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Rental Market Trends in Newark, CA

What is the average rent in Newark, CA?

$2,469/month

Average Rent

650 Sq Ft

Average Apartment Size

+2.5%

Increase in the Last Year

Newark, CA Rental Market Overview

The average rent in Newark, CA is $2,469 per month. This is 50% higher than the national average rent price of $1,644/month, making Newark one of the most expensive cities in the US.

  • Studio apartments in Newark average per month.
  • One-bedroom apartments in Newark average $2,469 per month.
  • Two-bedroom apartments in Newark average $2,688 per month.
  • Three-bedroom apartments in Newark average $3,188 or more per month.

Data Updated: June, 2026

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,469/month
650 Sq Ft
Two Bedroom
$2,688/month
843 Sq Ft
Three Bedroom
$3,188/month
1,230 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$3,994/month
1,574 Sq Ft
Four Bedroom
$4,649/month
2,060 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Newark, CA?

In the past year, rent has increased by 2.5%, which averages out to $61 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Newark, CA
Last Updated June 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Newark, CA
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
36% $1,001 - $1,500/month
9% $1,501 - $2,000/month
55% Above $2,000/month

What salary do I need to live comfortably in Newark, CA?

Because the average rent in Newark is $2,469, you’ll want to make about $8,230 per month or $98,760 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Newark, CA

137 Available Apartments for Rent

Search for Nearby Apartments

How does Newark, CA compare to other nearby cities and neighborhoods?

Use the tool below to compare Newark, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Newark, CA

Apartment Averages

Nearby City Rent Trends

  • Fremont Average Rent
  • Hayward Average Rent
  • Mountain View Average Rent
  • Menlo Park Average Rent

Apartment communities in Newark we think you'll love

The Edge on the Boulevard

The Edge on the Boulevard

34500 Fremont Blvd,
Fremont, CA 94555

$2,025 - $2,350

Studio - 2 Beds

Sundale

Sundale

39900 Blacow Rd,
Fremont, CA 94538

$2,300 - $3,075

1-2 Beds

Ardenwood Forest Rental Condos

Ardenwood Forest Rental Condos

5016 Paseo Padre Pky,
Fremont, CA 94555

$2,200 - $3,150

Studio - 2 Beds

Ladera Woods

Ladera Woods

4401 Central Ave,
Fremont, CA 94536

Call for Rent

Studio - 2 Beds

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United States California Newark Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity