Average Rent in Fairmount, Newark, NJ

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Current Versus Historical Fairmount, Newark, NJ Rents

Fairmount rentals average $1,575 for a 1-bedroom rental to $2,800 for a 4-bedroom rental. The median price of all currently available listings is $2,200, or roughly $22 per square feet.

For the apartment units and housing in November 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $146 (-8.48%) year-over-year from $1,720 to $1,575. 1-bedroom rentals prices have increased by $3 (0.22%) year-over-year from $1,497 to $1,500. 2-bedroom rentals prices have decreased by $300 (-15.00%) year-over-year from $2,000 to $1,700. 3-bedroom rentals prices have decreased by $90 (-3.85%) year-over-year from $2,340 to $2,250. 4-bedroom rentals prices have decreased by $375 (-12.00%) year-over-year from $3,125 to $2,750. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone down by 4.26% this month. 2-bedroom rents have gone down by 8.93% this month. 3-bedroom rents have gone up by 1.12% this month. 4-bedroom rents have gone down by 7.30% this month.

Beds	Price / Sqft	Nov 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$22.19	$1,500	$1,497 (0.22%)	$1,263 (18.81%)
2 BR	$21.76	$1,700	$2,000 (-15.00%)	$1,725 (-1.45%)
3 BR	$22.51	$2,250	$2,340 (-3.85%)	$2,196 (2.47%)
4+ BR	$12.00	$2,750	$3,125 (-12.00%)	$2,542 (8.20%)

Historical Rents in Fairmount, Newark, NJ

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Fairmount

There are a total of 17 cities nearby Fairmount. The average rent in Fairmount is currently $2,500 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Kearny, NJ, with an average rent of $2,175, is the most affordable city nearby. In contrast, the most expensive city near Fairmount, Newark, NJ is Jersey City, NJ. Monthly rents here are on average $4,551 per month.

Let's compare Fairmount, Newark, NJ's rent against other top cities nearby by bedroom size. One bedrooms are about 33.33% more affordable. Two bedrooms in Fairmount, Newark, NJ are about 30.77% more affordable. Finally, rent for three bedrooms are about 27.27% more affordable. Want more information? Check out the top 10 cities out of 17 total cities near Fairmount, Newark, NJ in the following table.

City	Studio	1 Bed	2 Bed	All
Kearny, NJ	N/A	$1,700	$2,150	$2,175
Newark, NJ	$2,145	$2,000	$2,100	$2,300
Passaic, NJ	$1,900	$1,751	$2,375	$2,300
Garfield, NJ	$1,150	$1,800	$2,200	$2,300
East Orange, NJ	$2,050	$2,706	$2,100	$2,398
Elizabeth, NJ	$1,425	$1,800	$2,000	$2,475
Clifton, NJ	N/A	$1,890	$2,500	$2,500
Bayonne, NJ	$2,283	$2,444	$3,221	$2,550
Harrison, NJ	$2,522	$2,928	$3,592	$2,899
Jersey City, NJ	$3,831	$4,946	$6,614	$4,551

Top Neighborhoods Near Fairmount

There are a total of 49 neighborhoods in or near Fairmount. Some of these neighborhoods include West Side, Weequahic, and Lower Vailsburg. We've included the top 30 neighborhoods out of 49 total neighborhoods in or near Fairmount, Newark, NJ in the following table.

The average rent for these 30 neighborhoods in or near Fairmount, Newark, NJ is currently around $5,131 per month. Interestingly, the neighborhoods' average rent is higher than Fairmount's average rent, which is only $2,200. Out of all the neighborhoods in or near Fairmount, West Side has the most affordable average rent at $2,275 per month. Whereas, at $7,995 average rent per month, NoLita is the most expensive neighborhood in or near Fairmount. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
West Side, Newark, NJ	N/A	$2,000	$2,275	$2,275
Weequahic, Newark, NJ	N/A	$1,495	$1,900	$2,300
Lower Vailsburg, Newark, NJ	$1,750	$1,550	$1,900	$2,300
Journal Square, Jersey City, NJ	$2,844	$3,463	$4,463	$3,276
Historic Downtown, Jersey City, NJ	$3,256	$3,558	$5,074	$4,358
Brooklyn Heights, New York, NY	$3,408	$4,824	$7,741	$4,977
Hell's Kitchen, New York, NY	$3,795	$4,686	$6,075	$4,995
Midtown, New York, NY	$3,975	$4,850	$7,777	$5,000
Midtown South, New York, NY	$3,988	$5,684	$7,600	$5,015
Financial District, New York, NY	$4,307	$5,261	$7,064	$5,053
The Waterfront, Jersey City, NJ	$4,099	$5,281	$7,545	$5,131
Hudson Yards, New York, NY	$4,138	$5,400	$7,895	$5,250
Civic Center, New York, NY	$5,300	$5,125	$7,250	$5,275
SoHo, New York, NY	$3,750	$5,295	$11,500	$5,295
Two Bridges, New York, NY	$4,113	$5,200	$8,750	$5,398
Flatiron District, New York, NY	$4,600	$6,600	$9,300	$5,500
West Village, New York, NY	$5,100	$5,500	$6,995	$5,500
Battery Park City, New York, NY	$4,400	$5,343	$7,780	$5,750
Bowery, New York, NY	$3,300	$3,799	$5,495	$5,780
East Village, New York, NY	$3,750	$5,465	$5,995	$5,800
Carroll Gardens, New York, NY	$3,050	$3,875	$6,000	$5,850
NoHo, New York, NY	$4,600	$6,195	$14,250	$5,850
Chelsea, New York, NY	$4,450	$6,195	$9,541	$5,995
DUMBO, New York, NY	$4,134	$5,257	$8,950	$6,221
Greenwich Village, New York, NY	$4,700	$7,150	$9,200	$6,300
NoMad, New York, NY	$4,671	$6,025	$8,506	$6,389
Gramercy Park, New York, NY	$4,250	$6,600	$10,700	$7,195
Little Italy, New York, NY	$4,100	$3,800	$4,995	$7,295
Tribeca, New York, NY	$5,990	$6,798	$8,573	$7,500
NoLita, New York, NY	$12,800	$4,995	$7,895	$7,995

