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Rental Market Trends in Newark, DE

Updated July 2026

The average rent in Newark, DE is $1,502/month.

Rent in Newark is roughly equal to the national average rent of of $1,662/month.

$1,502/month

Average Rent

718 Sq Ft

Average Size

+1%

Change / Year

1,367

Available Apartments

Newark rent varies by unit size and layout:

  • Studio apartments in Newark average $1,336 per month.
  • One-bedroom apartments in Newark average $1,502 per month.
  • Two-bedroom apartments in Newark average $1,694 per month.
  • Three-bedroom apartments in Newark average $2,119 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,336/month
425 Sq Ft
One Bedroom
$1,502/month
718 Sq Ft
Two Bedroom
$1,694/month
945 Sq Ft
Three Bedroom
$2,119/month
1,350 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,049/month
0 Sq Ft
Three Bedroom
$2,226/month
730 Sq Ft
Four Bedroom
$2,817/month
1,716 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$2,397/month
1,333 Sq Ft
View Newark Apartments

How much has average rent changed in Newark, DE?

In the past year, rent has increased by 1%, which averages out to $15 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Newark, DE

July 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Newark, DE
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
38% $1,001 - $1,500/month
43% $1,501 - $2,000/month
20% Above $2,000/month

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

Because the average rent in Newark is $1,502, you’ll want to make about $5,006 per month or $60,072 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.

Cost of Living

The cost of living in Newark, DE is 6.2% higher than the national average. Generally, housing in Newark is 10.5% more expensive than the national average, with rent falling between $1,336 - $2,119. You can expect to pay 5.6% more for groceries, 0.4% more for utilities, and 4.8% less for transportation.

City

Newark, DE

1,367 Available Apartments for Rent

Search for Nearby Apartments

How does Newark, DE compare to other nearby cities and neighborhoods?

Use the tool below to compare Newark, 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.

View the Newark Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Bear

    Bear

  • Newport

    Newport

  • Elkton

    Elkton

Apartment Communities in Newark We Think You'll Love

St. Andrews Community

St. Andrews Community

50 Turnberry Ct,
Bear, DE 19701

1-3 Beds | $1,905 - $3,400

The Villas Apartments

The Villas Apartments

21 Villas Dr,
New Castle, DE 19720

1-2 Beds | $1,565 - $2,510

Aspen Run

Aspen Run

2102 Ashkirk Dr,
Newark, DE 19702

1-2 Beds | $1,395 - $1,725

Rockwood Apartments

Rockwood Apartments

3525 Rockwood Rd,
Newark, DE 19702

1-4 Beds | $1,595 - $2,425

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Frequently Asked Questions

What is the average rent in Newark?

The average rent in Newark is $1,502 per month, which is 9.6% lower than the national average of $1,662.

What is the average rent for a house in Newark?

The average rent for a house in Newark, DE is $2,226 per month.

Are rents going up or down in Newark?

Rents in Newark, DE are increasing, with prices up 1.0% year-over-year and $15 more per month.

What rent range is most common in Newark?

In Newark, DE, 43% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

United States Delaware Newark 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