Rentometer, Inc. | Data as of 12/04/2025
Newark’s rental market offers a diverse mix of housing options that cater to students, young professionals, and families alike. Apartment living is prominent downtown and near the University of Akron’s satellite campus, where studio units typically rent in the $800s and one‑bedroom layouts fall within the $1000 range. Larger two‑ and three‑bedroom apartments are comfortably positioned in the $1200s to $1300s, making them attractive for roommates and small households seeking modern amenities close to shops, restaurants, and cultural venues such as the historic Newark Train Station and the Newark Museum of Art.
For renters preferring single‑family homes, Newark presents a variety of choices across its charming neighborhoods like the historic West Main district and the newer residential developments near the Ohio State University’s Newark Campus. One‑bedroom houses generally command rents in the $800s, while two‑bedroom homes sit in the $1300 range, reflecting the spacious layouts and yard space many families value. Larger three‑bedroom houses are available in the $1500s, and expansive four‑plus‑bedroom properties approach the $2000 range, offering ample room for growing households or those needing dedicated home office space.
Beyond affordability, Newark boasts a vibrant community atmosphere with easy access to the Olentangy River, the scenic Newark Reservoir, and a thriving downtown packed with local boutiques, cafés, and seasonal events. Whether you’re looking for a conveniently located apartment or a roomy family home, the city’s balanced blend of price points, amenities, and neighborhood character makes it a compelling place to call home.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $839 | $858 | $795 - $864 | $795 - $864 |
| Apartment | 1 Bedroom | $1,061 | $1,025 | $795 - $1,450 | $895 - $1,300 |
| Apartment | 2 Bedroom | $1,296 | $1,200 | $400 - $3,009 | $1,050 - $1,325 |
| Apartment | 3 Bedroom | $1,388 | $1,380 | $1,150 - $1,800 | $1,230 - $1,438 |
| House | 1 Bedroom | $885 | $800 | $600 - $1,400 | $750 - $950 |
| House | 2 Bedroom | $1,290 | $1,282 | $900 - $1,750 | $1,100 - $1,400 |
| House | 3 Bedroom | $1,574 | $1,500 | $1,100 - $3,090 | $1,350 - $1,750 |
| House | 4+ Bedroom | $2,244 | $1,995 | $1,200 - $5,500 | $1,625 - $2,620 |
In the current period, the average rent in Newark was $839 for Studio, $974 for 1 Bedroom, $1,293 for 2 Bedroom, $1,548 for 3 Bedroom, and $2,092 for 4+ Bedroom.
Data provided by Rentometer, Inc.