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Newark, NJ Condos for Rent

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  • /15

    $2,650 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    58-60 Elm St Unit 601, Newark, NJ 07105

    Welcome to this stunning residence in a boutique building where modern design meets effortless comfort. Spanning approximately 1,000 square feet, this 2-bedroom, 1-bath, laundry in unit, gem features an airy open-concept layout with soaring ceilings and floor-to-ceiling windows that flood the home with natural light.Enjoy three private decks perfect for morning coffee, entertaining, or simply

    Agent Photo

    Tamayo Oppenheimer

    SILVER AND OAK REALTY

    (201) 308-1774

    58-60 Elm St Unit 601, Newark, NJ 07105
  • /6

    $1,600 Per Month

    • 1 Bed
    • 1 Bath
    • 1,020 Sq Ft
    • Condo for Rent

    1 Vassar Ave Unit 3, Newark, NJ 07112

    Property Id: 2462359Spacious 1BR + Bonus Room in Private 3-Family Home - 07112Rent: $1,550/monthAvailable: Early MayBright and airy third-floor apartment with more space and flexibility than a typical one-bedroom. Located in a well-maintained private home.Photos are of exterior and similar unit. APARTMENT FEATURESLarge

    (201) 801-5268

    1 Vassar Ave Unit 3, Newark, NJ 07112
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    $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
  • /7

    $1,350 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    134 Sunset Ave Unit 3rd Floor, Newark, NJ 07106

    Property Id: 2530753Freshly painted 3rd story unit in three family home with new stove and refrigerator. Nice hardwood flooring. AC wall unit included in the unit. Close to public transportation, Downtown Newark, Rutgers University and NJIT. Landlord lives on the premises.Renter Criteria: Minimum credit score 550, income minimum 3x monthly rent, background check and application

    (862) 307-9233

    134 Sunset Ave Unit 3rd Floor, Newark, NJ 07106
  • /6

    $1,595 Per Month

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

    479 Roseville Ave Unit 1, Newark, NJ 07107

    Property Id: 2533699Welcome to you're new home, Come experience the comforts of this spacious apartment available for rent. You'll appreciate the convenience of a well-maintained kitchen with stainless steel appliances and stylish tiles, generous closet space for all your storage needs, and the bonus of an in-unit washer and dryer. The apartment has been recently renovated,

    (848) 221-8559

    479 Roseville Ave Unit 1, Newark, NJ 07107
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    $2,500 Per Month

    • 3 Beds
    • 1 Bath
    • Condo for Rent

    284 Wainwright St Unit 2, Newark, NJ 07112

    Property Id: 2514665Well maintained 3 bedrooom apartment plus attic space in 2 family property located in Newark's Weequahic Section. Nearby Beth Israel hospital and easy commute to nyc

    (631) 778-7830

    284 Wainwright St Unit 2, Newark, NJ 07112
  • /10

    $1,895 Per Month

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

    226 Roseville Ave Unit 201, Newark, NJ 07107

    Property Id: 2312731Welcome to 226 Roseville Ave, Come experience the comforts of this spacious apartment available for rent.Recently constructed, offering a fresh and modern living space.Kitchen equipped with brand new stainless steel appliances and granite countertops. Air conditioning throughout the apartment for enhanced comfort.Tiled floors for easy maintenance and a

    (848) 251-5411

    226 Roseville Ave Unit 201, Newark, NJ 07107
  • /10

    $2,300 Per Month

    • 2 Beds
    • 2 Baths
    • Condo for Rent

    281 Mt Prospect Ave Unit 43, Newark, NJ 07104

    Property Id: 2539994Welcome to your new home at 281 MT Prospect Ave in Newark, NJ! This 2 bed, 2 bath apartment offers a secure building, shared washer/dryer, and hardwood floors. Rent includes sewage, water, and garbage. Enjoy the convenience of being near downtown and public transportation. No pets allowed. Don't miss out on this amazing opportunity! Apply now before it's gone.

