Approximately 18% of apartments in Newark, NJ charge rents around ≤ $1000.
A share of 6% of Newark’s rental apartments have monthly rents between $1,001-$1,500.
In the rent range of $1,501-$2,000 there are 30% apartment units.
20% of the city’s apartments are in the price range of $2,001-$2,500.
About 12% of apartment rentals in Newark are in the $2,501-$3,000 range.
Meanwhile, 15% of apartment rentals in Newark are in the > $3,000 range.
The largest share of rentals in Newark, NJ (30%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.