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Cheap Apartments for Rent in the Downtown Newark Neighborhood of Newark, NJ from $700 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Newark area of Newark.
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Showing Results 1-12, Page 1 of 1
Downtown Newark, Newark, NJ Local Guide
How much does it cost to rent an apartment in Downtown Newark?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Newark Studio Apartments | $2,316 | $1,250 | $3,933 |
| Downtown Newark 1 Bedroom Apartments | $2,541 | $1,850 | $3,690 |
| Downtown Newark 2 Bedroom Apartments | $3,162 | $1,900 | $6,174 |
| Downtown Newark 3 Bedroom Apartments | $3,506 | $2,570 | $5,290 |
| Downtown Newark 4 Bedroom Apartments | $2,920 | $2,840 | $3,000 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Downtown Newark Neighborhood of Newark, NJ.
See all Apartments in NewarkExplore Newark
Downtown Newark, Newark, NJ Local Guide
- Nearby Newark neighborhoods
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Cheapest Available Downtown Newark Apartments for Rent
The cheapest available apartment rental in the Downtown Newark area of Newark, NJ is a Studio unit found at Hoyt Tower priced from $1,690. 120 Elm St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,850. Here are the most affordable Downtown Newark apartments for rent in Newark, NJ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hoyt Tower | Studio | Studio,1BA | $1,690 |
| 120 Elm St | 1Bedroom | 1BR,1BA | $1,850 |
| Indigo Residence | Studio | Studio,1BA | $1,900 |
| 115Bruen | One Bedroom | 1BR,1BA | $1,950 |
| Water`s Edge | Layout C | Studio,1BA | $1,965 |
Best Value Apartments for Rent in Downtown Newark, NJ
As of February 27, 2025 the best value apartment in the Downtown Newark area is the $1.88 price per square foot 43 Halsey St Model at 43 Halsey St, Unit 2ND FLR in the in the Central Business District neighborhood starting from $3,000. The second greatest value Downtown Newark apartment is the 2 Bed 1 Bath / 2 Line Model at 91 Halsey Street starting at $2,500 with a $2.01 price per square foot in the Central Business District neighborhood. Here is today’s list of the best values for Downtown Newark apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 43 Halsey St, Unit 2ND FLR | 43 Halsey St | 4BR,2BA | $1.88 |
| 91 Halsey Street | 2 Bed 1 Bath / 2 Line | 2BR,1BA | $2.01 |
| Walker House | 2 Bedroom / 2 Bathroom | 2BR,2BA | $2.48 |
| 111 Mulberry St, Unit 4E | 111 Mulberry St | 2BR,1BA | $2.40 |
| Teachers Village - 17 William | 1 Bed 1 Bath | 1BR,1BA | $2.22 |
| 47 Fulton St, Unit 2 | 47 Fulton St | 1BR,1BA | $2.27 |
| William Flats | Jackson III | 1BR,1BA | $2.70 |
| 115Bruen | One Bedroom | 1BR,1BA | $2.64 |
| 120 Elm St | 1Bedroom | 1BR,1BA | $2.64 |
| 59 Columbia St, Unit 10 | 59 Columbia St | Studio ,1BA | $2.50 |
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Pet Friendly LifestyleDowntown Newark, Newark, NJ
Ranked #5
Among neighborhoods in Newark, NJ for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving.com compares millions of points of data to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Newark. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, kid and pet-friendly communities, availability of transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the Downtown Newark Neighborhood in Newark, NJ
Walk Score®
97 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
64 / 100
Bikeable
Some bike infrastructure
Transit Score®
95 / 100
Rider’s Paradise
World-class public transportation
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 Downtown Newark Apartments
What is the Cheapest Studio apartment in Downtown Newark?
Currently the most affordable Cheap Studio Apartment in Downtown Newark is at Hoyt Tower listed at $1,690.
How much is rent for a Cheap One Bedroom Downtown Newark Apartment?
The lowest price for a Cheap One Bedroom Downtown Newark Apartment is $1,850 at 120 Elm St.
What is the lowest price for a Cheap Two Bedroom Downtown Newark Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Newark is starting from $2,350 at 91 Halsey Street.
What is the most affordable Downtown Newark Three Bedroom Apartment?
The best deal on a cheap Downtown Newark Three Bedroom Apartment rental is at Newark Urby and starts from $3,465.
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.
What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
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.