2,013

Newark, NJ Homes for Rent

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  • /3

    Starting at $2,012 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
  • /9

    $2,000 Per Month

    • 2 Beds
    • 1 Bath
    • Apartment for Rent

    431 S 18th St, Newark, NJ 07103

    This bright, cozy 1st floor apartment features 2 bedrooms freshly painted with new flooring, renovated modern bathroom and fresh kitchen with new stainless steel appliances. Located close to shopping, dining, parks, and transit for easy NYC/NJ access. Easy to show, schedule your appointment today!

    Agent Photo

    Mindy Skelly

    COMPASS NEW JERSEY, LLC

    (201) 308-1288

    431 S 18th St, Newark, NJ 07103
  • /9

    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
  • /22

    $2,700 Per Month

    • 3 Beds
    • 1 Bath
    • Apartment for Rent

    44 Farley Ave Unit 3, Newark, NJ 07108

    44-46 Farley Ave offers a spacious 3-bedroom, 1-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

    (201) 720-5513

    44 Farley Ave Unit 3, Newark, NJ 07108
  • /117

    Starting at $2,075 Per Month

    • 1 - 2 Beds

    2 Spring St, Newark, NJ 07104

    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 are always secure, our package concierge service

    Spring Street Commons

    (201) 430-7753

    2 Spring St, Newark, NJ 07104
  • /9

    $2,300 Per Month

    • 2 Beds
    • 1 Bath
    • Apartment for Rent

    139 Clifton Ave Unit 1, Newark, NJ 07104

    WELCOME TO THIS GREAT RENTAL OPPORTUNITY ! This 1st floor apartment offers you a kitchen, living room, 2 bedrooms and 1 full bathroom! Located just blocks from parks, cafes, shops, restaurants, and public transportation, including NJ Transit, the light rail, and more! Schedule a private tour today!

    Agent Photo

    Gustavo Santacruz

    ACCESS HOME REALTY

    (201) 298-7666

    139 Clifton Ave Unit 1, Newark, NJ 07104
  • /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
  • /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

    NextHome Prime

    (862) 453-8271

    840 Mount Prospect Ave Unit 1, Newark, NJ 07104
  • /113

    Starting at $2,050 Per Month

    • 1 - 3 Beds

    34-40 Hudson St, Newark, NJ 07103

    At Vida, 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

    Vida By Gomes

    (862) 350-0330

    34-40 Hudson St, Newark, NJ 07103
  • /8

    $2,100 Per Month

    • 3 Beds
    • 1 Bath
    • Apartment for Rent

    119 N 11th St Unit 2, Newark, NJ 07107

    Discover flexible living in this unique multi-level unit in Newark. The 2nd floor offers a spacious living room, eat-in kitchen, full bathroom, and primary bedroom, while the upper level provides two additional bedrooms perfect for home offices, creative spaces, or shared living. Ideal for today's lifestyle needs with room to grow, all conveniently located near major transit options. TENANT

    Agent Photo

    David Vanegas

    EXP REALTY, LLC

    (862) 416-1140

    119 N 11th St Unit 2, Newark, NJ 07107
  • /70

    Starting at $2,000 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
  • /13

    $2,500 Per Month

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

    24 Garibaldi Ave, Newark, NJ 07114

    Elegant first-floor 2 bed 1 bath apartment in a brand-new construction building. This bright open-concept home features a beautifully designed kitchen with marble countertops and stainless-steel appliances. Enjoy the comfort of an in-unit washer and dryer, central air, and a private parking space. Ideally located just minutes from Newark Airport and offering a seamless commute to NYC.

    Agent Photo

    Masha Landkof

    REAL

    (201) 862-7638

    24 Garibaldi Ave, Newark, NJ 07114
  • /33

    Starting at $2,150 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
  • /24

    $2,600 Per Month

    • 3 Beds
    • 2 Baths
    • Apartment for Rent

    111 Pennsylvania Ave, Newark, NJ 07114

    Step into this beautifully renovated 3-bedroom apartment in the heart of Newark, just a few blocks from Penn Station, perfect for easy commuting and city living.This charming second-floor apartment features a bright and airy layout with rich wood floors throughout and an abundance of natural light that creates a warm, inviting atmosphere. The spacious primary (master) bedroom offers the comfort

    Agent Photo

    Sonia Matute-Farfan

    REALTY ONE GROUP LEGEND

    (862) 407-6569

    111 Pennsylvania Ave, Newark, NJ 07114
  • /53

    Starting at $1,850 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
  • /9

    $2,500 Per Month

    • 3 Beds
    • 1 Bath
    • 1,400 Sq Ft
    • House for Rent

    7 Hudson St, Newark, NJ 07103

    Stunning newly renovated 3 beds 1 full bathroom apartment. 2nd floor flowing with ton of natural light. Open concept perfect for entertaining. parking available. close to university, schools, stores, airport and down town.

