Cheap Apartments for Rent in 07102
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SPECIAL OFFERPET FRIENDLY$2,000 - $2,400/mo
Studio-1 Bed
1 BathThe Griffith Building | 605 Broad St #4d25928c1,
Newark, NJ 07102
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NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY
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SPECIAL OFFERPET FRIENDLYTotal price$2,508 - $4,574/moStudio-2 Beds1-2 BathsOne Theater Square | 2 Center St #211,
Newark, NJ 07102
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Average Rent Trends in 07102
Rent in 07102 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Feb 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,300 |
| Jul 2025 | $2,200 |
| Aug 2025 | $2,291 |
| Sep 2025 | $2,303 |
| Oct 2025 | $2,350 |
| Nov 2025 | $2,195 |
| Dec 2025 | $2,100 |
| Jan 2026 | $2,200 |
| Feb 2026 | $2,250 |
| Mar 2026 | $2,100 |
| Apr 2026 | $1,550 |
| May 2026 | $2,100 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,550 | $2,100 | $3,000 | $2,800 | $2,100 |
| Townhomes | — | $3,000 | $2,700 | — | $2,700 |
| Apartments and Condos | $1,500 | $2,100 | $3,000 | $2,800 | $2,100 |
Frequently Asked Questions about Rentals in 07102
- What is the average rent of an apartment in 07102?The average rent of an apartment in 07102 is $2,650 per month. This is about 37% higher than the national average.
- What is the average rent of a townhome in 07102?The average rent of a townhome in 07102 is $2,700 per month. This is about 40% higher than the national average.
- When is the average rent cheapest in 07102?In the last year, the average rent in 07102 was lowest in Dec 2025 when it was $2,100 per month.
- When is the average rent most expensive in 07102?In the last year, the average rent in 07102 was highest in Feb 2025 when it was $2,413 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 07102?The average rent of a 1 bedroom apartment in 07102 is $1,550 per month. That is about $775 less than the cost of a studio apartment.
- How many available rental listings are in 07102?There are 71 available rental listings in 07102.
- What are some cities near 07102?Some nearby cities include: Newark, Harrison, East Newark, East Orange, Kearny, Irvington. These cities may have more rental options to explore.
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