Rent trend data in Newark, New Jersey
Newark Average Rent
As of November 2019, average rent for an apartment in Newark, NJ is $1614 which is a 3.1% decrease from last year when the average rent was $1664 , and a 7.81% decrease from last month when the average rent was $1740.
One bedroom apartments in Newark rent for $1506 a month on average (a 5.51% decrease from last year) and two bedroom apartment rents average $1922 (a 0.88% 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 increased by $48 (3.1%)
One bedroom units have increased by $70 (4.9%) and two bedroom apartments have increased by $25 (1.3%)
See our listings of Newark Apartments
Newark Average Rent By Neighborhood
The most expensive Newark neighborhoods to rent apartments in are Central Business District, Springfield-Belmont, and Fairmuont.
The cheapest Newark neignborhoods to rent apartments in are University Heights, Upper Vailsburg, and Upper Clinton Hill.
See our Newark neighborhood apartment listings:
| Central Business District Apartments Springfield-Belmont Apartments Fairmuont Apartments Weequahic Apartments | Upper Clinton Hill Apartments Upper Vailsburg Apartments University Heights Apartments |