Rent trend data in Newark, New Jersey
Newark Average Rent
As of September 2018, average rent for an apartment in Newark, NJ is $1534 which is a 9.06% increase from last year when the average rent was $1395 , and a 1.69% decrease from last month when the average rent was $1560.
One bedroom apartments in Newark rent for $1467 a month on average (a 11.66% increase from last year) and two bedroom apartment rents average $1699 (a 6.59% increase from last year).
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Newark Rent Trends
The average apartment rent over the prior 6 months in Newark has increased by $79 (5.4%)
One bedroom units have increased by $67 (4.8%) and two bedroom apartments have increased by $74 (4.6%)
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Newark Average Rent By Neighborhood
The most expensive Newark neighborhoods to rent apartments in are Fairmuont, Upper Clinton Hill, and Springfield-Belmont.
The cheapest Newark neignborhoods to rent apartments in are Weequahic, Springfield-Belmont, and Upper Clinton Hill.
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| Fairmuont Apartments Upper Clinton Hill Apartments Springfield-Belmont Apartments | Weequahic Apartments |