384

Newark, NJ Condos for Rent

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  • /8

    $3,200 Per Month

    • 2 Beds
    • 2.5 Baths
    • 1,465 Sq Ft
    • Condo for Rent

    9 Seton Hall Dr, Newark, NJ 07103

    This unit was renovated in 2020 with new windows, washer/dryer, tile, vanities, new plank flooring on the first floor. The spacious primary bedroom features walk in closet and private bathroom. Convenient laundry room located on same level as the bedrooms. Society Hill features amenities include outdoor swimming pool, tennis courts, 24 hour security, clubhouse and playground area. Great location

    Agent Photo

    Mary Ann Sgobba

    NJ REALTY CENTER

    (201) 596-6083

    9 Seton Hall Dr, Newark, NJ 07103
  • /21

    $3,300

    Total Monthly Price

    • 4 Beds
    • 3 Baths
    • 2,200 Sq Ft
    • Condo for Rent

    35 Woodside Place Unit Second floor, Newark, NJ 07104

    35 Woodside Place Unit Second floor, Newark, NJ 07104
  • /18

    $2,450 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    111 Mulberry St Unit 3p, Newark, NJ 07102

    Available immediately, Well maintained, new hardwood flooring, new painting,2 Br 3rd floor condo with access by elevators . Club House.Car Valet Parking. Gym Facilities at no extra cost.across the street to enter for Newark Penn Station. Located next to Prudential Arena. Large corner Condo 1038sqft. Must have good credit. NO pets. Brand new refrigerator and washer/dryer. You MUST call Listing

    Agent Photo

    Mahesh Swali

    KELLER WILLIAMS ELITE REALTORS

    (862) 282-1764

    111 Mulberry St Unit 3p, Newark, NJ 07102
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    $2,600

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,200 Sq Ft
    • Condo for Rent

    111 Mulberry St Unit 4W, Newark, NJ 07102

    Spacious 2b2b condo unit inside of Renaissance Towers at the heart of Downtown Newark. Walking distance to Newark Penn Station, Rutgers Newark, Seton Hall Law School, Prudential Center, NJPAC, Whole Foods, Iron Bound and etc.Features:-Full Size Appliances (Entire New kitchen appliances, New AC units, etc)-Newly renovated bathrooms, new flooring-In house washer and

    (862) 350-0058

    111 Mulberry St Unit 4W, Newark, NJ 07102
  • /8

    $1,950 Per Month

    • 2 Beds
    • 1 Bath
    • 1,166 Sq Ft
    • 144-146 Mapes Avenue, 3

    144-146-146 Mapes Ave Unit 3, Newark, NJ 07112

    Welcome to your new home in the vibrant Weequahic district of Newark, NJ! This charming property offers a comfortable living space, perfect for anyone seeking a blend of convenience and community. Key property features include a well-designed layout with spacious bedrooms and bathrooms, providing an inviting atmosphere for both relaxation and entertainment. Enjoy the benefits of central

    144-146 Mapes Avenue, 3

    (862) 412-1297

    144-146-146 Mapes Ave Unit 3, Newark, NJ 07112
  • /5

    $1,750 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    333 Park Ave Unit 33343, Newark, NJ 07107

    Property Id: 2581161Spacious Renovated 2BR / 1BA apartment in Newark, NJ | Available NowSpacious and fully renovated 2-bedroom, 1-bathroom apartment available now in Newark, NJ. This modern unit features a bright, open layout with high-end finishes and plenty of natural light ideal for comfortable, everyday living.Highlights Include:-Renovated granite kitchen with new

    (862) 640-1540

    333 Park Ave Unit 33343, Newark, NJ 07107
  • /9

    $1,275 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    103 Chancellor Ave Unit A51, Newark, NJ 07112

    Property Id: 2619303Discover a place that feels instantly welcoming at 103 Chancellor Ave, Unit A51. This charming 1-bedroom, 1-bathroom apartment offers a bright and comfortable living experience with large windows that fill the space with natural light and beautiful hardwood floors that add warmth and character throughout. Thoughtfully designed for everyday living, the layout provides

    (201) 616-7286

    103 Chancellor Ave Unit A51, Newark, NJ 07112
  • /5

    $1,500 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    684 Summer Ave Unit 4, Newark, NJ 07104

    Property Id: 2570635684 Summer Ave, Newark, NJThis is a beautiful 1 bedroom, 1 bathroom apartment featuring hardwood-style flooring, bright natural light, and a clean modern layout throughout the home.The apartment includes a functional kitchen with updated cabinetry, modern countertops, refrigerator, and ample cabinet space that gives the home a clean contemporary feel.

