1,696

Newark, NJ Homes for Rent

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  • /54

    Starting at $1,730 Per Month

    • Studio - 2 Beds

    1213-1221 Broad St, Newark, NJ 07114

    Step into a residence where space is perfected for luxury living. Expansive, open-concept design is bathed in natural light, magnified by soaring ceilings and walls of floor-to-ceiling glass. The brilliant layout ensures a seamless flow between rooms. Entertain guests who will be captivated by the stunning city views and delighted by the built-in luxury amenities.

    Nova by Gomes

    (862) 343-8601

    1213-1221 Broad St, Newark, NJ 07114
  • /10

    $2,000 Per Month

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • Apartment for Rent

    45 Highland Ave Unit 1, Newark, NJ 07104

    Beautifully renovated 2-bedroom apartment available for rent in a very desirable section of Newark close to Branch Brook Park. This first-floor unit features a convenient layout with beautiful finishes. The kitchen features stainless steel appliances and a granite countertop. Conveniently situated within walking distance to local business, parks, shopping, dining, and transportation to NYC. Won't

    Agent Photo

    Giselle Ortega

    KELLER WILLIAMS PARK VIEWS

    (862) 972-3997

    45 Highland Ave Unit 1, Newark, NJ 07104
  • /70

    Starting at $2,150 Per Month

    • 1 - 3 Beds

    440 Elizabeth Ave, Newark, NJ 07112

    Welcome home to Cosmo440, where sophisticated living meets the pinnacle of comfort and style in the heart of Newark, NJ. Just minutes from Newark Airport and completely pet friendly, this premier residential destination offers an unparalleled experience through its brand new, luxury apartments that redefine modern living. Each of our 1,2 and 3 bedroom apartments feature upgraded amenities

    Cosmo440 Luxury Apartments

    (862) 350-0299

    440 Elizabeth Ave, Newark, NJ 07112
  • /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
  • /33

    Starting at $2,000 Per Month

    • 1 - 2 Beds

    58-84 Norfolk St, Newark, NJ 07103

    At Envy, you don't just live — you experience a lifestyle defined by unparalleled elegance and sophistication. From the moment you step inside, you can feel the difference. Every detail, from the rich, opulent finishes to the meticulously curated exclusive amenities, has been carefully chosen to provide you with an atmosphere of sumptuous comfort and refined luxury. Here, the art of living well

    Envy by Gomes

    (862) 343-8990

    58-84 Norfolk St, Newark, NJ 07103
  • /2

    $1,950 Per Month

    • 2 Beds
    • 1 Bath
    • Apartment for Rent

    47 Milford Ave Unit 6, Newark, NJ 07108

    47 Milford Ave offers a roomy and bright renovated apartment featuring an open living area, 2 bedrooms with generously sized closets, and beautiful hardwood flooring throughout. The unit includes a newly updated kitchen with modern appliances and a renovated bathroom with clean, contemporary finishes. Conveniently located near NJ Transit bus lines, shopping centers, local amenities, universities,

    Agent Photo

    Jazmine Clausen-Soir

    BHGRE ELITE

    (201) 817-6017

    47 Milford Ave Unit 6, Newark, NJ 07108
  • /53

    Starting at $1,875 Per Month

    • Studio - 2 Beds

    50-54 Sussex Ave, Newark, NJ 07103

    Welcome to Hoyt Tower on the corner of luxury and sophistication!Spanning 15 stories, Hoyt Tower is located in one of Newark's most trending neighborhoods, University Heights. Offering unparalleled studio, one, and two-bedroom units, you are sure to find your urban sanctuary. Using contemporary craftsmanship, flowing floor plans, and enhanced Italian design finishes, Hoyt residences are the

    Hoyt Tower

    (973) 755-9115

    50-54 Sussex Ave, Newark, NJ 07103
  • /5

    $1,650 Per Month

    • 2 Beds
    • 1 Bath
    • Apartment for Rent

    21 Tillinghast St Unit 3, Newark, NJ 07108

    Agent Photo

    Tonya Keyes

    KEYES RED DOOR REALTY & ASSOC LLC

    (201) 676-9012

    21 Tillinghast St Unit 3, Newark, NJ 07108
  • /46

    Starting at $2,366 Per Month

    • Studio - 2 Beds

    930 McCarter Hwy, Newark, NJ 07102

    PARQ930 isn’t just on Newark’s waterfront, it is Newark’s waterfront. This is where the tranquil rhythm of the Passaic meets the electric pulse of a city on the tipping point of its most extraordinary moment. And our 25-story oasis is the only place where you don’t just witness Newark’s finest hour—you make it happen. Where 30,000 square feet of amenities feels like a club—spaces to gather,

