Apartments for Rent in West Side, Newark, NJ

West Side, Newark apartment availability

West Side, Newark's rental market offers a good selection of listings, with an average of 26 rentals available each month. The neighborhood's inventory is largely comprised of 3-bedroom apartments, making it a great option for families or roommates. Many of these apartments offer desirable amenities, including outdoor space, in-unit laundry, and hardwood floors. Specifically, 55% of rentals feature outdoor space, while 35% offer the convenience of in-unit laundry and 42% have hardwood floors. With its diverse range of apartments and amenities, West Side is a neighborhood worth considering for renters looking for a new home in Newark.

West Side, Newark rental market trends

The West Side of Newark saw a significant increase in rent prices last year, with an average monthly rent of $2,264, reflecting an 11.4% year-over-year increase. Breaking it down by bed count, 1-bedrooms averaged $1,428 per month, with a modest 1.1% annual increase. In contrast, 2-bedrooms experienced a 2.6% decrease, averaging $1,806 per month. Meanwhile, 3-bedrooms saw a substantial 17.9% increase, reaching an average of $2,394 per month. Studios, however, experienced a 12.3% decrease, averaging $1,950 per month.

Rent prices in West Side tend to peak in the summer, with July typically being the most expensive month. Compared to April, the month with the lowest rent, prices in July are about 17% higher. If you're looking for a new apartment, be prepared for more competition during the summer months. Conversely, searching during the spring, particularly in April, may yield more affordable options. Keep in mind that the rental market can fluctuate, and prices may vary depending on the specific location and time of year.

Why West Side, Newark is a great place to live

West Side, Newark stands out for its commitment to environmental sustainability and vibrant social life. According to 2024 data, the neighborhood's focus on eco-friendly practices is evident in its use of sustainable materials in construction, waste recycling and composting programs, and community solar projects. Residents can also enjoy parks and recreation areas, further enhancing the area's green credentials. The neighborhood's social scene is equally impressive, thanks to its excellent walk score, transit frequency, and safe streets. With its strong infrastructure and community-focused design, West Side is an attractive option for renters seeking a neighborhood that prioritizes both the environment and social connections.