New Castle, DE Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in New Castle is $1,581, a 4.09% increase compared to the previous year, when the average rent was $1,518.
Studio Apartments at $1,189 offer the most budget-friendly option with 297 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 782 square feet for $1,382, balancing privacy and affordability.
Two-beedroom units at $1,652 offer 978 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,182 sq ft) for $2,262, suitable for larger households.
Average rent in New Castle, DE
Last updated: November 18, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,581 | 909 sq. ft. |
| Studio | $1,189 | 297 sq. ft. |
| 1 Bed | $1,382 | 782 sq. ft. |
| 2 Beds | $1,652 | 978 sq. ft. |
| 3 Beds | $2,262 | 1,182 sq. ft. |
New Castle, DE rent trends
Rental prices in New Castle, DE have increased by 4.09% over the past year. The average rent moved from $1,518 to $1,581.
What's the typical rent budget in New Castle, DE?
The largest share of rentals in New Castle, DE (47%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in New Castle, DE?
987 or 36% of the households in New Castle, DE are renter-occupied while 1,719 or 64% are owner-occupied.
How New Castle Compares to Other Cities
| City | Average Rent |
|---|---|
| New Castle | $1,581 |
| Wilmington | $1,696 |
| Dover | $1,592 |
| Newark | $1,681 |
| Bear | $2,000 |
| Middletown | $1,900 |
| Smyrna | $1,513 |
| Chester, PA | $1,159 |
| West Chester, PA | $2,073 |
| Glen Mills, PA | $2,449 |
| Marcus Hook, PA | $1,683 |
| Penns Grove, NJ | $1,358 |
| Brookhaven, PA | $1,587 |
| Pennsville, NJ | $1,405 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all New Castle apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.