    (848) 301-1477

    684 Summer Ave Unit 4, Newark, NJ 07104
  • /9

    $1,695 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    204-206-206 N 7th St Unit B2, Newark, NJ 07107

    Property Id: 2569931204-206 N 7th St, Newark, NJWelcome to this updated 1 bedroom, 1 bathroom apartment featuring a clean modern design, bright interiors, and an open layout perfect for comfortable living.This apartment offers a spacious kitchen with ample cabinet space, modern appliances, and sleek countertops, along with a refrigerator and stove included. The open floor

    (848) 301-1655

    204-206-206 N 7th St Unit B2, Newark, NJ 07107
  • /6

    $1,650 Per Month

    • 1 Bed
    • 1 Bath
    • 550 Sq Ft
    • Condo for Rent

    339 Grafton Ave Unit 1BR, Newark, NJ 07104

    Property Id: 1811646RENOVATED COZY 1 BEDROOM FOREST HILLS CONDOS BORDER BLOOMFIELD & BELLEVILLE NJ!Property Move In Requirements:1. Monthly Income of at least 2.5X the rent After taxes.2. No Prior Tenancy Evictions or Landlord/Tenant Late Rent Filings on your record whatsoever3. Credit of 600+4. W2 from end of last year

    (862) 701-9205

    339 Grafton Ave Unit 1BR, Newark, NJ 07104
  • /7

    $1,749 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    9 Fabyan Place Unit 3C, Newark, NJ 07108

    Property Id: 2535081Welcome to your new home at 9 Fabyan PL in Newark, NJ! This charming 1-bedroom, 1-bathroom apartment is available starting 2026-05-15 for $1749/month. Enjoy hardwood floors, a secure building, and shared washer/dryer. Utilities included are sewage, water, and garbage. Smoking allowed outside. Sorry, no pets allowed. Don't miss out on this cozy unit with modern

    (862) 701-1686

    9 Fabyan Place Unit 3C, Newark, NJ 07108
  • /8

    $2,550 Per Month

    • 3 Beds
    • 1 Bath
    • 1,200 Sq Ft
    • Condo for Rent

    654 S 12th St Unit 1, Newark, NJ 07103

    Property Id: 2513350Welcome to 654 south 12 st the until welcome you with an open floor plan it’s very sleek and modern it has stainless steel appliances the bedrooms are very spacious and it’s conveniently located to all major highways close to the hospitals in an upcoming neighborhood. Don’t miss out. ?

    (201) 806-6601

    654 S 12th St Unit 1, Newark, NJ 07103
  • /7

    $2,050 Per Month

    • 4 Beds
    • 1 Bath
    • Condo for Rent

    745 S 18th St Unit 1R, Newark, NJ 07103

    Property Id: 2570948745 S 18th St, Newark, NJThis is a spacious 4 bedroom, 1 bathroom apartment featuring bright hardwood-style floors, large windows, and a clean modern layout throughout the home.The apartment includes an updated kitchen with dark wood cabinetry, stainless steel appliances, modern countertops, and plenty of cabinet space that gives the area a fresh

    (848) 301-2155

    745 S 18th St Unit 1R, Newark, NJ 07103
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    $1,500 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    323 Park Ave Unit 14-22-9, Newark, NJ 07107

    Property Id: 2581042Beautiful Renovated 1-Bedroom Apartment in NewarkWelcome to this bright and newly renovated 1-bedroom, 1-bath apartment located in Newark's convenient Lower Roseville neighborhood. This well-maintained unit features hardwood flooring, granite countertops, updated appliances, and plenty of windows that fill the space with natural light. Enjoy a clean, modern

