Average Rent in Newark, NJ
What is the average rent in Newark, NJ?
The average listed apartment rent in Newark, NJ is $14,644 per month, as of November 6, 2026. This sample includes 329 priced apartments in 7 buildings. These are tracked asking prices, not signed leases.
We use published total monthly rent when known and base rent otherwise. Unknown fees remain unknown. Included building observations run from November 4, 2026 through November 6, 2026. Buildings without a qualifying price do not count in this sample. The guide directory can include more buildings.
7 apartment buildings, 329 units. Recorded asking prices and price history where available.
Browse apartments in Newark, NJAvg Rent
$14,644/mo
median $18,175
market average
Cheapest
$2,034/mo
Vermella Broad Street
Properties
7
tracked daily
Units
329
available now
Newark, NJ Resident Access
City Club members share insider gate codes, parking links, and amenity tips.
Analysis
Rent Price Breakdown
Compare pricing across all 7 properties in Newark, NJ.
Average rent trend, last month
All bedroom types, citywide. Choose a window above to scope the view.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Newark, NJ Rent Prices
All 7 properties ranked by lowest available rent.
Envy By Gomes
58-84 Norfolk St, Newark, NJ 07103, USA
Newark Urby Apartments
155 Washington St, Newark, NJ 07102, USA
Vermella Broad Street
355 Mayor Kenneth A. Gibson Blvd, Newark, NJ 07104, USA
Parkway Lofts
5 Lawrence St, Bloomfield, NJ 07017, USA
Árbol By Gomes
254-270 Orange St, Newark, NJ 07103, USA
Eleven80 Apartments
1180 Raymond Blvd, Newark, NJ 07102, USA
One Theater Square
2 Center St, Newark, NJ 07102, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Envy By Gomes 58-84 Norfolk St, Newark, NJ 07103, USA | $1,794 as of Oct 27 | $2,298 | -- | 4.6 (360) | 88 |
| 2 | Newark Urby Apartments 155 Washington St, Newark, NJ 07102, USA | $2,034 | $17,314 | -- | 4.1 (209) | 269 |
| 3 | Vermella Broad Street 355 Mayor Kenneth A. Gibson Blvd, Newark, NJ 07104, USA | $2,034 | $2,733 | $3.29/ft² | 4.8 (227) | 15 |
| 4 | Parkway Lofts 5 Lawrence St, Bloomfield, NJ 07017, USA | $2,050 | $2,562 | $3.37/ft² | 4 (300) | 15 |
| 5 | Árbol By Gomes 254-270 Orange St, Newark, NJ 07103, USA | $2,150 | $2,298 | -- | 4.6 (211) | 6 |
| 6 | Eleven80 Apartments 1180 Raymond Blvd, Newark, NJ 07102, USA | $2,154 | $2,422 | $2.89/ft² | 4.3 (211) | 11 |
| 7 | One Theater Square 2 Center St, Newark, NJ 07102, USA | $2,455 | $3,110 | $3.89/ft² | 4.5 (169) | 12 |
Rent & Price History by Building
Compare apartment listings by price, bedrooms, and neighborhood.
Envy By Gomes
4.6 (360)58-84 Norfolk St, Newark, NJ 07103, USA
Newark Urby Apartments
4.1 (209)155 Washington St, Newark, NJ 07102, USA
Vermella Broad Street
4.8 (227)355 Mayor Kenneth A. Gibson Blvd, Newark, NJ 07104, USA
Parkway Lofts
4 (300)5 Lawrence St, Bloomfield, NJ 07017, USA
Árbol By Gomes
4.6 (211)254-270 Orange St, Newark, NJ 07103, USA
Eleven80 Apartments
4.3 (211)1180 Raymond Blvd, Newark, NJ 07102, USA
By Area
Newark, NJ neighborhoods
Tracked buildings across 4 named neighborhoods. Pick one to see its apartments.
