Most Affordable Neighborhoods in Newark, NJ
Some of the cheapest neighborhoods in Newark are Springfield-Belmont, Weequahic, and Lower Roseville. These neighborhoods offer some of the lowest rent prices in Newark, making them ideal for renters on a budget. As of January 2, 2025, the average rent in Newark is $1,494, which is 0.8% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Springfield-Belmont
Average Rent
$1,360/Month
Year-Over-Year Rent Change
2.3%
TransitScore® Rating
77/100
Units Available
2 Rentals
Springfield-Belmont provides a diverse neighborhood offering a mix of residential homes and local businesses. A key attraction is the Newark Museum, the largest museum in New Jersey. Renters will appreciate the proximity to schools, parks, and shopping centers.
Weequahic
Average Rent
$1,427/Month
Year-Over-Year Rent Change
0.4%
TransitScore® Rating
57/100
Units Available
4 Rentals
If you’re looking for a great, affordable neighborhood in Newark, Weequahic might be the perfect place! It has an average rent price of $1,427, while the city’s average stands at $1,494. In the last year, prices have increased by 0.4%. Weequahic is near Military Park, Orange Street, and Newark Liberty International.
Lower Roseville
Average Rent
$1,430/Month
Year-Over-Year Rent Change
0.3%
TransitScore® Rating
70/100
Units Available
2 Rentals
Lower Roseville is a top choice for budget-conscious renters for a variety of reasons. The average rent in Lower Roseville is $1,430 while the city average is $1,494. This is a 0.3% difference from last year. Residents enjoy convenient access to N.J. Inst. of Technology, Essex County College, and Newark Museum and Dreyfuss Planetarium. The neighborhood is considered walkable with a WalkScore® of 78.
West Side
Average Rent
$1,567/Month
Year-Over-Year Rent Change
0.5%
TransitScore® Rating
60/100
Units Available
3 Rentals
When you’re looking for a great Newark neighborhood on a budget, check out West Side. The average rent is $1,567, compared to the city average of $1,494. Rent prices have increased by 0.5%. West Side is convenient to Arwin Plaza, Home Depot Center, and Springfield Avenue Marketplace. The community is walkable with a WalkScore® of 76.
Upper Clinton Hill
Average Rent
$1,680/Month
Year-Over-Year Rent Change
0.5%
TransitScore® Rating
59/100
Units Available
5 Rentals
Upper Clinton Hill is an affordable neighborhood in Newark with an average rent price of $1,680. Compare this to the city average of $1,494. In the past year, rent prices have increased by 0.5%. Upper Clinton Hill provides easy access to Maple Spring Commons, Washington Street, and Norfolk Street. It’s a walkable neighborhood with a WalkScore® of 70.
Forest Hill
Average Rent
$1,695/Month
Year-Over-Year Rent Change
2.1%
TransitScore® Rating
65/100
Units Available
20 Rentals
Forest Hill showcases a picturesque neighborhood known for its historic mansions and tree-lined streets. A key attraction is the Branch Brook Park, known for its annual cherry blossom festival. Renters will appreciate the quiet, upscale atmosphere and proximity to Branch Brook Park.
North Broadway
Average Rent
$1,707/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
56/100
Units Available
13 Rentals
North Broadway offers affordable housing and proximity to local businesses and schools. A key attraction is the Thomas Edison National Historical Park, where the inventor lived and flourished. Renters will enjoy the convenience of public transportation and the diverse range of dining and shopping options
Lower Vailsburg
Average Rent
$1,709/Month
Year-Over-Year Rent Change
0.5%
TransitScore® Rating
51/100
Units Available
5 Rentals
Lower Vailsburg is a diverse neighborhood offering a mix of single-family homes and apartments, with easy access to local parks and schools. A key attraction is the Ivy Hill Park, a large recreational area. Renters will enjoy the suburban feel while being close to shopping and dining along South Orange Avenue.
Lower Clinton Hill
Average Rent
$1,750/Month
TransitScore® Rating
61/100
Units Available
2 Rentals
If you’re looking for a great, affordable neighborhood in Newark, Lower Clinton Hill might be the perfect place! It has an average rent price of $1,750, while the city’s average stands at $1,494. Lower Clinton Hill is near N.J. Inst. of Technology, Kearny Marsh, and Branch Brook Park.
South Broad Street
Average Rent
$1,925/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
71/100
Units Available
32 Rentals
South Broad Street is a top choice for budget-conscious renters for a variety of reasons. The average rent in South Broad Street is $1,925 while the city average is $1,494. This is a 0.7% difference from last year. Residents enjoy convenient access to Military Park, Seton Hall University, and Njpac/Center Street. The neighborhood is considered walkable with a WalkScore® of 80.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.