Apartments in 07103

1 - 8 of 8 Results
5
$1,310 - 2,695
145 Court St Newark, NJ
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
In Unit Laundry
5
$2,250
253 S 7th St Unit 2 Newark, NJ
4 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
8
$2,150
Newark, NJ
3 BR | Available Now
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Dog Friendly
Cat Friendly
Section 8
8
$2,200
Newark, NJ
3 BR | Available Now
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Dog Friendly
Cat Friendly
Section 8
12
$2,150
Newark, NJ
3 BR | Available Now
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Dog Friendly
Cat Friendly
Section 8
Surface Parking
8
$2,100
Newark, NJ
3 BR | Available Now
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Dog Friendly
Cat Friendly
Section 8
Fitness Center
Springfield Belmont
19
$2,195
Newark, NJ
1 BR | May. 10, 2024
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Dog Friendly
Cat Friendly
Surface Parking
Fitness Center
Storage
7
$2,150
Newark, NJ
3 BR | Available Now
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Dog Friendly
Cat Friendly
Section 8
Seventh Avenue
1 - 8 of 8 Results
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How much does it cost to rent an apartment in 07103?

07103 apartments
Bed Type Average Rent Range
1BR $1,310 $1,310 - $2,070
2BR $2,700 $1,570 - $2,700
3BR $2,150 $1,810 - $2,200
Find an Apartment in 07103
Looking for apartments for rent in the 07103 zip code in Newark, NJ? Rentable has a variety of options available for you to choose from. Currently, there are 7 units available for rent in this area. The average rent in 07103 is $2,150, with 3-bedroom units starting at $2,100.

One of the top neighborhoods in 07103 is Springfield, known for its vibrant community and convenient location. Another popular neighborhood is Belmont, which offers a combination of residential tranquility and easy access to nearby amenities.

If you enjoy spending time outdoors, you'll be pleased to know that there are several parks and green spaces near the 07103 area. These include Weequahic Park, a beautiful park with a lake, golf course, and walking trails. Additionally, Riverfront Park and Branch Brook Park are just a short distance away, providing great options for recreational activities and relaxation.

Searching for apartments near 07103 in Newark, NJ? Look no further than Rentable! Explore our listings and find the perfect apartment that meets your needs and preferences. Take advantage of the variety of options available and make your next rental experience a smooth and enjoyable one.

Newark:
April Rent Report

Welcome to the April 2024 Newark Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 2024 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

$2,300
$1,730
$1,150
$580
$0
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR       2 BR

Newark Rent Prices Increase From March to April

Newark rent prices increased over the last month. From March to April, the city experienced a 2.18% increase for the price of a one-bedroom apartment. The rent price for a Newark one-bedroom apartments currently stands at $1,548.0.

When we take a look at the two-bedroom comparison from March to April, Newark experienced a 0.4% increase for the price of a two-bedroom apartment. The rent price for a Newark two-bedroom apartments currently stands at $1,754.0.

April Prices: Newark vs. Surrounding Areas

Rent Prices in Newark and Surrounding Areas

Rent prices have increased 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.

April 2024 Pricing Trends: Newark vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Newark Rent Prices More Affordable Than Major Cities

Rent growth in Newark over the past year has been on the rise. 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 April 1 BR M/M % Change 2 BR April 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.