Newark, NJ Average Rent Prices 2026
The average listed rent in Newark, NJ is $14,644 per month, based on 329 units across 7 apartment communities. Prices range from $2,034 at Vermella Broad Street to $18,776 at Newark Urby Apartments.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| Studio | $2,156/mo | $2,034/mo | 13 |
| 1 Bed | $2,647/mo | $2,150/mo | 33 |
| 2 Bed | $3,235/mo | $2,400/mo | 14 |
We schedule daily price checks. The included observations can have different dates. Request an area we do not cover so we can review it for coverage.
Market Context
Who rents in Newark, NJ, and what they pay
Tracked one-bedroom rent in Newark, NJ averages $2,647/mo , with two-bedroom units averaging $3,235/mo. At the local median household income of $48,416, that works out to 363% of gross income, a severely rent-burdened market by HUD standards.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Newark, NJ at $1,330/mo. The current tracked market average runs 1001% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Newark, NJ while the tracked market average covers units currently listed in larger apartment communities.
Who employs renters in New York Metro
Demand in the New York Metro rental market is shaped by the metro's largest private and public employers. The following organizations anchor local hiring and influence what renters can pay:
- Prudential Financial
- Panasonic North America
- Audible
- Rutgers University
Mean one-way commute in Newark, NJ is 33 minutes, per the Census ACS, useful context when weighing which properties sit inside reasonable reach of these employers.
What salary do I need to live comfortably in Newark, NJ?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$586,000/year
Based on the 30 percent rule, using our tracked average rent of $14,644/mo.
Comfortable income
$703,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($2,034/mo), you need to earn at least $81,000/year.
Median household income in Newark, NJ is $48,416 , about 93% below the comfortable-living threshold.
Cost of living in Newark, NJ
Overall prices in Newark, NJ runs above the national average by about 13% (BEA Regional Price Parity index 112.6, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Newark, NJ's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $14,644 |
| Utilities | $644 |
| Groceries | $585 |
| Transportation | $1,534 |
| Healthcare | $748 |
| Other goods and services | $1,197 |
| Estimated total | $19,352/mo |
Population
307,188
Median household income
$48,416
Census median rent
$1,330/mo
Census rent burden
34.5%
Median age
34.8
Mean commute
33 min
Methodology
Rent data
We use listed asking rents and schedule daily data updates. Individual buildings can have different verification dates. Check the building or unit page for its latest price and availability.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
We estimate annual income by dividing annual rent by 30 percent for the affordability figure and 25 percent for the comfortable-income figure. These estimates are a guide, not a guarantee of rental approval.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Compare
Nearby cities in New Jersey
How Newark, NJ rent compares to other markets in the state.
| City | Avg Rent | vs Newark, NJ | 30-Day Change | Properties |
|---|---|---|---|---|
| Edison, NJ | $2,132 | -85% | -8.6% | 15 |
| New Brunswick, NJ | $2,373 | -84% | -6.6% | 13 |
| Bayonne, NJ | $2,911 | -80% | -2.7% | 10 |
| Hoboken, NJ | $4,829 | -67% | +2.7% | 10 |
| Jersey City, NJ | $4,128 | -72% | -2.6% | 9 |
| East Orange, NJ | $2,276 | -84% | -8.5% | 6 |
Frequently asked questions
What is the average rent in Newark, NJ?
The average listed apartment rent in Newark, NJ is $14,644 per month, as of November 6, 2026. This sample includes 329 priced apartments in 7 buildings. These are tracked asking prices, not signed leases.
What is the median rent in Newark, NJ?
The median asking rent in Newark, NJ is $18,175 per month, computed from 329 priced listings; check the observation dates shown on this page. The average is $14,644/mo; the median resists skew from luxury listings.
What is the cheapest apartment rent in Newark, NJ?
The lowest available rent in Newark, NJ starts at $2,034 per month. Confirm current availability, fees, and lease terms with the selected listing.
How much is a 1-bedroom apartment in Newark, NJ?
1-bedroom apartments in Newark, NJ average $2,647/mo. The lowest listed 1-bedroom starts at $2,150/mo across 33 units tracked.
How much is a 2-bedroom apartment in Newark, NJ?
2-bedroom apartments in Newark, NJ average $3,235/mo. Units start from $2,400/mo across 14 units currently listed.
Rent Trends in Newark, NJ
Track how apartment prices are changing over time.
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