Apartments For Rent in 07103
476 rentals
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INCOME RESTRICTED$1,690 - $1,952/mo
2-3 Beds
1-2 BathsMontgomery Heights | 671 Martin Luther King Blvd,
Newark, NJ 07103
PET FRIENDLYTotal price$1,695 - $1,795/mo2-3 Beds1-2 Baths398-400 South 15th St | 398-400 S 15th St,
Newark, NJ 07103
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Average Rent Trends in 07103
Rent in 07103 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Aug 2026 compared to the previous month. Rent previously peaked in Feb 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $2,250 |
| Oct 2025 | $2,163 |
| Nov 2025 | $2,150 |
| Dec 2025 | $2,150 |
| Jan 2026 | $2,195 |
| Feb 2026 | $2,100 |
| Mar 2026 | $2,100 |
| Apr 2026 | $2,146 |
| May 2026 | $2,150 |
| Jun 2026 | $2,150 |
| Jul 2026 | $2,100 |
| Aug 2026 | $2,100 |
Average Rent By Bedroom and Home Type
In August 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,600 | $1,895 | $2,200 | $2,550 | $2,100 |
| Townhomes | $1,250 | $2,700 | $2,325 | $2,850 | $1,950 |
| Apartments and Condos | $1,600 | $1,894 | $2,200 | $2,550 | $2,095 |
| Houses | $1,495 | $698 | $2,695 | $3,012 | $2,600 |
Frequently Asked Questions about Rentals in 07103
- What is the average rent of an apartment in 07103?The average rent of an apartment in 07103 is $2,226 per month. This is about 13% higher than the national average.
- When is the average rent cheapest in 07103?In the last year, the average rent in 07103 was lowest in Aug 2025 when it was $2,100 per month.
- When is the average rent most expensive in 07103?In the last year, the average rent in 07103 was highest in Feb 2025 when it was $2,300 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 07103?The average rent of a 1 bedroom apartment in 07103 is $1,600 per month. That is about $300 more than the cost of a studio apartment.
- How many available rental listings are in 07103?There are 458 available rental listings in 07103.
- What are some cities near 07103?Some nearby cities include: Newark, East Newark, East Orange, Irvington, Harrison, Orange. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos en renta en 07103 - 591 Rentas | Trulia