    Agent Photo

    Tamayo Oppenheimer

    SILVER AND OAK REALTY

    (862) 500-5373

    7 Hudson St, Newark, NJ 07103
  • /20

    Starting at $1,940 Per Month

    • Studio - 2 Beds

    124-130 Ellis Ave, Irvington, NJ 07111

    HUGE APARTMENTS!!! Welcome to this charming and modern apartment nestled in a prime location. Here's what this fantastic rental has to offer:Separate office-Room*Spacious Living Area: Enjoy a bright and airy living space designed for comfort and relaxation. The open layout allows for versatile furniture arrangements and ample natural light.*Fully Equipped Kitchen: Cook

    124-130 Ellis Ave

    (862) 212-0697

    124-130 Ellis Ave, Irvington, NJ 07111
  • /5

    $2,275 Per Month

    • 3 Beds
    • 1 Bath
    • Apartment for Rent

    872 S 16th St Unit 1, Newark, NJ 07108

    Welcome home to this freshly painted first-floor 3-bedroom, 1-bath apartment offering comfort, space, and convenience. Step into a bright, eat-in kitchen perfect for family meals, and enjoy a brand-new modern bathroom with stylish finishes. Each bedroom is nicely sized with ample natural light and closet space. Enjoy direct access to a private backyard ideal for outdoor relaxation or weekend

    Agent Photo

    Tamayo Oppenheimer

    Silver and Oak Realty

    (201) 591-4435

    872 S 16th St Unit 1, Newark, NJ 07108
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    Starting at $1,650 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
  • /13

    $1,950 Per Month

    • 2 Beds
    • 1 Bath
    • Apartment for Rent

    276 Summer Ave, Newark, NJ 07104

    Spacious and move-in ready 3-bedroom, 1-bathroom apartment featuring brand new dark hardwood-style flooring, fresh neutral paint throughout, and plenty of natural light from large double-hung windows.The eat-in kitchen comes equipped with stainless steel appliances including a gas range and full-size refrigerator, wood cabinetry, and a classic tile backsplash. The updated full bathroom offers

    Agent Photo

    Kevin Pereyra

    OZANA REALTY GROUP

    (862) 429-3204

    276 Summer Ave, Newark, NJ 07104
  • /38

    Starting at $2,064 Per Month

    • Studio - 2 Beds

    1180 Raymond Blvd, Newark, NJ 07102

    First Month FREE!

    Eleven80

    (551) 345-5262

    1180 Raymond Blvd, Newark, NJ 07102
  • /15

    $1,900 Per Month

    • 2 Beds
    • 1 Bath
    • 810 Sq Ft
    • Apartment for Rent

    95 Stone St Unit 1, Newark, NJ 07104

    Well maintained 2-bedroom apartment available for rent in a very desirable section of Newark close to Branch Brook Park. First-floor unit features a convenient layout and access to a shared backyard. Conveniently situated within walking distance to local business, parks, shopping, dining, and transportation to NYC. Won't miss it, schedule a tour today!

    Agent Photo

    Giselle Ortega

    KELLER WILLIAMS PARK VIEWS

    (862) 407-3603

    95 Stone St Unit 1, 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
  • /19

    $2,800 Per Month

    • 4 Beds
    • 2 Baths
    • House for Rent

    58 1st St Unit 2, Newark, NJ 07107

    58 1st St, Apt 2, located in the Roseville section of Newark, offers a spacious 4-bedroom, 2-bath apartment with a bright living area, an eat-in kitchen with cabinet storage, and well-sized bedrooms providing ample natural light. Both bathrooms include tile finishes and standard fixtures. Conveniently situated near NJ Transit bus and train lines, Branch Brook Park, local schools, shopping, and

    Agent Photo

    Jazmine Clausen-Soir

    BHGRE ELITE

    (201) 734-5232

    58 1st St Unit 2, Newark, NJ 07107
  • /22

    Starting at $2,333

    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
  • /8

    $2,500 Per Month

    • 3 Beds
    • 1 Bath
    • Apartment for Rent

    7-9 Hudson St Unit 2ND, Newark, NJ 07103

    Stunning newly renovated 3 beds 1 full bathroom apartment. 2nd floor flowing with ton of natural light. Open concept perfect for entertaining. parking available. close to university, schools, stores, airport and down town.

