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Rental Market Trends in New Castle, DE

What is the average rent in New Castle, DE?

$1,409/month

Average Rent

790 Sq Ft

Average Apartment Size

+4.2%

Increase in the Last Year

New Castle, DE Rental Market Overview

The average rent in New Castle, DE is $1,409 per month. For comparison, the national average rent price in the US is currently $1,644/month, which means New Castle rent prices are 14% lower than the national average.

  • Studio apartments in New Castle average $1,096 per month.
  • One-bedroom apartments in New Castle average $1,409 per month.
  • Two-bedroom apartments in New Castle average $1,595 per month.
  • Three-bedroom apartments in New Castle average $2,118 or more per month.

Data Updated: June, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,096/month
359 Sq Ft
One Bedroom
$1,409/month
790 Sq Ft
Two Bedroom
$1,595/month
966 Sq Ft
Three Bedroom
$2,118/month
1,203 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 4.2%, which averages out to $60 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 June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in New Castle, DE
Last Updated June 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in New Castle, DE
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

What salary do I need to live comfortably in New Castle, DE?

Because the average rent in New Castle is $1,409, you’ll want to make about $4,696 per month or $56,352 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.

City

New Castle, DE

136 Available Apartments for Rent

Search for Nearby Apartments

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.

Explore the Area Guide for New Castle, DE

Apartment Averages

Nearby City Rent Trends

  • Newport Average Rent
  • Pennsville Average Rent
  • Wilmington Average Rent

Apartment communities in New Castle we think you'll love

The Villas Apartments

The Villas Apartments

21 Villas Dr,
New Castle, DE 19720

$1,385 - $2,250

1-2 Beds

Windsor Forest Townhomes

Windsor Forest Townhomes

101 Paisley Ln,
New Castle, DE 19720

$1,500 - $1,795

1-2 Beds

Castlebrook Apartments

Castlebrook Apartments

550 S Dupont Pky,
New Castle, DE 19720

$1,266 - $2,226

Studio - 3 Beds

William Penn Village Apartment Homes

William Penn Village Apartment Homes

595 Tulip Ln,
New Castle, DE 19720

$1,275 - $2,950

Studio - 2 Beds

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United States Delaware New Castle Rental Trends

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 June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity