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64 Apartments Near Me in Newark, NJ
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Cost of Living
77% Rent
vs
23% Own
Renter's Cost vs. Income
Last Updated October 2023
Average Monthly Rent (Census)
Last Updated October 2023
The breakdown of people who rent in Newark, NJ is 77% renters and 23% owners. The monthly average cost of rent in Newark is $1,167 per month and the yearly average income is $57,400 per year. This compares to an average rent of $1,451 in NJ and $1,003 in the US. This data was last updated in October 2023
Travel and Transport
Commuting to Work
Last Updated October 2023
Residents of Newark, NJ spend an average of 33.7 minutes commuting to work. 25% have short commutes under 20 minutes, 58% travel between 20 and 60 minutes, and 17% face longer journeys exceeding an hour, reflecting varying levels of accessibility and distance.
In Newark, NJ, 21% of residents rely on public transportation, 5% commute on foot, 0% use bicycles, and 73% opt for other modes such as cars and ride-sharing.
FAQs
What is the average price for a 2 Bedrooms + 2 Bathrooms in Newark?
The average price is $3,267.75.
What is the average price for a 1 Bedroom + 1 Bathroom in Newark?
The average price is $2,416.71.
What is the average price for a Studio + 1 Bathroom in Newark?
The average price is $2,031.61.
What is the average monthly rent for Newark?
Based on 2023 city data, the average monthly rent is $1,167.00.
What is the average commute time?
Based on 2017 city data, the average commute is 33.7 mins.