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Apartments for Rent in Newark Central Business District, Newark, NJ
The average monthly rent in Newark Central Business District, Newark is up 5.04% compared to last month but down 11.95% year-over-year.
Average rent
12%Track prices
Great for
Average rent
12%Track prices
Great for
All rentals
2d ago
Verified
3 beds
1 bath
$2,545
Apartment for rent
Available Sep 1
4d ago
Studio
1 bath
$2,200
Apartment for rent
5d+ ago
Newark Central Business District apartment for rent in Newark
1 bed
1 bath
$2,395
Apartment for rent
20h ago
11 Clinton St, Newark, NJ 07102
Air conditioning | On-site laundry | Fitness center
1–2 beds
1 bath
$1,750–$2,350
Apartment for rent
1d ago
Studio–2 beds
1–2 baths
$1,997–$5,347
Price drop
Apartment for rent
3d ago
1–2 beds
1 bath
$2,150–$3,450
Apartment for rent
Find rentals with popular amenities
In-Unit Laundry
Fitness Center
Dishwasher
Air Conditioning
3d ago
2 beds
1 bath
$2,350
Apartment for rent
3d ago
Studio–2 beds
1–2 baths
$2,125–$3,100
Apartment for rent
Be the first to hear about new listings matching your search.
5d+ ago
Newark Central Business District apartment for rent in Newark
111 Mulberry St #3K, Newark, NJ 07102
In-unit laundry | Air conditioning | Garage parking
1 bed
1 bath
$2,350
Apartment for rent
Available Aug 26
5d+ ago
Newark Central Business District apartment for rent in Newark
1 bed
1 bath
$2,250
Apartment for rent
5d+ ago
Newark Central Business District townhouse for rent in Newark
7 beds
2 baths
$6,200
House for rent
5d+ ago
Newark Central Business District condo for rent in Newark
111 Mulberry St #3P, Newark, NJ 07102
In-unit laundry | Fitness center | Hardwood floor
2 beds
1 bath
$2,450
Condo for rent
5d+ ago
Newark Central Business District apartment for rent in Newark
25 Cottage St #3, Newark, NJ 07102
Outdoor space
2 beds
1 bath
$2,200
Apartment for rent
3d ago
Verified
Balcony | Hardwood floor | Walk-in closets
1 bed
1 bath
$2,350
Apartment for rent
Available Sep 3
5d+ ago
Verified
2 beds
1 bath
$1,695
Apartment for rent
Available Aug 15
5d+ ago
Verified
1 bed
1 bath
$2,299
Apartment for rent
Available Jul 9
Find sweet deals near Newark Central Business District
These rentals are 10%-30% cheaper than the local average price for similar rentals.
5d+ ago
Verified
Studio
1 bath
$2,190
Apartment for rent
Available May 17
5d+ ago
Verified
In-unit laundry | Air conditioning | Garage parking
2 beds
2 baths
$3,708
Apartment for rent
Available Aug 17
5d+ ago
Verified
In-unit laundry | Air conditioning | Garage parking
2 beds
2 baths
$3,069
Apartment for rent
Available Jul 15
5d+ ago
Verified
3 beds
1 bath
$2,395
Apartment for rent
Available Aug 26
5d+ ago
Verified
2 beds
1 bath
$1,795
Apartment for rent
Available Aug 15
5d+ ago
Verified
2 beds
1 bath
$2,200
Apartment for rent
Available Sep 1
5d+ ago
Verified
On-site laundry | Hardwood floor | Walk-in closets
2 beds
1 bath
$1,975
Apartment for rent
Available Jul 21
5d+ ago
Verified
1 bed
1 bath
$1,550
Apartment for rent
Available Jul 14
5d+ ago
Verified
3 beds
1 bath
$2,300
Apartment for rent
Available Jul 11
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Learn more about renting in Newark Central Business District, Newark, NJ
Newark Central Business District, Newark rent data for:
As of today, you'll find 10 apartments for rent in Newark, with a median rent price of $2,244 per month. Newark has seen a 12%—or $276—decrease in median rent price compared to the previous year.Apartments for rent
Average Rent
$2,244Year Over Year Change
-12%
$276
Rentals available, last 30 days
10
How has rent in Newark Central Business District, Newark, NJ changed in the last two years?
The average rent in Newark Central Business District, Newark, NJ, for rentals of all sizes and types, is $2,244, which is a 11.95% decrease year-over-year.
The monthly rent for 1-bedroom apartments in Newark Central Business District, Newark, NJ is about $1,947. The average rent for 2-bedroom apartments in Newark Central Business District, Newark, NJ is $2,250, and studios are about $1,350 per month.
See more Newark Central Business District, Newark, NJ rent data on our rent research page.
Compare neighborhood median rent prices in Newark, NJ
N/A
$1,050
19% lower than city median
What are the K-12 schools in Newark Central Business District, Newark, NJ?
Lafayette Street Elementary School
205 lafayette st
newark, NJ, 7105
Oliver Street School
86 oliver st
newark, NJ, 7105
East Ward Elementary School
104 oliver st
newark, NJ, 7105
Quitman Street School
21 quitman st
newark, NJ, 7103
McKinley School
1 colonnade pl
newark, NJ, 7104
Showing 1 - 5 of 46 results
Who lives in Newark Central Business District, Newark, NJ?
