Rent trend data in Newark, New Jersey
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As of May 2017, average apartment rent within the city of of Newark, NJ is $1339.
One bedroom apartments in Newark rent for $1220 a month on average and two bedroom apartment rents average $1506.
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Newark Rent Trends
The average apartment rent over the prior 6 months in Newark has decreased by $153 (-10.3%)
One bedroom units have decreased by $190 (-13.5%) and two bedroom apartments have decreased by $264 (-14.9%)
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Newark Average Rent By Neighborhood
The most expensive Newark neighborhoods to rent apartments are Springfield-Belmont, Central Business District, and University Heights.
The cheapest Newark neignborhoods to rent apartments are Lower Vailsburg, Dayton-Weequahic Park, and Upper Vailsburg.
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