    (862) 701-0746

    281 Mt Prospect Ave Unit 43, Newark, NJ 07104
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    $2,400 Per Month

    • 3 Beds
    • 2 Baths
    • Condo for Rent

    58 S 13th St Unit 2, Newark, NJ 07107

    Property Id: 2505356Rare 3BR/2BA in Newark — Gleaming Hardwood Floors, Two Updated Baths, Water Included.Two full bathrooms in a 3-bedroom is rare in this market — and this unit delivers both, fully updated. The hardwood floors have been professionally resurfaced and they show exceptionally well. Fresh paint throughout. The primary bathroom features large-format dark tile, a new

    (862) 280-2041

    58 S 13th St Unit 2, Newark, NJ 07107
  • /10

    $2,100 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    172 S 10th St Unit G, Newark, NJ 07107

    Property Id: 2515360Welcome to your new home at 172 S 10th in Newark! This charming 2 bedroom, 1 bathroom unit is available starting 05/08/2026. Rent includes all utilities (electricity, water, gas, sewage). Enjoy amenities like dishwasher, microwave, oven, refrigerator, and shared washer/dryer. Don't miss out on this opportunity! Contact us now for a viewing.

    (862) 500-5153

    172 S 10th St Unit G, Newark, NJ 07107
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    $1,699 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    6 Pomona Ave Unit DD, Newark, NJ 07112

    Property Id: 2531023No Brokers Fee!1 BEDROOM SECTION 8 VOUCHERSWELCOME!Renovated 1 Bedroom on Pomona Avenue in the Weequahic Section of Newark, NJ!Heat &; Hot Water Included!!Right near Elizabeth Park & Public TransportationProperty Move In Requirements:1. Must have a HUD Voucher. (NHA OR DCA)Application Link: (copy and paste link) :

    (862) 666-3128

    6 Pomona Ave Unit DD, Newark, NJ 07112
  • /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
  • /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
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    $2,400 Per Month

    • Studio
    • 1 Bath
    • Open & Airy Luxury Studios

    810 Broad St Unit 309, Newark, NJ 07102

    Luxury Fully Furnished Studio with BalconyPV Broad St. Luxury apartment allows you to prioritize what really matters and let us worry about the rest! In your Luxury Studio you will enjoy an all inclusive Amenity Package that gives you high-speed wi-fi, electric, cooling, and heating all wrapped into one monthly charge. If that wasn't enough, your apartment unit comes fully furnished, outfitted

    Open & Airy Luxury Studios

    (973) 718-9702

    810 Broad St Unit 309, Newark, NJ 07102
  • /8

    $2,700 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
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    $1,800 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    121 Norwood St Unit 1, Newark, NJ 07106

    Property Id: 2526546Beautiful 1 Bedroom Apartment !!Section 8 Welcome - Located in Newark, NJ!!! Apartment is move in Ready. Your voucher must be the asking rent or close to it, to apply! To qualify you cannot have any Housing Court Cases on your record and you must already have your voucher in hand. Thank you!!! Cash Tenants must make 2.5x the rent AFTER TAXES!!!!!***No Evictions, Decent

    (862) 200-7153

    121 Norwood St Unit 1, Newark, NJ 07106
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    $2,650 Per Month

    • 3 Beds
    • 2 Baths
    • Condo for Rent

    466 Avon Ave Unit 1, Newark, NJ 07108

    Property Id: 18266793 Beds 2 Baths - ApartmentBrand-New Luxury Apartment - 3 Bedrooms, 2 Baths$2650/ month - first floor Near Avon Avenue Elementary SchoolBrand-New Luxury Apartment - 3 Bedrooms, 2 BathsExperience modern living in this newly constructed 3-bedroom, 2-bath apartment, available on the 1st floor. Spacious Layout: • Master bedroom with ensuite

    (862) 378-2619

    466 Avon Ave Unit 1, Newark, NJ 07108
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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 starting May 15, 2026. 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

    (862) 701-0763

    1 Mapes Ave Unit 3D, Newark, NJ 07112
  • /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
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    $1,600 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    342 Irvine Turner Blvd Unit 1, Newark, NJ 07108

    Property Id: 2533674Beautiful 1 bedroom, 1 bathroom apartment with a clean, comfortable layout and a very nice overall feel. Features a spacious setup that gives you real room to live comfortably.Bright, welcoming, and priced right for the space. Great value—this won’t last, contact today!

