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City Report · NJ

Newton

Pop. 8,369·165th most expensive in New Jersey·Rental market data updated monthly for Newton, NJ
Median rent (all units)
$1,986/mo
Year-over-Year
Stable
Month-over-Month
+9.7%
vs US Median
+$24
Rising (Monthly)
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Most AffordableMost Expensive
Newton · $1,986
More expensive than 58% of US cities · National median $1,962/mo
Affordability
31% of income
MODERATE
0%30% benchmark60%+

At $1,986/mo, rent takes about 31% of the local median household income, slightly above the 30% benchmark.

Income to afford
$79,000/yr
Local median income
$76,221/yr
Based on the 30%-of-income rule using Newton's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,410
1 BR
$1,600
2 BR
$1,940
3 BR
$2,440
4 BR+
$2,780
Fair Market Rent (HUD)
$1,940/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,986 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
$23,832/yr
At $1,986/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +9.7% MoM), not inventory.
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Demographics

Who lives here

Newton, NJ is majority owner-occupied, 30.5% of residents hold a bachelor's degree or higher.

Population
8,369
Median income
$76,221
Median age
42.5
Renters
40.7%
Age distribution
18%
21.8%
27.9%
12.4%
19.9%
Under 1818%
18–3421.8%
35–5427.9%
55–6412.4%
65+19.9%
Gender
47.6%
52.4%
Male47.6%
Female52.4%
Race & ethnicity
79.9%
White79.9%
Black9.4%
Hispanic12%
Asian1.4%
Education (25+)
31.2%
31.1%
30.5%
No HS diploma7.3%
HS diploma31.2%
Some college31.1%
Bachelor's+30.5%
Housing tenure
59.3%
40.7%
Owner59.3%
Renter40.7%

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

2021 vs 2026

How Newton, NJ has changed in 5 years

Income
$69,107 → $76,221
up 10.3%
Population
8,423 → 8,369
down 0.6%
Renter share
43.3% → 40.7%
-2.6 pts
Bachelor's+
27.7% → 30.5%
+2.8 pts
Median age
47.3 → 42.5
-4.8 yrs

Census figures show median household income at $76,221 today, compared with $69,107 five years earlier. Renters now make up 40.7% of households, compared with 43.3% five years ago. College-educated residents now make up 30.5% of adults here, versus 27.7% in 2021.

Community

Discussions about Newton

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

Can you afford rent in Newton on your salary?

At $1,986/mo, how Newton rent compares to typical pay (30% rule).

By apartment size

Newton rent by bedroom count

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

Local insights

Tips for renters in Newton

About renting in Newton, NJ

Last updated: August 17, 2026

The median rent in Newton is $1,986/mo as of August 2026. A studio apartment averages $1,410/mo while a 2-bedroom runs $1,940/mo. One-bedroom apartments average $1,600/mo and 3-bedroom units go for $2,440/mo.

At 31% of local median household income ($76,221/yr), Newton ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Newton an affordable city for renters?

Newton is considered moderate for renters. At $1,986/mo, rent takes approximately 31% of the local median household income ($76,221/yr). The standard benchmark is 30%. Newton slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Newton?

To keep rent at or below 30% of gross income, you would need to earn at least $79,000/year (~$38/hour full-time) to afford the median rent of $1,986/mo in Newton. The local median household income is $76,221/yr, meaning the typical Newton household falls short of that threshold.

Is rent going up or down in Newton?

Rent in Newton has been relatively stable over the past year, with a 0.0% change year over year as of August 2026.

How does Newton rent compare to other cities in New Jersey?

Newton is one of the more affordable cities in New Jersey for rent, ranking #165 out of 183 tracked cities at $1,986/mo.

What percentage of Newton residents rent vs. own?

According to Census data, approximately 40.7% of Newton households are renters, while 59.3% are owner-occupied. Newton leans toward homeownership, which can mean a smaller rental inventory.

How does Newton rent compare to the national average?

Newton's median rent of $1,986/mo is $24 (1%) above the US national median of $1,962/mo. Within New Jersey, it ranks #165 out of 183 tracked cities.
Income Affordability
31%
MODERATE

At $1,986/mo, rent takes ~31% of Newton's median household income ($76,221/yr). The standard benchmark is 30%.

Newton 31%Benchmark 30%
State income tax1.4–10.75%
Run the Newton affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Newton, NJ

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