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Apartments for Rent in Newark, NJ
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Average rent in Newark, NJ

$1,382/mo Newark, NJ average rental price, October 2022
Image Average Rent

The average monthly rent of apartments in Newark, NJ is $1,382.

    Newark, NJ apartment rent ranges

    About 38% of apartment rents in Newark, NJ range between $1,001-$1,500. Meanwhile, apartments priced over $1,501-$2,000 represent 20% of apartments. Around 25% of Newark’s apartments are in the $701-$1,000 price range. 5% of apartments are priced between $501-$700.

    Newark, NJ rent trends

    Getting around in Newark, NJ

    92 /100
    Walker's Paradise
    83 /100
    Excellent Transit
    52 /100
    Walk Score®: 92, Transit Score®: 83, Bike Score®: 52

    Frequently asked questions

    When were prices and availability in Newark, NJ last updated?

    Prices and availability in Newark, NJ were last updated on 5 Feb 2023.

    What are the best apartments in Newark, NJ?

    The best apartments in Newark, NJ are: The Willows at Symphony Hall, The Willows at Lincoln Park, Eleven80, Chancellor Arms One and La Plaza.

    What is the average rent in Newark, NJ?

    The average rent in Newark, NJ is $1,382. Start your search for apartments in Newark, NJ now.

    What is the price range for a studio apartment in Newark, NJ?

    The price range for a studio apartment in Newark, NJ is between $1,300 and $3,100. View all studio apartments in Newark, NJ.

    What is the price range for a 1-bedroom apartment in Newark, NJ?

    The price range for a 1-bedroom apartment in Newark, NJ is between $934 and $3,660. Browse all available 1-bedroom apartments in Newark, NJ now.

    What is the price range for a 2-bedroom apartment in Newark, NJ?

    The price range for a 2-bedroom apartment in Newark, NJ is between $934 and $4,645. Browse and find a 2-bedroom apartment in Newark, NJ.

    What is the price range for a 3-bedroom apartment in Newark, NJ?

    The price range for a 3-bedroom apartment in Newark, NJ is between $1,088 and $2,500. Browse all available 3-bedroom apartments in Newark, NJ.

    What type of rental buildings are in Newark, NJ?

    In Newark, 76% of the residents are renting compared to 24% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 19% of Newark’s rentals, 76% are small-scale complexes with under 50 units, and 5% are single-family rentals.

    What do typical apartment communities look like in Newark, NJ?

    The average age of rental buildings in Newark is 0 years old, with none being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 0 stories, of which none are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

    What apartment floorplans are common in Newark, NJ?

    Studio apartments in Newark are around 0% of rentals, while 1-bedroom floor plans represent 0% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 0% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.

    Newark, NJ in the news

    Living in Newark, NJ

    Located in the Gateway Region of the Northeast megalopolis and approximately eight miles west of Manhattan is Newark, New Jersey’s largest city. It’s one of the best places to rent in New Jersey and is known as a cultural, transportation and educational hub. The city is also home to a number of colleges and universities — including Rutgers University-Newark, Seton Hall University School of Law and New Jersey Institute of Technology — making it a great place for students to rent, as well. The city is located in the northern hemisphere, meaning those who rent here experience a continental climate with cold winters and hot summers. Average annual temperatures range between 26°F and 86°F, with a fair amount of precipitation in the form of rain and snow.

    Renting in Newark, NJ

    Newark is home to a diverse array of neighborhoods and rental properties. The Central Ward is the cultural and economic heart of Newark. It’s also home to the Rutgers-Newark campus, making it popular for students and young professionals looking to rent in Newark. This area is mostly filled with high-rise apartments, while the surrounding neighborhoods feature a mix of single-family homes, duplexes and low-rise apartments. The East Ward is one of the oldest parts of the city and is home to several historic landmarks. The West Ward is a predominantly residential area with a mix of single-family rentals and apartments for rent. Finally, the South Ward has several up-and-coming neighborhoods with a growing number of new businesses and restaurants. Note that, when signing a lease in Newark, renters are usually required to provide a security deposit no higher than 1.5 months’ rent. Utilities are typically excluded from the rent and are the renter’s responsibility. For any rent delays, the landlord may charge a late rent fee. But, if they wish to increase rent or terminate the lease, they must give the renter prior written notice.

    Things for renting

    Newark, NJ demographics

    Newark, NJ has a population of 281,917 according to the most recent data from the U.S. Census Bureau. 144,088 of Newark’s residents are women and 137,829 are men. The median age of those who live in Newark, NJ is 34.5.

    Shopping in Newark, NJ

    Newark offers renters different shopping experiences, from high-end malls to local, mom-and-pop shops. The city’s central shopping district is downtown, where renters find a mix of some of the most popular brand stores and locally owned shops. For a unique shopping experience, the Ironbound neighborhood is a historic area that’s home to several charming boutiques, specialty stores, and a variety of ethnic markets. In addition, The Mills at Jersey Gardens and The Mall at Short Hills (some of the largest malls in the area) are both located just a short drive from Newark. For grocery shopping, renters usually head to Walmart, The Home Depot, and Walgreens, as well as the local Seabra Foods, Twin City Supermarket, ShopRite and Extra Supermarket.

    Newark, NJ households

    • 61,108 Family
      41,087 Non-family
    • 34,336 Children
      67,859 No Children
    • 102,195Total Number of Households
    • 2.63Average People Per Household
    • $37,476Median Household Income

    According to U.S. Census data, there are 102,195 households in Newark, NJ. 61,108 are family households and 41,087 are non-family households. There are 34,336 households with children in Newark and 67,859 households without children. On average, about 2.63 people live in a household in Newark, NJ.

    Transportation in Newark, NJ

    Newark is a major transportation hub, with rail, air and highway connections to the rest of the country. In fact, it’s one of the most walkable and bike-friendly cities in the U.S. Here, traffic and road conditions; infrastructure; and safety conditions make getting around on foot or bike quite easy. Several major roads pass through Newark for renters using a vehicle, including interstates 78, 95 and 280; U.S. Highway 9; and State Route 21. Alternatively, the Newark City Subway is the oldest subway system in the country and offers service to several destinations in the city. Newark also has a light rail system that connects the city to neighboring communities. In addition, several bus routes run throughout Newark, as well as private ridesharing service providers, like Uber and Lyft. Finally, the city’s Newark Liberty International Airport is one of the busiest airports in the country with millions of passengers and flights annually.

    Newark, NJ education statistics

    The level of education of the population of Newark, NJ is as follows: 11% have no high school education, 48% completed some high school, 21% partially completed college, 6% have an Associate Degree, 10% have a Bachelor Degree, and 4% have a Graduate Degree.

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    RentCafe is your one-stop shop for finding a great new apartment in Newark, NJ. Easily search through a wide selection of apartments for rent in Newark, NJ, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Newark, NJ apartments with rents starting from $934 and submit your rental application today!

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