Rental market snapshot for Weequahic, Newark
Weequahic rental market summary
The rental market in Weequahic, New Jersey is showing signs of stability. In July 2023, there were 156 new listings, indicating that the market is still active. The median rent for the month of July 2023 was $1,750, which is only 2.8% lower than the median rent in June 2023 and the same as the median rent in July 2022. This suggests that the rental market in Weequahic is not experiencing any significant changes in rent prices.
Overall, the rental market in Weequahic appears to be relatively stable. The number of new listings is still high, and the median rent has remained consistent over the past year. This indicates that the rental market in Weequahic is likely to remain steady in the near future.
Median rent for all residential properties in Weequahic
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The most expensive listings and top trending buildings in Weequahic
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 242 Schley St | $2,950 | 5 / 2.0 |
| 126-128 Vassar Ave | $2,700 | 4 / 1.0 |
| 289 Pomona Ave | $2,300 | 3 / 1.0 |
| 300 Renner Ave | $2,300 | 4 / 2.0 |
| 893 Hunterdon St | $2,250 | 4 / 1.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Zillow | $1,450 |
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Bedroom Breakdown in Weequahic
Weequahic neighborhood apartments rents
The rental market for studios in Weequahic, New Jersey appears to be stable, with three new listings in August 2022 and a median rent of $1,000. Unfortunately, no data is available for July 2022, so it is not possible to determine the percent change in rent from July to August. Overall, the rental market for studios in Weequahic appears to be steady and affordable.
The rental market for 1-bedroom apartments in Weequahic, New Jersey appears to be stable, with only two new listings in May 2023 and a median rent of $1,450. Unfortunately, no data is available for April 2023, so it is not possible to determine the percent change in rent from April to May. Overall, the rental market for 1-bedroom apartments in Weequahic appears to be steady.
The rental market for 2-bedroom apartments in Weequahic, New Jersey in May 2023 is relatively stable. There were 5 new 2-bedroom listings in May 2023, and the median rent for 2-bedroom apartments remained the same at $1,700 from April to May 2023, indicating no change in rent prices. This suggests that the rental market for 2-bedroom apartments in Weequahic is relatively stable and not subject to significant fluctuations in rent prices.