Rents are right about where Newark's 10-year trend predicts.
Rent by unit size
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 →
12-month history
Last updated: August 17, 2026
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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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Newark, CA has changed in 5 years
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.
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Can you afford rent in Newark on your salary?
At $3,578/mo, how Newark rent compares to typical pay (30% rule).
Newark rent by bedroom count
Median rent for each apartment size in Newark. Click any size for full breakdown.
Tips for renters in Newark
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.
Frequently asked questions
Is Newark an affordable city for renters?
How much income do you need to rent in Newark?
Is rent going up or down in Newark?
How does Newark rent compare to other cities in California?
Which nearby cities are cheaper to rent in than Newark?
What percentage of Newark residents rent vs. own?
How does Newark rent compare to the national average?
At $3,578/mo, rent takes ~25% of Newark's median household income ($169,064/yr). The standard benchmark is 30%.
How does this area stack up?
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Estimated from ZIP-level data
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