6 Apartments under 800 for rent in Newark, NJ

Last updated November 23 at 5:51pm UTC
Results within 1 miles of Newark, NJ
563 KENNEDY BLVD
Constable Hook
Bayonne, NJ
Updated November 9 at 2:00am UTC
Studio
$750
141 WEST 24TH ST
Constable Hook
Bayonne, NJ
Updated September 29 at 2:29am UTC
Studio
$395
538 KENNEDY BLVD
Constable Hook
Bayonne, NJ
Updated October 24 at 3:38am UTC
Studio
$600
Results within 5 miles of Newark, NJ
340 BROADWAY
Constable Hook
Bayonne, NJ
Updated September 14 at 11:53pm UTC
Studio
$650
Results within 20 miles of Newark, NJ
51 Mine Street
New Brunswick
New Brunswick, NJ
Updated September 14 at 11:58pm UTC
6 Bedrooms
$500
37 Old Rd
Ringwood
Ringwood, NJ
Updated November 23 at 5:51pm UTC
1 Bedroom
$595
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November 2017 Newark Rent Report

Welcome to the November 2017 Newark Rent Report. Newark rents remained steady over the past month. In this report, we'll evaluate trends in the Newark rental market, including comparisons to similar cities nationwide.

View full Newark Rent Report
Rent Report
Newark

November 2017 Newark Rent Report

Welcome to the November 2017 Newark Rent Report. Newark rents remained steady over the past month. In this report, we'll evaluate trends in the Newark rental market, including comparisons to similar cities nationwide.

Newark rent trends were flat over the past month

Newark rents have remained steady over the past month, but have decreased slightly by 0.4% year-over-year. Currently, median rents in Newark stand at $1,160 for a one-bedroom apartment and $1,380 for a two-bedroom. Newark's year-over-year rent growth lags the state average of 1.6%, as well as the national average of 2.7%.

Many large cities nationwide show more affordable rents compared to Newark

As rents have fallen slightly in Newark, many large cities nationwide have seen prices increase, in some cases substantially. Compared to most large cities across the country, Newark is less affordable for renters.

  • Newark's median two-bedroom rent of $1,380 is above the national average of $1,160. Nationwide, rents have grown by 2.7% over the past year compared to the 0.4% decline in Newark.
  • While rents in Newark fell slightly over the past year, many cities nationwide saw increases, including Seattle (+4.2%), Los Angeles (+3.9%), and Atlanta (+2.4%).
  • Renters will generally find more expensive prices in Newark than most large cities. For example, Houston has a median 2BR rent of $1,010.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.