Average Rent in Springfield - Belmont, Newark, NJ and Rent Price Trends

Rent price trends in
Springfield - Belmont, Newark, NJ

Rent price trends

Rent prices for all bedroom counts and property types in Springfield - Belmont, Newark, NJ have decreased by 5% in the last month and have decreased by 9% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Springfield - Belmont, Newark, NJ
The monthly rent for an apartment in Springfield - Belmont, Newark, NJ is $1,995. A 1-bedroom apartment in Springfield - Belmont, Newark, NJ costs about $1,600 on average, while a 2-bedroom apartment is $2,400. Houses for rent in Springfield - Belmont, Newark, NJ are about the same, with an average monthly cost of $2,000.


1 bedroom	$1,495	2%	2%
2 bedroom	$1,850	1%	16%
3 bedroom	$2,150	3%	22%
4 bedroom	$2,300	No Change	-
Studio	$1,250	3%	27%

		Comparables
Lower Clinton Hill	$2,249
Mount Pleasant Lower Broadway	$2,200
Newark Airport And Port Newark	$2,448
Seventh Avenue	$2,000
South Broad Street	$1,950
South Ironbound	$2,054


Apartments	$1,995	5%	No Change
Condos	$1,825	18%	-
Houses	$2,000	9%	No Change
Rooms	$1,109	7%	-

Studio

Average rent

$1,250

Last 30 days

Last year

27%

1 bedroom

Average rent

$1,495

Last 30 days

Last year

2 bedroom

Average rent

$1,850

Last 30 days

Last year

16%

3 bedroom

Average rent

$2,150

Last 30 days

Last year

22%

4 bedroom

Average rent

$2,300

The table above reflects average rent prices in Springfield - Belmont, Newark, NJ, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Springfield Belmont, Newark, NJ to other neighborhoods

Median rent prices in Springfield Belmont, Newark, NJ for all bedroom counts and property types compared to Lower Clinton Hill, Newark, NJ.

Springfield Belmont

Median rent price$1,872

lower than the national median

Median rent price$2,249

18%

higher than the national median

Takeaway

The median rent for all rentals in Springfield Belmont, Newark, NJ is 17% lower than the median rent in Lower Clinton Hill, Newark, NJ.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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