    (848) 301-2186

    342 Irvine Turner Blvd Unit 1, Newark, NJ 07108
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    $2,800 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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    $2,400 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 05/15/2026 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
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    $1,699 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    503 Elizabeth Ave Unit 6C, Newark, NJ 07112

    Property Id: 2530760No Brokers Fee!1 BEDROOM SECTION 8 VOUCHERS WELCOME!Renovated 1 Bedroom on Elizabeth Avenue in the Weequahic Section of Newark, NJ!Heat, Hot Water & Cooking Gas Included!!!Right near Elizabeth Park & Public TransportationProperty Move In Requirements:1. Must have a HUD Voucher. (NHA OR DCA)Application Link: (copy and

    (862) 377-6978

    503 Elizabeth Ave Unit 6C, Newark, NJ 07112
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    $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

    $2,700 Per Month

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

    527 13th Ave Unit 1, Newark, NJ 07103

    Property Id: 1219861This apartment is on the 3rd floor and its a walk up building. If you or your family have difficulty walking up the stairs, please do not inquire. Very close to public transportation. Well maintained property. Tenant pays gas and electric. Lots of street parking. Very quiet neighborhood. Apartment is on the third floor. Living room 11ft x 18

    (862) 270-2027

    527 13th Ave Unit 1, Newark, NJ 07103
  • /6

    $1,450 Per Month

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

    645 Summer Ave, Newark, NJ 07104

    Property Id: 2495246-Renovated and upgraded -Hardwood floor-Tiled back splash-Small pet friendly -Near stores and highways-Sunny and spacious -Lots of closet space-Plenty of natural sunlight -SS appliances-1 year lease

    (848) 251-0283

    645 Summer Ave, Newark, NJ 07104
  • /9

    $2,499 Per Month

    • 3 Beds
    • 2 Baths
    • Condo for Rent

    50 9th Ave W Unit 1, Newark, NJ 07107

    Property Id: 2497301Welcome to your new home at 50 9th Ave in Newark, NJ! This spacious 3 bedroom, 2 bathroom unit is available starting May 15th for $2499/month. Enjoy hardwood floors, a freezer, oven, and refrigerator included. Water, sewage, and garbage are also covered. Cats allowed. Don't miss out on this fantastic opportunity!

    (862) 701-4577

    50 9th Ave W Unit 1, Newark, NJ 07107
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    $1,500 Per Month

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

    942 Broad St Unit 3, Newark, NJ 07102

    Property Id: 251799110 minute walk from Rutgers, NJIT, and Newark PATH. Newly Renovated 2 Bedroom apartment on Broad Street Newark. I block away from City Hall and Federal Building. Easy Access to Public Transportation. Parking on the street.

    (862) 350-0236

    942 Broad St Unit 3, Newark, NJ 07102
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    $2,100 Per Month

    • 3 Beds
    • 1 Bath
    • 859 Sq Ft
    • Condo for Rent

    466 Avon Ave Unit 3, Newark, NJ 07108

    Property Id: 2090136Welcome to your new home at 466 Avon Ave in Newark! This charming 3 bedroom, 1 bathroom unit offers modern amenities including a dishwasher, microwave, and security cameras. Enjoy the convenience of included utilities and the peace of mind of a secure building with an alarm system. Don't miss out on this opportunity to live in style for $2100/month. Smoke outside, no

    (862) 366-4847

    466 Avon Ave Unit 3, Newark, NJ 07108
  • /8

    $1,699 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    503 Elizabeth Ave Unit 6B, Newark, NJ 07112

    Property Id: 2530681No Brokers Fee!1 BEDROOM SECTION 8 VOUCHERS WELCOME!Renovated 1 Bedroom on Elizabeth Avenue in the Weequahic Section of Newark, NJ!Heat, Hot Water and Gas Included!!Right near Elizabeth Park & Public TransportationProperty Move In Requirements:1. Must have a HUD Voucher. (NHA OR DCA)Application Link: (copy and paste

    (862) 330-6910

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

    $1,900 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    120 Norwood St Unit 1R, Newark, NJ 07106

    Property Id: 1989663GET A 2 BEDROOM VOUCHER FOR A 1 BEDROOM VOUCHERWelcome to your new home at 120 Norwood in Newark, NJ! This charming 2 bedroom, 1 bathroom.

    (862) 701-4694

    120 Norwood St Unit 1R, Newark, NJ 07106
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    $3,700 Per Month

    • 3 Beds
    • 1 Bath
    • Condo for Rent

    55 Monticello Ave Unit 2, Newark, NJ 07106

    Property Id: 1735366De-stress at home in this quiet 3 bedroom fully furnished apartment. Be one of the very first to enjoy this newly renovated 2nd floor apartment. This apartment is brand new. It is located in a multi-family home, in a very quiet neighborhood where neighbors look out for each other. A quick walk to Seton Hall Campus, public transportation and area hospitals. Get a good

