Apartments for Rent in Newark, NJ

The best apartments in Newark, NJ are: The Willows at Symphony Hall, The Willows at Lincoln Park, Eleven80, Olea by Gomes and Art Of Newark.

The average rent in Newark, NJ is $1,634.

The price range for a studio apartment in Newark, NJ is between $821 and $3,555.

The price range for a 1-bedroom apartment in Newark, NJ is between $799 and $3,721.

The price range for a 2-bedroom apartment in Newark, NJ is between $799 and $4,458.

The price range for a 3-bedroom apartment in Newark, NJ is between $799 and $3,555.

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, 75% are small-scale complexes with under 50 units, and 5% are single-family rentals.

The average age of rental buildings in Newark is 47 years old, with 26% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 11 stories, of which 39% are garden-style apartment communities, 27% are mid-sized buildings, and 48% are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Studio apartments in Newark are around 13% of rentals, while 1-bedroom floor plans represent 47% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 27% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.