Newark, NJ Rent Trends

Rank #18, last updated January 27

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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 $2,094. The average rent of a 1-bedroom in Newark, NJ is $1,722. The average rent of a 2-bedroom in Newark, NJ is $2,000. The average rent of a 3-bedroom in Newark, NJ is $2,500.

Studio

$2,094


1 bed

$1,722


2 beds

$2,000


3+ beds

$2,500

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 $1,200 to $2,800+.

$1,200 - $1,600

$1,600 - $2,000

$2,000 - $2,400

$2,400 - $2,800

$2,800+

What is the average apartment size in Newark?

The average size of a Newark, NJ apartment is 41005 square feet, while the median apartment size for Newark, NJ is 695 square feet. However, square footage varies based on unit type. Most rentals in Newark, NJ (34.23%) are 3+ bedroom apartments, while the fewest (11.71%) are studio apartments. Meanwhile, 2 bedroom apartments account for 28.83%, and 1 bedroom apartments make up 25.23%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

Nearby neighborhoods

Chelsea Apartments

106 apartments starting at $1,850/month

East Village Apartments

45 apartments starting at $2,600/month

Financial District Apartments

101 apartments starting at $3,150/month

Gramercy Apartments

30 apartments starting at $2,750/month

Greenwich Village Apartments

101 apartments starting at $2,550/month

Greenwood Heights Apartments

25 apartments starting at $2,350/month

Hell's Kitchen Apartments

144 apartments starting at $2,250/month

Lower East Side Apartments

30 apartments starting at $2,895/month

Park Slope Apartments

52 apartments starting at $1,425/month

Soho Apartments

19 apartments starting at $3,750/month

Tribeca Apartments

35 apartments starting at $4,100/month

West Village Apartments

70 apartments starting at $3,300/month

Nearby cities

Bayonne Apartments

34 apartments starting at $1,575/month

Bronx Apartments

223 apartments starting at $550/month

Brooklyn Apartments

1,036 apartments starting at $850/month

Camden Apartments

22 apartments starting at $1,050/month

Jersey City Apartments

935 apartments starting at $1,250/month

Manhattan Apartments

1,764 apartments starting at $1,850/month

New York Apartments

3,982 apartments starting at $488/month

Queens Apartments

849 apartments starting at $488/month

Staten Island Apartments

97 apartments starting at $1,300/month

Nearby universities

HCCC Apartments

689 apartments starting at $1,265/month

Institute of Culinary Education Apartments

220 apartments starting at $2,300/month

NJCU Apartments

77 apartments starting at $1,250/month

Saint Peter's University Apartments

674 apartments starting at $1,265/month

Stevens Institute of Technology Apartments

34 apartments starting at $1,400/month

Popular metro areas

Baltimore Metro Apartments

2,982 apartments starting at $500/month

Boston Metro Apartments

6,777 apartments starting at $840/month

New York Metro Apartments

6,009 apartments starting at $488/month

Philadelphia Metro Apartments

4,367 apartments starting at $525/month

Pittsburgh Metro Apartments

2,165 apartments starting at $595/month

Washington Metro Apartments

6,446 apartments starting at $650/month