The Villas Apartments
21 Villas Dr,
New Castle, DE 19720
$1,335 - $2,155
1-2 Beds
Rental Market Trends in New Castle, DE
What is the average rent in New Castle, DE?
$1,393/month
Average Rent
790 Sq Ft
Average Apartment Size
+3.4%
Increase in the Last Year
As of March 2026, the average rent in New Castle, DE is $1,393 per month. For comparison, the national average rent price in the US is currently $1,626/month, which means New Castle rent prices are 14% lower than the national average. When you rent an apartment in New Castle, you can expect to pay about $1,109 per month for a studio, $1,393 for a one-bedroom apartment, and around $1,587 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,189 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in New Castle, DE?
In the past year, rent has increased by 3.4%, which averages out to $48 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025
2026
Rent Ranges in New Castle, DE
Last Updated March 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
5%
$700 - $1,000/month
37%
$1,001 - $1,500/month
58%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in New Castle?
Based on current rent prices, Llangollen Estates, Chaddwyck and Beaver Brook Crest are the most affordable neighborhoods in New Castle.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in New Castle?
Based on current rent prices, Penn Acres South, Llangollen Estates and Chaddwyck are the most expensive neighborhoods in New Castle.
Neighborhood
Average Rent
Average Sq Ft
Which New Castle neighborhoods have the most rentals available?
The neighborhoods in New Castle with the most apartments available are Penn Acres South, Llangollen Estates and Chaddwyck .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in New Castle, DE?
Because the average rent in New Castle is $1,393, you’ll want to make about $4,643 per month or $55,716 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does New Castle, DE compare to other nearby cities and neighborhoods?
Use the tool below to compare New Castle, DE to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Nearby City Rent Trends
Apartment communities in New Castle we think you'll love
Property Management Companies in New Castle, DE
The Galman Group
-
31
Communities
-
6,111
Units
-
17
Cities
2 Communities in New Castle
Morgan Properties
-
392
Communities
-
108,513
Units
-
240
Cities
1 Community in New Castle
The Michaels Organization
-
79
Communities
-
12,667
Units
-
65
Cities
1 Community in New Castle
AJH Management
-
48
Communities
-
17,108
Units
-
40
Cities
1 Community in New Castle
Goldcrest Properties
-
27
Communities
-
4,132
Units
-
22
Cities
1 Community in New Castle
Geller Properties
-
15
Communities
-
2,123
Units
-
10
Cities
1 Community in New Castle
First Montgomery Group
-
10
Communities
-
3,099
Units
-
8
Cities
1 Community in New Castle
Capital Management Group
-
10
Communities
-
2,716
Units
-
6
Cities
1 Community in New Castle
Learn More with Helpful Articles
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
* Percentages may not total 100 due to rounding.