Cheap Apartments for Rent in the Downtown Newark Neighborhood of Newark, NJ from $700 (9 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Newark area of Newark.

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96 Union St
1 Bedroom Apartments

96 Union St

96 Union StNewark, NJ 07105
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25 Prospect St
1 to 2 Bedroom Apartments

25 Prospect St

25 Prospect StNewark, NJ 07105
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Court Tower Apartments
Studio to 1 Bedroom Apartments

Court Tower Apartments

1 Court StNewark, NJ 07102
Senior Living
  • Utilities Included
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Building 6
Studio to 3 Bedroom Apartments

Building 6

245 Halsey StNewark, NJ 07102
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Lincoln Park Lofts
1 Bedroom Apartments

Lincoln Park Lofts

39-41 Lincoln ParkNewark, NJ 07102
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Hallmark House
1 to 2 Bedroom Apartments

Hallmark House

10 Hill StNewark, NJ 07102
  • Utilities Included

Downtown Newark, Newark, NJ Local Guide

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 Textile Lofts priced from $1,750. Teachers Village - 17 William has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,795. Here are the most affordable Downtown Newark apartments for rent in Newark, NJ:

Apartment ListingModel NameBed/BathPriced From
Textile LoftsStudio with officeStudio,1BA$1,750
Teachers Village - 17 William1 Jr Bed 1 Bath1BR,1BA$1,795
Indigo ResidenceStudioStudio,1BA$1,950

Best Value Apartments for Rent in Downtown Newark, NJ

As of April 08, 2025 the best value apartment in the Downtown Newark area is the $2.59 price per square foot 144 Washington St Model at 144 Washington St, Unit #A in the in the Central Business District neighborhood starting from $2,850. The second greatest value Downtown Newark apartment is the 2 Bed/2 Bath Model at The William House starting at $2,850 with a $2.74 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 ListingModel NameBed/BathPrice Per Sq.Ft.
144 Washington St, Unit #A144 Washington St3BR,1BA$2.59
The William House2 Bed/2 Bath2BR,2BA$2.74
Hahne and Co.2 Bedroom / 1 Bathroom2BR,1BA$2.92
Clinton Street LoftsA Line2BR,1BA$2.56
Teachers Village - 17 William1 Bed 1 Bath1BR,1BA$2.33
Walker House1 Bedroom / 1 Bathroom1BR,1BA$2.38
25 Cottage St, Unit 225 Cottage St2BR,1BA$2.71
William FlatsJackson1BR,1BA$2.86
5 Elm St, Unit 35 Elm St2BR,1BA$2.44
Textile LoftsStudio with officeStudio ,1BA$2.55

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Pet Friendly Lifestyle
Downtown Newark, Newark, NJ

Ranked #4

Among neighborhoods in Newark, NJ for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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

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 Textile Lofts listed at $1,750.

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

The lowest price for a Cheap One Bedroom Downtown Newark Apartment is $1,795 at Teachers Village - 17 William.

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 Clinton Street Lofts.

What is the most affordable Downtown Newark Three Bedroom Apartment?

The best deal on a cheap Downtown Newark Three Bedroom Apartment rental is at 162 University Ave and starts from $2,570.

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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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.

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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.

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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.