    Agent Photo

    Tamayo Oppenheimer

    Silver and Oak Realty

    (862) 407-5007

    7-9 Hudson St Unit 2ND, Newark, NJ 07103
  • /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
  • /11

    $1,750 Per Month

    • 2 Beds
    • 1 Bath
    • Apartment for Rent

    336 Madison Ave, Newark, NJ 07108

    Welcome to this newly renovated 2-bedroom, 1-bath second-floor unit offering modern finishes and comfortable living. Unit offers stainless steel appliances, updated fixtures, and abundant natural light throughout the entire space.Conveniently located near schools, public transportation, shopping centers, and grocery stores, making everyday living simple...

    Agent Photo

    Mitchel Lafortune

    ESSENTIAL REAL ESTATE

    (201) 720-4062

    336 Madison Ave, Newark, NJ 07108
  • /44

    Starting at $2,450 Per Month

    • 1 Bed

    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
  • /2

    $1,500 Per Month

    • 1 Bed
    • 1 Bath
    • Apartment for Rent

    632 Dr Martin Luther King J Unit 23, Newark City, NJ 07102

    632 Martin Luther King Jr Blvd offers a well-maintained 1-bedroom, 1-bath apartment located in the Central Ward area near Downtown Newark. This unit features a bright living area, a functional kitchen with ample cabinet storage, and a comfortable bedroom with natural light. The bathroom includes tile finishes and standard fixtures. Laundry is available in the building for added convenience.

    Agent Photo

    Jazmine Clausen-Soir

    BHGRE ELITE

    (862) 429-2598

    632 Dr Martin Luther King J Unit 23, Newark City, NJ 07102
  • /71

    Starting at $2,088 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
  • /11

    $2,700 Per Month

    • 4 Beds
    • 2 Baths
    • Apartment for Rent

    149-151 Scheerer Ave Unit 2, Newark, 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, Summit

    (862) 415-1632

    149-151 Scheerer Ave Unit 2, Newark, NJ 07112
  • /26

    Starting at $2,150 Per Month

    • 1 Bed

    19 Livingston St, Newark, NJ 07103

    New Modern five-story community at 17 19 Livingston Street, Newark offering studio, one-bedroom, one-bedroom with den and two-bedroom apartments. Each home is designed with open layouts, Elegant finishes, and Juliet balconies. Residents enjoy on-site parking, ground-floor retail, and a prime University Heights location near NJIT, Rutgers, Essex County College, and downtown transit. Perfect for

    (862) 227-2587

    19 Livingston St, Newark, NJ 07103
  • /25

    $2,900 Per Month

    • 3 Beds
    • 2 Baths
    • 1,113 Sq Ft
    • House for Rent

    55 Ferguson St Unit 2, Newark, NJ 07105

    Welcome to 55 Ferguson St in Newark's vibrant Ironbound section, offering a spacious 3-Bed, 2-Bath apartment with approximately 1,113 Sq Ft of living space. This bright and inviting home features gleaming hardwood floors throughout, a new kitchen with modern finishes, and the comfort of central air and heat for year-round convenience. The apartment also includes one private parking space, a rare

    Agent Photo

    Carlos Alex Jesus

    EXIT GOLDEN REALTY GROUP

    (862) 972-3730

    55 Ferguson St Unit 2, Newark, NJ 07105
  • /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
  • /17

    $2,500 Per Month

    • 3 Beds
    • 1 Bath
    • Apartment for Rent

    19 N 7th St Unit 2, Newark, NJ 07107

    Welcome to this bright and spacious 3-bedroom apartment offering approximately 1,200 sq ft of living space in Newark's desirable 07107 (North Newark) neighborhood. This move-in ready unit features a comfortable layout with generously sized bedrooms, abundant natural light, and the convenience of in-unit washer and dryer hookups. A washer and dryer will be installed for the tenant upon move-in,

    Agent Photo

    David Vanegas

    EXP REALTY, LLC

    (201) 441-1241

    19 N 7th St Unit 2, 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
  • /10

    $2,400 Per Month

    • 2 Beds
    • 1 Bath
    • Apartment for Rent

    81-83 Hawthorne Ave Unit 1, Newark, NJ 07112

    Welcome home to this modern, 2 bedroom, 1 full bath home-like apartment on a quiet street in the Weequahic neighborhood. This is a 'smart" apartment, including security system and internet. The open concept, expansive living room, dining room, and chef kitchen are great for entertaining and gatherings.There are oversized closets thoughout the apartment, as well as central air conditioning and

    Agent Photo

    Anita Vogel

    WEICHERT REALTORS

    (201) 772-3957

    81-83 Hawthorne Ave Unit 1, Newark, NJ 07112
  • /55

    Starting at $1,766 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
  • /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

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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 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 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 Home Trends in Newark, NJ

Rental Home Trends

Number of Homes for Rent
1,053
Median Rent
$2,200
Median Single Family Home Rent
$2,356
Median Townhouse Rent
$2,575
Median Condo Rent
$2,100
How to Rent a Home