New Castle, DE Rental Market Trends
What is the average rent in New Castle?
The average rent for an apartment in New Castle is $1,224, a 9% increase compared to the previous year, when the average rent was $1,119.
Average Rent in New Castle, DE
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,224||9%||911 sq. ft.|
What is the average apartment size in New Castle?
The average size for a New Castle, DE apartment is 911 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
New Castle, DE Apartment Rent Ranges
New Castle, DE Occupied Housing Units
- Renter-occupied Households44%
- Owner-occupied Households55%
1,069 or 44% of the households in New Castle, DE are renter-occupied while 1,332 or 55% are owner-occupied.
New Castle, DE Rent Trends
|Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||May / 2021|
How New Castle Compares to Other Cities
|Average Rent||Y-o-Y Change|
|King of Prussia||$1,672||2%|