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City Report · OH

Newark

Pop. 50,783·99th most expensive in Ohio·One of the most affordable rental markets in the US
Median rent (all units)
$1,226/mo
Year-over-Year
+2.0%
Month-over-Month
+10.3%
vs US Median
-$739
Rising (Monthly)
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Most AffordableMost Expensive
Newark · $1,226
More affordable than 91% of US cities · National median $1,965/mo
Rent Reality Score
57/100
Fairly priced
OverheatedFairGreat value

Rents are 3% below what Newark's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,226/mo
Expected by trend
$1,268/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
$880
1 BR
$960
2 BR
$1,180
3 BR
$1,420
4 BR+
$1,580
Research median
$1,180/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$14,712/yr
At $1,226/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 2.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+2.0% YoY, +10.3% MoM), not inventory.
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Demographics

Who lives here

Newark, OH is majority owner-occupied, has a median income below the national average, 23% of residents hold a bachelor's degree or higher.

Population
50,783
Median income
$61,670
Median age
38.8
Renters
44.2%
Age distribution
22.2%
23.1%
25.5%
17.2%
Under 1822.2%
18–3423.1%
35–5425.5%
55–6412%
65+17.2%
Gender
48.5%
51.5%
Male48.5%
Female51.5%
Race & ethnicity
87.2%
White87.2%
Black3.1%
Hispanic3%
Asian1%
Other5.6%
Education (25+)
39.8%
28.1%
23%
No HS diploma9.1%
HS diploma39.8%
Some college28.1%
Bachelor's+23%
Housing tenure
55.8%
44.2%
Owner55.8%
Renter44.2%

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

2022 vs 2026

How Newark, OH has changed in 5 years

Rent
$931 → $1,226
up 31.7%
Income
$52,570 → $61,670
up 17.3%
Population
49,703 → 50,783
up 2.2%
Renter share
44.7% → 44.2%
-0.5 pts
Bachelor's+
22.1% → 23%
+0.9 pts
Median age
38.3 → 38.8
+0.5 yrs

Across the past five years, the going rent in Newark, OH has shifted from $931 to $1,226, up 31.7% since 2022. Household income in the area moved from $52,570 to $61,670 across the same window, up 17.3% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Newark, OH adding about 1,080 residents over the five-year window, up 2.2% on net. Reading these numbers side by side helps frame whether current listings in Newark, OH look reasonable against where the market sat half a decade ago.

Community

Discussions about Newark

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

Can you afford rent in Newark on your salary?

At $1,226/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, OH

Last updated: July 20, 2026

The median rent in Newark is $1,226/mo as of July 2026. A studio apartment averages $880/mo while a 2-bedroom runs $1,180/mo. One-bedroom apartments average $960/mo and 3-bedroom units go for $1,420/mo.

At 24% of local median household income ($61,670/yr), Newark ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.0% over the past year.

FAQ

Frequently asked questions

Is Newark an affordable city for renters?

Newark is considered very affordable for renters. At $1,226/mo, rent takes approximately 24% of the local median household income ($61,670/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 $49,000/year (~$24/hour full-time) to afford the median rent of $1,226/mo in Newark. The local median household income is $61,670/yr, meaning the typical Newark household meets that threshold.

Is rent going up or down in Newark?

Rent in Newark has increased 2.0% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Newark rent compare to other cities in Ohio?

Newark is one of the more affordable cities in Ohio for rent, ranking #99 out of 128 tracked cities at $1,226/mo.

What percentage of Newark residents rent vs. own?

According to Census data, approximately 44.2% of Newark households are renters, while 55.8% 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 $1,226/mo is $739 (38%) below the US national median of $1,965/mo. Within Ohio, it ranks #99 out of 128 tracked cities.
Income Affordability
24%
VERY AFFORDABLE

At $1,226/mo, rent takes ~24% of Newark's median household income ($61,670/yr). The standard benchmark is 30%.

Newark 24%Benchmark 30%
State income tax2.75–3.5%
Run the Newark affordability calculator →
Lowest-rent ZIP codes in Newark
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Newark, OH

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