Newark, 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 Newark is $1,681, a 0.74% increase compared to the previous year, when the average rent was $1,668.
Studio Apartments at $1,229 offer the most budget-friendly option with 402 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 738 square feet for $1,459, balancing privacy and affordability.
Two-beedroom units at $1,718 offer 964 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,310 sq ft) for $2,105, suitable for larger households.
Average rent in Newark, DE
Last updated: November 18, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,681 | 915 sq. ft. |
| Studio | $1,229 | 402 sq. ft. |
| 1 Bed | $1,459 | 738 sq. ft. |
| 2 Beds | $1,718 | 964 sq. ft. |
| 3 Beds | $2,105 | 1,310 sq. ft. |
Newark, DE rent trends
Rental prices in Newark, DE have increased by 0.74% over the past year. The average rent moved from $1,668 to $1,681.
What's the typical rent budget in Newark, DE?
The largest share of rentals in Newark, DE (46%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Newark, DE?
4,315 or 50% of the households in Newark, DE are renter-occupied while 4,360 or 50% are owner-occupied.
Average Rent in Newark, DE By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Newark City | $1,865 |
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How Newark Compares to Other Cities
| City | Average Rent |
|---|---|
| Newark | $1,681 |
| Wilmington | $1,696 |
| Dover | $1,592 |
| Bear | $2,000 |
| Middletown | $1,900 |
| New Castle | $1,581 |
| Smyrna | $1,513 |
| West Chester, PA | $2,073 |
| Glen Mills, PA | $2,449 |
| Marcus Hook, PA | $1,683 |
| Penns Grove, NJ | $1,358 |
| 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 Newark 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.