    PARQ 930

    (862) 772-7051

    930 McCarter Hwy, Newark, NJ 07102
  • /9

    $1,712 Per Month

    • 1 Bed
    • 1 Bath
    • Apartment for Rent

    475 Clinton Ave Unit 3, Newark, NJ 07108

    Quality and Convenience. Granite counters, tile bath, newer appliances. I am near the major transit lines and walk-able to everything in the Clinton Hills area. I am a nice apartment located right across from the Police Precinct and near all the new cultural, dining and school and public service spaces. If you want a nice one bedroom, with access to a an area to garden, pet space, rooftop deck,

    Agent Photo

    Stephen Buch

    YALE KENT, LLC.

    (201) 389-2751

    475 Clinton Ave Unit 3, Newark, NJ 07108
  • /117

    Starting at $2,190 Per Month

    • 1 - 2 Beds

    2 Spring St, Newark, NJ 07104

    1 Month Free on a 14-Month Lease on Select Units!At Spring Street Commons, residents enjoy a lifestyle of convenience and luxury. Our rooftop lounge offers stunning city views, perfect for relaxation or social gatherings. The state-of-the-art fitness center is equipped to meet all your workout needs, while the modern business center provides a quiet space for productivity. To ensure your packages

    Spring Street Commons

    (201) 430-7753

    2 Spring St, Newark, NJ 07104
  • /15

    $2,500 Per Month

    • 3 Beds
    • 2 Baths
    • Apartment for Rent

    44 1/2 3rd St Unit 2, Newark, NJ 07107

    Welcome to this spacious 3-bedroom duplex apartment offering comfort, functionality, and a convenient location in Newark. This thoughtfully designed home features two full bathrooms and a flexible layout ideal for modern living. The first level includes a private primary suite with its own full bathroom, providing comfort and separation from the rest of the home. Upstairs, you'll find two

    Agent Photo

    Tonya Keyes

    Keyes Red Door & Associates, LLC

    (201) 809-3078

    44 1/2 3rd St Unit 2, Newark, NJ 07107
  • /78

    Starting at $2,225 Per Month

    • Studio - 2 Beds

    55 Union St, Newark, NJ 07105

    Welcome home to the brand new studio, one and two bedroom homes of 55 Union; a residential collection crafted to deliver all the luxury conveniences you crave, with a focus on sustainability, comfort, and holistic city living.

    55 Union

    (908) 275-8257

    55 Union St, Newark, NJ 07105
  • /11

    $2,900 Per Month

    • 4 Beds
    • 1.5 Baths
    • Apartment for Rent

    142 Johnson Ave Unit 1, Newark, NJ 07108

    Spacious 4 Bedroom, 2 Bathroom Apartment. Don't miss this first-floor unit offering plenty of space and comfort in a convenient Newark location. This apartment features lots of windows for natural lighting, making the home feel bright and welcoming throughout. Enjoy the convenience of driveway parking and easy access to public transportation, perfect for commuters. Located near Shabazz High

    Agent Photo

    Jessica Garcia

    KELLER WILLIAMS CITY VIEWS REALTY

    (862) 640-0990

    142 Johnson Ave Unit 1, Newark, NJ 07108
  • /44

    Starting at $2,063 Per Month

    • Studio - 2 Beds

    540 Broad St, Newark, NJ 07102

    Schedule a virtual or in-person presentation with us today to experience a world of simple elegance and timeless design. The residences at Walker House are a cultivated blend of sophistication and serenity offering spacious studio, 1, 2, and 3-bedroom layouts built to inspire and delight. Expansive windows, designer kitchens, custom appointments and an unsurpassed attention to the creature

    Walker House

    (862) 292-9015

    540 Broad St, Newark, NJ 07102
  • /22

    $3,700 Per Month

    • 5 Beds
    • 2 Baths
    • Apartment for Rent

    44 Farley Ave Unit 1, Newark, NJ 07108

    44-46 Farley Ave offers a spacious 5-bedroom, 2-bath apartment featuring a large and bright living area, a functional kitchen with ample cabinet space, and generously sized bedrooms with plenty of natural light throughout. The layout provides flexibility for a variety of living needs, with two full bathrooms adding convenience and comfort. Conveniently located near public transportation, shopping

