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 Oct 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| 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 |
| Jun 2026 | $2,100 |
| Jul 2026 | $2,100 |
| Aug 2026 | $2,100 |
| Sep 2026 | $2,100 |
| Oct 2026 | $2,095 |
Average Rent By Bedroom and Home Type
In October 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 | $1,650 | $1,895 | $2,200 | $2,500 | $2,075 |
| Townhomes | $1,595 | $2,050 | $2,250 | $2,800 | $2,100 |
| Apartments and Condos | $1,600 | $1,850 | $2,175 | $2,500 | $2,050 |
| Houses | $1,178 | $2,000 | $2,500 | $2,500 | $2,500 |
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 $2,130 per month. This is about 9% higher than the national average.
- What are the cheapest months to find an apartment to rent in Newark, NJ?Last year, the cheapest month to find an apartment to rent was Aug 2025 when it was $2,100 per month.
- How many cheap apartments are available in Newark, NJ?There are 1,036 apartments to rent that are cheaper than the city’s average rent of $2,075.
- 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 $1,650 per month. That is about $225 more than the cost of a studio apartment.
- 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.
View this page in Spanish: Apartamentos baratos en renta en Newark, NJ - 2,555 Rentas | Trulia
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