Cheap Apartments for Rent in Newark, NJ
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Average Rent Trends in Newark, NJ
Rent in Newark, NJ varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,195 |
| Jul 2025 | $2,150 |
| Aug 2025 | $2,100 |
| Sep 2025 | $2,105 |
| Oct 2025 | $2,131 |
| Nov 2025 | $2,100 |
| Dec 2025 | $2,100 |
| Jan 2026 | $2,150 |
| Feb 2026 | $2,100 |
| Mar 2026 | $2,100 |
| Apr 2026 | $2,100 |
| 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 and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,595 | $1,850 | $2,250 | $2,600 | $2,100 |
| Townhomes | $1,350 | $1,950 | $2,250 | $2,599 | $2,100 |
| Apartments and Condos | $1,594 | $1,850 | $2,233 | $2,600 | $2,095 |
| Houses | $1,495 | $2,100 | $2,350 | $2,980 | $2,400 |
Frequently Asked Questions about Rentals in Newark, NJ
- What is the average rent of an apartment in Newark, NJ?The average rent of an apartment in Newark, NJ is $2,220 per month. This is about 15% higher than the national average.
- What is the average rent of a house in Newark, NJ?The average rent of a house in Newark, NJ is $2,400 per month. This is about 24% higher than the national average.
- What is the average rent of a townhome in Newark, NJ?The average rent of a townhome in Newark, NJ is $2,100 per month. This is about 9% higher than the national average.
- When is the average rent cheapest in Newark, NJ?In the last year, the average rent in Newark, NJ was lowest in Aug 2025 when it was $2,100 per month.
- When is the average rent most expensive in Newark, NJ?In the last year, the average rent in Newark, NJ was highest in Jan 2025 when it was $2,200 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Newark, NJ?The average rent of a 1 bedroom apartment in Newark, NJ is $1,595 per month. That is about $141 more than the cost of a studio apartment.
- How many available rental listings are in Newark, NJ?There are 2,546 available rental listings in Newark, NJ.
- What colleges and universities are in Newark, NJ?Colleges and universities in Newark, NJ include: New Jersey Institute of Technology.
- What are some neighborhoods in Newark, NJ?Some neighborhoods in Newark, NJ include: North Ironbound, Forest Hill, Weequahic, Lower Vailsburg, Upper Clinton Hill.
- What are some zip codes in Newark, NJ?
- What are some cities near Newark, NJ?Some nearby cities include: Harrison, East Newark, Irvington, Hillside, Kearny. These cities may have more rental options to explore.