    Agent Photo

    Jazmine Clausen-Soir

    BHGRE ELITE

    (862) 407-6496

    44 Farley Ave Unit 1, Newark, NJ 07108
  • /45

    Starting at $2,287 Per Month

    • 1 - 2 Beds

    42-50 Vesey St, Newark, NJ 07105

    Welcome to CENTURION IRONBOUND, where luxury living meets the vibrant spirit of revitalized Newark. Discover our brand-new residences with beautifully finished interiors, lofty nine-foot ceilings, spacious walk-in closets, and more.This brand-new home comes fitted with a gas range stove, slate appliances, an in-home washer and dryer, and smart technology keyless doors.Step inside

    CENTURION IRONBOUND

    (908) 356-7020

    42-50 Vesey St, Newark, NJ 07105
  • /12

    $2,500 Per Month

    • 3 Beds
    • 2 Baths
    • 1,400 Sq Ft
    • Apartment for Rent

    44 1/2 3rd St, Newark, NJ 07107

    Welcome to this spacious 3-bedroom duplex apartment offering comfort, functionality, and a convenient location in Newark. This thoughtfully designed home features two full bathrooms and a flexible layout ideal for modern living. The first level includes a private primary suite with its own full bathroom, providing comfort and separation from the rest of the home. Upstairs, you'll find two

    Agent Photo

    Tonya Keyes

    KEYES RED DOOR REALTY & ASSOC LLC

    (201) 252-4810

    44 1/2 3rd St, Newark, NJ 07107
  • /71

    Starting at $2,014 Per Month

    • 1 - 2 Beds

    10 Commerce Ct, Newark, NJ 07102

    Experience Elevated Urban Living at Newark's Newest Luxury Mid-Rise. Welcome to The Mercer: a refined blend of industrial chic & modern comfort in the heart of Newark, NJ. This luxury mid-rise community redefines city living with spacious layouts, soaring ceilings, & striking exposed concrete accents that create an unmistakably upscale, urban aesthetic. Each beautifully designed residence

    The Mercer

    (862) 307-9117

    10 Commerce Ct, Newark, NJ 07102
  • /29

    $2,850 Per Month

    • 4 Beds
    • 1 Bath
    • Apartment for Rent

    27 Cleveland Ave Unit 29, Newark, NJ 07106

    Bright and spacious 4-bedroom home spread across 2 floors, featuring beautiful hardwood floors, fresh paint, and a brand-new modern bathroom. In addition to a dedicated office space, the home offers a large kitchen, a spacious pantry, separate living and dining rooms, and plenty of natural sunlight throughout. Two of the bedrooms are oversized (11x15), providing extra comfort and space.

    Agent Photo

    Yolie Dantel

    KELLER WILLIAMS CITY LIFE REALTY

    (862) 972-4544

    27 Cleveland Ave Unit 29, Newark, NJ 07106
  • /36

    Starting at $2,125 Per Month

    • 1 Bed

    24 Jones St, Newark, NJ 07103

    24 Jones offers an escape from the busy city life with quick access to public transportation and easy commute to NYC, Newark Airport, and Newark Penn Station. We offer studio, one, and two bedroom apartments in the University Heights section of Newark, NJ. Perfect for students too, we have a ROOMMATE Match-Making program for Off- Campus housing-- available for those University Students looking

    24 Jones

    (908) 987-2961

    24 Jones St, Newark, NJ 07103
  • /30

    $12,000 Per Month

    • 12 Beds
    • 6.5 Baths
    • Apartment for Rent

    229 Ballantine Pkwy, Newark, NJ 07104

    Experience the charm and elegance of historic living in this expansive rental home located in Newark's prestigious Forest Hill neighborhood, offering three floors of living space. Bathed in natural light, the residence features 17 rooms, including 12 bedrooms, 5 full bathrooms, and 1 half bath, providing exceptional space and flexibility. The ground level includes a spacious living room, family