    (862) 465-8127

    323 Park Ave Unit 14-22-9, Newark, NJ 07107
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    $1,749 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    1 Mapes Ave Unit 3D, Newark, NJ 07112

    Property Id: 2535069Welcome to your new home at 1 Mapes Ave in Newark, NJ! This cozy 1-bedroom, 1-bathroom unit is available. Enjoy the convenience of included utilities and modern amenities like a freezer, oven, and washer/dryer. Don't miss out on this secure and accessible apartment for $1749/month. Smoke outside only and sorry, no pets allowed. Contact us now for a showing!

    (862) 701-0763

    1 Mapes Ave Unit 3D, Newark, NJ 07112
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    $4,930 Per Month

    • 3 Beds
    • 2 Baths
    • 1,476 Sq Ft
    • Condo for Rent

    65 Mcwhorter St Unit 114, Newark, NJ 07105

    Landing is a top-rated, fully furnished apartment network with thousands of homes across 250+ U.S. cities. With premium amenities, a mobile app to manage your stay, and 24/7 support. Our apartments have everything you need for monthly and longer stays. 6-Month+ Stay base rent: starts at $4886/mo12-Month+ Stay base rent: starts at $4930/moLanding's apartments at Iron65 are designed

    (862) 343-8344

    65 Mcwhorter St Unit 114, Newark, NJ 07105
  • /4

    $925 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    109 Vassar Ave Unit PRIVATE Room ONLY Shared, Newark, NJ 07112

    Property Id: 2462441One large roomçvçmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmnmnnnnnnnnnnnnnnnnnnnnnnnnmnmmmnmnnnnnnnnnnnnnnnnnn

    (862) 972-4737

    109 Vassar Ave Unit PRIVATE Room ONLY Shared, Newark, NJ 07112
  • /6

    $1,450 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    748 S 16th St Unit 3, Newark, NJ 07103

    Property Id: 2567741748 S 16th St, Newark, NJThis is a beautiful 1 bedroom, 1 bathroom apartment featuring dark hardwood-style flooring, high ceilings, and a bright modern layout that feels both comfortable and stylish.The apartment includes a modern kitchen with stainless steel appliances, updated cabinetry, and great counter space. Spacious bedroom and living area with

    (848) 301-2958

    748 S 16th St Unit 3, Newark, NJ 07103
  • /10

    $1,250 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    13 Voorhees St Unit Shared Apartment (2nd FL), Newark, NJ 07108

    Property Id: 2398272Welcome to your new home at 13 Voorhees Street in Newark, NJ! This coz apartment that is being rented BY ROOMS and is available starting March 1, 2026. With modern amenities like a dishwasher, washer/dryer in unit, and central air, you'll love living here. Rent includes electricity, gas, internet, and water. No pets or smoking allowed. Don't miss out on this gem for

    (862) 397-7928

    13 Voorhees St Unit Shared Apartment (2nd FL), Newark, NJ 07108
  • /7

    $2,095 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    111 Lincoln Ave Unit 6A, Newark, NJ 07104

    Property Id: 2570652111 Lincoln Ave, Newark, NJ 07104This is a beautiful 2 bedroom, 1 bathroom apartment featuring modern flooring, bright natural light, and a spacious updated layout throughout the home.The apartment includes a stunning modern kitchen with dark cabinetry, sleek countertops, updated appliances, and a large breakfast bar that opens perfectly into the living

    (551) 253-6807

    111 Lincoln Ave Unit 6A, Newark, NJ 07104
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    $2,500 Per Month

    • 3 Beds
    • 1 Bath
    • Condo for Rent

    192 Scheerer Ave Unit 2, Newark, NJ 07112

    Property Id: 1988137Totally renovated second-floor 3-bedroom apartment featuring hardwood floors throughout and a bright, sunny layout. This spacious home offers a large living room, separate dining room, and three comfortable bedrooms. The apartment is heated by forced hot air and has been updated throughout, offering a clean and modern feel.Lease Terms1-year lease preferred.

