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Newark, NJ Rent Trends

Rank #6, last updated November 20

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To calculate the apartment rental trends in each city or neighborhood, ApartmentAdvisor evaluates thousands of available apartment listings in a given market and updates this information daily.

What is the average rent in Newark?

The average rent of a studio apartment in Newark, NJ is $2,144. The average rent of a 1-bedroom in Newark, NJ is $2,322. The average rent of a 2-bedroom in Newark, NJ is $1,963. The average rent of a 3-bedroom in Newark, NJ is $2,400.

Studio

$2,144


1 bed

$2,322


2 beds

$1,963


3+ beds

$2,400

Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.

Rent Prices Over Time in Newark

Apartment Rent Ranges in Newark

The monthly rent for apartments in Newark, NJ ranges from $1,500 to $3,100+.

$1,500 - $1,900

$1,900 - $2,300

$2,300 - $2,700

$2,700 - $3,100

$3,100+

What is the average apartment size in Newark?

The average size of a Newark, NJ apartment is 901 square feet, while the median apartment size for Newark, NJ is 950 square feet. However, square footage varies based on unit type. Most rentals in Newark, NJ (36.51%) are 3+ bedroom apartments, while the fewest (3.17%) are studio apartments. Meanwhile, 1 bedroom apartments account for 34.92%, and 2 bedroom apartments make up 25.4%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

Nearby neighborhoods

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63 apartments starting at $3,510/month

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73 apartments starting at $2,674/month

Chelsea Apartments

237 apartments starting at $590/month

Chinatown Apartments

17 apartments starting at $2,250/month

East Village Apartments

144 apartments starting at $1,850/month

Financial District Apartments

390 apartments starting at $2,855/month

Hudson Square Apartments

21 apartments starting at $3,900/month

Little Italy Apartments

23 apartments starting at $2,875/month

Soho Apartments

42 apartments starting at $3,000/month

Tribeca Apartments

78 apartments starting at $4,250/month

Two Bridges Apartments

36 apartments starting at $2,600/month

West Village Apartments

103 apartments starting at $2,450/month

Nearby cities

Bronx Apartments

243 apartments starting at $1,600/month

Brooklyn Apartments

1,974 apartments starting at $1,100/month

Jersey City Apartments

275 apartments starting at $1,514/month

Lower Merion Apartments

49 apartments starting at $1,139/month

Manhattan Apartments

5,145 apartments starting at $590/month

New York Apartments

8,653 apartments starting at $590/month

Philadelphia Apartments

2,404 apartments starting at $625/month

Queens Apartments

1,188 apartments starting at $850/month

Staten Island Apartments

89 apartments starting at $1,400/month

Nearby universities

BMCC Apartments

691 apartments starting at $2,490/month

HCCC Apartments

114 apartments starting at $1,514/month

Institute of Culinary Education Apartments

625 apartments starting at $2,855/month

Saint Peter's University Apartments

111 apartments starting at $1,514/month

Stevens Institute of Technology Apartments

54 apartments starting at $1,400/month

Popular metro areas

Baltimore Metro Apartments

1,935 apartments starting at $636/month

Boston Metro Apartments

6,741 apartments starting at $900/month

New York Metro Apartments

9,865 apartments starting at $590/month

Philadelphia Metro Apartments

2,874 apartments starting at $500/month

Pittsburgh Metro Apartments

1,355 apartments starting at $549/month

Washington Metro Apartments

4,029 apartments starting at $610/month