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665 Studio Apartments for rent in Newark, NJ

Last updated May 26 at 3:52am UTC
872 S 16th St
Upper Clinton Hill
Newark, NJ
Updated May 25 at 3:59pm UTC
Studio
$1,400
905 BERGEN ST
Weequahic
Newark, NJ
Updated May 4 at 8:47pm UTC
Studio
$1,600
260 Washington St
Newark Central Business District
Newark, NJ
Updated April 28 at 1:54am UTC
Studio
$2,500
Results within 1 miles of Newark, NJ
800 S 3rd St
East Newark
East Newark, NJ
Updated May 26 at 1:23am UTC
Studio
$1,880
114 N Arlington Ave
East Orange
East Orange, NJ
Updated May 25 at 5:56pm UTC
Studio
$1,750
64-72 BELMONT AVE
Silver Lake
Silver Lake, NJ
Updated April 20 at 1:07am UTC
Studio
$1,650
Results within 5 miles of Newark, NJ
Short Hills Club Village
45 Forest Drive
Short Hills, NJ
Updated May 18 at 10:04pm UTC
Studio
$1,575
1815 KENNEDY BLVD
Greenville
Jersey City, NJ
Updated May 26 at 3:52am UTC
Studio
$500
223 Bellevue Ave
Upper Montclair
Upper Montclair, NJ
Updated May 26 at 3:52am UTC
Studio
$1,400
297-299 BROADWAY
Constable Hook
Bayonne, NJ
Updated May 26 at 3:52am UTC
Studio
$2,100
335 WEST SIDE AVE
West Side
Jersey City, NJ
Updated May 26 at 3:52am UTC
Studio
$5,500
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May 2018 Newark Rent Report

Welcome to the May 2018 Newark Rent Report. Newark rents increased 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

May 2018 Newark Rent Report

Welcome to the May 2018 Newark Rent Report. Newark rents increased over the past month. In this report, we'll evaluate trends in the Newark rental market, including comparisons to similar cities nationwide.

Newark rents increase sharply over the past month

Newark rents have increased 1.6% over the past month, but are down slightly by 0.3% in comparison to the same time last year. Currently, median rents in Newark stand at $1,180 for a one-bedroom apartment and $1,410 for a two-bedroom. Newark's year-over-year rent growth lags the state average of 1.1%, as well as the national average of 1.5%.

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 $1,410 is above the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the 0.3% decline in Newark.
  • While rents in Newark fell slightly over the past year, many cities nationwide saw increases, including Houston (+3.1%), Los Angeles (+2.1%), and Atlanta (+1.9%).
  • Renters will generally find more expensive prices in Newark than most large cities. For example, Houston has a median 2BR rent of $1,020.

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.