City Report · CA

Newark

Pop. 46,903·72nd most expensive in California·Newark rents are up 8.0% over the past year
Median rent (all units)
$3,578/mo
Year-over-Year
+8.0%
Month-over-Month
+6.1%
vs US Median
+$1,616
Rising (Monthly)
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Most AffordableMost Expensive
Newark · $3,578
More expensive than 96% of US cities · National median $1,962/mo
Rent Reality Score
47/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Newark's 10-year trend predicts.

Actual rent
$3,578/mo
Expected by trend
$3,520/mo
The Rent Reality Score compares today's median rent to where Newark's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,990
1 BR
$2,270
2 BR
$2,760
3 BR
$3,530
4 BR+
$4,200
Fair Market Rent (HUD)
$2,760/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $3,578 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$42,936/yr
At $3,578/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 8.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+8.0% YoY, +6.1% MoM), not inventory.
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Demographics

Who lives here

Newark, CA is majority owner-occupied, has a median income above the national average, 48.1% of residents hold a bachelor's degree or higher.

Population
46,903
Median income
$169,064
Median age
37.9
Renters
30.6%
Age distribution
18.3%
25.3%
28.9%
14.4%
13.1%
Under 1818.3%
18–3425.3%
35–5428.9%
55–6414.4%
65+13.1%
Gender
52.4%
47.6%
Male52.4%
Female47.6%
Race & ethnicity
20%
27.2%
46.7%
White20%
Black3.3%
Hispanic27.2%
Asian46.7%
Other2.7%
Education (25+)
18.4%
23.5%
48.1%
No HS diploma10.1%
HS diploma18.4%
Some college23.5%
Bachelor's+48.1%
Housing tenure
69.4%
30.6%
Owner69.4%
Renter30.6%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Newark, CA has changed in 5 years

Rent
$2,961 → $3,578
up 20.8%
Income
$144,011 → $169,064
up 17.4%
Population
47,815 → 46,903
down 1.9%
Renter share
32.2% → 30.6%
-1.6 pts
Bachelor's+
41% → 48.1%
+7.1 pts
Median age
36.5 → 37.9
+1.4 yrs

Compared with 2021, rent in Newark, CA has increased by $617 per month, settling near $3,578 after starting the period at $2,961. Census figures show median household income at $169,064 today, compared with $144,011 five years earlier. Rent outpaced income growth by roughly 3.4 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 47,815 to 46,903 between 2021 and 2024, a 1.9% change. About 30.6% of households rent today, against 32.2% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 41% to 48.1%. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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View Newark rent history (2015–2026) →
Salary vs rent

Can you afford rent in Newark on your salary?

At $3,578/mo, how Newark rent compares to typical pay (30% rule).

By apartment size

Newark rent by bedroom count

Median rent for each apartment size in Newark. Click any size for full breakdown.

Local insights

Tips for renters in Newark

About renting in Newark, CA

Last updated: August 17, 2026

The median rent in Newark is $3,578/mo as of August 2026. A studio apartment averages $1,990/mo while a 2-bedroom runs $2,760/mo. One-bedroom apartments average $2,270/mo and 3-bedroom units go for $3,530/mo.

At 25% of local median household income ($169,064/yr), Newark ranks as affordable compared to the national benchmark of 30%. Rents have increased 8.0% over the past year.

FAQ

Frequently asked questions

Is Newark an affordable city for renters?

Newark is considered affordable for renters. At $3,578/mo, rent takes approximately 25% of the local median household income ($169,064/yr). The standard benchmark is 30%. Newark falls comfortably within that range.

How much income do you need to rent in Newark?

To keep rent at or below 30% of gross income, you would need to earn at least $143,000/year (~$69/hour full-time) to afford the median rent of $3,578/mo in Newark. The local median household income is $169,064/yr, meaning the typical Newark household meets that threshold.

Is rent going up or down in Newark?

Rent in Newark has increased 8.0% over the past year as of August 2026, putting upward pressure on renter budgets.

How does Newark rent compare to other cities in California?

Newark is one of the pricier cities in California for rent, ranking #72 out of 381 tracked cities at $3,578/mo.

Which nearby cities are cheaper to rent in than Newark?

Several nearby cities have lower median rents than Newark ($3,578/mo): Union City ($2,941/mo), Fremont ($3,358/mo).

What percentage of Newark residents rent vs. own?

According to Census data, approximately 30.6% of Newark households are renters, while 69.4% are owner-occupied. Newark leans toward homeownership, which can mean a smaller rental inventory.

How does Newark rent compare to the national average?

Newark's median rent of $3,578/mo is $1,616 (82%) above the US national median of $1,962/mo. Within California, it ranks #72 out of 381 tracked cities.
Income Affordability
25%
AFFORDABLE

At $3,578/mo, rent takes ~25% of Newark's median household income ($169,064/yr). The standard benchmark is 30%.

Newark 25%Benchmark 30%
State income tax1–13.3%
Run the Newark affordability calculator →
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Neighborhoods

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Schools nearby

Public schools near Newark, CA

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