Apartments for Rent in Newark, NJ

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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 April 2026, 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 9.2% ($223) lower than the New Jersey average of $2,436 and 23.8% ($425) higher than the U.S. average of $1,788.

Average Rent
$2,213
Monthly ChangeMonth Over Month Change
Decreased0.7% ($15)
Yearly ChangeYear Over Year Change
Decreased6.3% ($149)
Avg. Days on MarketAverage Days on Market
21
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,790 Decreased1% ($18) Decreased12.6% ($257)
2 Beds $2,200 Decreased2% ($45) Decreased15.8% ($413)
3 Beds $2,902 Decreased7.2% ($226) Decreased25% ($965)
Nearby Cities Average Rent Avg. Rent vs. NewarkAverage Rent vs. Newark Avg. Days on MarketAverage Days on Market
Harrison $3,011 Increased36.1% ($798) 29 days
East Orange $2,181 Decreased1.4% ($32) 26 days
Irvington $1,961 Decreased11.4% ($252) 26 days
Kearny $2,517 Increased13.7% ($304) 28 days
Orange $1,979 Decreased10.6% ($234) 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 $2,213 per month.
Apartments in Newark typically rent for between $1,253 and $3,773 per month, with an average of $2,213 per month.
In Newark, the average rent for a 1-bedroom apartment is $1,790 per month, for a 2-bedroom apartment, $2,200 per month, and a 3-bedroom apartment is $2,902 per month.
The average rent in Newark is 23.8% ($425) higher than the national average of $1,788 per month.
The average rent in Newark has decreased by 0.7% ($15) in the last month and decreased by 6.3% ($149) 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 169 rental properties available in Newark, NJ.
Based on the current averages, a household would need an annual income of $88,000 to comfortably afford a 2-bedroom apartment in Newark.
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