Moving in or out mid-month in Newark? Enter your monthly rent and date to calculate exactly what you owe for a partial month, with New Jersey deposit and notice rules for 2026.
Last updated: May 2026 · Data: MIT Living Wage Calculator, C2ER, U.S. Census, BLS, IRS, state and city sources
Prorated rent is what you pay for a partial month when you move in or out on a day other than the first. With average Newark rent near $1,700/month, the standard method divides monthly rent by the days in the month and multiplies by days occupied. New Jersey caps the security deposit at one and one-half months' rent and requires the landlord to return it, with interest and an itemized statement of any deductions, within 30 days of move-out. A written notice of at least one month generally ends a month-to-month tenancy, though good cause is often required to evict.
| Rule (New Jersey) | Detail |
|---|---|
| Average 1-bedroom rent | $1,700/month |
| Average 2-bedroom rent | $2,050/month |
| Security deposit limit | one and one-half months' rent |
| Deposit return deadline | 30 days after move-out |
| Month-to-month notice | one month (month-to-month) written notice |
| Standard proration formula | Rent ÷ days in month × days occupied |
Example: rent is $1,700, move-in is the 10th of a 30-day month, so 21 days remain. Prorated rent is ($1,700 ÷ 30) × 21 = $1,190.
Newark is the largest city in New Jersey, a major transportation hub anchored by Newark Liberty International Airport and Port Newark, with an economy spanning insurance and financial services (including Prudential), healthcare, higher education, and logistics.
| Local Metric | Newark (2026 estimate) |
|---|---|
| Metro population | 310,000 |
| County / jurisdiction | Essex County |
| Cost of living index (US avg = 100) | 116 |
| MIT living wage, single adult | $23.00/hour |
| MIT living wage, one earner supporting a family of four | $46.00/hour |
| Applicable minimum wage | $15.49/hour |
| Average rent, 1-bedroom | $1,700/month |
| Average rent, 2-bedroom | $2,050/month |
| Median home price | $420,000 |
| Median household income | $45,000/year |
| Combined sales tax rate | 6.625% |
| Effective property tax rate | 3.28% of value/year |
Local figures are 2026 estimates compiled from the MIT Living Wage Calculator, the C2ER Cost of Living Index, U.S. Census and Zillow housing data, and city and county sources. Verify current figures before relying on them.
Divide your monthly rent by the number of days in the move-in month, then multiply by the days you occupy the unit. For example, $1,700 rent divided by 30 days times 15 days occupied is $850. Use the calculator above for your dates.
Average rent in Newark is about $1,700/month for a 1-bedroom and $2,050 for a 2-bedroom, which is why getting proration right matters when you move mid-month.
In New Jersey the security deposit limit is one and one-half months' rent. The deposit must be returned within 30 days of move-out with an itemized statement of any deductions. New Jersey caps the security deposit at one and one-half months' rent and requires the landlord to return it, with interest and an itemized statement of any deductions, within 30 days of move-out. A written notice of at least one month generally ends a month-to-month tenancy, though good cause is often required to evict.
In New Jersey, one month (month-to-month) of written notice generally ends a month-to-month tenancy, though your lease may require more. Notice timing also affects your final prorated rent.
There is no statute mandating a specific proration method in New Jersey, but most landlords prorate as standard practice. Confirm the method in writing in your lease before signing to avoid disputes.