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Rent in Newark, TX

A 2-bedroom in Newark, TX (ZIP 76071) typically rents for about $1,256 a month, with a range of $1,230–$1,281. Owner-occupied homes in Wise County pay about 1.14% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.

Rent by bedrooms

Typical monthly rent in Newark, TX by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$950$886–$9501
1 bed$960$892–$9601
2 beds$1,256$1,230–$1,2811
3 beds$1,815$1,700–$1,9291
4 beds$2,030$1,916–$2,0301

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

Newark ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Newark, TX?
About $1,256 a month: the median of the typical rents in 1 ZIP code, which range from $1,230–$1,281. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Newark, TX?
About $960 a month: the median of the typical rents in 1 ZIP code, which range from $892–$960. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Newark, TX?
About $1,815 a month: the median of the typical rents in 1 ZIP code, which range from $1,700–$1,929. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Newark, TX?
About $950 a month: the median of the typical rents in 1 ZIP code, which range from $886–$950. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Newark, TX?
About $2,030 a month: the median of the typical rents in 1 ZIP code, which range from $1,916–$2,030. Figures are gross rent (rent plus tenant-paid utilities).
What is the property tax rate in Newark, TX?
Owner-occupied homes in Wise County pay a typical 1.14% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Newark rent figures come from?
HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).