Rent trend data in Newark, New Jersey
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As of July 2017, average rent for an apartment in Newark, NJ is $1367 which is a 14.7% decrease from last year when the average rent was $1568 , and a 0.15% increase from last month when the average rent was $1365.
One bedroom apartments in Newark rent for $1265 a month on average (a 17.15% decrease from last year) and two bedroom apartment rents average $1536 (a 19.4% decrease from last year).
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Newark Rent Trends
The average apartment rent over the prior 6 months in Newark has increased by $25 (1.9%)
One bedroom units have increased by $14 (1.1%) and two bedroom apartments have increased by $7 (0.5%)
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Newark Average Rent By Neighborhood
The most expensive Newark neighborhoods to rent apartments in are Springfield-Belmont, Central Business District, and North Ironbound.
The cheapest Newark neignborhoods to rent apartments in are Dayton-Weequahic Park, Lower Vailsburg, and Upper Vailsburg.
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