What's the average rent in Newark, NJ?

Rental Market Trends in Newark, NJ

SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Newark, NJ is $2,100 per month, which is 9% higher than the national average rent of $1,930 per month.

AVERAGE RENT

$2,100
0.0%
No change month over month
-4.3%
-$95 decrease year-over-year

AVAILABLE RENTALS

2,332

APARTMENTS

$2,212

HOUSES

$2,350

TOWNHOUSES

$2,195
As of May 2026, townhomes are the most affordable rental option in Newark, NJ at $2,195 per month, while houses are the most expensive at $2,350 per month. Apartments average $2,212 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$1,600
2 Bedrooms$1,850
3 Bedrooms$2,250
4 Bedrooms$2,500
All$2,100
As of May 2026, the average rent for a 1 bedroom rental in Newark, NJ is $1,600 per month, followed by $1,850 for a 2 bedroom rental, $2,250 for a 3 bedroom rental, and $2,500 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -5% compared to the previous year, which is a $100 decrease.
This year (2026)
Last year (2025)

Rent distribution

50% of rentals have rent of $1,500-$2,199/month

Rental price range

The price range for rentals is $620 to $9,800.
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