Average Rent in University Heights, Newark, NJ and Rent Price Trends

Rent price trends in
University Heights, Newark, NJ

Rent price trends

Rent prices for all bedroom counts and property types in University Heights, Newark, NJ have increased by 16% in the last month and have increased by 69% in the last year.

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

Rent comparables in
University Heights, Newark, NJ
The monthly rent for an apartment in University Heights, Newark, NJ is $2,339. A 1-bedroom apartment in University Heights, Newark, NJ costs about $2,060 on average, while a 2-bedroom apartment is $2,600. Houses for rent in University Heights, Newark, NJ are more expensive, with an average monthly cost of $2,700.


1 bedroom	$1,400	4%	4%
2 bedroom	$2,400	No Change	No Change
3 bedroom	$2,395	10%	7%
4 bedroom	$2,400	No Change	-
Studio	$1,900	12%	15%

		Comparables
Fairmount	$2,200
Newark Central Business District	$2,250
North Broadway	$1,975
North Ironbound	$2,208
Upper Clinton Hill	$2,200
West Side	$2,295


Apartments	$2,339	5%	No Change
Condos	$1,600	5%	-
Houses	$2,700	12%	77%

Studio

Average rent

$1,900

Last 30 days

12%

Last year

15%

1 bedroom

Average rent

$1,400

Last 30 days

Last year

2 bedroom

Average rent

$2,400

Last 30 days

No Change

Last year

No Change

3 bedroom

Average rent

$2,395

Last 30 days

10%

Last year

4 bedroom

Average rent

$2,400

Last 30 days

No Change

The table above reflects average rent prices in University Heights, 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 University Heights, Newark, NJ to other neighborhoods

Median rent prices in University Heights, Newark, NJ for all bedroom counts and property types compared to Fairmount, Newark, NJ.

University Heights

Median rent price$2,575

33%

higher than the national median

Median rent price$2,200

14%

higher than the national median

Takeaway

The median rent for all rentals in University Heights, Newark, NJ is 17% higher than the median rent in Fairmount, Newark, NJ.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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