Top Counties Near Fairmount

There are a total of 4 counties located by Fairmount, Newark, NJ. Some of these counties include Essex, NJ, Union, NJ, and Hudson, NJ. The average rent for rentals in these counties is $3,493. That's roughly around $57 per sqft. The county that is the most affordable is Essex, NJ. Its average rent per month is $2,575. Vice versa, with an average rent of $5,295, Manhattan, New York, NY is the most expensive county by Fairmount, Newark, NJ.

In comparison, rent for one bedroom listings in Fairmount, Newark, NJ is 132.54% more affordable than other counties nearby. Finally, rent for two bedrooms in Fairmount, Newark, NJ is 102.31% more affordable than other counties nearby. We've listed all of these counties in the table below.

County	Studio	1 Bed	2 Bed	All
Essex, NJ	$2,059	$2,200	$2,600	$2,575
Union, NJ	$1,700	$2,827	$2,900	$2,877
Hudson, NJ	$3,703	$4,498	$4,990	$4,110
Manhattan, New York, NY	$4,045	$5,190	$7,153	$5,295

Top Zipcodes Near Fairmount

There are a total of 50 zipcodes in or near Fairmount, Newark, NJ. The average rent for all of these zipcodes is $5,000. A total of 2 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 07111, Essex County, NJ at $2,100 per month. In comparison, the zipcode with the most expensive average rent of $9,300 per month is 10282, New York, NY.

Studios in these zipcodes have an average rent of $3,749. That's at least $95 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Fairmount, Newark, NJ is $4,948 per month. Or in other words, $88 per sqft. Meanwhile, two bedroom apartments will cost you an average of $6,495 per month. Which comes out to $88 per sqft. The following table includes the top 10 zipcodes in Fairmount, Newark, NJ. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
07111, Essex County, NJ	$1,249	$1,600	$2,000	$2,100
07029, Harrison, NJ	$2,522	$2,928	$3,587	$2,898
07032, Kearny, NJ	N/A	$1,700	$2,150	$2,175
07002, Bayonne, NJ	$2,283	$2,444	$3,221	$2,550
10282, New York, NY	$5,100	$6,965	$10,700	$9,300
10280, New York, NY	$4,250	$5,265	$7,125	$5,398
10014, New York, NY	$5,100	$5,995	$6,995	$5,500
10006, New York, NY	$3,877	$5,000	$6,408	$5,001
10011, New York, NY	$4,536	$6,215	$8,700	$6,218
10004, New York, NY	$4,220	$5,349	$6,740	$5,230

Frequently Asked Questions - Fairmount Average Rents

What is the average rent price in Fairmount, Newark, NJ?

The average monthly rental price for Fairmount, Newark, NJ apartments for rent is approximately $2,200. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Fairmount, Newark, NJ rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Fairmount, Newark, NJ.

How much is a one bedroom apartment in Fairmount, Newark, NJ?

The average monthly rental price for one bedroom apartments is $1,575 and an average price per square feet of $22.19. There are a total of 8 one bedroom apartment listings currently available for rent in Fairmount.

How much is a two bedroom apartment in Fairmount, Newark, NJ?

The average monthly rental price for two bedroom apartments is $1,950 and an average price per square feet of $21.76. There are a total of 11 two bedroom apartment listings currently available for rent in Fairmount.

How have rent prices in Fairmount, Newark, NJ changed this year?

Rent prices for rentals in Fairmount, Newark, NJ can fluctuate yearly. Specifically, studio rental prices have changed by -0.08%, one bedroom rental prices have changed by 0.00%, two bedroom rental prices have changed by -0.15%, three bedroom rental prices have changed by -0.04% year-over-year.

What is a reasonable rent price in Fairmount, Newark, NJ?

A reasonable rent price in Fairmount, Newark, NJ is around $1,760/month. You can search for these reasonably priced rental listings on RentHop.