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Newest Homes for Rent in Newark, NY

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    $1,000 Per Month

    • 3 Beds
    • 2 Baths
    • 2,359 Sq Ft
    • Value-Add, Multi-Story-Home in Newark

    1004 N Main St, Newark, NY 14513

    1004 N Main Street, Newark, NY 14513 presents an opportunity to acquire a tenant-occupied residential investment property in the heart of Newark. This classic multi-story home offers immediate income potential and features a spacious layout, covered front porch, mature landscaping, and convenient access to local amenities, schools, parks, and employment centers.The property is ideally

    1004 N Main St, Newark, NY 14513
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    $1,050 Per Month

    • 3 Beds
    • 1 Bath
    • 900 Sq Ft
    • House for Rent

    132 Prospect St, Newark, NY 14513

    Newly renovated 3 bedroom apartment available July 15th . Must have verifiable income and good rental history. Must have stable income for minimum of two years.Monthly Gross Income must be 3x the monthly rent. Security Deposit ($1050 minimum) and first months rent due prior to move-in. Email or Text - ***Anonymous Texts/ Emails will Not Be Replied

    132 Prospect St, Newark, NY 14513
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    • Studio

    213-215 W Miller St, Newark, NY 14513

    213-215 W Miller St, Newark, NY 14513

Frequently Asked Questions

How much does it cost to rent a home in Newark, NY?
The median rent for a home in Newark, NY is $1,075 per month, though prices vary by neighborhood, size, and property type. As of July 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, NY?
To comfortably afford the median rent in Newark, NY, a household needs to earn roughly $43,000 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 $1,075 per month in Newark, NY, renters typically need to show $3,225 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, NY?
In Newark, NY, the price-to-rent ratio is 16.8, 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.

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$1,075
Median Single Family Home Rent
$1,400
Median Townhouse Rent
$1,350
Median Condo Rent
$1,350
How to Rent a Home