Find Homes & Apartments for Rent in Newark, NJ

1-20 of 82 rentals
Viewing 1-20 of 82 rentals in Newark
What to Know About

Life in Newark & Beyond

Newark shares many of the great qualities that make New Jersey a desirable place to live.

New Jersey is known for its beaches along the Jersey Shore to some of the most iconic landmarks in the nation, such as the Liberty Bell, the Statue of Liberty, and Ellis Island. From the bustling streets of Newark to the picturesque shorelines of Cape May, New Jersey is a state unlike any other. Discover its dynamic culture and rich heritage by visiting iconic landmarks like Liberty State Park and the Ellis Island National Museum of Immigration. And for those seeking knowledge, New Jersey is home to renowned universities like Rutgers University and Princeton University.

Whether you're an outdoor enthusiast or a sports fan, New Jersey has plenty to offer, including the New York Giants (NFL), New York Jets (NFL), New Jersey Devils (NHL), and the New Jersey Nets (NBA). Enjoy the beautiful coastline by fishing, surfing, or sailing, and hit the slopes of nearby mountains. Make sure to visit famous attractions like the Atlantic City Boardwalk, the Camden Waterfront, and the historic town of Cape May.

A state that never stops moving, New Jersey is a melting pot of cultures, experiences, and opportunities waiting to be experienced, making it a great place to call home.

Rental Market Trends

Newark, NJ

As of March 2025, Newark's rental market is highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers. Newark's average rent is 0.7% ($16) higher than the New Jersey average of $2,456 and 38.3% ($684) higher than the U.S. average of $1,788.

Average Rent
$2,472
Monthly ChangeMonth Over Month Change
Decreased1.4% ($34)
Yearly ChangeYear Over Year Change
Increased22.1% ($448)
Avg. Days on MarketAverage Days on Market
21
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $2,093 Increased1.1% ($22) Increased77.7% ($915)
2 Beds $2,678 Increased1.3% ($35) Increased78.1% ($1174)
3 Beds $3,970 Increased1.6% ($61) Increased78.5% ($1746)
Nearby Cities Average Rent Avg. Rent vs. NewarkAverage Rent vs. Newark Avg. Days on MarketAverage Days on Market
Harrison $2,959 Increased19.7% ($487) 29 days
East Orange $2,229 Decreased9.8% ($243) 26 days
Irvington $1,477 Decreased40.3% ($995) 26 days
Kearny $2,469 Decreased0.1% ($3) 28 days
Orange $1,624 Decreased34.3% ($848) 26 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Newark Rental Market FAQs

Explore rental prices, market trends, and availability in Newark, NJ.

The average rent in Newark, NJ is $2,472 per month.
Homes in Newark typically rent for between $1,465 and $5,161 per month, with an average of $2,472 per month.
In Newark, the average rent for a 1-bedroom home is $2,093 per month, for a 2-bedroom home, $2,678 per month, and a 3-bedroom home is $3,970 per month.
The average rent in Newark is 38.3% ($684) higher than the national average of $1,788 per month.
The average rent in Newark has decreased by 1.4% ($34) in the last month and increased by 22.1% ($448) over the past year.
The rental market in Newark, NJ, is currently highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers.
In Newark, NJ, the average rental stays on the market for approximately 21 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 82 rental properties available in Newark, NJ.
Based on the current averages, a household would need an annual income of $107,120 to comfortably afford a 2-bedroom home in Newark.
List Your Property For Rent

Are You a Rental Professional?

Advertise on RentalSource, Zillow, Realtor.com, and Craigslist Newark to attract quality tenants faster and take your listings to the next level.

Was this page helpful?  HelpfulUnhelpful