Last updated
Average Rent in Newark, NJ & Rent Trends
Rent prices and market trends across 1 apartment community in Newark, NJ. Updated daily.
Market Average
$2,235/mo
▲ +1.7% from last month
Lowest Available
$2,130/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
4
available now
Rent by Neighborhood in Newark, NJ
Compare average rent across Newark, NJ neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | From | Properties | Units |
|---|---|---|---|---|
| Newark 07029 | $2,766 | $2,130 | 1 | 9 |
| Constable Hook | $2,675 | $2,675 | 1 | 1 |
| Newark 07018 | $2,569 | $2,531 | 1 | 4 |
Is Rent Going Up or Down in Newark, NJ?
As of May 2026, the average rent in Newark, NJ is $2,235 per month across 1 apartment community and 4 available units. Rents have increased $47 (1.7%) over the past month.
The most affordable option is Dey & Bergen starting at $2,130/mo. By unit type, a studio averages $2,235/mo.
Prices range from $2,130 to $2,305 per month. The most common price point is the $2,200 range, where 3 units are currently listed.
Newark, NJ Rent Price History
Rent Price Distribution
Rent by Bedroom Type in Newark, NJ
Rent Prices by Apartment in Newark, NJ
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Dey & Bergen | $2,130/mo | $2,235/mo | 4 | 4.4 |
Google Search Trends for Newark, NJ Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Newark, NJ
What is the average rent in Newark, NJ?
Is rent going up or down in Newark, NJ?
What is the cheapest apartment in Newark, NJ?
How many apartments are available in Newark, NJ?
What salary do I need to live comfortably in Newark, NJ?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$89,000/year
30 percent rule -- using our average rent of $2,235/mo.
Comfortable income
$107,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($2,130/mo), you need to earn at least $85,000/year.
Median household income in Newark, NJ is $48,416 , about 55% below the comfortable-living threshold.
Cost of living in Newark, NJ
Overall prices in Newark, NJ runs above the national average by about 13% (BEA Regional Price Parity index 112.6, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Newark, NJ's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,235 |
| Utilities | $644 |
| Groceries | $585 |
| Transportation | $1,534 |
| Healthcare | $748 |
| Other goods and services | $1,197 |
| Estimated total | $6,943/mo |
Population
307,188
Median household income
$48,416
Census median rent
$1,330/mo
Rent as % of income
34.5%
Median age
34.8
Mean commute
33 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Newark, NJ Apartments
Browse all 1 communities with daily-updated pricing and availability.