Newark, NJ Rent Trends

Rank #26, last updated June 19

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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 $2,100. The average rent of a 1-bedroom in Newark, NJ is $1,585. The average rent of a 2-bedroom in Newark, NJ is $2,050. The average rent of a 3-bedroom in Newark, NJ is $2,380.

Studio

$2,100


1 bed

$1,585


2 beds

$2,050


3+ beds

$2,380

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

May 27 2024Aug 23 2024Sep 29 2024Oct 28 2024Jan 10 2025Feb 27 2025Apr 11 2025May 11 2025Jun 19 2025-$200$400$1,000$1,600$2,200
  • Newark
  • National

Apartment Rent Ranges in Newark

The monthly rent for apartments in Newark, NJ ranges from $600 to $3,800+.

$600 - $1,400

$1,400 - $2,200

$2,200 - $3,000

$3,000 - $3,800

$3,800+

What is the average apartment size in Newark?

The average size of a Newark, NJ apartment is 1698 square feet, while the median apartment size for Newark, NJ is 840 square feet. However, square footage varies based on unit type. Most rentals in Newark, NJ (38.24%) are 2 bedroom apartments, while the fewest (6.86%) are studio apartments. Meanwhile, 1 bedroom apartments account for 28.43%, and 3+ bedroom apartments make up 26.47%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

Nearby neighborhoods

Battery Park City Apartments

22 apartments starting at $3,500/month

Brooklyn Heights Apartments

39 apartments starting at $2,650/month

Chelsea Apartments

157 apartments starting at $1,200/month

Chinatown Apartments

21 apartments starting at $2,495/month

Dumbo Apartments

20 apartments starting at $4,075/month

East Village Apartments

163 apartments starting at $1,195/month

Financial District Apartments

195 apartments starting at $2,400/month

Lower East Side Apartments

60 apartments starting at $1,350/month

Soho Apartments

22 apartments starting at $1,700/month

Tribeca Apartments

60 apartments starting at $2,400/month

Two Bridges Apartments

22 apartments starting at $1,550/month

West Village Apartments

78 apartments starting at $3,495/month

Nearby cities

Bayonne Apartments

81 apartments starting at $1,200/month

Brooklyn Apartments

1,562 apartments starting at $1,000/month

Hoboken Apartments

40 apartments starting at $1,300/month

Jersey City Apartments

413 apartments starting at $1,200/month

Manhattan Apartments

2,871 apartments starting at $600/month

New York Apartments

6,051 apartments starting at $575/month

Staten Island Apartments

95 apartments starting at $1,450/month

Union City Apartments

25 apartments starting at $1,500/month

West New York Apartments

45 apartments starting at $1,570/month

Nearby universities

HCCC Apartments

206 apartments starting at $1,200/month

Institute of Culinary Education Apartments

330 apartments starting at $2,200/month

NJCU Apartments

48 apartments starting at $1,295/month

Saint Peter's University Apartments

192 apartments starting at $1,200/month

Stevens Institute of Technology Apartments

60 apartments starting at $1,300/month

Popular metro areas

Baltimore Metro Apartments

3,015 apartments starting at $600/month

Boston Metro Apartments

10,377 apartments starting at $850/month

New York Metro Apartments

7,600 apartments starting at $575/month

Philadelphia Metro Apartments

3,992 apartments starting at $500/month

Pittsburgh Metro Apartments

2,018 apartments starting at $400/month

Washington Metro Apartments

5,922 apartments starting at $650/month