The Villas Apartments
21 Villas Dr,
New Castle, DE 19720
1-2 Beds | $1,350 - $1,655
Rental Market Trends in Newark, DE
Updated September 2026
The average rent in Newark, DE is $1,509/month.
Rent in Newark is roughly equal to the national average rent of of $1,664/month.
$1,509/month
Average Rent
732 Sq Ft
Average Size
+1.8%
Change / Year
879
Available Apartments
Newark rent varies by unit size and layout:
- Studio apartments in Newark average $1,349 per month.
- One-bedroom apartments in Newark average $1,509 per month.
- Two-bedroom apartments in Newark average $1,713 per month.
- Three-bedroom apartments in Newark average $2,109 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Newark, DE?
In the past year, rent has increased by 1.8%, which averages out to $28 more per month.
Market Trends Over Time
September 2026
2025
2026
Rent Ranges in Newark, DE
September 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
30%
$1,001 - $1,500/month
54%
$1,501 - $2,000/month
16%
Above $2,000/month
What salary do I need to live comfortably in Newark, DE?
Because the average rent in Newark is $1,509, you’ll want to make about $5,030 per month or $60,360 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 $1,349 - $2,109. You can expect to pay 5.6% more for groceries, 0.4% more for utilities, and 4.8% less for transportation.
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 GuideCompare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Newark We Think You'll Love
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Frequently Asked Questions
What is the average rent in Newark?
The average rent in Newark is $1,509 per month, which is 9.3% lower than the national average of $1,664.
What is the average rent for a house in Newark?
The average rent for a house in Newark, DE is $2,253 per month.
What is the average rent for a townhome in Newark?
The average rent for a townhome in Newark, DE is $2,000 per month.
Are rents going up or down in Newark?
Rents in Newark, DE are increasing, with prices up 1.8% year-over-year and $28 more per month.
What rent range is most common in Newark?
In Newark, DE, 54% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.
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 September 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.