Newark, NJ Rent Trends

Rank #19, last updated December 4

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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 $2,200. The average rent of a 1-bedroom in Newark, NJ is $1,750. 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

$2,200


1 bed

$1,750


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 $3,200+.

$1,200 - $1,700

$1,700 - $2,200

$2,200 - $2,700

$2,700 - $3,200

$3,200+

What is the average apartment size in Newark?

The average size of a Newark, NJ apartment is 726 square feet, while the median apartment size for Newark, NJ is 715 square feet. However, square footage varies based on unit type. Most rentals in Newark, NJ (33.33%) are 2 bedroom apartments, while the fewest (13.82%) are studio apartments. Meanwhile, 3+ bedroom apartments account for 29.27%, and 1 bedroom apartments make up 23.58%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

Nearby neighborhoods

Battery Park City Apartments

22 apartments starting at $3,700/month

Brooklyn Heights Apartments

33 apartments starting at $2,850/month

Carroll Gardens Apartments

21 apartments starting at $3,200/month

Chelsea Apartments

159 apartments starting at $1,535/month

East Village Apartments

64 apartments starting at $2,600/month

Financial District Apartments

171 apartments starting at $2,900/month

Flatiron District Apartments

31 apartments starting at $2,700/month

Hell's Kitchen Apartments

174 apartments starting at $2,250/month

Lower East Side Apartments

22 apartments starting at $2,400/month

Soho Apartments

26 apartments starting at $3,150/month

Tribeca Apartments

33 apartments starting at $4,500/month

West Village Apartments

48 apartments starting at $3,150/month

Nearby cities

Bayonne Apartments

47 apartments starting at $1,700/month

Bronx Apartments

224 apartments starting at $1,000/month

Brooklyn Apartments

1,203 apartments starting at $850/month

Jersey City Apartments

410 apartments starting at $1,265/month

Manhattan Apartments

2,129 apartments starting at $1,100/month

New York Apartments

4,567 apartments starting at $800/month

Queens Apartments

885 apartments starting at $875/month

Staten Island Apartments

115 apartments starting at $800/month

West New York Apartments

38 apartments starting at $1,725/month

Nearby universities

HCCC Apartments

159 apartments starting at $1,265/month

Institute of Culinary Education Apartments

298 apartments starting at $2,300/month

NJCU Apartments

72 apartments starting at $1,507/month

Saint Peter's University Apartments

136 apartments starting at $1,265/month

Stevens Institute of Technology Apartments

38 apartments starting at $1,400/month

Popular metro areas

Baltimore Metro Apartments

2,843 apartments starting at $600/month

Boston Metro Apartments

6,872 apartments starting at $425/month

New York Metro Apartments

6,090 apartments starting at $750/month

Philadelphia Metro Apartments

3,785 apartments starting at $500/month

Pittsburgh Metro Apartments

1,878 apartments starting at $400/month

Washington Metro Apartments

6,449 apartments starting at $800/month