Rent trend data in Newark, New Jersey
Newark Average Rent
As of January 2020, average rent for an apartment in Newark, NJ is $1490 which is a 4.7% decrease from last year when the average rent was $1560 , and a 2.75% decrease from last month when the average rent was $1531.
One bedroom apartments in Newark rent for $1379 a month on average (a 9.72% decrease from last year) and two bedroom apartment rents average $1674 (a 2.75% decrease from last year).
See our listings of Newark Apartments
Newark Rent Trends
The average apartment rent over the prior 6 months in Newark has decreased by $146 (-8.9%)
One bedroom units have decreased by $150 (-9.8%) and two bedroom apartments have decreased by $264 (-13.6%)
See our listings of Newark Apartments
Newark Average Rent By Neighborhood
The most expensive Newark neighborhoods to rent apartments in are Central Business District, Upper Clinton Hill, and Upper Vailsburg.
The cheapest Newark neignborhoods to rent apartments in are Upper Vailsburg, Upper Clinton Hill, and Central Business District.
See our Newark neighborhood apartment listings:
| Central Business District Apartments Upper Clinton Hill Apartments | Upper Vailsburg Apartments |