    Agent Photo

    Hajira Yafai

    COLDWELL BANKER REALTY

    (201) 977-6588

    229 Ballantine Pkwy, Newark, NJ 07104
  • /36

    Starting at $2,000 Per Month

    • 1 - 2 Beds

    448-452 S Orange Ave, Newark, NJ 07103

    Welcome to 448-452 S Orange Ave, a brand-new luxury apartment community in Newark, NJ. Built in 2026, this modern 5-story building offers thoughtfully designed residences with contemporary finishes and convenient amenities tailored to today's lifestyle. Residents enjoy access to a fitness center, bicycle storage room, elevator service, and secure controlled access featuring ButterflyMX smart

    The Unity at S Orange Ave

    (908) 987-3358

    448-452 S Orange Ave, Newark, NJ 07103
  • /20

    $2,300 Per Month

    • 3 Beds
    • 1 Bath
    • Apartment for Rent

    19 Poe Ave Unit 1, Newark, NJ 07106

    Welcome to 19"21 Poe Avenue, Newark, NJ a beautifully maintained and overly spacious 3-bedroom, 1-bath first-floor apartment that offers the comfort of a private home with the convenience of a commuter-friendly location! The apartment features hardwood floors throughout, creating a warm, cohesive feel across every room. Each bedroom offers ample space for comfortable living, while the expansive

    Agent Photo

    Tayllor Cooper

    COOPER MCKELVEY REAL ESTATE CO.

    (201) 484-5821

    19 Poe Ave Unit 1, Newark, NJ 07106
  • /74

    Starting at $1,900 Per Month

    • Studio - 2 Beds

    44 Irvine Turner Blvd, Newark, NJ 07103

    Luxury Living at its Finest in the Heart of Newark!Discover an exceptional living experience at The Art of Newark, our newest and most exquisite luxury rental building in the heart of the city. Immerse yourself in a world of modern elegance and artistic flair as we redefine urban living with our thoughtfully designed studios, one-bedroom, and two-bedroom apartments.

    Art Of Newark

    (862) 902-2969

    44 Irvine Turner Blvd, Newark, NJ 07103
  • /12

    $2,200 Per Month

    • 3 Beds
    • 1 Bath
    • Apartment for Rent

    268 Leslie St Unit 270, Newark, NJ 07112

    Welcome to this renovated second floor unit in the Weequahic section of Newark. This renovated unit offers 3 bedrooms, 1 full bath, a renovated kitchen with quartz counters and stainless steel appliances, large living room, a bonus space for a pantry and a bonus room that can be used as an office or 4th bedroom. This unit is conveniently located to schools, Beth Israel Hospital, transportation,

    Agent Photo

    Fernando Leyva

    COMPASS NEW JERSEY LLC

    (201) 831-9770

    268 Leslie St Unit 270, Newark, NJ 07112
  • /38

    Starting at $2,148 Per Month

    • Studio - 2 Beds

    1180 Raymond Blvd, Newark, NJ 07102

    First Month FREE!

    Eleven80

    (551) 345-5262

    1180 Raymond Blvd, Newark, NJ 07102
  • /9

    $2,300 Per Month

    • 3 Beds
    • 1 Bath
    • Apartment for Rent

    150 Broad St Unit 3C, Newark, NJ 07104

    150 Broad St, Unit 2B, located in the North Newark / Seventh Avenue section, offers a spacious and renovated 3-bedroom, fully renovated and generously sized bedrooms with ample natural light throughout.

    Agent Photo

    Jazmine Clausen-Soir

    BHGRE ELITE

    (201) 468-8357

    150 Broad St Unit 3C, Newark, NJ 07104
  • /57

    Starting at $2,500 Per Month

    • 2 Beds

    209-213 Mount Pleasant Ave, Newark, NJ 07104

    Welcome to 209 Mount Pleasant, a brand new building located in the heart of Newark, NJ. Enjoy modern living with an amazing rooftop offering stunning city views and a fully-equipped gym for your fitness needs. Experience luxury and convenience in this stylish, newly constructed property, designed to provide comfort and ease. Make this your new home today! Promotions for selected units* -

    (862) 307-9135

    209-213 Mount Pleasant Ave, Newark, NJ 07104
  • /11

    $2,700 Per Month

    • 4 Beds
    • 2 Baths
    • Apartment for Rent

    149 - 151 Scheerer Ave Unit 2, Newark City, NJ 07112

    Spacious and inviting, this second-floor apartment offers the perfect blend of comfort and functionality. Featuring four generously sized bedrooms and two full bathrooms, the layout provides ample space for both everyday living and entertaining. Sunlight fills the home through well-placed windows, creating a bright and welcoming atmosphere throughout.The apartment boasts a thoughtfully designed