Gender
Age Range
0-19
13%
20-34
32%
35-44
16%
45-64
24%
65+
13%
Language
English
63%
Spanish
20%
Indo Euro
9%
Asia Pac
3%
Other
3%
Education
No HS
15%
High School
39%
Bachelor's
29%
Master's
9%
Prof Degree
4%
Doctorate
2%
What is the household breakdown in Newark Central Business District, Newark, NJ?
Families
Property
Household Income
0-25k
43%
25-50k
24%
50-75k
15%
75-100k
6%
100-150k
8%
150k+
1%
How do residents get around Newark Central Business District, Newark, NJ?
Newark Central Business District, Newark has a walk score of 9/10, so when you need to run errands or leave the neighborhood, consider heading out on foot. With a public transportation score of 10/10, you’ll have many opportunities to commute via metro bus or train.
Walking
Cycling
Driving
Transit
Scores for Newark are calculated based on the proximity to and amount of infrastructure supporting each method of transportation.
Newark Central Business District, Newark apartment availability
Newark Central Business District offers a strong selection of rental listings, with an average of 51 rentals available each month in 2024. The neighborhood's rental market is comprised mostly of 1-bedroom, 2-bedroom, and studio apartments. Many of these apartments cater to pet owners, with nearly 80% allowing cats, small pets, and small dogs. This makes Newark Central Business District a great option for renters with pets. The area's convenient location and amenities make it a popular choice, accounting for over 10% of total Newark listings.
Newark Central Business District, Newark rental market trends
The Newark Central Business District saw a modest increase in rent prices last year, with an average monthly rent of $2,412, representing a year-over-year increase of about 1%. The average rent for 1-bedrooms rose by 5.6% to $2,379, while 2-bedrooms experienced a slight decrease of 1.8% to $2,963. Studios averaged $1,918, a 1.5% decrease from the previous year.
Rent prices in the area tend to fluctuate throughout the year, with October typically seeing the highest rent prices, about 12% higher than April, the month with the lowest rent. This suggests that searching for an apartment in the spring may result in more affordable options. However, it's essential to consider the overall demand and available inventory, as these factors can impact the competitiveness of the rental market.
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.
Methodology: How we got this data
Zumper’s proprietary rental data fuels our analysis. Rent and market trends, availability, neighborhood popularity, and lifestyle scores are all calculated using real-time and 2024 rental inventory and prices.
Our Lifestyle Categories ("great for eco-living," "great for social life," "great for pet owners," etc.) are determined by set criteria, against which we score each listing and its available features. At the neighborhood level, we calculate the listing count for each category to determine which lifestyles best fit each area.
Zumper, founded in 2012, is North America’s largest privately-owned rental platform, offering over 1 million listings across the U.S. and Canada. Stay informed on the latest trends and shifts in the rental market with our monthly National Rent Report, your go-to resource for key insights into the evolving rental landscape.
Newark Central Business District Apartments for rent FAQ
What is the average rent for 1 bedroom apartments for rent in Newark Central Business District, NJ?
The average rent for 1 bedroom apartments for rent in Newark Central Business District is $2250 per month. There are 4 1 bedroom apartments for rent in Newark Central Business District, NJ.
What is the average rent for 2 bedroom apartments for rent in Newark Central Business District, NJ?
The average rent for 2 bedroom apartments for rent in Newark Central Business District is $2800 per month. Currently, there are 7 2 bedroom apartments for rent in Newark Central Business District, NJ.
How expensive is it to rent an apartment in Newark Central Business District, NJ?
The average rent price in Newark Central Business District, NJ for a 2 bedroom apartment is $2800 per month. Newark Central Business District average rent price is above the average national apartment rent price which is $1750 per month for a 2 bedroom apartment. Aside from rent price, the cost of living in Newark Central Business District is also important to know. Cost of living includes but is not limited to: groceries, gas, utilities, water, and electric.
What is the average size of an apartment in Newark Central Business District, NJ?
The average size of a 1 bedroom apartment rental in Newark Central Business District is 514 square feet. The average size of a 2 bedroom apartment rental in Newark Central Business District is 539 square feet. The average size of a 3 bedroom apartment rental in Newark Central Business District is 1386 square feet.
Can I afford an apartment for rent in Newark Central Business District, NJ?
To help you better understand how much rent you can afford, check out Zumper's rent calculator. Our rent calculator can help you learn more about Newark Central Business District average rent prices.
What type of apartment rental is most common in Newark Central Business District, Newark, NJ?
1 bedroom apartments are the most common type of rentals in Newark Central Business District, Newark, NJ right now.
What type of apartment rental is least common in Newark Central Business District, Newark, NJ?
3 bedroom apartments are the least common type of rentals in Newark Central Business District, Newark, NJ right now.
Looking for apartments in Newark Central Business District, Newark, NJ near you?
| 🔑Available apartment rentals | 25 |
|---|---|
| 💰Best rent deal | 58 Downing Street #28 |
| ✨Popular amenities | , , |
| 🧦In-unit laundry | |
| 🍽With dishwasher | |
| 🏠With photos |