Rent trend data in Newark, New Jersey
Newark Average Rent
As of August 2016, average apartment rent within the city of of Newark, NJ is $1466.
One bedroom apartments in Newark rent for $1376 a month on average and two bedroom apartment rents average $1726.
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Newark Rent Trends
The average apartment rent over the prior 6 months in Newark has decreased by $132 (-8.3%)
One bedroom units have decreased by $98 (-6.6%) and two bedroom apartments have decreased by $130 (-7%)
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Newark Average Rent By Neighborhood
The most expensive Newark neighborhoods to rent apartments are Springfield-Belmont, Central Business District, and Forest Hill.
The cheapest Newark neignborhoods to rent apartments are Lower Vailsburg, Weequahic, and Dayton-Weequahic Park.
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