Apartments for Rent in South Broad Street, Newark, NJ

What is the average rent for a 1-bedroom apartment in South Broad Street, Newark, NJ?

One-bedroom apartments in South Broad Street average around $1,900 per month in 2025. This bedroom type saw a significant increase of 27.7% from the previous year, representing the largest rent growth among all apartment sizes in the neighborhood.

What is the average rent for a 2-bedroom apartment in South Broad Street, Newark, NJ?

Two-bedroom apartments in South Broad Street rent for around $2,100 per month in 2025. Rent for this apartment size remained relatively stable from 2024, showing minimal year-over-year change in this Newark neighborhood.

What is the average rent for a 3-bedroom apartment in South Broad Street, Newark, NJ?

Three-bedroom apartments in South Broad Street average around $2,500 per month in 2025. This apartment size experienced a 4.3% increase from the previous year, making it the second-highest rent growth after one-bedroom units.

How much does it cost to rent an apartment in South Broad Street, Newark, NJ?

South Broad Street in Newark averaged around $2,200 per month across all apartment types in 2025, down 0.7% from 2024. Rental costs vary by timing, with September seeing the highest rents at about 12% above June prices.

What is the average apartment size in South Broad Street, Newark, NJ?

Apartments in South Broad Street average 968 square feet across all bedroom types. Three-bedroom units are the largest at 1,764 square feet, while two-bedroom apartments average 467 square feet and one-bedroom units average 354 square feet.

What type of apartment is most common in South Broad Street, Newark, NJ?

Three-bedroom apartments are the most common rental type in South Broad Street, Newark, with about 18 listings available monthly. One-bedroom units follow with about 13 listings per month, while two-bedroom apartments average about 11 monthly listings.

Why South Broad Street, Newark is a great place to live

South Broad Street is a top choice for renters prioritizing social living and environmental sustainability. According to 2024 data, apartments in this neighborhood often feature eco-friendly amenities like non-toxic paint, rainwater harvesting, and sustainable materials construction. The area's high walk score and transit score also make it an ideal location for those seeking to reduce their carbon footprint. Additionally, South Broad Street's strong social scene is supported by its safety record, frequent transit options, and well-maintained street infrastructure, making it easy to get out and connect with friends and community. Overall, South Broad Street offers a unique blend of eco-conscious living and social convenience.

What type of apartment is least common in South Broad Street, Newark, NJ?

Studio apartments have the lowest availability in South Broad Street, Newark, with about 1 listing per month. These units average just 15 square feet and rent for around $1,500 monthly in 2025, down 12.3% from the previous year.