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City Report · TX

Newark

Pop. 1,177·54th most expensive in Texas·Rental market data updated monthly for Newark, TX
Median rent (all units)
$1,970/mo
Year-over-Year
Stable
Month-over-Month
-2.9%
vs US Median
+$5
Falling (Monthly)
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Most AffordableMost Expensive
Newark · $1,970
More expensive than 57% of US cities · National median $1,965/mo
Affordability
31% of income
MODERATE
0%30% benchmark60%+

At $1,970/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
$77,344/yr
Based on the 30%-of-income rule using Newark's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$920
1 BR
$960
2 BR
$1,130
3 BR
$1,580
4 BR+
$1,810
Research median
$1,130/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
$23,640/yr
At $1,970/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 0.0% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+0.0% YoY, -2.9% MoM), not inventory.
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Demographics

Who lives here

Newark, TX is majority owner-occupied, has a large share of families with children, 16.1% of residents hold a bachelor's degree or higher.

Population
1,177
Median income
$77,344
Median age
27.7
Renters
23.1%
Age distribution
30.9%
25.7%
24.1%
Under 1830.9%
18–3425.7%
35–5424.1%
55–649.1%
65+10.1%
Gender
54.5%
45.5%
Male54.5%
Female45.5%
Race & ethnicity
72.3%
34.7%
White72.3%
Hispanic34.7%
Asian0.6%
Education (25+)
15.4%
47.2%
21.3%
16.1%
No HS diploma15.4%
HS diploma47.2%
Some college21.3%
Bachelor's+16.1%
Housing tenure
76.9%
23.1%
Owner76.9%
Renter23.1%

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

2021 vs 2026

How Newark, TX has changed in 5 years

Income
$45,313 → $77,344
up 70.7%
Population
1,100 → 1,177
up 7.0%
Renter share
30.5% → 23.1%
-7.4 pts
Bachelor's+
10.5% → 16.1%
+5.6 pts
Median age
31.8 → 27.7
-4.1 yrs

Census figures show median household income at $77,344 today, compared with $45,313 five years earlier. Census counts show Newark, TX adding about 77 residents over the five-year window, up 7.0% on net. The renter share has eased from 30.5% to 23.1%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 10.5% to 16.1% across the same window.

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 $1,970/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, TX

Last updated: July 20, 2026

The median rent in Newark is $1,970/mo as of July 2026. A studio apartment averages $920/mo while a 2-bedroom runs $1,130/mo. One-bedroom apartments average $960/mo and 3-bedroom units go for $1,580/mo.

At 31% of local median household income ($77,344/yr), Newark ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Newark an affordable city for renters?

Newark is considered moderate for renters. At $1,970/mo, rent takes approximately 31% of the local median household income ($77,344/yr). The standard benchmark is 30%. Newark slightly exceeds that threshold, so budgeting carefully matters here.

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 $79,000/year (~$38/hour full-time) to afford the median rent of $1,970/mo in Newark. The local median household income is $77,344/yr, meaning the typical Newark household falls short of that threshold.

Is rent going up or down in Newark?

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

How does Newark rent compare to other cities in Texas?

Newark is one of the pricier cities in Texas for rent, ranking #54 out of 269 tracked cities at $1,970/mo.

Which nearby cities are cheaper to rent in than Newark?

Several nearby cities have lower median rents than Newark ($1,970/mo): Fort Worth ($1,635/mo), Azle ($1,798/mo), Saginaw ($1,958/mo).

What percentage of Newark residents rent vs. own?

According to Census data, approximately 23.1% of Newark households are renters, while 76.9% 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 $1,970/mo is $5 (0%) above the US national median of $1,965/mo. Within Texas, it ranks #54 out of 269 tracked cities.
Income Affordability
31%
MODERATE

At $1,970/mo, rent takes ~31% of Newark's median household income ($77,344/yr). The standard benchmark is 30%.

Newark 31%Benchmark 30%
State income taxNone
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Newark, TX

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