How many apartments are available in Downtown Newark on Rentable.co?

Rentable.co has over 124 apartments available near Downtown Newark.

What is the average rent for a studio apartment in Downtown Newark?

The average rent for a studio apartment near Downtown Newark is around $2,200 per month.

What is the average rent for a one-bedroom apartment in Downtown Newark?

The average rent for a one-bedroom apartment near Downtown Newark is around $2,367 per month.

What is the average rent for a two-bedroom apartment in Downtown Newark?

The average rent for a two-bedroom apartment near Downtown Newark is around $2,606 per month.

How many apartments are available in Newark, NJ on Rentable.co?

Rentable.co has over 2,989 apartments available in Newark.

What is the average rent for a studio apartment in Newark, NJ?

The average rent for a studio apartment in Newark is around $2,200 per month.

What is the average rent for a one-bedroom apartment in Newark, NJ?

The average rent for a <a href='/newark-nj/1-bedroom-apartments-for-rent' >one-bedroom apartment</a> in Newark is around $2,250 per month.

What is the average rent for a two-bedroom apartment in Newark, NJ?

The average rent for a <a href='/newark-nj/2-bedroom-apartments-for-rent' >two-bedroom apartment</a> in Newark is around $2,450 per month.

How expensive is it to rent an apartment in Newark, NJ?

For a two-bedroom apartment in Newark, the average rent price is $2,450 per month, which is higher than the national average of $1,640 per month.

Can I afford an apartment for rent in Newark, NJ?

Based on average rent prices in Newark, to afford a studio apartment you would need an annual household income of $88,000 to live comfortably.

Apartments in Downtown Newark

Newark:
December Rent Report

Welcome to the December 2025 Newark Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2025 key findings and figures for the Newark rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Newark and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Newark average rent prices in the chart below.

Monthly Rent Report

$2,450

$1,840

$1,230

$610

Jan. 2025

Feb. 2025

Mar. 2025

Apr. 2025

May. 2025

Jun. 2025

Jul. 2025

Aug. 2025

Sep. 2025

Oct. 2025

Nov. 2025

Dec. 2025

1 BR 2 BR

Newark Rent Prices Decrease From November to December

Newark rent prices decreased over the last month. From November to December, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Newark one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from November to December, Newark experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Newark two-bedroom apartments currently stands at $.

December Prices: Newark vs. Surrounding Areas

Rent Prices in Newark and Surrounding Areas

Rent prices have decreased in Newark over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Newark suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rents did not increase in any of the Newark suburbs
Rents did not decrease in any of the Newark suburbs.

December 2025 Pricing Trends: Newark vs. National Comparisons

Newark Rent Prices More Affordable Than Major Cities

Rent growth in Newark over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Newark average rent prices appear to be relatively affordable for local residents.

The price for a Newark one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Newark and surrounding area rent prices, take a look at the complete data set below.

Data set for Newark and suburbs

	1 BR December	1 BR M/M % Change	2 BR December	2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.