At $1,970/mo, rent takes about 31% of the local median household income, slightly above the 30% benchmark.
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 $1,970 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: July 20, 2026
What the numbers show
30% of the median household income ($77,344) is $1,934 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,810).
From Zillow's monthly rent index (ZORI) for Newark. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Newark, TX has changed in 5 years
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.
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Can you afford rent in Newark on your salary?
At $1,970/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: 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.
Frequently asked questions
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 Texas?
Which nearby cities are cheaper to rent in than Newark?
At $1,970/mo, rent takes ~31% of Newark's median household income ($77,344/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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