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3 Bedroom Apartments for Rent in Newark, NJ - 8 Rentals available

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Newark, NJ Demographics

  • Total Population279,793
  • Female 139,247
    Male 140,546
  • Median Age32.6

Average Rent for 3 Bedroom apartments in Newark, NJ

  • The average rent for a 3 Bedroom apartment in Newark, NJ, November 2018$1,155/mo
  • 1 Bedroom$1,078
  • 2 Bedrooms$1,441
  • 3 Bedrooms$1,449

Newark, NJ 3 Bedroom Apartment Rent Ranges

  • $701-$1,0001%
  • $1,001-$1,50081%
  • $1,501-$2,0007%
  • > $2,00011%

Newark, NJ 3 Bedroom Apartment Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Nov / 2018 $1,155 $1,449
Jan / 2018 $1,154 $1,453
Sept / 2017 $1,169 $1,425
May / 2017 $1,171 $1,446
Jan / 2017 $1,145 $1,421
Sept / 2016 $1,128 $1,419
May / 2016 $1,117 $1,437
Jan / 2016 $1,108 $1,403
Sept / 2015 $1,096 $1,325
May / 2015 $1,064 $1,333
/

Newark, NJ Households

  • Total Number of Households92,675
  • Family 58,420
    Non-family 34,255
  • Children 35,828
    No Children 56,847
  • Average People Per Household2.87
  • Median Household Income$33,139
  • Median Housing Costs Per Month$1,051

Newark, NJ Education Statistics

  • No High School13%
  • Some High School49%
  • Some College22%
  • Associate Degree5%
  • Bachelor Degree9%
  • Graduate Degree4%

Renting a 3 bedroom apartment in Newark, NJ

Upgrading to a 3 bedroom apartment can have its pros and cons. Most renters who are looking for a three bedroom rental is because they need extra space for a home office, or for a child. This size apartment is also practical to share with roommates as it actually saves money on rent when 3 or 4 people get together to rent a 3 bedroom unit. They are very spacious, averaging around 986 Sqft. Or you can get even more space if you select “3+” beds in the top menu. The only down side is that they cost more. 8 rental properties offer 3 bedroom units in Newark, NJ to choose from. You are more likely to find 3 bedroom apartments in primarily residential neighborhoods, away from business districts and urban cores.

Tips on finding a cheap 3 bedroom apartment in Newark, NJ

For most renters, the cost of rent is the major pain point. The larger the apartment, the more money comes out of their pocket. For that reason, cheap 3 bedroom apartments are in high demand and hard to come by. But with a little diligence and some handy search tools, you will find an affordable apartment. Try an area that’s further away from the main city attractions, or try an older building that may have cheaper apartments and a ton of charm. Try searching in more affordable neighborhoods, like Industrial or another nearby. Sometimes lower-priced residential areas have diversity and ethnic authenticity that lend them a lot of character and color.