    (856) 501-5685

    55 Monticello Ave Unit 2, Newark, NJ 07106
  • /4

    $1,495 Per Month

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

    684 Summer Ave, Newark, NJ 07104

    Property Id: 2482826-Renovated and upgraded - Hardwood floors-Heat and hot water included -First floor apt-Fridge-Tiled bathroom-Tiled back splash -spacious unit-Separate living room-Lots of sunlight-No pets-Plenty of closet space-1 year lease

    (848) 224-6327

    684 Summer Ave, Newark, NJ 07104
  • /9

    $2,400 Per Month

    • 3 Beds
    • 2 Baths
    • Condo for Rent

    281 Mt Prospect Ave Unit 46, Newark, NJ 07104

    Property Id: 2540317Welcome to your new home at 281 MT Prospect Ave in Newark, NJ! This spacious 3 bed, 2 bath unit is perfect for you. With a secure building, shared washer/dryer, and essentials like freezer, oven, and refrigerator included, you'll love living here. Available from May 15th, rent is $2400 with utilities included. Smoke outside and sorry, no pets allowed. Don't miss out on

    (862) 701-1890

    281 Mt Prospect Ave Unit 46, Newark, NJ 07104
  • /7

    $1,749 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    445 N 5th St Unit 3D, Newark, NJ 07107

    Property Id: 2284513Welcome to your new cozy 1 bedroom, 1 bathroom unit in the heart of Newark! This multi-family property features hardwood floors, a spacious kitchen with freezer, oven, and refrigerator included. Enjoy the convenience of utilities such as garbage, sewage, and water being covered in the rent. With a rent amount of $1749.00 and a smoking policy of outside only, this

    (862) 701-9064

    445 N 5th St Unit 3D, Newark, NJ 07107
  • /9

    $1,695 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    86 Stuyvesant Ave Unit 3, Newark, NJ 07106

    Property Id: 2494565Bright and spacious two-bedroom apartment located on the third floor in Newark, NJ.This well-maintained unit features beautiful hardwood floors throughout and ceramic tile in select areas. The apartment is filled with abundant natural light, creating a warm and inviting atmosphere throughout the day. The layout offers comfortable living space, perfect for

    (862) 412-1364

    86 Stuyvesant Ave Unit 3, Newark, NJ 07106
  • /8

    $1,650 Per Month

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

    226 Roseville Ave Unit 202, Newark, NJ 07107

    Property Id: 2200985Welcome to 226 Roseville Ave, Come experience the comforts of this spacious apartment available for rent.Recently constructed, offering a fresh and modern living space.Kitchen equipped with brand new stainless steel appliances and granite countertops. Air conditioning throughout the apartment for enhanced comfort.Tiled floors for easy maintenance and a

    (862) 418-5705

    226 Roseville Ave Unit 202, Newark, NJ 07107
  • /7

    $1,599 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    575 13th Ave Unit 3, Newark, NJ 07103

    Property Id: 2402603No Brokers Fee!!!! SECTION 8 WELCOME!Spacious 1 Bedroom in 13th Ave, Newark, NJ!Cold Water Included.Property Move In Requirements:1. Must have a 1 bedroom HUD Voucher. (DCA or NHA)Application Link: (copy and paste link) : Cash paying tenants must make 2.5x the rent AFTER taxes, no evictions & decent

    (862) 666-3183

    575 13th Ave Unit 3, Newark, NJ 07103
  • /3

    $2,200 Per Month

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • 264-266 Pomona Avenue, 1

    264-266-266 Pomona Ave Unit 1, Newark, NJ 07112

    Welcome to your new home in the vibrant Weequahic district of Newark, NJ. This inviting property is perfect for those looking to enjoy both comfort and convenience in a bustling neighborhood. This spacious residence offers a comfortable living experience, featuring modern central heating and cooling systems, alongside air conditioning and ceiling fans to keep you comfortable year-round.

    264-266 Pomona Avenue, 1

    (551) 222-8168

    264-266-266 Pomona Ave Unit 1, Newark, NJ 07112

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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 $2,100 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes and townhouses 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 South Broad Valley, University Heights, Downtown Newark, South Ironbound and Clinton Hill, each with its own character and price range.

Rental Home Trends in Newark, NJ

Rental Home Trends

Number of Condos for Rent
246
Median Condo Rent
$2,100
Median 1 Bedroom Condo Rent
$1,625
Median 2 Bedroom Condo Rent
$1,983
Median 3 Bedroom Condo Rent
$2,388
How to Rent a Home