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Rental Market Trends in Newark, CA

What is the average rent in Newark, CA?

$2,417/month

Average Rent

650 Sq Ft

Average Apartment Size

+0.3%

Increase in the Last Year

As of April 2026, the average rent in Newark, CA is $2,417 per month. This is 47% higher than the national average rent price of $1,641/month, making Newark one of the most expensive cities in the US. When you rent an apartment in Newark, you can expect to pay about per month for a studio, $2,417 for a one-bedroom apartment, and around $2,558 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,170 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,417/month
650 Sq Ft
Two Bedroom
$2,558/month
842 Sq Ft
Three Bedroom
$3,170/month
1,230 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$3,909/month
1,507 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 0.3%, which averages out to $9 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Newark, CA
Last Updated April 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
41% $1,001 - $1,500/month
5% $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 $2,417, you’ll want to make about $8,056 per month or $96,672 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

153 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
  • East Palo Alto Average Rent
  • Hayward Average Rent
  • Mountain View Average Rent
  • Menlo Park Average Rent
  • Sunnyvale 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 - $2,725

Studio - 2 Beds

Ardenwood Forest Rental Condos

Ardenwood Forest Rental Condos

5016 Paseo Padre Pky,
Fremont, CA 94555

$2,200 - $3,150

Studio - 2 Beds

Sundale

Sundale

39900 Blacow Rd,
Fremont, CA 94538

$2,300 - $2,975

1-2 Beds

PINEBROOK APTS

PINEBROOK APTS

35995 Fremont Blvd,
Fremont, CA 94536

$1,879 - $2,799

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 February 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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© 2026 CoStar Group, Inc.

Equal Housing Opportunity