Average Rent in Newark NJ
4 apartment buildings, 11 units. Real prices pulled from each property's leasing system this morning.
Avg Rent
$2,491/mo
market average
Cheapest
$1,380/mo
The Park View at 320
Properties
4
tracked daily
Units
11
available now
Analysis
Rent Price Breakdown
Compare pricing across all 4 properties in Newark NJ.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Newark NJ Rent Prices
All 4 properties ranked by lowest available rent.
The Park View at 320
320 S Harrison St # 5H, East Orange, NJ 07018, USA
Dey & Bergen
1 Bergen St, Harrison, NJ 07029, USA
One Theater Square
2 Center St, Newark, NJ 07102, USA
Park Bayonne
1040 John F. Kennedy Blvd, Bayonne, NJ 07002, USA
| # | Property | From ▼ | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | The Park View at 320 320 S Harrison St # 5H, East Orange, NJ 07018, USA | $1,380 | $2,491 | -- | 4.3 | 11 |
| 2 | Dey & Bergen 1 Bergen St, Harrison, NJ 07029, USA | -- | -- | -- | 4.4 | 0 |
| 3 | One Theater Square 2 Center St, Newark, NJ 07102, USA | -- | -- | -- | 4.5 | 0 |
| 4 | Park Bayonne 1040 John F. Kennedy Blvd, Bayonne, NJ 07002, USA | -- | -- | -- | 4.7 | 0 |
Explore Each Property
The Park View at 320
4.3320 S Harrison St # 5H, East Orange, NJ 07018, USA
Dey & Bergen
4.41 Bergen St, Harrison, NJ 07029, USA
One Theater Square
4.52 Center St, Newark, NJ 07102, USA
Park Bayonne
4.71040 John F. Kennedy Blvd, Bayonne, NJ 07002, USA
Newark NJ Average Rent Prices 2026
The average rent in Newark NJ is $2,491 per month, based on 11 units across 4 apartment communities. Prices range from $1,380 at The Park View at 320 to $1,380 at The Park View at 320.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| Studio | $2,100/mo | $1,380/mo | 2 |
| 1 Bed | $2,063/mo | $1,380/mo | 4 |
| 2 Bed | $2,733/mo | $2,505/mo | 3 |
| 3 Bed | $3,375/mo | $3,264/mo | 2 |
Every price comes directly from each property's leasing system, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Market Context
Who rents in Newark NJ, and what they pay
Tracked one-bedroom rent in Newark NJ averages $2,063/mo, with two-bedroom units averaging $2,733/mo. At the local median household income of $48,416, that works out to 62% 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 87% 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
$100,000/year
30 percent rule — using our average rent of $2,491/mo.
Comfortable income
$120,000/year
25 percent rule — leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,380/mo), you need to earn at least $55,000/year.
Median household income in Newark NJ is $48,416 — about 60% 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) | $2,491 |
| Utilities | $644 |
| Groceries | $585 |
| Transportation | $1,534 |
| Healthcare | $748 |
| Other goods and services | $1,197 |
| Estimated total | $7,199/mo |
Population
307,188
Median household income
$48,416
Census median rent
$1,330/mo
Rent as % of income
34.5%
Median age
34.8
Mean commute
33 min
Methodology
† Rent data is sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living estimates for utilities, groceries, transportation, healthcare, and other goods and services 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 applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures (median household income, population, median age, commute time, Census median rent, 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.
Rent Trends in Newark NJ
Track how apartment prices are changing over time.
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