    Agent Photo

    Cinthia Barton

    COLDWELL BANKER REALTY

    (201) 989-0904

    149 - 151 Scheerer Ave Unit 2, Newark City, NJ 07112
  • /22

    Starting at $2,294

    Total Monthly Price

    • Studio - 3 Beds

    2 Center St, Newark, NJ 07102

    A symbol of Newark downtown revival, One Theater Square is a brand-new, 22-story tower with sweeping city views and a dynamic location. Each spacious, one-, two-, and three-bedroom apartment features must-have details like soaring ceilings, over-sized windows and hardwood floors. Amenities include 24-hour concierge services, a beautiful demonstration kitchen with fireplace and an outdoor terrace

    One Theater Square

    (862) 292-4133

    2 Center St, Newark, NJ 07102
  • /12

    $1,650 Per Month

    • 1 Bed
    • 1 Bath
    • Apartment for Rent

    840 Mount Prospect Ave Unit 1, Newark, NJ 07104

    Charming 1-bedroom ground-floor apartment with one parking space included in the monthly rent. Ideally located in the desirable North section of Newark, with easy access to schools, public transportation, and local shopping. Tenant is responsible for electric, hot water, and cooking gas.

    Agent Photo

    Lionel Cruz

    COMPASS NEW JERSEY LLC

    (201) 591-1550

    840 Mount Prospect Ave Unit 1, Newark, NJ 07104
  • /35

    Starting at $1,400 Per Month

    • Studio - 1 Bed

    325 Grafton Ave, Newark, NJ 07104

    Welcome to Forest Hill Terrace, where classic architecture blends with modern upgrades in the heart of Newark’s prestigious Forest Hill neighborhood. This beautifully renovated apartment offers an unbeatable combination of style, comfort, and convenience—just steps from Branch Brook Park and easy transit access.?? 1 Bedroom | ?? 1 Bath | ?? Modern Kitchen | ?? Near Light Rail?

    Forest Hill Terrace

    (862) 247-4188

    325 Grafton Ave, Newark, NJ 07104
  • /15

    $2,265 Per Month

    • 2 Beds
    • 1 Bath
    • Apartment for Rent

    400 N 11th St, Newark, NJ 07107

    Spacious updated 2-bedroom apartment with an office space, living room and dining room. Available June 1st. Excellent location in North Newark, NJ. Featuring a bright and spacious layout, perfect for comfortable living and working from home. Heating included it. Washer included it Conveniently located close to schools, shopping, restaurants, and transportation. Great commuter location with easy

    Agent Photo

    Javier Gomez

    KELLER WILLIAMS PARK VIEWS

    (201) 503-3494

    400 N 11th St, Newark, NJ 07107
  • /54

    Starting at $1,500 Per Month

    • 1 - 3 Beds

    36 Muhammad Ali Ave, Newark, NJ 07108

    Affordable, garden-style living within a gated community in sought-after Central Newark. Each apartment features modern renovations with updated bathrooms and kitchens equipped with high-quality stainless-steel appliances. We welcome pets, making our community perfect for families and individuals alike.

    High Park Terrace

    (908) 460-8521

    36 Muhammad Ali Ave, Newark, NJ 07108
  • /5

    $1,000 Per Month

    • 1 Bed
    • 1 Bath
    • Townhouse for Rent

    108 4th Ave Unit A3, Newark, NJ 07104

    Private Room for Rent in Newark's Mount Pleasant/North Newark Area! This rental is for one private bedroom only and is not a full apartment. Tenant will enjoy access to a shared kitchen and shared bathroom, offering an affordable and comfortable living arrangement.The room features ample natural light and convenient access to common living areas. Located in Newark's vibrant North Newark/Mount

    Agent Photo

    SYDNEY WHITE

    IDENTITY PROPERTIES

    (201) 500-1586

    108 4th Ave Unit A3, Newark, NJ 07104
  • /55

    Starting at $1,956 Per Month

    • Studio - 2 Beds

    349-377 Broad St, Newark, NJ 07104

    Energized. Elevated. Vermella. Prepare yourself for homes made to impress, with vast, open layouts, chef-inspired kitchens, in-home laundry and state-of-the-art finishes…all crafted to provide the comfort and convenience your daily life demands. Green space, rooftop views, and a clubroom that opens to a lavishly landscaped courtyard and pool are only the beginning. A lifestyle of luxury awaits in