    (862) 298-4200

    192 Scheerer Ave Unit 2, Newark, NJ 07112
  • /7

    $2,195 Per Month

    • 3 Beds
    • 1 Bath
    • Condo for Rent

    50 Halsted St Unit 2, Newark, NJ 07106

    Property Id: 258044150 Halsted St, Newark, NJWelcome to this bright and refreshed 3 bedroom, 1 bathroom apartment featuring large sun-filled rooms, light flooring, and a comfortable open layout throughout the home.The apartment includes an updated kitchen with white cabinetry, modern appliances, stylish countertops, and plenty of cabinet storage. Oversized windows

    (848) 301-2069

    50 Halsted St Unit 2, Newark, NJ 07106
  • /6

    $1,700 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    9 Kenmore Ave Unit 3, Newark, NJ 07106

    Property Id: 25804919 Kenmore Ave, Newark, NJ 07106Welcome to this beautifully updated 2 bedroom, 1 bathroom apartment featuring modern gray flooring, oversized windows, and a bright open feel throughout the home.The apartment offers spacious living areas with great natural sunlight, clean modern walls, and an inviting layout that makes the space feel comfortable and airy.

    (848) 301-2275

    9 Kenmore Ave Unit 3, Newark, NJ 07106
  • /9

    $1,575 Per Month

    • 1 Bed
    • 1 Bath
    • 550 Sq Ft
    • Condo for Rent

    116 Garside St Unit 1F, Newark, NJ 07104

    Available July 1st. No Broker's Fee & All Utilities Included! Updated 1 Bedroom Apartment in Northern Section of Newark. Apartment features open layout kitchen/ living room area, one full bath and one bedroom. Communal coin-operated washer & dryer in the basement. Close to public transportation and only 1.3 miles from the Bloomfield light rail station. Short distance away from Routes 21,

    (201) 479-9712

    116 Garside St Unit 1F, Newark, NJ 07104
  • /5

    $1,550 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    125 Osborne Terrace Unit 125-17, Newark, NJ 07108

    Property Id: 2583865Beautiful Renovated 2-Bedroom Apartment in NewarkWelcome to this bright and updated 2-bedroom, 1-bath apartment located in Newark's Upper Clinton Hill neighborhood. This well-maintained home features hardwood flooring, granite countertops, modern kitchen appliances, and large windows that provide plenty of natural light throughout the space. Enjoy a comfortable

    (201) 500-2771

    125 Osborne Terrace Unit 125-17, Newark, NJ 07108
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    $2,500 Per Month

    • 3 Beds
    • 2 Baths
    • 1,500 Sq Ft
    • 131-133 Huntington Terrace, 1st floor apt

    131-133-133 Huntington Terrace Unit 1st floor apt, Newark, NJ 07112

    Welcome to your new home in the vibrant Weequahic district of Newark, NJ! This inviting property offers a comfortable living experience in a community rich with amenities and nearby attractions.This spacious property features a well-designed interior, providing ample room for relaxation and enjoyment. With access to various nearby restaurants and department stores, you will never be far

    131-133 Huntington Terrace, 1st floor apt

    (201) 345-6316

    131-133-133 Huntington Terrace Unit 1st floor apt, Newark, NJ 07112
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    $2,350 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    56 Brill St Unit 5, Newark, NJ 07105

    Property Id: 2283048Recently constructed unit with a like-new condition (only two prior tenants). Features an updated kitchen with appliances included and a laundry room with washer/dryer hookups (tenant provides machines).Prime North Ironbound location with easy access to major highways, NYC routes, and Newark Penn Station. Close to shopping, dining, and public

    (848) 235-7543

    56 Brill St Unit 5, Newark, NJ 07105
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    $1,749 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    505 Elizabeth Ave Unit 6B, Newark, NJ 07112

    Property Id: 2534538Welcome to your new home at 505 Elizabeth Ave in Newark, NJ! This charming 1 bed, 1 bath apartment is available on 7/1/2026 for $1749/month. Enjoy hardwood floors, secure building, and shared washer/dryer. Utilities included are sewage, water, and garbage. No pets allowed. Don't miss out on this gem!

