Newark, DE Rental Market Trends
What is the average rent in Newark?
The average rent for an apartment in Newark is $1,401. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Newark, DE
|Average Rent||Average Apartment Size|
|$1,401||899 sq. ft.|
What is the average apartment size in Newark?
The average size for a Newark, DE apartment is 899 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.
Newark, DE Apartment Rent Ranges
Newark, DE Occupied Housing Units
5,550 or 51% of the households in Newark, DE are renter-occupied while 5,186 or 48% are owner-occupied.
Newark, DE Rent Trends
|Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Mar / 2021||Jul / 2021||Nov / 2021||Jun / 2022|
Average Rent in Newark, DE By Neighborhood