Guide
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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.
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 $3,489.
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 920 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 $142 which is $3,347 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.

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.

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.

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.

Signing Your Apartment Lease: The Basics
Written by: Trey Huguley
When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.