    (862) 404-1123

    505 Elizabeth Ave Unit 6B, Newark, NJ 07112
  • /5

    $1,749 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    6 Pomona Ave Unit 4G, Newark, NJ 07112

    Property Id: 2571245Welcome to this charming 1 bedroom, 1 bathroom apartment in the heart of Newark, NJ. This unit features hardwood floors, secure building with security cameras, and shared washer/dryer. Rent includes sewage, water, and garbage. Close to amenities with a rent of $1749. Don't miss out on this cozy living space!

    (862) 404-1217

    6 Pomona Ave Unit 4G, Newark, NJ 07112
  • /9

    $2,650 Per Month

    • 3 Beds
    • 2 Baths
    • 1,262 Sq Ft
    • Condo for Rent

    499 S 18th St Unit 1, Newark, NJ 07103

    Property Id: 945409499 S. 18th Street, Newark, NJAvailable July 15, 2026.3-bedroom, 2-bathroom first-floor apartment with an open kitchen and living room layout. Tenant pays all utilities. Street parking only. No laundry facilities.Rent: $2,650/monthSecurity Deposit: $2,6502 parking spots available for additional $200/month Requirements: Proof

    (551) 277-4253

    499 S 18th St Unit 1, Newark, NJ 07103
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    $2,750 Per Month

    • 3 Beds
    • 2 Baths
    • Condo for Rent

    144 Huntington Terrace Unit 2L, Newark, NJ 07112

    Property Id: 2580966Welcome to your new home at 144 Huntington Ter in Newark, NJ! This apartment features modern amenities including a microwave, refrigerator, washer, and dryer. Hardwood and tile flooring, forced air heating, and off-street parking add to the convenience. In unit laundry is available for your comfort. Rent is $2750/month with sewage, water, and garbage included. Small

    (862) 343-5927

    144 Huntington Terrace Unit 2L, Newark, NJ 07112
  • /5

    $1,500 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    333 Park Ave Unit 3334, Newark, NJ 07107

    Property Id: 2581092Renovated 1-Bedroom Apartment in Newark Move-In ReadyWelcome to this bright and comfortable 1-bedroom, 1-bath apartment located in Newark's Lower Roseville neighborhood. This well-maintained unit offers a spacious layout with abundant natural light, hardwood flooring, and a functional living space designed for everyday comfort. The apartment provides easy

    (862) 429-2452

    333 Park Ave Unit 3334, Newark, NJ 07107
  • /8

    $2,195 Per Month

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • Condo for Rent

    556 Market St Unit 2B, Newark, NJ 07105

    Property Id: 2425023Welcome to 556 Market St. This 700 sqft 1-bedroom is located in a prime and desirable area. As you enter, you'll be greeted by an open and modern design kitchen. The kitchen features granite countertops providing a sleek and stylish look. It is equipped with a microwave and dishwasher. The apartment offers plenty of closet space, providing ample

    (862) 418-1741

    556 Market St Unit 2B, Newark, NJ 07105
  • /5

    $1,749 Per Month

    • 2 Beds
    • 1 Bath
    • 850 Sq Ft
    • Condo for Rent

    166 Chancellor Ave Unit 1, Newark, NJ 07112

    Property Id: 2350040SECTION 8 WELCOME! GET A 2 BEDROOM FOR A 1 BEDROOM VOUCHER!COME GRAB THIS AMAZING DEAL TODAY!!!ONLY FOR SECTION 8 VOUCHER HOLDERS!!

    (862) 701-9392

    166 Chancellor Ave Unit 1, Newark, NJ 07112
  • /10

    $2,450 Per Month

    • 4 Beds
    • 1 Bath
    • Condo for Rent

    381 Leslie St Unit 2, Newark, NJ 07112

    Property Id: 2584851381 Leslie St, Newark, NJWelcome to this roomy 4 bedroom, 1 bathroom apartment featuring updated flooring, oversized windows, and a bright comfortable layout throughout the home.The apartment offers generously sized bedrooms with excellent natural sunlight, clean modern paint tones, and spacious living areas that create an open airy feel throughout the

