Newark City, DE Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Newark City is $1,914, a 0.63% increase compared to the previous year, when the average rent was $1,902.
Studio Apartments at $1,298 offer the most budget-friendly option with 511 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 675 square feet for $1,532, balancing privacy and affordability.
Two-beedroom units at $1,862 offer 872 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,263 sq ft) for $2,485, suitable for larger households.
Average rent in Newark City, DE
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,914 | 874 sq. ft. |
| Studio | $1,298 | 511 sq. ft. |
| 1 Bed | $1,532 | 675 sq. ft. |
| 2 Beds | $1,862 | 872 sq. ft. |
| 3 Beds | $2,485 | 1,263 sq. ft. |
Newark City, DE rent trends
Rental prices in Newark City, DE have increased by 0.63% over the past year. The average rent moved from $1,902 to $1,914.
What's the typical rent budget in Newark City, DE?
The largest share of rentals in Newark City, DE (52%) 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 City, DE?
4,315 or 50% of the households in Newark City, DE are renter-occupied while 4,360 or 50% are owner-occupied.
How Newark City Compares to Other Cities
| City | Average Rent |
|---|---|
| Newark City | $1,914 |
| Wilmington | $1,682 |
| New Castle | $1,560 |
| Newark | $1,705 |
| Bear | $1,924 |
| Middletown | $1,905 |
| Dover | $1,591 |
| West Chester, PA | $2,059 |
| Marcus Hook, PA | $1,661 |
| Glen Mills, PA | $2,454 |
| Kennett Square, PA | $2,029 |
| Pennsville, NJ | $1,435 |
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 City 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.