    Vermella Broad Street

    (973) 755-0877

    349-377 Broad St, Newark, NJ 07104
  • /22

    $3,700 Per Month

    • 5 Beds
    • 2 Baths
    • Apartment for Rent

    44 Farley Ave Unit 2, Newark, NJ 07108

    44-46 Farley Ave offers a spacious 5-bedroom, 2-bath apartment featuring a large and bright living area, a functional kitchen with ample cabinet space, and generously sized bedrooms with plenty of natural light throughout. The layout provides flexibility for a variety of living needs, with two full bathrooms adding convenience and comfort. Conveniently located near public transportation, shopping

    Agent Photo

    Jazmine Clausen-Soir

    BHGRE ELITE

    (862) 429-4211

    44 Farley Ave Unit 2, Newark, NJ 07108
  • /34

    Starting at $2,150 Per Month

    • 1 Bed

    268-272 Central Ave, Newark, NJ 07103

    Central Ave Lofts is a newly converted warehouse loft in the University Heights neighborhood of Newark. Each new apartment loft features high ceilings, hardwood floors, artisan ceramic tiles, granite countertops, recessed lighting, in-unit washer and dryers, individual heating and cooling units, stainless steel appliances, large windows, and contactless entry. On-site parking is available with a

    Central Ave Lofts

    (551) 227-3305

    268-272 Central Ave, Newark, NJ 07103
  • /21

    $3,000 Per Month

    • 3 Beds
    • 2 Baths
    • Apartment for Rent

    81-83 Hawthorne Ave Unit 3, Newark, NJ 07112

    Welcome home to this modern, 3 bedroom, 2 full bath home-like apartment on a quiet street in the Weequahic neighborhood. This is a 'smart" apartment, including security system, internet, and solar panels. The open concept, expansive living room, dining room, and chef kitchen are great for entertaining and gatherings. The primary bedroom includes an ensuite oversized spa-like bathroom, with

    Agent Photo

    Anita Vogel

    WEICHERT REALTORS

    (201) 801-3978

    81-83 Hawthorne Ave Unit 3, Newark, NJ 07112

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Why Live in Newark

Newark's cultural scene thrives at the New Jersey Performing Arts Center, which hosts Broadway-caliber shows, while the Prudential Center brings NHL action with the New Jersey Devils and major concert events. The Newark Museum of Art showcases diverse collections including Tibetan art within the historic Ballantine House. Branch Brook Park contains the largest collection of cherry blossom trees in the United States, creating spectacular spring displays. The Cathedral Basilica of the Sacred Heart stands as an architectural marvel, while the revitalized Riverfront Park provides scenic walks along the Passaic River. The dining scene features standout restaurants like Fornos of Spain serving traditional Spanish cuisine and Adega Grill offering Portuguese seafood specialties.

The housing market presents diverse options across neighborhoods. The median sale price in Newark is $415,600. Single-family homes in Forest Hill command a median price of $575,000, while similar homes in the Ironbound area have a median price of $416,000. Downtown Newark single-family homes reach a median of $834,400. Condominiums provide more affordable options, with one-bedroom units at a median price of $239,000 and two-bedroom units at $337,500.

The cost of living in Newark runs 13.9% above the national average. A family with school-age children needs approximately $120,000 annually to live comfortably, while renters should aim for $73,000. Property taxes in Essex County stand at 2.02%, slightly higher than nearby Jersey City at 1.85%. Transportation options include NJ Transit trains, PATH service to Manhattan, and Newark Light Rail. The city houses prestigious institutions including Rutgers University-Newark and New Jersey Institute of Technology. Science Park High School stands out among public schools with an A rating, while private institutions like St. Benedict's Preparatory School serve multiple neighborhoods with A-rated education.

Frequently Asked Questions

How much does it cost to rent a home in Newark, NJ?
The median rent for a home in Newark, NJ is $2,200 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 home?
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 home include Springfield-Belmont, South Broad Valley, Downtown Newark, University Heights and South Ironbound, each with its own character and price range.

Rental Trends in Newark, NJ

Rental Home Trends

Number of Homes for Rent
1,087
Median Rent
$2,200
Median Single Family Home Rent
$2,354
Median Townhouse Rent
$1,800
Median Condo Rent
$2,095
How to Rent a Home