Apartments for Rent in Newark Central Business District, Newark, NJ

What is the average rent for a 1-bedroom apartment in Newark Central Business District, Newark, NJ?

One-bedroom apartments in Newark Central Business District average around $2,300 per month in 2025. This represents a decline of 3.8% from the previous year, with units typically measuring around 680 square feet.

What is the average rent for a 2-bedroom apartment in Newark Central Business District, Newark, NJ?

Two-bedroom apartments in Newark Central Business District rent for around $2,800 per month in 2025. These units experienced a 7.3% decline from 2024 and average around 950 square feet in size.

What is the average rent for a 3-bedroom apartment in Newark Central Business District, Newark, NJ?

Three-bedroom apartments in Newark Central Business District average around $2,800 per month in 2025. Despite being the least available unit type with about 1 listing monthly, three-bedrooms saw the largest rent increase at 17.9% year over year.

How much does it cost to rent an apartment in Newark Central Business District, Newark, NJ?

Newark Central Business District averaged around $2,400 per month across all apartment types in 2025, down 2.3% from 2024. Rent varies by season, with October seeing the highest prices at about 6.7% above April rates.

What is the average apartment size in Newark Central Business District, Newark, NJ?

Apartments in Newark Central Business District average around 760 square feet across all unit types. Two-bedroom units are the largest at around 950 square feet, while studios are the most compact at around 540 square feet.

What type of apartment is most common in Newark Central Business District, Newark, NJ?

One-bedroom apartments are the most common rental type in Newark Central Business District, with about 25 listings available monthly. Two-bedroom units follow as the second most available option with about 20 listings per month.

Why Newark Central Business District, Newark is a great place to live

Newark Central Business District is a hub for renters who value a vibrant social life and prioritize environmental sustainability.

The neighborhood's excellent transit frequency, safety, and walk score make it an ideal spot for those who enjoy going out and exploring. A diverse neighborhood age distribution and well-maintained street infrastructure further enhance the area's appeal for social enthusiasts.

For the eco-conscious, Newark Central Business District offers a range of sustainable features, including the use of non-toxic paint, waste recycling and composting programs, and rainwater harvesting systems. The area's parks and recreation spaces, community solar projects, and emphasis on sustainable materials in construction also contribute to its environmentally friendly reputation. With its unique blend of social and sustainable living, Newark Central Business District is an attractive option for renters seeking a dynamic and responsible lifestyle.

What type of apartment is least common in Newark Central Business District, Newark, NJ?

Three-bedroom apartments are the least common rental type in Newark Central Business District, with about 1 listing available per month. Studios are also limited in availability, averaging about 7 listings monthly.