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505 Clinton Avenue has a strong overall appeal with a balanced mix of practical benefits and standout characteristics. The property’s expert rating, pros, and notable features all point to a well-rounded living experience with qualities that make it broadly attractive to a variety of residents.
Things you’ll love
| 1BR/1.0BA | 1 bed | 1 bath | $1,534 /mo | 1 unit available | Now accepting applications for a limited number of affordable 1-bedroom apartments at The Gilbert Arts Collective, located in the historic Clinton Hill section of Newark. Developed through a partnership between the City of Newark and Invest Newark, The Gilbert Arts Collective was created to provide affordable housing opportunities for artists and creatives. Current vacancies are open to the public, and all applicants are welcome to apply. Please Note: These are affordable housing units. All applicants must submit an application and provide income documentation for an eligibility review. Income restrictions apply. Eligible rent will be calculated based on the program guidelines and household income, at either the 60% or 80% Area Median Income (AMI) level. Please contact us for additional information and eligibility requirements. Apartment Features: 1 Bedroom with closet 1 Full Bathroom with bathtub Open-concept kitchen and living room Modern layout Elevator access 24/7 security camera monitoring On-site security personnel Building Amenities: Café located in the lobby, open to residents and the public Professionally managed building Convenient access to transportation, arts, culture, and downtown Newark Affordable Housing Requirements: Application required Income verification required Occupancy and income restrictions may apply Don't miss this opportunity to become part of Newark's growing creative community while enjoying affordable living in a unique residential building designed to support artists and residents alike. Contact us today for application information and availability 973-771-5170 |
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One-time.
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| Units | 25 |
|---|
Now accepting applications for a limited number of affordable 1-bedroom apartments at The Gilbert Arts Collective, located in the historic Clinton Hill section of Newark. Developed through a partnership between the City of Newark and Invest Newark, The Gilbert Arts Collective was created to provide affordable housing opportunities for artists and creatives. Current vacancies are open to the public, and all applicants are welcome to apply. Please Note: These are affordable housing units. All applicants must submit an application and provide income documentation for an eligibility review. Income restrictions apply. Eligible rent will be calculated based on the program guidelines and household income, at either the 60% or 80% Area Median Income (AMI) level. Please contact us for additional information and eligibility requirements. Apartment Features: 1 Bedroom with closet 1 Full Bathroom with bathtub Open-concept kitchen and living room Modern layout Elevator access 24/7 security camera monitoring On-site security personnel Building Amenities: Café located in the lobby, open to residents and the public Professionally managed building Convenient access to transportation, arts, culture, and downtown Newark Affordable Housing Requirements: Application required Income verification required Occupancy and income restrictions may apply Don't miss this opportunity to become part of Newark's growing creative community while enjoying affordable living in a unique residential building designed to support artists and residents alike. Contact us today for application information and availability 973-771-5170
How 505 Clinton Avenue compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at 505 Clinton Avenue cost about 0% less than the average rent price for 1-bedroom apartments in Upper Clinton Hill.
| Month | Median Rent |
|---|---|
| September 2024 | $1,383 |
| October 2024 | $1,318 |
| November 2024 | $1,512 |
| December 2024 | $1,462 |
| January 2025 | $1,523 |
| February 2025 | $1,593 |
| March 2025 | $1,640 |
| April 2025 | $1,643 |
| May 2025 | $1,475 |
| June 2025 | $1,450 |
| July 2025 | $1,350 |
| August 2025 | $1,300 |
| September 2025 | $1,280 |
| October 2025 | $1,250 |
| November 2025 | $1,434 |
| December 2025 | $1,581 |
| January 2026 | $1,788 |
| February 2026 | $1,827 |
| March 2026 | $1,715 |
| April 2026 | $1,659 |
| May 2026 | $1,647 |
| June 2026 | $1,550 |
| July 2026 | $1,405 |
| August 2026 | $1,386 |
| Month | Median Rent |
|---|---|
| June 2026 | $1,350 |
| July 2026 | $1,350 |
| August 2026 | $1,350 |
Can I afford to live at 505 Clinton Ave?
Bedrooms
1 bedroomRent-to-income ratio
30%
$61,360/yr
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