Legal & Compliance
Respond to a Rent Increase Legally & Strategically
Have you received a rent hike notice? Know your rights, challenge what's unfair, and make the move that protects your money, not your landlord's margins.
•8 min read
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 July 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 3.9% ($95) lower than the New Jersey average of $2,461 and 33.3% ($591) higher than the U.S. average of $1,775.
Average Rent
$2,366
Monthly ChangeMonth Over Month Change
1.3% ($31)
Yearly ChangeYear Over Year Change
3.5% ($86)
Avg. Days on MarketAverage Days on Market
21
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,934 | 2.5% ($49) | 42.9% ($581) |
| 2 Beds | $2,503 | 2.6% ($67) | 44.9% ($776) |
| 3 Beds | $3,760 | 6% ($242) | 47.2% ($1206) |
| Nearby Cities | Average Rent | Avg. Rent vs. NewarkAverage Rent vs. Newark | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Harrison | $2,804 | 18.5% ($438) | 29 days |
| East Orange | $1,971 | 16.7% ($395) | 26 days |
| Irvington | $1,468 | 38% ($898) | 26 days |
| Kearny | $2,617 | 10.6% ($251) | 28 days |
| Orange | $1,863 | 21.3% ($503) | 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 $2,366 per month.
Homes in Newark typically rent for between $1,354 and $4,888 per month, with an average of $2,366 per month.
In Newark, the average rent for a 1-bedroom home is $1,934 per month, for a 2-bedroom home, $2,503 per month, and a 3-bedroom home is $3,760 per month.
The average rent in Newark is 33.3% ($591) higher than the national average of $1,775 per month.
The average rent in Newark has decreased by 1.3% ($31) in the last month and decreased by 3.5% ($86) 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 109 rental properties available in Newark, NJ.
Based on the current averages, a household would need an annual income of $100,120 to comfortably afford a 2-bedroom home in Newark.
