What does housing cost in Newark in 2026?

Housing in Newark runs to about €1,137 per month for a reference home of 45 m².

What is the average rent in Newark?

Asking rent in Newark stands at 1,330 €/month.

What are property prices in Newark?

To buy in Newark, expect 337,800 €.

Cost of Living in Newark, 2026: Rent, Groceries, Transport

Cost of living in Newark — 2026

Newark has 307,188 residents and lies in New Jersey. Median rent there comes to roughly €1,137 per month in 2026. To buy, expect 288,743 €. Median income is 41,385 €/year, meaning reference rent absorbs about 33% of monthly income.

Cost of living in Newark

Rent

Median rent: 1,137 €/month

Buy

Median home value: 288,743 €

Income

Median household income: 41,385 €/year

Local taxes

Median property tax paid: 6,136 €/year

Quality of life — Newark

Rent burdenShare of household income spent on rent — US Census ACS 5-year 2023

34,5 %

Poverty rateShare of the population below the poverty line — US Census ACS 5-year 2023

23,7 %

Cities near Newark

Compare with neighbouring towns

East Orange6 km Elizabeth7 km Bayonne9 km Jersey City9 km Hoboken12 km Union City13 km Passaic15 km Clifton15 km

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Newark vs East Orange Newark vs Elizabeth Newark vs Bayonne Newark vs Jersey City

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