    (848) 301-2391

    381 Leslie St Unit 2, Newark, NJ 07112
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    $2,249 Per Month

    • 2 Beds
    • 1 Bath
    • 830 Sq Ft
    • Condo for Rent

    501 Central Ave Unit 2C, Newark, NJ 07107

    Property Id: 2428129Welcome to your new home at 501 Central Avenue, Newark!This charming 2-bedroom, 1-bathroom apartment offers more than just a place to stay—it's a lifestyle of elegance and sophistication. From the rich finishes to the meticulously curated details, every inch of this home has been designed for your comfort.Why You’ll Love It:Modern Convenience:

    (551) 244-7277

    501 Central Ave Unit 2C, Newark, NJ 07107
  • /6

    $1,850 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    413 Summer Ave Unit 3, Newark, NJ 07104

    Property Id: 2611645413 Summer Ave, Newark, NJWelcome to this inviting 2 bedroom, 1 bathroom apartment offering updated interiors, bright living spaces, and a practical layout designed for comfortable everyday living. Neutral paint colors, attractive wood-style flooring, and oversized windows create a warm and airy feel throughout the home.The kitchen features modern

    (848) 301-1650

    413 Summer Ave Unit 3, Newark, NJ 07104
  • /7

    $2,150 Per Month

    • 3 Beds
    • 1 Bath
    • Condo for Rent

    415 13th Ave Unit 1, Newark, NJ 07103

    Property Id: 2608785415 13th Ave, Newark, NJWelcome home to this renovated 3 bedroom, 1 bathroom apartment offering a comfortable layout and modern updates throughout. Fresh neutral paint, beautiful hardwood flooring, and large windows create a bright and inviting living environment.The updated kitchen features white cabinetry, modern countertops, ample cabinet storage,

    (848) 301-1508

    415 13th Ave Unit 1, Newark, NJ 07103
  • /5

    $1,400 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    653 Summer Ave Unit 9, Newark, NJ 07104

    Property Id: 2570631653 Summer Ave, Newark, NJThis is a beautiful 1 bedroom, 1 bathroom apartment featuring updated flooring, bright natural light, and a clean modern layout throughout the home.The apartment includes a renovated kitchen with dark wood cabinetry, modern countertops, refrigerator, stove, and plenty of cabinet space that gives the apartment a sleek

    (848) 301-2364

    653 Summer Ave Unit 9, Newark, NJ 07104
  • /13

    $2,983 Per Month

    • 1 Bed
    • 1 Bath
    • 655 Sq Ft
    • Condo for Rent

    65 Mcwhorter St Unit 1108, Newark, NJ 07105

    Landing is a top-rated, fully furnished apartment network with thousands of homes across 250+ U.S. cities. With premium amenities, a mobile app to manage your stay, and 24/7 support. Our apartments have everything you need for monthly and longer stays. 6-Month+ Stay base rent: starts at $2956/mo12-Month+ Stay base rent: starts at $2983/moLanding's apartments at Iron65 are designed

    (862) 307-9068

    65 Mcwhorter St Unit 1108, Newark, NJ 07105

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Frequently Asked Questions

How much does it cost to rent a condo in Newark, NJ?
The median rent for a condo in Newark, NJ is $2,095 per month, though prices vary by neighborhood, size, and property type. As of June 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Newark, NJ?
To comfortably afford the median rent in Newark, NJ, a household needs to earn roughly $88,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,200 per month in Newark, NJ, renters typically need to show $6,600 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Newark, NJ?
In Newark, NJ, the price-to-rent ratio is 15.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Newark, NJ are best for renting a condo?
The best neighborhood for renting in Newark, NJ depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Springfield-Belmont, South Broad Valley, University Heights, Downtown Newark and Clinton Hill, each with its own character and price range.

Condo Rental Trends in Newark, NJ

Rental Home Trends

Number of Condos for Rent
355
Median Condo Rent
$2,095
Median 1 Bedroom Condo Rent
$1,625
Median 2 Bedroom Condo Rent
$1,950
Median 3 Bedroom Condo Rent
$2,300
How to Rent a Home