Most Affordable Neighborhoods in Newark, NJ
Some of the cheapest neighborhoods in Newark are Upper Vailsburg, Lower Roseville, and Weequahic. These neighborhoods offer some of the lowest rent prices in Newark, making them ideal for renters on a budget. As of November 29, 2024, the average rent in Newark is $1,495, which is 1.4% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Upper Vailsburg
Average Rent
$1,212/Month
Year-Over-Year Rent Change
0.4%
TransitScore® Rating
53/100
Units Available
2 Rentals
Upper Vailsburg is an affordable neighborhood in Newark with an average rent price of $1,212. Compare this to the city average of $1,495. In the past year, rent prices have increased by 0.4%. Upper Vailsburg provides easy access to Norfolk Street, Branch Brook Park, and Washington Street. It’s a walkable neighborhood with a WalkScore® of 71.
Lower Roseville
Average Rent
$1,452/Month
Year-Over-Year Rent Change
0.4%
TransitScore® Rating
70/100
Units Available
2 Rentals
If you’re looking for a great, affordable neighborhood in Newark, Lower Roseville might be the perfect place! It has an average rent price of $1,452, while the city’s average stands at $1,495. In the last year, prices have increased by 0.4%. Lower Roseville is near Bloomfield College, Central Avenue Plaza, and Edison National Historic Site.
Weequahic
Average Rent
$1,468/Month
Year-Over-Year Rent Change
0.4%
TransitScore® Rating
57/100
Units Available
5 Rentals
Weequahic is a top choice for budget-conscious renters for a variety of reasons. The average rent in Weequahic is $1,468 while the city average is $1,495. This is a 0.4% difference from last year. Residents enjoy convenient access to Orange Street, Washington Street, and N.J. Inst. of Technology. The neighborhood is considered walkable with a WalkScore® of 74.
Lower Vailsburg
Average Rent
$1,528/Month
Year-Over-Year Rent Change
0.5%
TransitScore® Rating
51/100
Units Available
6 Rentals
Lower Vailsburg is a diverse neighborhood offering a mix of single-family homes and apartments, with easy access to local parks and schools. A key attraction is the Ivy Hill Park, a large recreational area. Renters will enjoy the suburban feel while being close to shopping and dining along South Orange Avenue.
West Side
Average Rent
$1,583/Month
Year-Over-Year Rent Change
0.5%
TransitScore® Rating
60/100
Units Available
3 Rentals
When you’re looking for a great Newark neighborhood on a budget, check out West Side. The average rent is $1,583, compared to the city average of $1,495. Rent prices have increased by 0.5%. West Side is convenient to Springfield Avenue Marketplace, Home Depot Center, and Laguardia. The community is walkable with a WalkScore® of 76.
South Broad Street
Average Rent
$1,599/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
71/100
Units Available
4 Rentals
South Broad Street is an affordable neighborhood in Newark with an average rent price of $1,599. Compare this to the city average of $1,495. In the past year, rent prices have increased by 0.8%. South Broad Street provides easy access to Home Depot Center, Branch Brook Park, and Laguardia. It’s a walkable neighborhood with a WalkScore® of 80.
Lower Clinton Hill
Average Rent
$1,633/Month
TransitScore® Rating
61/100
Units Available
3 Rentals
If you’re looking for a great, affordable neighborhood in Newark, Lower Clinton Hill might be the perfect place! It has an average rent price of $1,633, while the city’s average stands at $1,495. Lower Clinton Hill is near Kearny Marsh, Rutgers, Newark Campus, and Stephen Gregg Park.
North Broadway
Average Rent
$1,638/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
56/100
Units Available
17 Rentals
North Broadway offers affordable housing and proximity to local businesses and schools. A key attraction is the Thomas Edison National Historical Park, where the inventor lived and flourished. Renters will enjoy the convenience of public transportation and the diverse range of dining and shopping options
Forest Hill
Average Rent
$1,681/Month
Year-Over-Year Rent Change
1.8%
TransitScore® Rating
65/100
Units Available
20 Rentals
Forest Hill showcases a picturesque neighborhood known for its historic mansions and tree-lined streets. A key attraction is the Branch Brook Park, known for its annual cherry blossom festival. Renters will appreciate the quiet, upscale atmosphere and proximity to Branch Brook Park.
Upper Clinton Hill
Average Rent
$1,700/Month
Year-Over-Year Rent Change
0.5%
TransitScore® Rating
59/100
Units Available
4 Rentals
Upper Clinton Hill is a top choice for budget-conscious renters for a variety of reasons. The average rent in Upper Clinton Hill is $1,700 while the city average is $1,495. This is a 0.5% difference from last year. Residents enjoy convenient access to Seton Hall University, Branch Brook Park, and Military Park. The neighborhood is considered walkable with a WalkScore® of 70.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.