Cheap Apartments for Rent in Downtown Newark
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Rent Special2 BEDS$783 -
1 BED$900** Rooming House **
471 Washington St, Newark, NJ 07102 -
Total Monthly Price Total Monthly Price New1 BED, 1 BATH$1,500Base Rent$1,500Required Monthly FeesNoneTotal Monthly Price$1,500481 University Ave Unit 11
481 University Ave, Newark, NJ 07102 -
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Exceptional Value1 BED$1,800+2 BEDS$2,395+
Teachers Village - 17 William
17 William St, Newark, NJ 07102 -
Total Monthly Price Total Monthly Price New1 BED, 1 BATH$1,800Base Rent$1,800Required Monthly FeesNoneTotal Monthly Price$1,80026-28 Ferry St Unit 1
26-28 Ferry St, Newark, NJ 07105 -
Good Value -
Rent SpecialSTUDIO$1,976+1 BED$2,320+2 BEDS$3,264+
Vermella Broad Street
349-377 Broad St, Newark, NJ 07104 -
2 BEDS$1,98081 Halsey Street
81 Halsey St, Newark, NJ 07102 -
Exceptional Value
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1 BED$1,999115Bruen Unit 310
115 Bruen St, Newark, NJ 07105 -
Good ValueSTUDIO$2,063+1 BED$2,375+2 BEDS$3,050+
Walker House
540 Broad St, Newark, NJ 07102 -
2 Months Free|
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Good ValueSTUDIO$2,095+1 BED$2,510+2 BEDS$3,660+The Eddy
555 First St, Harrison, NJ 07029 -
STUDIO$2,123+1 BED$2,550+2 BEDS$2,999+Iron65
65 McWhorter St, Newark, NJ 07105 -
STUDIO$2,145+1 BED$2,510+2 BEDS$3,590+Dey & Bergen
1 Bergen St, Harrison, NJ 07029 -
Total Monthly Price Total Monthly Price New1 BED, 1 BATH$2,150Base Rent$2,150Required Monthly FeesNoneTotal Monthly Price$2,150111 Mulberry St Unit 8b
111 Mulberry St, Newark, NJ 07102 -
1 Month FreeSTUDIO$2,165+1 BED$2,395+2 BEDS$3,025+Water`s Edge
301 Dey St, Harrison, NJ 07029 -
Price Drop. $286 OffSTUDIO$2,215+1 BED$2,192+2 BEDS$2,875+Newark Urby
155 Washington St, Newark, NJ 07102 -
1 Month Free
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Good Value|
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2 BEDS$2,250Clinton Street Lofts
11-15 Clinton St, Newark, NJ 07102 -
1 BED, 1.5 BATHS$2,29045 Halsey St
45 Halsey St, Newark, NJ 07102 -
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STUDIO$2,366+1 BED$2,549+2 BEDS$3,582+
PARQ 930
930 McCarter Highway, Newark, NJ 07102 -
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1 BED, 1 BATH$2,400116 Washington St Unit 3D
116 Washington St, Newark, NJ 07102 -
1 Month Free|Total Monthly Price Total Monthly Price NewSTUDIO$2,508+1 BED$2,817+2 BEDS$2,985+Base Rent$2,433 - $5,232Required Monthly Fees$75Utilities & EssentialsVariesTotal Monthly Price$2,508 - $4,574
One Theater Square
2 Center St, Newark, NJ 07102 -
Good Value -
1 BED$2,465+2 BEDS$3,335+One Harrison
1 Harrison Ave, Harrison, NJ 07029 -
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Rent Special2 BEDS$2,50035 Edison Place
35-37 Edison Pl, Newark, NJ 07102 -
3 BEDS$2,570162 University Ave
162 University Ave, Newark, NJ 07102 -
Total Monthly Price Total Monthly Price New2 BEDS, 1 BATH$2,650Base Rent$2,650Required Monthly FeesNoneTotal Monthly Price$2,65058-60 Elm Street Unit 601
58-60-60 Elm St, Newark, NJ 07105 -
2 BEDS$2,65091 Halsey Street
89-91 Halsey St, Newark, NJ 07102 -
Good Value
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Total Monthly Price Total Monthly Price New2 BEDS, 2.5 BATHS$2,800Base Rent$2,800Required Monthly FeesNoneTotal Monthly Price$2,800201 Dey St Unit #175
201 Dey St, Harrison, NJ 07029 -
2 BEDS, 2.5 BATHS$3,000121 Arlington St
121 Arlington St, Newark, NJ 07102
Newark at a Glance
Cheap Apartments in Downtown Newark Neighborhood in Newark, NJ
When looking for cheap apartments in Downtown Newark, Apartment Finder is your deal-hunting partner. Whether you’re looking for a studio, a one-bedroom, or a two-bedroom apartment, you want the best place at the right price. We have a great selection of budget-friendly apartments for rent, and we’ll show you which apartments offer the best value when compared to other apartments in Downtown Newark.
Finding a rental that fits your budget without compromising on quality can seem like a challenge, but Apartment Finder makes it easy to discover cheap apartments with all the features you want. To find an apartment you can afford, try looking in less popular neighborhoods outside of the city center. Timing is everything when searching for rentals that are affordable, so look at different times of the day, different days of the week and (if you can wait) certain months like December through March. When you find an apartment with a great price, don’t hesitate! Cheap apartments tend to go very quickly.
Affordability doens't have to equal sacrifice. While it’s important to be flexible, you might not have to give up as much as you think. You can find a cheap apartment for rent, complete with must-have amenities such as paid utilities and an in-unit washer and dryer. Click on any of these properties to see photos and floor plans, read reviews, check out the rent calculator, and learn more about the neighborhood with information on nearby parks, shopping malls, and transit stops. With 45 cheap apartments available in Downtown Newark, Apartment Finder is the place to find your next rental.
Top Budget-Friendly Neighborhoods in Newark
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- West Side 714 Sq Ft $1,341/mo
- North Broadway 829 Sq Ft $1,596/mo
- Forest Hill 825 Sq Ft $1,660/mo
- Fairmount 732 Sq Ft $1,816/mo
- Springfield-Belmont 672 Sq Ft $1,977/mo
- South Broad Street 662 Sq Ft $2,219/mo
- South Ironbound 696 Sq Ft $2,337/mo
- Greater Newark 707 Sq Ft $2,441/mo
- University Heights 666 Sq Ft $2,458/mo
- Downtown Newark 708 Sq Ft $2,616/mo
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Data provided by GreatSchools.org 2025 © 2025. All rights reserved.
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About Our Deals
Apartment Finder utilizes the industry's largest and most complete database of real-time rents and availabilities to help you find an amazing deal on your next rental.
Price Drop
Apartment communities change their rental rates often - sometimes multiple times a day. We track the changes and keep you up to date when a rental rate decreases.
Best Value
"Best value" units are located in buildings rated three stars or higher. We label apartment rentals that are priced significantly less than similar high-quality units nearby.
Rent Specials
Apartment communities regularly advertise deals for new residents. Whether it's a move-in special or a free tv, we locate the rentals that offer a little something extra when you sign your lease.
Note: Based on community-supplied data and independent market research. Subject to change without notice.